The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis.
(Bloomberg) — The Chairman of the House Africa subcommittee, Representative John James of Michigan, introduced a bill requiring the creation of a US national strategy to secure supply chains of critical minerals from Democratic Republic of Congo.
US Bill Aims to Counter China Control of Congo Critical Minerals Lire la suite »
Apple is eyeing a 2025 deadline to use 100% recycled cobalt in all Apple-designed batteries.
Also by then, the company wants the magnets in its devices to use entirely recycled rare-Earth elements, and Apple-designed printed circuit boards to use 100% recycled tin soldering and 100% recycled gold plating.
Apple Batteries to Use 100% Recycled Cobalt by 2025 Lire la suite »
The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia’s state-controlled oil giant Aramco posted a record net income of $161.1 billion for 2022, up by 46.5 percent over the year. “This is probably the highest net income ever recorded in the corporate world,” Aramco CEO Amin
Saudi oil giant Aramco posts record $161 billion profit for 2022 Lire la suite »
We hear a lot of the technological dangers to our planet – oil, gas, coal, concrete, plastics, the list goes on – but what of the technological solutions? Lithium, an unremarkable silvery grey in appearance and a harsh metallic to the taste, is a part of that conversation. In fact, if we assume that the biggest technological bottle-neck for the all-electric transition is batteries, you could say it’s the most important part of it.
Who will win the lithium race? Lire la suite »
Glencore’s profits more than doubled to a record in the first half of the year, cementing the group’s status as one of the biggest winners from the turmoil in commodity markets unleashed by the war in Ukraine.
Glencore posts record $18.9bn profit as coal enjoys a renaissance Lire la suite »
Global mining personality and financier Robert Friedland has singled out Africa and the Arabian Shield as the venues where the world’s future-facing minerals and metals will be responsibly produced.
Robert Friedland: ‘World economy can’t change unless we develop a lot more mines’ Lire la suite »
The global copper industry needs to spend more than $100 billion to build mines able to close what could be an annual supply deficit of 4.7 million tonnes by 2030, Erik Heimlich, head of base metals supply at CRU said this week.
Miners need to invest over $100 billion to meet copper demand Lire la suite »
The energy transition is seen as marking a shift away from the “bad old” habits of the fossil fuel industry, but accessing the strategic resources pose their own often-overlooked problems.
Kinshasa’s hopes and the coming cobalt crunch Lire la suite »
The energy transition is in full swing, with electric vehicles supplanting gas guzzlers and solar panels and wind turbines replacing coal and oil as the world’s leading energy sources. The energy transition is driving the next commodity supercycle, with immense prospects for metals producers, technology manufacturers, and energy traders and investors.
The Commodities Driving The $173 Trillion Global Energy Transition Lire la suite »
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