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.
HG Ventures and American Rare Earth LLC want to scale up the recycling of batteries, magnets and e-waste with the goal of recovering and supplying rare earth metals to the US market.
Ao Hong, a director at state-run metals group Chinalco, has been appointed chairman of a new rare earths company combining three major producers of the minerals.