Germany’s 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.
According to a recent mining industry report by Metals Economics Group (MEG), Latin American gold production should increase more than 10% in 2011. The report states that about two-thirds of Latin American production is from primary gold mines and the rest is from secondary sources, mostly copper and silver mines. Although Chile is Latin America’s fifth-largest gold producer – behind Peru, Mexico, Brazil, and Argentina – it holds the largest share of gold in active nonproducing projects equating to 29% of gold contained in resources under development. (more…)