UN at COP26: “Enough of mining…we are digging our own graves”
It did not take long for COP26 to turn into a farce with UN Secretary General António Guterres pleading with the gathered highnesses and excellencies to declare enough is enough.
It did not take long for COP26 to turn into a farce with UN Secretary General António Guterres pleading with the gathered highnesses and excellencies to declare enough is enough.
It increased its cash-scrip offer by nearly 11% to A62 cents, trumping Gold Road's all-cash A56c per share bid.
Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials.
The Chinese firm will provide battery grade lithium hydroxide products to the electric vehicle maker from 2022 to 2024.
Canada is the only Western nation that has an abundance of cobalt, graphite, lithium, and nickel, essential to creating the batteries and EVs of the future.
EV battery costs were approaching parity with gas-powered cars, but Benchmark believes decline may be at an end as lithium prices surge 313% in a year and cobalt, nickel prices jump.
While Vale produced more than analysts expected last quarter as part of an ongoing recovery from a 2019 tailings dam disaster, sales lagged production.
High prices for coal and other commodities are helping miners despite lower production in some cases.
The global race to carbon neutrality is a double-edged sword for the metals and mining sector, writes Andy Home.
Key moves in the mining sector.