CO2 emissions from cobalt production expected to soar — report
Roskill says that cobalt production emissions are supported by increased demand from the EV sector and the dominance of nickel laterite in the supply chain.
With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.
The former superstar of rare earths mining said it has decided to put the California facility on "care and maintenance" mode by Oct. 20 due to weak prices.
Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.
As prices for the company's four key "pillar" commodities —iron ore, metallurgical coal, copper and oil and gas — have all dropped to multi-year lows in the past 12 months.
We're not in 2008 – plotting global economic growth against commodity prices shows metals and mining sell-off is disconnected from realities on the ground.