MINING.COM MINUTE: Biggest stories of the week
Freeport to expand US copper mines as Biden moves to electrify the nation; Minnesota court hands victory to PolyMet copper-nickel project; Sibanye-Stillwater to invest in European lithium company.
Freeport to expand US copper mines as Biden moves to electrify the nation; Minnesota court hands victory to PolyMet copper-nickel project; Sibanye-Stillwater to invest in European lithium company.
Tesla CEO said that the company is shifting some cars to a type of battery that uses iron instead.
Base and battery metals exploration and development assets in North America that are on investors’ radar screens.
Key moves in the mining sector.
Company could soon greenlight expansions at three mines in the US Southwest, adding more than 250 billion pounds of copper each year to US output.
The project is led by Everledger, HP, Call2Recycle and Fairphone.
Underlying dynamics suggest it isn’t going to be a repeat of the epic China-led boom at the start of this century.
The miner has earmarked almost all the proceeds from a $1.5 billion equity offering to expand its lithium capacity.
BMI says the combination of natural resources and a highly skilled workforce should help developing a sustainable value chain for battery materials.
Adamas Intelligence reports that EV registrations grew by 58% year-on-year in the second half of 2020 and, with them, battery metals deployment.