Wheaton Precious Metals’ new CEO Haytham Hodaly plans to make multi‑billion‑dollar streams, like this year’s US$4.3‑billion silver deal on BHP’s Antamina copper‑zinc mine in Peru, a roughly annual feature as the company deploys about US$4.7 billion in 2026 while keeping over US$2.5 billion in undrawn credit. Wheaton forecasts production rising from 803,000 to 1.2 million gold‑equivalent oz. between 2025 and 2030 from 22 producing assets and more than 20 development projects, with about 80% of its portfolio in the lower half of the cost curve. Newer contracts link ongoing payments to a percentage of spot prices rather than fixed escalators, modestly raising Wheaton’s unit costs but easing long‑term pressure on operators’ cash flow and balance sheets.

Captura and ElectraLith are integrating Captura’s bipolar membrane electrodialysis (BMED) stacks with ElectraLith’s direct lithium extraction and refining (DLE-R) system in two commercial-scale pilot plants targeting US lithium supply. The DLE-R process is designed to treat multiple brine resources and produce battery-grade lithium hydroxide or carbonate at purities above 99.5%, while BMED aims to cut energy use and capital cost in electrochemical separation. Captura will supply BMED stacks to ElectraLith for at least five years, with pilot commissioning planned for early 2027 to test combined performance at near-commercial scale.

Captura, a US electrochemical platform provider, and ElectraLith, a direct lithium extraction specialist, have formed a strategic partnership to commercialise ElectraLith’s DLE-R extraction-and-refining technology. The collaboration aims to deploy lower-impact, lower-cost lithium recovery using electrochemical processes rather than traditional evaporation ponds or hard‑rock routes. For project developers, the deal signals growing commercial backing for DLE flowsheets that can be integrated with brine operations to reduce surface footprint and potentially shorten time to first production.