Chinese investors plan $2.83 billion metals park in Zimbabwe
Battery-metals park that will process metals including lithium, platinum, and nickel, its latest plan to revive its moribund economy.
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Democrats imperil White House plan to wean US off Russian uranium
Russia accounted for 16.5% of the uranium imported into the US in 2020.
Mining People: AME, Archer Exploration, Mawson Gold, Sigma Lithium
Key moves in the mining sector.
New process allows producing metal oxides key for green energy transition
A new materials design strategy produces copper-based metal oxides that perform efficiently under high temperatures.
Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid
It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill.
Glencore eyes adding lithium to trading business — report
Glencore does not own lithium mines, but has invested heavily in the business of recycling the battery metal this year.
Australia approves $34 million in funding for critical minerals projects
Alpha HPA and Cobalt Blue will get about A$15 million each to set up an ultra-pure aluminum chemical plant and a cobalt project, respectively.
Decarbonizing iron ore and steel industry by 2050 requires $1.4 trillion investment — report
To stay in line with the Paris Climate Agreement, requires revolution across every stage of the value chain.
Electric vehicles could be Canada’s new economic engine — report
Domestic EV battery supply chain could support up to 250,000 jobs by 2030 and add C$48 billion to the economy annually, say Clean Energy Canada and the Trillium Network for Advanced Manufacturing.