Over 60% of critical minerals demand met through global trade: IEF
The IEF report predicts global demand for copper, nickel, cobalt, lithium and rare earths rising from 28 million tonnes in 2021 to nearly 41 million by 2040.
CHALCO pays $925M for 60% of SouthGobi Resources
In a three-way deal with Robert Friedland's Ivanhoe Mines, the Aluminum Corporation of China (CHALCO) is bidding for 60% of SouthGobi Resources' and paying $8.48 for each common share. SouthGobi announced the takeover today. Ivanhoe Mines has a lock up...
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