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CITIC Metal to sell up to 2% stake in Ivanhoe Mines

In a press release via the Shanghai Stock Exchange, CITIC said it has received board approval to sell at most 25,390,428 shares, or 2% of Ivanhoe’s outstanding share capital. Shareholder approval for the divestment will be sought in a meeting scheduled for June 11. Assuming CITIC...
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The Rise of LFP Batteries Reshapes the Electric Vehicle Market

In early 2023, it appeared that cobalt and nickel-laden electric car battery markets were dealt a colossal blow, altering the balance of power in the industry. A few months later, the burgeoning success of LFP Model 3 stood as a...
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