A Greenpeace report states that coal-fired plants operated by Eskom account for five of the world’s 10 biggest single-source nitrogen-dioxide emission sites.
Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.
While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus.
The ability to produce lithium directly from oil field brines, especially in regions like Alberta, where lithium is pervasive in major formations, could help meet the growing demand for lithium.
