PetroChina to start metals trading, eyeing energy transition
In addition to lithium and copper, the new PetroChina unit may also look to trade nickel.
The Pebble Partnership has approved US$91 million of program expenditures this year with the objective of completing a prefeasibility study next year, which will lead to the beginning of permitting for the massive Alaskan copper, gold and molybdenum project under the National Environmental Policy Act (NEPA).
Activities to be undertaken this year at the Pebble Project include engineering to complete a pre-feasibility project design in 2011, as well as environmental studies to finalize an Environmental Baseline Document in preparation for project permitting.