Sandvik expects bigger market for battery-driven mining gear in 2-3 years
With an electrification boom looming, Sandvik could sell more electric than diesel-driven underground mining kit in 10 years.
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Indonesia tin miner Timah says meets rules, good practices
Tin deposits in the mining hub of Bangka-Belitung have been heavily exploited on land, leaving parts of the islands off the southeast coast of Sumatra island resembling a lunar landscape.
Australia faces climate pressure with EU carbon tariff threat – study
Australia has refused to match commitments by the US, UK and other countries targeting net zero emissions by 2050.
Process for extracting lithium from seawater may be better suited for brine from continental sources
Roskill published an analysis with its view on the study that claims to have found an economically viable system to extract high-purity lithium from seawater.
Electric vehicles a $7 trillion market opportunity to 2030 – report
BloombergNEF forecasts global sales of zero-emission cars rising to 70% of the market by 2040, thus making demand for battery metals soar.
Investors with $41 trillion urge G7 to end support for fossil fuels
A 457-member group of investors, representing an estimated 37% of all global assets under management, joined a coalition of CEOs in demanding the world’s richest nations set more ambitious emissions cut targets.
Nature-related financial risk opens new can of worms for miners
Verisk Maplecroft believes that funds and international creditors have an opportunity to drive conservation improvements by tying finance to ESG milestones.
Sky-high coal prices won’t spur new mines in a greener world
Companies remain hesitant to invest in new projects with financing difficult to come by and question marks over long-term demand.
Vale’s decomissioned Brazil dam at risk of collapse, labor body says
Engineers and technicians told the auditors that the tailings at Xingu had not been properly drained.
