Musk puts $14 trillion price tag on sticking by fossil fuels
At peak levels, the world would need to dig up 3.3 gigatons of earth every year to obtain the necessary metals.
At peak levels, the world would need to dig up 3.3 gigatons of earth every year to obtain the necessary metals.
The company owns the Julimar nickel project, one of the biggest nickel sulphide finds in recent years.
Researchers are studying nature's nickel-iron hydrogenase enzyme, which produces hydrogen by employing the earth-abundant metals in its core.
BHP's Xplor accelerator program is currently supporting seven copper and nickel projects for the six months to June.
Margin requirements for copper and aluminum will be lowered from 12% to 9%.
Overall, the Australian government is painting a strong outlook for commodity export volumes, but a soft outcome for prices.
The Metals Company expect to file an application in H2 2023 and to receive a mining license in 2024.
CEO Gary Nagle said Glencore's offer creates better value for shareholders all around than the one Teck is currently proposing.
The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said.
Rising demand for EVs is encouraging automakers such as Tesla, Volkswagen and Stellantis to step up efforts to secure raw materials.