South African government role in mining rattles nerves

The world’s second-largest steelmaker said further steps are contingent on favourable policy, technological progress, and market conditions.

Value of the graphite, lithium, nickel, cobalt and magnesium contained in EV batteries is up 38% from the lows struck in January.

The resource estimate outlines 44.2 million inferred tonnes grading 0.3% copper and 0.24% nickel.

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.