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.
In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery metal.
The Future Minerals Forum recently heard Saudi Arabia is looking to invest its massive capital potential to not only develop its industry, from exploration to downstream battery metal processing.