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.
MINING.COM’s EV Metal Index surged to just under $27 billion in 2022 thanks to surging lithium and nickel prices, but January saw a 50% month-on-month drop.
Washington’s message at the CERAWeek energy conference in Houston reflects growing concern that the rapid investment it is encouraging to fight climate change could backfire.