$2.1 Trillion Needed by 2050 to Meet Raw Material DemandBy 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
Musk's Lithium Nightmare? Russia and Bolivia’s $970 Million Deal Could Shake Up the Market!Russia's state nuclear company subsidiary Uranium One Group will partner with Bolivia to build a lithium carbonate plant.
Canadian Mining Giant Bets Big: $3.5 Billion Copper Investment Shakes Up ArgentinaFirst Quantum Minerals is investing $3.5 billion in Argentina's Taca Taca copper project, spurred by the suspension of the Cobre Panamá mine.
Goldman Sachs: China's Economic Slump Could Push Copper Prices Down to $5,000 Next YearGoldman Sachs has revised its forecast for copper prices next year, citing weak demand due to China's economic slowdown.
GM Hits Pause on Major Lithium Project Amid Trump ConcernsGM postponed its $330 million investment in Lithium Americas' Thacker Pass project due to Trump’s potential re-election concerns.
Indonesia's Big Push for U.S. Investment Revealed—Here’s What You Need to KnowIndonesia seeks U.S. investment in its copper industry and other projects to enhance resource value and strengthen mineral cooperation.
First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine ShutdownFirst Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million.
South Korea-Cuba Mineral Deal Threatened by U.S. Helms-Burton LawAs South Korea and Cuba explore mineral cooperation, concerns about the Helms-Burton Act may disrupt business, similar to Panasonic's issues.
China’s Secret Copper Obsession: Why the World’s Top Consumer is Hoarding More Than EverChina's copper consumption surged 4.6% in 2022, driven by energy transition goals. Demand is rising in EVs and renewable energy.
World's Largest Uranium Deposit 'Declared a National Park'—Lawsuits and Legal Battles FollowERA has filed a lawsuit against the Australian government after their lease renewal request for a major uranium mine was rejected.
Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy SupportCopper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases.
Montana Faces Economic Blow with Potential Mine ClosureThe Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue?The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Pennsylvania Could Supply 40% of U.S. Lithium DemandA research team at the University of Pittsburgh has suggested the possibility of large-scale lithium extraction in Pennsylvania.
Strike Alert! Canada's Second-Largest Copper Mine Faces ShutdownCanada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ...
Peru's Copper Production Dip Sparks Global Price SurgePeru, the world’s second-largest copper producer, saw a slight decrease in production in January. With the recent surge in copper prices, all eyes are on whether Peru’s production decline will have an impact. Peru’s Ministry of Energy and Mines reported on the 19th (local time) that the country’s copper production in January was about 205,375 […]
China Copper Explores Overseas Investments to Alleviate Copper Supply ConstraintsChina Copper, a subsidiary of the Aluminum Corporation of China (Chalco), is turning to overseas copper mine development to overcome the shortage of copper supply in China. Xiong Weiping, the CEO of Chalco, said in an interview with Reuters on the 11th (local time), “China Copper has launched an acquisition of overseas copper mines as […]
Pentagon Initiates Efforts to Develop Domestic Rare Earth Element SupplyThe U.S. Department of Defense is taking steps to establish a supply chain for rare earth permanent magnets to reduce dependence on China and secure its domestic supply network. Laura D. Taylor-Kale, Assistant Secretary of Industrial Policy, stated on the 11th, “We have been working to secure the supply chain for rare earth elements needed […]
Goldman Sachs Warns of Continued Downtrend in Cobalt, Lithium, and Nickel PricesGlobal investment bank Goldman Sachs has warned about the further decline in battery metal prices. Battery mineral mining companies have begun to regulate production, but the downward trend continues. On the 5th, Goldman Sachs stated in an investment note, “Although the prices of nickel, lithium, and cobalt have fallen by 60%, 80%, and 65% respectively […]
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$2.1 Trillion Needed by 2050 to Meet Raw Material Demand By 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
Musk's Lithium Nightmare? Russia and Bolivia’s $970 Million Deal Could Shake Up the Market! Russia's state nuclear company subsidiary Uranium One Group will partner with Bolivia to build a lithium carbonate plant.
Canadian Mining Giant Bets Big: $3.5 Billion Copper Investment Shakes Up Argentina First Quantum Minerals is investing $3.5 billion in Argentina's Taca Taca copper project, spurred by the suspension of the Cobre Panamá mine.
Goldman Sachs: China's Economic Slump Could Push Copper Prices Down to $5,000 Next Year Goldman Sachs has revised its forecast for copper prices next year, citing weak demand due to China's economic slowdown.
GM Hits Pause on Major Lithium Project Amid Trump Concerns GM postponed its $330 million investment in Lithium Americas' Thacker Pass project due to Trump’s potential re-election concerns.
Indonesia's Big Push for U.S. Investment Revealed—Here’s What You Need to Know Indonesia seeks U.S. investment in its copper industry and other projects to enhance resource value and strengthen mineral cooperation.
First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine Shutdown First Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million.
South Korea-Cuba Mineral Deal Threatened by U.S. Helms-Burton Law As South Korea and Cuba explore mineral cooperation, concerns about the Helms-Burton Act may disrupt business, similar to Panasonic's issues.
China’s Secret Copper Obsession: Why the World’s Top Consumer is Hoarding More Than Ever China's copper consumption surged 4.6% in 2022, driven by energy transition goals. Demand is rising in EVs and renewable energy.
World's Largest Uranium Deposit 'Declared a National Park'—Lawsuits and Legal Battles Follow ERA has filed a lawsuit against the Australian government after their lease renewal request for a major uranium mine was rejected.
Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy Support Copper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases.
Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue? The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Pennsylvania Could Supply 40% of U.S. Lithium Demand A research team at the University of Pittsburgh has suggested the possibility of large-scale lithium extraction in Pennsylvania.
Strike Alert! Canada's Second-Largest Copper Mine Faces Shutdown Canada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ...
Peru's Copper Production Dip Sparks Global Price Surge Peru, the world’s second-largest copper producer, saw a slight decrease in production in January. With the recent surge in copper prices, all eyes are on whether Peru’s production decline will have an impact. Peru’s Ministry of Energy and Mines reported on the 19th (local time) that the country’s copper production in January was about 205,375 […]
China Copper Explores Overseas Investments to Alleviate Copper Supply Constraints China Copper, a subsidiary of the Aluminum Corporation of China (Chalco), is turning to overseas copper mine development to overcome the shortage of copper supply in China. Xiong Weiping, the CEO of Chalco, said in an interview with Reuters on the 11th (local time), “China Copper has launched an acquisition of overseas copper mines as […]
Pentagon Initiates Efforts to Develop Domestic Rare Earth Element Supply The U.S. Department of Defense is taking steps to establish a supply chain for rare earth permanent magnets to reduce dependence on China and secure its domestic supply network. Laura D. Taylor-Kale, Assistant Secretary of Industrial Policy, stated on the 11th, “We have been working to secure the supply chain for rare earth elements needed […]
Goldman Sachs Warns of Continued Downtrend in Cobalt, Lithium, and Nickel Prices Global investment bank Goldman Sachs has warned about the further decline in battery metal prices. Battery mineral mining companies have begun to regulate production, but the downward trend continues. On the 5th, Goldman Sachs stated in an investment note, “Although the prices of nickel, lithium, and cobalt have fallen by 60%, 80%, and 65% respectively […]
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