New report shows US spending on electrified transport peaked in 2018 with Tesla Model 3 launch. Europe’s spending in 2020 was 4 times larger, surpassing China.
Fire at Vale iron ore terminal could cut shipments by 32m tonnes; China’s imports of Australian copper ore plunged to zero; Kabanga, Tanzania to develop world’s largest nickel deposit
Analysts say any slowdown effects in the mining sector will be offset by Biden’s plans to support domestic production of metals used in EVs, solar panels and green technologies.