Volkswagen to invest in mines in bid to become global battery supplier
Europe's biggest carmaker wants its battery unit PowerCo to become a global battery supplier.
Europe's biggest carmaker wants its battery unit PowerCo to become a global battery supplier.
UK Seabed Resources holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone.
Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year.
The investors service maintained its 12-month price assumptions and medium-term sensitivity ranges for all commodities except coal.
That marked the highest output for the two months since at least 2015.
The company has approached Mark Cutifani about becoming chair of the base metals business
Chinese state shipbuilding company says mining the seabed will help the country reduce “heavy reliance on foreign suppliers” of critical minerals.
The company posted a record profit of $434 million for 2022.
Svetlana Kabanova, who ran operations for Trafigura’s metals trading unit, is leaving the company.
Electra launched its black mass demonstration plant at the end of December 2022.