Project Blue

✨ Project Blue would like to thank CochilcoChile for partnering with us for last week’s Santiago Critical Materials Forum in Chile, and to thank all the speakers and attendees who made it such a dynamic and insightful event.   💡 It was a privilege for Project Blue’s Jessica Roberts, Jon Barnes, Ying L., David Merriman and Marcio Goto to join leading experts from government and industry—including Peru’s Ministry of Mines—to explore the latest developments in copper, lithium, rare earths, and the broader critical materials landscape.   ✅The event explored the key trends shaping supply chains and investment strategies across the region and we will be sharing some of our key takeaways from the event later this week.   To learn more about our upcoming events in Tokyo, Berlin, Johannesburg, London, Washington and Perth visit: https://lnkd.in/ehYfrv5E   #CriticalMaterials #Copper #RareEarths #Lithium #EnergyTransition #ProjectBlue #Cochilco #Mining #Santiago

𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿, 𝗧𝗶𝘃𝗮𝗻, 𝗲𝘅𝗽𝗮𝗻𝗱𝘀 𝘂𝗽𝘀𝘁𝗿𝗲𝗮𝗺 𝗳𝗹𝘂𝗼𝗿𝗶𝘁𝗲 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝘛𝘪𝘷𝘢𝘯 𝘩𝘢𝘴 𝘢𝘤𝘲𝘶𝘪𝘳𝘦𝘥 𝘵𝘩𝘦 𝘚𝘢𝘯𝘥𝘰𝘷𝘦𝘳 𝘍𝘭𝘶𝘰𝘳𝘪𝘵𝘦 𝘌𝘹𝘱𝘭𝘰𝘳𝘢𝘵𝘪𝘰𝘯 𝘗𝘳𝘰𝘫𝘦𝘤𝘵 𝘭𝘰𝘤𝘢𝘵𝘦𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘕𝘰𝘳𝘵𝘩𝘦𝘳𝘯 𝘛𝘦𝘳𝘳𝘪𝘵𝘰𝘳𝘺 𝘰𝘧 𝘈𝘶𝘴𝘵𝘳𝘢𝘭𝘪𝘢. As part of its exploration efforts, Tivan conducted initial mapping and surface sampling at the Sandover fluorite project. Preliminary results released in January 2025 from surface sampling indicated significant fluorite mineralisation, with grades reaching as high as 94% CaF2. ➡️ Project Blue provides detailed analysis and long-term forecasts for acidspar and metspar supply in our 𝗙𝗹𝘂𝗼𝗿𝗶𝗻𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 - speak to our experts to learn more: https://lnkd.in/dTZJm6_a

𝐑𝐔𝐒𝐀𝐋 𝐩𝐨𝐬𝐭𝐬 𝟏𝟖𝟓% 𝐩𝐫𝐨𝐟𝐢𝐭 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐦𝐢𝐝 𝐚𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐦𝐚𝐫𝐤𝐞𝐭 𝐯𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲 𝘙𝘶𝘴𝘴𝘪𝘢’𝘴 𝘙𝘜𝘚𝘈𝘓 𝘱𝘰𝘴𝘵𝘦𝘥 𝘢 𝘜𝘚$𝟖𝟎𝟑𝘔 𝘱𝘳𝘰𝘧𝘪𝘵 𝘪𝘯 𝘪𝘵𝘴 𝘍𝘠𝟐𝟎𝟐𝟒 𝘳𝘦𝘴𝘶𝘭𝘵𝘴, 𝘳𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘪𝘯𝘨 𝘢 𝘴𝘵𝘢𝘨𝘨𝘦𝘳𝘪𝘯𝘨 𝟏𝟖𝟓% 𝘺-𝘰-𝘺 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦 𝘥𝘶𝘦 𝘵𝘰 𝘵𝘩𝘦 𝘳𝘪𝘴𝘦 𝘪𝘯 𝘢𝘭𝘶𝘮𝘪𝘯𝘢 𝘢𝘯𝘥 𝘢𝘭𝘶𝘮𝘪𝘯𝘪𝘶𝘮 𝘱𝘳𝘪𝘤𝘦𝘴 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘺𝘦𝘢𝘳, 𝘢𝘯𝘥 𝘭𝘰𝘸𝘦𝘳 𝘤𝘰𝘴𝘵𝘴. In 2024, alumina prices rose considerably, reaching a record high of US$749/t in November. RUSAL subsequently raised its alumina production to take advantage of these higher prices, producing 6.43Mt of alumina in 2024 – a 25% rise over its 2023 output of 5.13Mt. RUSAL noted this expansion was possible following strategic investment in the Hebei Wenfeng New Materials alumina refinery. The group’s bauxite production also rose nearly 19% y-o-y to reach 13.38Mt. ➡️ Project Blue provides detailed analysis and long-term forecasts for Aluminium supply in our 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 - speak to our experts to learn more: https://lnkd.in/dTZJm6_a

📣 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲: 𝗙𝗲𝗿𝗿𝗼𝗮𝗹𝗹𝗼𝘆𝘀 𝟮𝟬𝟮𝟱 📣 Project Blue is delighted to announce our 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲: 𝗙𝗲𝗿𝗿𝗼𝗮𝗹𝗹𝗼𝘆𝘀 𝟮𝟬𝟮𝟱, taking place in September in association with Mysteel Global. 📍 @Sandton Hotel 📆 Monday 8 September - Wednesday 10 September 🌍 Johannesburg, South Africa Join us again to reconnect with industry professionals across the supply chain, strengthen your existing relationships and explore new business opportunities throughout the event. The conference presentation sessions will once again cover supply, demand and pricing trends for all major ferroalloy markets including #manganese, #chrome, #vanadium and other steel alloys with industry-leading speakers: 🔹Global steel industry dynamics 🔹Geopolitical risks and uncertainty 🔹Key trends in manganese, chrome, vanadium and other steel alloys 🔹Prospects for ferroalloy markets in China and India 🔹South Africa's role in the production of #ferroalloys 🔹And much more ... ➡️ Learn more about our 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲: 𝗙𝗲𝗿𝗿𝗼𝗮𝗹𝗹𝗼𝘆𝘀 𝟮𝟬𝟮𝟱, the speaking and sponsorship opportunities available at the event, and the registration options to join us in September: https://lnkd.in/gwSCM-fb

🔶 Ahead of CESCO Week, our global team of copper experts has completed the latest update of our 𝗖𝗼𝗽𝗽𝗲𝗿 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗲𝗿𝘃𝗶𝗰𝗲, which provides analysis and long-term forecasts for supply, demand, prices and costs. 📊 Our latest analysis includes a focus on the factors behind low #copper concentrate TC/RCs, and what the impact on the wider market would be of the US assessing copper to be a critical material. 💡 Our experts Jon Barnes and Loyce Mpangala have shared our insights in new video presentations - watch the analysis here: https://lnkd.in/g2escbqU 🌎 Project Blue's experts will be in Santiago for CESCO Week next week, meeting clients throughout the week and hosting our 𝗦𝗮𝗻𝘁𝗶𝗮𝗴𝗼 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗙𝗼𝗿𝘂𝗺 on Thursday 10 April, in association with CochilcoChile. ➡️ If you'd like to meet with our team to discuss the latest market developments and Project Blue's outlook for how the market is set to develop, please reach out here on LinkedIn to Jon Barnes, Ying L., David Merriman, Jessica Roberts and Marcio Goto. ✨ We wish a successful CESCO Week to everyone attending! #criticalmaterials #energytransition

💡 Key comments below from Project Blue's Research Manager Robert Burrell, PhD as we launch our 𝗖𝗮𝘁𝗵𝗼𝗱𝗲 𝗮𝗻𝗱 𝗣𝗿𝗲𝗰𝘂𝗿𝘀𝗼𝗿 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗲𝗿𝘃𝗶𝗰𝗲. ➡️ Speak to Robert and our global team of analysts to hear our market views and see more detail for our service: https://lnkd.in/dTZJm6_a #cathode #lithiumionbatteries

💫 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁 - 𝗟𝘂𝗸𝗲 𝗔𝗹𝗹𝘂𝗺 💫 Project Blue is delighted to announce that Luke Allum has been promoted to the role of Senior Analyst. Luke joined Project Blue in July 2022 and he focuses on #lithium and #rareearths cost analysis and consulting projects. Luke works with our global team to support our clients with investment decisions, feasibility studies and the identification of market trends. ❇️ Please join us is congratulating Luke and wishing him well in his new role!

We're delighted that our Research Director David Merriman will share Project Blue's outlook for market fundamentals and the cost landscape for the rare earth industry at 𝗥𝗘𝗜𝗔 𝗔𝗻𝗻𝘂𝗮𝗹 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 in June. ➡️ More information on the conference is below ➡️ Learn more about our 𝗥𝗮𝗿𝗲 𝗘𝗮𝗿𝘁𝗵𝘀 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗲𝗿𝘃𝗶𝗰𝗲: https://lnkd.in/dTZJm6_a #rareearths #criticalmaterials

𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝘀 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝗙𝗶𝗻𝗮𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝗧𝗵𝗮𝗰𝗸𝗲𝗿 𝗣𝗮𝘀𝘀 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 Lithium Americas and JV partner @General Motors Holdings (GMH) has announced the final investment decision (FID) for Phase 1 operations at the Thacker Pass lithium project in Nevada, USA. The positive FID will see Phase 1 construction begin at Thacker Pass with commissioning targeted for late 2027. The announcement of the FID by Lithium Americas and GMH follows the closing of a US$250M investment managed by Orion Partners, which also satisfied the outstanding fundraising requirements of the US Department of Energy’s (DoE) US$2.26Bn loan agreement closed in October 2024. 💡 Project Blue's Research Director David Merriman has broken down the details in our new insight - read more here: https://lnkd.in/eNmpBjHN ➡️ Project Blue's provides detailed analysis and long-term forecasts for lithium supply, demand, prices and costs in our 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 - speak to our experts to learn more: https://lnkd.in/dTZJm6_a #lithium #lithiumionbatteries Dominic Wells Jordan Roberts Luke Allum

✨ Valuable insights from our Head of Consulting Jessica Fung - watch the video below for more on critical materials and the defence sector: