Saturday, 18 May 2024

Critical Minerals

Current investment plans could result in only 50 percent of the lithium supply needed for countries to meet their climate goals in 2035 (AFP)
ClimateCritical MineralsEconomyElectric VehiclesNewsSolarWind

IEA warns of key energy mineral shortage risk

The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment

FILE PHOTO: National Economic Council Director Lael Brainard speaks during the daily briefing at the White House in Washington, U.S., October 26, 2023. REUTERS/Ken Cedeno/File Photo
Critical MineralsEconomyElectric VehiclesNewsPoliticsTrade

White House’s Brainard says China’s exports can undermine investments in US

"China is now simply too big to play by its own rules," says White House national economic adviser Lael Brainard.

FILE PHOTO: Korean Finance Minister Choi Sang-mok speaks during a trilateral meeting with U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki on the sidelines of the IMF/G20 meetings, at the U.S. Treasury in Washington, U.S., April 17, 2024.  REUTERS/Kevin Lamarque/File Photo
Critical MineralsNewsTrade

South Korea urges better cooperation on supply chain with China

South Korea's finance minister, Choi Sang-mok, said Seoul and Beijing should seek better cooperation on the supply chain for raw materials

FILE PHOTO: The Anglo American logo is seen in Rusternburg October 5, 2015. Picture taken October 5, 2015.  REUTERS/Siphiwe Sibeko/File Photo
AnalysisBusinessCritical MineralsIn-DepthMining

Analysis: BHP’s options for Anglo American deal narrow as deadline looms

Mooted BHP Anglo deal, which has been rejected twice, could turn into a hostile takeover bid – or will the mining rivals walk...

President Joe Biden arrives to speak in the Rose Garden of the White House in Washington, Tuesday, May 14, 2024, announcing plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China. (AP Photo/Susan Walsh)
AnalysisBusinessCritical MineralsEconomyElectionsElectric VehiclesElectricityIn-DepthLabourPoliticsSolarStorageTrade

New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices

New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers.

FILE PHOTO: Apache Stronghold, a Native American group hoping to protect their sacred land from a Cooper mine in Arizona, gather outside the 9th Circuit Appeal Court in Pasadena, California,U.S., March 21, 2023.        REUTERS/Mike Blake/File Photo
CourtsCritical MineralsMiningNewsPolitics

Indigenous group to take fight against Arizona copper mine to Supreme Court

Apache Stronghold, a nonprofit group comprised of San Carlos Apache tribe members and others, says it will take its fight against Rio Tinto’s...

Anglo American wants to focus on copper mining, which rival BHP targeted the business to create a global leader in the critical mineral (AFP)
BusinessCritical MineralsMiningNews

Anglo American to split group after rejecting BHP bid

After rejected improved offer from BHP, mining giant Anglo American to split and sell off parts of business to focus on critical minerals.

FILE PHOTO: An employee holds an ingot of 99.98 percent pure platinum in a workroom during production at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander Manzyuk
Critical MineralsElectric VehiclesEmissionsNews

Weaker supply will drive platinum deficit higher than expected in 2024

The global platinum deficit in 2024 will be deeper than previously expected due to lower supply from mines in South Africa and Russia

FILE PHOTO: Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveCritical MineralsElectric VehiclesMineralsNewsTransport

South Korea welcomes US decision to extend use of Chinese graphite in EVs

South Korea welcomed a US decision to extend automakers' eligibility for EV tax credits for cars containing Chinese graphite through 2026

FILE PHOTO: Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveCritical MineralsElectric VehiclesNews

Automakers win extension on use of Chinese graphite in EV tax credits

The U.S. Treasury Department said automakers have until 2027 to remove hard-to-trace minerals like graphite contained in anode materials.