Nickel demand for EVs expected to shoot up over next 20 years
A report commissioned by the European Union forecasts nickel demand to grow globally by 2.6Mt Ni to 2040, up from only 92kt Ni in 2020.
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World’s largest battery to be built in Australia coal-mining hub
Big batteries will play a major role in filling the gaps left by the gradual retirement of coal and gas-fired generation assets.
As Glencore leaves Colombia, the country starts its energy transition
The same week Glencore said it will abandon its coal mining interests in Colombia amid dropping profits, the country launched a proposal for its first battery storage system.
Active, abandoned coal mines emit more methane than previously thought
Methane is 25 times more powerful than carbon dioxide when it comes to warming the planet.
Trudeau eyes ‘leaps forward’ in integration with US on EVs, critical minerals
General Motors, Ford Motor and Stellantis have all announced plans to manufacture electric vehicles in Canada.
BHP, Vale’s disaster relief fund to increase spending by 25% in 2021
The Renova Foundation will spend $1 billion this year.
US likely to reverse Gertler’s sanctions reprieve
The US sanctioned Gertler and his companies in 2017 for allegedly corrupt mining and oil deals in the DRC.
US mining M&A deals total $1.74bn in Q4 – report
This value marked a decrease of 50.1% over the previous quarter.
Want to see a real short squeeze? Come to the tin market
Stocks are nearly depleted, the contract is experiencing unprecedented degrees of technical tightness and the tin price is punching out seven-year highs.
