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Metals exploration spend jumps 35 per cent in 2021

The global metals industry is bouncing back hard from the COVID-19 pandemic, enjoying major exploration budget increases in 2021. The sector enjoyed a 35 per cent increase in global nonferrous exploration budget year-on-year, jumping from $US8.3 billion ($11.2...

Vulcan signs another lithium deal

ASX-listed Vulcan Energy has inked a binding lithium hydroxide offtake agreement with cathode materials producer Umicore at its Zero Carbon lithium project, in Germany. The agreement spans an initial five-year term, starting with commercial delivery in 2025. Umicore...

South Korea, Japan drive booming met coal demand

Interest in Australia’s metallurgical coal (met coal) has enjoyed a significant increase in recent times, as South Korea, Japan and Europe pounce on the popular resource. The driving demand is set to see Australia’s exports rise from 171 million tonnes in 2020–21 to...