The 10-year debt facility will go toward expanding mining and processing at the Pilgangoora project.

A growing number of member states of the ISA have called for a “precautionary pause” or moratorium on mining due to the lack of scientific data on fragile and biodiverse deep ocean ecosystems targeted for exploitation.

Nouveau Monde intends to use the funds to update the July 2022 feasibility study for its phase 2 commercial integrated operation.

Robert Bosch plans to use more than twenty of IBM’s quantum computers to help identify alternatives to the metals and rare earth elements currently used in EVs.

Magna is exploring the restart of a past-producing underground mine and adding an open-pit operation to the site, also known as Crean Hill.

Both the EU and Kazakhstan have committed to develop a roadmap for 2023-2024, with concrete joint actions agreed within six months of the signature of the partnership.

More than $13 billion of investment in battery raw material production and battery and EV manufacturing has been announced in the less than three months since Biden signed the IRA into law.

Fortescue Metals executive chairman Andrew Forrest is the first prominent mining executive to speak out against the nascent industry.