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

Despite the pullback in iron ore and copper prices, the MINING.COM TOP 50 ranking of the world’s most valuable miners made strong gains at the end of the year.

The device is known as a photoelectrochemical cell and it is made of copper oxide, or cuprous oxide, a promising artificial photosynthesis material.

The Canadian miner said its Kamoa-Kakula complex produced 105,884 tonnes of copper concentrate last year, topping guidance.

It will initially invest $40 million in the Kabanga project, regarded as the world’s largest development-ready, high-grade nickel sulphide deposit.

Peru’s Ministry of Energy and Mines said regional and local governments saw a 60% increase in mining tax revenues in 2021.