Surging demand and prices for commodities including platinum-group metals, iron ore, manganese and coal are generating record mining-company profits and bolstering government revenue.
The Pacific island nation has notified a United Nations body of plans to start deep-sea mining, giving the International Seabed Authority two years to complete long-running talks on rules governing the new and controversial industry.
BloombergNEF turns super bullish about metals demand for batteries – ups forecast 35% to 2.7 terawatt hours per year by 2030 as electric cars take off.
MINING.COM’s tracker of the value of battery metals in newly sold electric cars surges from pandemic lows, hitting third best month on record as lithium prices continue to rally.
“We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials.”
MINING.COM’s tracker of the value of battery metals in newly sold electric cars sets new monthly record despite retreat in nickel, cobalt prices and declining per vehicle usage.