Australia cobalt sector set for long-term growth – report
Fitch forecasts Australia's cobalt sector to experience 5.3% average growth between 2021-2029.
Fitch forecasts Australia's cobalt sector to experience 5.3% average growth between 2021-2029.
The company will now start repaying the loan, secured by Rusal's 27.8% stake in Norilsk Nickel , from 2024.
New resource exploitation industries need new frameworks for governance, the World Economic Forum reports.
Nova is buying a 2.4% NSR royalty on a portion of the Twin Metals project, its first in the US.
Toronto-based company will begin a 17,500-metre drill program this month at its Kaukua South discovery in Finland aimed at delineating an initial resource.
Only aluminum is showing a similar movement but there is no sign of China having any import appetite for the other base metals.
The contract extends to Glencore’s Australian copper and zinc operations, effective January 2021.
The danger for the Arctic is “out of sight, out of mind.”
The company also reported a record net loss of 60.2 billion yen ($583 million) for the first half of its financial year.
The plan, which covers the period from 2021 to 2035, will also see battery-electric vehicles dominating new vehicle sales by 2035.