Thursday, 23 January 2025

Focus on Minerals

FILE PHOTO: A worker processes platinum group metal (PGM) ores at a smelter complex during a visit by U.S. Deputy Treasury Secretary Wally Adeyemo at a platinum mine owned by Sibanye Stillwater, as part of his five-day visit to the country, in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisAutomotiveBusinessCritical MineralsElectric Vehicles (EVs)In-DepthMineralsTransport

Analysis: Hybrid cars throw lifeline to platinum metals

As consumers increasingly turn to hybrid cars over pure EVs, the exhaust-cleaning platinum metals rise above the expected drop in demand.

A sign stands outside metal recycler Nth Cycle, Thursday, Sept. 5, 2024, in Fairfield, Ohio. (AP Photo/Joshua A. Bickel)
Critical MineralsMineralsNews

Environment solution: New metals refinery for nickel and cobalt opens in Ohio

A new plant that can extract nickel and cobalt from scrap material opens on Monday in Ohio with the resulting metals being used...

FILE PHOTO: The logo of Orano is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, December 1, 2021. REUTERS/Benoit Tessier/File Photo
Critical MineralsEconomyNewsNuclear PowerPoliticsTrade

France’s Orano aims to enrich uranium in US in early 2030s, says executive

Orano plans to begin enriching uranium in a new U.S. plant by early 2030s, aiming to reduce reliance on Russian supplies.

FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo
Critical MineralsEconomyElectric Vehicles (EVs)ManufacturingNews

Toyota, Nissan to expand Japan’s battery production capacity, Nikkei reports

Toyota, Nissan, and others, backed by government support, will boost Japan's storage battery production by 50% with a 1 trillion yen investment.

FILE PHOTO: A view looking down into the Yellow Pine antimony-gold deposit in Idaho. Handout via US Geological Survey/File Photo
BusinessCritical MineralsEnvironmentMineralsNews

Perpetua expects US approval for antimony mine by year’s end

Perpetua Resources shares up 17% after news that final impact statement on Pentagon-backed antimony mine will be released ahead of likely approval.

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: Miguel Galuccio, Vista oil company founder and chairman, reacts during a celebration marking Vista's fifth anniversary of its stock listing at the New York Stock Exchange (NYSE), in New York City, U.S., September 3, 2024.  VISTA/Handout via REUTERS/File Photo
BusinessFuelMiningNewsOil

Vista Energy to pump more than $1bn into growing Argentina shale

Fracking in Argentina gets a boost at Vaca Muerta, the world's largest shale project in development outside the US.

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.

FILE - A uranium ore pile is the first to be mined at the Energy Fuels Inc. uranium Pinyon Plain Mine, Jan. 31, 2024, near Tusayan, Ariz. (AP Photo/Ross D. Franklin, File)
ElectricityIndigenousMineralsNewsNuclear PowerPoliticsRegulations

Navajo Nation changes tribal law regulating uranium transport

Native American group approves stronger legislation after revival of uranium mining operation that sees radioactive material moved over reservation.

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