BHP says Australia well placed to gain from EV metals push in US, Europe
Australia is set to benefit from the growing interest in environmentally sustainable mining , the chief of BHP Group's nickel operations said.
Australia is set to benefit from the growing interest in environmentally sustainable mining , the chief of BHP Group's nickel operations said.
The battery materials business is one of two major investment projects at BASF.
Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.
Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years.
The kingdom says it’s sitting on top of $1.3 trillion worth of untapped mineral deposits including copper, zinc, phosphates, and gold.
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S&P Global also said soaring prices of critical battery metals threaten the profit margins of suppliers and automakers.
Prices have soared to unprecedented levels as demand forecasts keep growing.
The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.