BHP spent just half a day’s profit looking for copper last year
The company spent just $53 million looking for the metal last year, when it posted record profit of $37.4 billion.
The company spent just $53 million looking for the metal last year, when it posted record profit of $37.4 billion.
Redwood Materials, the battery recycling company created by Tesla co-founder J.B. Straubel, has been keeping a big secret: It isn’t really a recycling company.
The company says it’s working with industry giants including Japan’s JFE Steel and China’s HBIS Group on ways to reduce manufacturers’ carbon footprint.
CEO Mark Bristow said the company will strike a deal should an appealing one present itself, which he described as a mine that can produce 500,000 ounces of gold annually "for a long time".
Global mined zinc production will grow at the fastest pace since 2012 in 2021.
Aluminum has surged about 14% over the past three weeks as supply risks increase throughout the industry.
NASA has granted a research team from the University of Arizona $500,000 to develop robots able to mine, excavate and even build simple structures on the Moon's surface.
A broad rally in base metals markets is gathering pace, with tight supply, logistical logjams and booming demand creating an inflationary storm.
The Metals Co has exploration licenses for parts of the Pacific Ocean seabed, where it hopes to mine for cobalt, nickel, and other battery metals.
Some of the biggest mining companies are expanding into or eying commodities tied to the green revolution.