Australia expands list of critical minerals key to transition
Australia added fluorine, molybdenum, arsenic, selenium and tellurium to the list of minerals that it regards as essential to modern technologies.
Australia added fluorine, molybdenum, arsenic, selenium and tellurium to the list of minerals that it regards as essential to modern technologies.
Gold blasted higher this week after a major dovish surprise from the Federal Open Market Committee.
With monetary loosening now definitively on the agenda, gold traders will be watching for the return of big-money investors.
The gold mine is expected to start ramping up production in 2024, achieving 400,000 ounces per year in 2028.
A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs.
Some analysts argued that gold’s surge to a fresh record high was overdone.
CSIRO researchers show that accelerated transition is needed across the economy if the island nation is to meet the goal of net zero before 2050.
The Canadian miner issued a communiqué informing employees that it is uncertain how many people will be able to continue working at the operation.
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Jorge Rivera has been named the replacement.