At international deep sea mining meeting, debate moves behind closed doors
The ISA cut a livestream of its members negotiations and retreated behind closed doors in an attempt to resolve a dilemma the could determine the fate of the deep ocean.
The partnership will support the transition toward a net-zero future by supplying Ford with materials including lithium, low-carbon aluminum and copper.
The new company is expected to coordinate procurement of imported iron ore, develop domestic iron ore resources, and oversee development of mines overseas.
The dispute arose back in 2015 after Rio and its rival BHP Group were accused of shifting billions of dollars in iron ore profits through marketing hubs in Singapore.
Tesla alone will need more than 3 terabyte hours of lithium-ion batteries by 2030, compared to the industry’s current global capacity of about 1 terabyte.