Ottawa-Beijing ties hit by mining spat
Deal for 65% of potash production
Resource update in early 2023
Beijing says the domestic supply and demand situation has become serious
Will have "significant" impact on operations
Russian sanctions and Indonesian ESG issues could trouble new supply
The longer-term outlook, however, is "very positive", Jefferies said
Vale is to supply 25,000 metric tons NiEq per year, which could supply about 350,000 EVs annually
IRA gives tax credits for US-sourced battery materials
Another permitting setback for N.American miners
SQM's board also approved the first stages of expanding its Chilean production.
Covid-19 restrictions and lockdowns are expected to have weighed on industrial activity
Demand from US is strong
Death occured on October 22
The arrangement is planned to be replicated in other countries
Demand is set to outstrip supply
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