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Six new large mines need to come online annually by 2050 to meet global copper demand – study

This is particularly the case taking into account that the Inflation Reduction Act, signed into law in 2022, calls for 100% of cars manufactured to be electric vehicles by 2035. But an electric vehicle requires three to five times as much copper as an...
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Miners struggle to finance projects amid surging battery demand — IEA

In its recent Global EV Outlook 2024, IEA highlights the necessity of external sources to support large-scale capital expenditure in mining projects, however miners Albemarle, Core Lithium, Liontown Resources and Pilbara Minerals recently announced project spending reductions, lower dividends, and job cuts. Nickel and...
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Chilean MP, NGOs demand halt to Nutrex exploration project at Juncal Andean Park

Nutrex requested Chilean authorities a deadline extension to present the required documents to start working in the area, as it had until April 16, 2024, to establish its presence on the site by setting up equipment and some infrastructure but couldn’t do so after...
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