A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.
Global revenue from mining copper, cobalt, lithium and nickel could reach $16 trillion in current dollar terms over the next quarter century, says IMF.
Last month, Redwood Materials flipped the switch on its first commercial-scale line producing a fine black powder essential to electric vehicle batteries.