BHP mega bid and $10,000 copper expose mining’s biggest problem
The biggest producers all want to increase copper output to take advantage of rising demand for electric vehicles, grid infrastructure and data centers.
The biggest producers all want to increase copper output to take advantage of rising demand for electric vehicles, grid infrastructure and data centers.
Movener, which aims to transform traditional trucks into hybrid-electric vehicles, is the first Chilean company in SQM’s venture portfolio.
CRU, a metals consultant, sees demand increasing about 40% by 2050 even if cleaner technologies aren’t rolled out aggressively.
It's especially interested in nickel, cobalt, zinc and other metals, provided the government guarantees a stable business environment.
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Nickel has rallied hard this month, clawing back some of the territory lost during its price slide in 2023.
A method developed at the Pacific Northwest National Laboratory selectively recovers manganese, magnesium, dysprosium, and neodymium from spent electronics.
Mining at the SLN unit has now been suspended since mid-April.
Africa's top oil producer, which is also rich in lithium, gold and limestone, will grant mining licences to only companies that process their minerals locally after toughening licensing rules for foreign companies last year.
The filing of a resource estimate in November qualified Power Nickel for 30% more in the project to conclude the earn-in agreement.