Vehicle electrification requires 55% more copper mines by 2050 — study
To reach net zero by 2050 would require at least 194 mines or 6 new mines every year, a recent study by the IEF shows.
Latest Stories
Indonesian onslaught wipes out Australia’s nickel industry
BHP’s Nickel West suspension could mark the death knell for Australia’s nickel sector and has widespread ramifications.
Column: After another boom and bust, where next for lithium?
There was a similar boom-bust cycle in 2016-2017 but the difference this time is that no-one seems to be expecting a speedy recovery.
Polish miner found alive after more than 48 hours trapped underground
State-run news channel TVP Info reported that the miner was conscious when rescuers reached him.
Friedland warns of copper ‘crisis’ as mine costs soar
Humanity would have to mine more copper in the next 20 years than in human history to meet surging global demand on the back of the energy transition.
Botswana eyes new export route to exploit huge coal resource
The African Development Bank has agreed to finance a feasibility study for the project, at a cost of about $4 million.
Environment Canada lays five charges against Teck Coal as Glencore sale closes
The department said the charges for violations of the Fisheries Act stem from an investigation that began in March 2023, CBC reported.
Gold, silver and copper had a banner first half
Silver is up 33% year to date (July 8), gold is up 15.8%, and copper has gained 19.1%.
Lundin pitches BHP on joint bid for copper miner Filo
The move could solve fundraising needs for a neighboring project it wants to build.
