Monday, 20 January 2025

Focus on Critical Minerals

Over 50 African leaders and UN Secretary General Antonio Guterres are attending this week's China Africa forum, state media has said (POOL)
Critical MineralsEconomyMiningNewsPoliticsRailTrade

China eyes mining and energy with $50bn financing for Africa

Xi Jinping pledges $50bn of financing for Africa as China extends help with infrastructure in resource-rich parts of the continent.

FILE PHOTO: The logo for Google is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
Critical MineralsEmissionsNews

Global data center industry to emit 2.5 billion tons of CO2 through 2030: Morgan Stanley

Data center growth will add 2.5 billion metric tons of CO2 emissions by 2030, spurring investments in decarbonization solutions.

FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
BusinessCritical MineralsFinanceNews

Goldman temporarily suspends zinc coverage

Goldman Sachs has suspended covering zinc markets "for the moment", citing "restricted capacity" following the departure of the sector lead earlier this year.

The Teck Resources logo is seen on a podium before the company's special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. THE CANADIAN PRESS/Darryl Dyck
BusinessCoalCritical MineralsManufacturingNews

Teck Resources announces new business structure after exiting coal

The company says it now has two regional business units, one for North America and one for Latin America.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsNewsTransport

GM, Lithium Americas agree to delay $330 million investment in Thacker Pass

General Motors has delayed the second tranche of investment in Thacker Pass, worth $330m, Lithium Americas said on Friday

FILE PHOTO: A brine pool reflects clouds at a lithium mine in the Atacama salt flat, close to San Pedro de Atacama area, Antofagasta region, Chile May 4, 2023. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Rio Tinto, BYD and LG Energy eligible for Chilean lithium project

Major mining companies can proceed with proposals for Altoandinos lithium project, says state-run company.

FILE PHOTO: A view of the MP Materials rare earth open-pit mine in Mountain Pass, California, U.S. January 30, 2020. Picture taken January 30, 2020. REUTERS/Steve Marcus/File Photo
BusinessCritical MineralsEconomyElectionsElectric Vehicles (EVs)FinanceMineralsNewsPolitics

Wary of Trump, US minerals projects rush to close government loans

Battery and EV mineral firms hope to pay back collective $25bn in loans to US government amid fears Trump would shut down program.

FILE PHOTO: A sign of battery manufacturer CATL is pictured at its booth the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
Critical MineralsElectric Vehicles (EVs)NewsPoliticsTrade

Two Republicans want Pentagon to add Chinese battery maker CATL to restricted list

Top Republican lawmakers urge U.S. Defense Department to restrict Chinese battery maker CATL, citing ties to Beijing's military.

FILE PHOTO: A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)News

Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US

The South Korean battery maker said the joint plant aims for mass production in 2027 and annual capacity is expected to rise to...

AnalysisCritical MineralsIndigenousOpinionPolitics

Is Canada’s critical-minerals strategy a green shift or greenwashing?

Policy Options: Indigenous and remote communities will bear the long-lasting ecological, social and cultural impacts of mining. This cannot be ignored.

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