
Australia’s Anson signs lithium supply deal with LG Energy Solution
Australian miner Anson Resources signed an offtake deal with South Korea’s LG Energy Solution on Wednesday for the supply of battery-grade lithium carbonate, sending its shares nearly 25% higher.Under the agreement, the South Korean battery manufacturer will acquire up to 4,000 dry metric tons of lithium carbonate annually from Anson’s project within the Paradox Basin in southern Utah, in the United States, with supply anticipated to commence in 2028.The agreement features an initial five-year term, with the option for a potential five-year extension.

Peru’s Minsur to start work on $500 million copper mine in October
Peruvian miner Minsur is set to kick off blasting work in October for an access tunnel to an underground copper mine expected to cost some $500 million, an executive at the firm said on Wednesday, part of the Justa mine expansion plan.Juan Luis Kruger, CEO of Minsur, said in a forum with mining executives in Arequipa, in Peru’s south, that the underground mine is targeted to become the nation’s second-largest.Peru is the world’s third-largest copper producer.(By Marco Aquino; Editing by Sarah Morland)

Aurubis starts production at US copper recycling plant
Aurubis AG, Europe’s largest copper producer, said on Wednesday it had started production at its newly built US metal recycling plant at Richmond in Georgia.The plant will reduce the need for US metal imports, with production expected to reach full capacity in the first half of 2026, Aurubis said.With an investment of about $800 million, the plant will process up to 180,000 metric tons of complex waste recycling material annually, including printed circuit boards, copper cable and other metal-bearing products.