African Rainbow Minerals pivots to chrome and copper after platinum price slump
The basket price of PGMs fell about 40% last year and the slide has continued into 2024.
The basket price of PGMs fell about 40% last year and the slide has continued into 2024.
The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco's annual output.
This funding will support the development of a circular economy for rare earth elements for permanent magnets and the recycling of graphite.
Tianqi argued that the joint venture between SQM and Codelco should be submitted to shareholder approval.
For Trafigura, the deal represents the latest step in a push into iron ore trading.
The land acquisition follows the Canadian government’s receive approval of an amendment to the Sahtú Land Use Plan.
It has confirmed Kasiya's natural graphite presents a low-cost opportunity to develop lithium-ion battery supply chains outside of China.
The International Energy Agency estimates an extra $800 billion of investment in new mining projects is needed by 2040 to meet the 1.5 °C target.
A new copper supercycle is emerging, built on several rising geopolitical and market trends.
The new policy would involve setting a price floor for certain projects, according to POLITICO.