Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.
According to Bain & Company, lithium-ion batteries will remain dominant for the foreseeable future.
Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to the widely used lithium-ion technology.
The company plans to complete a definitive feasibility study for the expanded copper project by the end of 2025.
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