Today, the gap between ambition and action is greater than ever, and the part that companies involved in the industry will be required to play, remains hazy at best, says WoodMac.
In the past two weeks, two other Chinese companies have both announced plans to produce 40,000 tonnes per year of matte in Indonesia.
Despite the covid-19 pandemic, the mining equipment industry began growing in the second half of 2020.
Spending was A$877 million ($618 million) in the three months to Sept. 30, up from A$666 million in the June quarter.
The Japanese automaker is announcing it will locate the plant at a site in Liberty, NC, that will begin production 2025.
Researchers at Aalto University created a new material with quantum properties that normally require rare earth compounds.
The gold project is now part of Brazil's investment partnership programme (PPI), which supports minerals and metals deemed strategic for the country.
Mining companies are scouring the globe for new deposits.
It's migrating its fleet of roughly 600 haul trucks and numerous other pieces of mining equipment to electric or hydrogen power.
BloombergNEF data show that lithium-ion battery pack prices fell 6% from 2020 to 2021 but rising commodity prices are putting pressure on the industry.