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...of Sydney Airport, Afterpay, Newcrest and Oz Minerals....
...They say the electronic components companies that supply several technology, telecoms and defence companies knowingly purchase laundered minerals from Rwanda....
...EVs are still more expensive to make than petrol cars, partly because of the high cost of minerals required for their batteries....
...They continued in March this year, when Glencore chief executive Gary Nagle visited Tesla’s factory in Fremont, California, as part of a roadshow for the mining company’s annual results....
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
.../ From Mikhail Taver, Managing Partner, Taver Capital, Paphos, Cyprus...
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
...Before we were talking about the military, telecommunications, now we’re talking about critical minerals, energy,” she said....
...Smart reads Gambling on the future Anglo American is betting $9bn on a fertiliser mineral for which there is currently little demand, in a high-stakes strategic shift from coal mining to helping stave off...
...These include catering, alcoholic drinks, confectionery, crisps and savoury snacks, hot food, sports drinks, hot takeaways, ice cream, soft drinks and mineral water....
...A version of this article was first published by Nikkei Asia on September 18. ©2023 Nikkei Inc. All rights reserved....
...Straubel established Redwood Materials in 2017 to reshape the supply chain for electric vehicles by recycling the materials in batteries and reducing the need to mine for more of the minerals the industry...
...The deal, which creates a company projected to be the industry’s third-largest producer by 2027, comes as the US and Australia step up efforts to cut reliance on China’s supply of critical minerals....
...The US Inflation Reduction Act offers billions of dollars in tax credits to battery companies only if a certain percentage of the value of critical minerals contained in their products is processed or extracted...
...Still, BBVA and Bank of Cyprus have jumped back into the market for Additional Tier 1 bonds (aka Cocos or AT1s)....
...But Amyris had also branched out into being an incubator for beauty start-ups including Rose Inc, Costa Brazil and JVN hair care, and it proved too huge a leap from developing molecules to developing brands...
...commodities such as minerals, grain and oil....
...The Toronto Stock Exchange has called on Canada’s government to do more to replace lost capital after Ottawa ordered three Chinese companies to divest their stakes in Canadian producers of critical minerals...
...The other issue is a dire shortage of the critical minerals, such as lithium, needed to power green tech (which is an issue increasingly worrying the Biden administration, as Jennifer Harris, a former White...
...Cyprus will bring Constantinos Xydas, chief executive of Hellenic Minerals, which mines and refines nickel for electric vehicle batteries from copper ore using a less environmentally damaging process....
...A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...The vehicles must be made in the US to qualify for the full amount, and the critical minerals sourced for the batteries should be extracted or processed in a country the US has a free trade agreement with...
...Tax credits are also available for EV battery sourcing and critical minerals for Mexican companies....
...The section on Kolyma labour camps in the mineral-rich extreme north of Russia is particularly harrowing....
...There’s a lot of ecosystems and support that go all the way back to your mining of minerals . . ....
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