• Alex Dorsch defended Chalice's tie-up with Mitshubishi despite a poor market reaction, with the MOU falling short of a financial commitment (AFR)

• German chemicals giant BASF has abandoned plans to invest in lithium mining assets in Chile as the market slowdown continues (Bloomberg)

• South Korea's Hyundai and LG Energy inaugurated Indonesia's first battery cell production plant for electric vehicles yesterday (Reuters)

• Some 1,400 jobs are in limbo after a “gas ignition” event shut down production at Grosvenor (West)

• Rio Tinto is tipping in $18.5m more to Sovereign Metals to advance its natural rutile and graphite deposit, Kaysia, in Malawi (Capital Brief)

• Soul Patts backed New Hope came out with a $300m convertible raising for “balance sheet flexibility” (AFR)

• Vale has selected veteran mining executive Shaun Usmar to take the helm of its base metals division (Bloomberg)

• A Supreme Court judge backed claims by CITIC that mining op’s in WA employing ~3,000 people are at risk in its battle with Clive Palmer (AFR)

• South Africa's Impala Platinum on Wednesday said a strike at its Bafokeng operations had ended nearly a week after it started (Reuters)

• The LME is suspending deliveries of nickel from a plant in Finland owned by Russia’s Norilsk Nickel, a result of sanctions (Bloomberg)

• Antofagasta has kicked off work to install a 2^nd concentrator at its Centinela copper mine, which will add 144kt a year (Mining.com)

• Gold miner Endeavour Mining rode a rally in precious metals to earn a place in the UK blue-chip index, the FTSE100 (Bloomberg)

• Glencore has abandoned plans to sell its stake in Kazakh miner Kazzinc after potential buyers failed to match expectations (Bloomberg)

• FIRB has approved Cyan’s proposed takeover of MMA Offshore, though many shareholders remain unhappy with the deal value (MRM)

• Provident edges to 44% of Sihayo as some shareholders accept while still waiting for the Target’s statement (SIH)

• New Hope is raising $300m via a convertible note offering., paying 4.25% pa for “increased financial flexibility” (NHC)

• West African has received commitments for $150m from its capital raising (WAF)

• Larvotto Resources, focussed on bringing Hillgrove back into production, is in a trading halt for a capital raising (LRV)

• Latitude 66 (previously DiscoverEx) commences trading today following the backdoor listing of its Finland exploration project (LAT)

• FMR Resources has relisted with a focus on its Fairfield copper project in Canada (FMR)

• Jindalee has received firm commitments of $4.1m, while seeking up to $6.7m via a combo of placement, entitlement and con notes (JLL)

• At some stage we’ll actually talk about different companies in this column but for now it appears we are obsessed with Ramelius

• Are there synergies for Ramelius trucking their low-grade stockpiles from Mt Magnet to the Dalgaranga mill (~100km by road)?

• Maybe it makes sense or maybe it doesn’t but there’s Spartan’s mill filled and who knows what blend of ore will maximise recoveries…

• India asked power companies to order equipment worth $33b to fast-track capacity additions of coal-fired power in the years ahead (Reuters)

• Nuclear power shouldn’t be ruled out as part of Australia’s energy mix, given it cost similarities to wind, according to the operator of one of the country’s largest power generators (The Australian)

• For those with a spare 41 minutes, here’s an old video of the construction of BHP’s Goonyella Riverside, thanks to @Realhagetaka

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All information in this newsletter is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine are not financial professionals. Money of Mine are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional, along with considering any relevant Product Disclosure Statement. Money of Mine does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. Money of Mine strives to ensure the accuracy and currency of the information contained in this newsletter but we do not make any representation or warranty that it is accurate, reliable or up to date. Any views expressed by the hosts of Money of Mine are their opinion only and may contain forward looking statements that may not eventuate. Money of Mine will not accept any liability whatsoever for any direct, indirect, consequential or other loss arising from any use of information in this newsletter.