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...“The same way we have been doing it for all these years for bulk minerals like copper and coal, we will be doing it for critical minerals.”...
...He said China had already registered five mineral-rich ocean sites with the ISA, which the US cannot join unless it ratifies Unclos....
...M23 is one of about 100 armed groups operating in eastern DRC, a strategically important and mineral-rich region that has been beset by conflict for decades....
...Glencore-backed Horizonte Minerals has failed to secure financing to complete its nickel mine in Brazil after costs rose and investor concern grew that Indonesia is flooding the market for the EV battery...
...Weir said the price of critical minerals has started to rise, and saw future shortfalls in copper, which is used in electrification; aluminium, which features heavily in green technologies; and zinc, which...
...A site close to Kruger National Park in South Africa is becoming a testing ground for US attempts to fight China’s global dominance in critical minerals....
...London-listed Horizonte Minerals revealed that the total cost to build its Araguaia nickel mine would increase to $1bn, up from the previous estimate of $537mn....
...Glencore-backed Horizonte Minerals has failed to secure financing to complete its nickel mine in Brazil following soaring costs and rising investor concern that Indonesia is flooding the market for the electric...
...The strategic significance of Australia’s critical minerals strategy has come into focus as lithium and nickel prices have also suffered a sharp decline....
...Decades of inaction in policymaking to ensure access to critical minerals has left the UK vulnerable to China’s dominance of raw materials, a cross-party group of MPs warned on Friday....
...Australian government has added nickel to a list of commodities eligible for support from a A$6bn (US$3.9bn) stimulus fund, extending a lifeline to the ailing industry as falling prices hit producers of the mineral...
...But rich deposits of minerals critical to the energy transition are likely to drive miners and regulators forward....
...Shares in First Quantum Minerals have plunged as much as 28 per cent after Panama’s government pledged a public referendum on a deal struck with the Canadian mining group following a week of protests....
...“But we don’t have all the kinds of minerals that we need for our future initiatives.”...
...Menell’s concern about critical mineral supply has since become mainstream among western governments....
...These minerals power modern life and if China pulls the plug, we will all pay the price.” The UK published its first critical minerals strategy in July 2022, followed by a “refresh” earlier this year....
...Glencore-backed nickel miner Horizonte Minerals has warned it needs another financial injection after reporting a more than doubling in the cost to build its flagship project in Brazil....
...In late November the court voided the 20-year concession for Canada’s First Quantum Minerals, while the government, which faces elections next May, said it would shut the site and lawmakers banned all future...
...First Quantum Minerals took a majority stake in the project in 2013, and the mine now accounts for about half of its annual production....
...Anglo American’s shares suffered their biggest one-day fall since the financial crisis in 2008 after the company revealed plans to slash mineral production to cut costs and boost profitability....
...In the global fight against climate change, demand for critical minerals has become a significant factor....
...Congo has remained desperately poor since independence in 1960 despite sitting on some of the continent’s richest mineral reserves, including many of the critical minerals needed for the global transition...
...With the world’s largest reserves of the mineral, it commands a market share of more than 50 per cent....
...Critical minerals are hot Everyone in green tech is obsessed with the periodic table these days: extensive sources of minerals such as lithium and nickel are needed to make renewable energy fly....
...Chris Ellison, who controls A$12bn ($8bn) miner Mineral Resources and is a shareholder in Azure, said this month that SQM’s bid looked “dead in the water”....
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