The global energy transition may be eclipsed by a critical minerals supply-demand imbalance — unless alternatives are found, experts say.

Sibanye is currently awaiting a decision on appeals against an environmental permit it received for the Rapasaari mine and concentrator, part of the Keliber lithium project.

The company has only sufficient working capital to around mid-December 2023.

Auto industry expanding efforts to cut rare earth EV use

Both sides are expected to announce a joint initiative when Presidents Joe Biden and Joko Widodo meet on Monday.

The agreed rules set targets for the region to mine 10% of the critical raw materials it consumes, such as lithium, and for the first time copper and nickel.