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Triton Minerals Making Progress Funding Nicanda Hill Development

The good news keeps rolling in for Australia's Triton Minerals. The company announced Monday that it's completed a $12-million private placement with a Hong Kong cornerstone investor, as well as institutional groups and "sophisticated investors." To raise the money, the company issued 34.3 million ordinary shares priced at $0.35 each. According to Triton, the single-tranche placement was oversubscribed.

Tesla Batteries Already ‘Sold Out’ Through Mid-2016

During Tesla Motors' Q1 conference call on Wednesday, there was still plenty of excitement over the company's recent announcement of its new suite of rechargeable batteries. CEO Elon Musk stated that response to the battery announcement has been "crazy off the hook," with 38,000 reservations for the Powerwall and 2,500 reservations for the higher-capacity Powerpack.

What Does the Tesla Battery Announcement Mean for Lithium, Graphite and Cobalt?

Tesla Motors has announced the details of its new line of residential and business-scale rechargeable batteries. Resource Investing News spoke with Simon Moores of Benchmark Mineral Intelligence to get a bit more insight into what the news could mean for the lithium, graphite and cobalt sectors.