Saturday, 22 February 2025

Focus on Critical Minerals

FILE PHOTO: An industry tour group walks inside the Codelco El Teniente copper mine, the world's largest underground copper mine near Machali area, Rancagua, Chile October 15, 2020. REUTERS/Fabian Cambero
Critical MineralsEconomyMiningNewsPolitics

Chile’s president says Codelco output to grow; touts investment climate

SANTIAGO — Chilean President Gabriel Boric told a major copper industry conference last week that he expects production at state-run miner Codelco to...

Chile's Mining Minister Aurora Williams speaks during an interview with Reuters in Santiago, Chile, April 18, 2024. Reuters/Pablo Sanhueza
Critical MineralsMiningNewsPolitics

Chile’s Codelco eyeing more output, not competition with BHP: mining minister

Codelco, the world's largest copper producer and a symbol of national pride, is aiming this year to reverse two years of falling production...

BusinessCritical MineralsFinanceMineralsNews

Energy Fuels shares down 10% after announcing deal for Base Resources

TORONTO — Shares of Energy Fuels Inc. were down 10 per cent in late-morning trading after the company announced a deal to buy...

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022.  REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsMiningNews

Lower prices, stubborn costs to hit copper miners’ quarterly results

Copper mining companies expected to report decline, with average benchmark copper prices down due to concerns over demand in China and fears of...

FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
BusinessCritical MineralsEconomyFinanceMineralsNews

European firms and banks urged to boost investment in critical minerals

EU has launched an ambitious plan to accelerate production of critical minerals needed for EVs – but "no equity is being invested".

FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
Critical MineralsIndustryNews

Copper demand to boom as new tech drives power consumption

Copper consumption set to rise by 10 million metric tons, says Trafigura, as AI data centers, EVs and renewable energy cause spike in...

FILE PHOTO: The logo of Russia's mining company Norilsk Nickel (Nornickel) is seen during the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov/File Photo
BusinessCritical MineralsEmissionsMiningNews

Russia’s Nornickel to move copper plant to China, says CEO

Mining giant will build new copper production facility abroad after Russian sanctions hamper supply of crucial parts.

FILE PHOTO: A view of Albemarle lithium mine located on the Atacama salt flat is pictured, in Antofagasta region, Chile, May 4, 2023. REUTERS/Ivan Alvarado/File Photo
AnalysisBusinessClimateCritical MineralsEconomyElectric Vehicles (EVs)LegislationNewsPoliticsSolar

Which companies received tax credits under the U.S. Inflation Reduction Act?

Thirty five projects, focused on electrical grid enhancements, critical minerals, and electric vehicle components, among others, got a total of $1.93 billion in...

Critical MineralsElectric Vehicles (EVs)IndigenousMineralsNewsPolitics

Growing demand for minerals in energy transition sparks Indigenous outcry over ‘business as usual’ mining practices

About half of energy transition minerals and metal projects are located on or near the lands of Indigenous and other subsistence farmers, according...

AnalysisCoalCritical MineralsEnvironmentHydropowerIndigenousNuclear PowerOilOpinionPoliticsSolarStorageTransmissionWind

Opinion: Hydropower ruling a victory for environmental justice on Indigenous lands

Opinion: To meet its ambitious goals for the shift to clean energy, the Biden administration will need to live up to its trust...

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