Australia hands out critical minerals grants
Australia is pushing to reap more value from its mineral wealth and become a leading supplier of battery chemicals.
Australia is pushing to reap more value from its mineral wealth and become a leading supplier of battery chemicals.
The bill increasing the government's take only needs the signature of President Gabriel Boric, who has publicly backed it, to become law.
Preliminary memorandums of understanding could be signed during the next four months, according to the European Commission.
A new 48 volts system slated for this year could reduce demand for copper, says Tesla CEO.
Under the EU Critical Raw Materials Act, 10% of annual needs must be mined in Europe by 2030.
South Korea’s battery giants have to date mainly focused on nickel cells and largely neglected research into iron-based cells.
The 50/50 joint venture will explore for metals considered key for the world’s energy transition in the Middle eastern country.
Demand for cobalt is set to more than double by 2030 to 388,000 tonnes.
The long-awaited and several times amended mining royalty bill is back at the lower chamber with a vote expected next week.
The country accounted for almost 5% of global production of the battery material in 2022.