According to IDTechEx, electrification is inevitable as is the EV industry’s focus on environmentally friendlier materials and supply chains, and safer products.

The gold miner, which gave no reason for its CEO’s departure, said CFO Daniella Dimitrov would serve as chief executive on an interim basis.

The company has significantly raised the estimated kimberlite volume at the South African asset to 2 million tonnes of kimberlitic material.

The permit satisfies one of the final conditions China’s Zijin Mining needed to acquire the junior exploration company.

The company, which expected between 380,000 and 420,000 ounces of gold for the year, produced 428,514 gold ounces at its Ecuador mine.

The miner will buy four battery electric trains to deploy in the Pilbara region of Western Australia as part of its decarbonization strategy.

Company is about to pour first gold at its Omagh mine, with production set to start at the end of the current quarter.

Tesla agrees to buy 75,000 tonnes of nickel with a nominal value of $1.5 billion from Talon Metals-Rio Tinto JV starting in 2026.