Germany Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
The BBC has a beautiful 10 image gallery about the Centerra’s Kumtor gold mine in Kyrgyzstan and the mounting political pressure to nationalize the mine.
As gold continues to rise Zero Hedge wonders if nationalization will be a self-perpetuating cycle.
“The paradox is that the fewer actual global miners in operation, the better for the price of the actual hard commodity, as less supply means lower price, means greater probability of more miners suffering the same fate, means even higher gold price and so on.”