Nigeria seeks to tighten rules to curb raw mineral exports

The former head of South Africa’s National Treasury has been tasked with cleaning up a scandal-dogged company that’s contemplating partnering a Chinese battery maker.

Industry executives are calling for a national strategy to speed that development by fast-tracking mine permitting.

The proposal would sharply reduce the length of mining concessions to 15 from 50 years.

The deal will likely be similar to an agreement the US signed with Japan this week.

Negotiators from EU countries and the European Parliament are meeting to reach a deal on how fast to expand renewable energy sources this decade.

South Africa is often seen as a test case for developing nations seeking to cut emissions and develop a greener economy.

Costs for key decarbonization technologies, such as renewable energy and electric vehicles, have declined significantly over the past decade.

The new HPAL projects, and the surge of inexpensive metal from a country whose deposits have long been unloved by major producers, could push the market into oversupply.

EVs that use materials that have been collected or processed in Japan will be eligible for incentives under the IRA.