by Gordon Barratt | May 20, 2021 | News
Wood Mackenzie analysis has suggested long-term copper price increases are likely to face serious competition from aluminium. Bank of America has stated that copper could exceed $US20,000 ($25,856) per tonne by 2024 if inventories run out. Wood Mackenzie senior vice...
by Gordon Barratt | May 20, 2021 | News
The South Flank site. Image: BHP BHP has delivered first ore at the South Flank iron ore mine in the Pilbara region of Western Australia after $4.65 billion and 9000 jobs made it possible. The 80 million tonne per annum (Mtpa) mine is the largest iron ore mine...
by Gordon Barratt | May 19, 2021 | News
Lundin Mining’s Candelaria operation, in Chile. The group is holding off new investments in that country because of risk. In a sign of South America’s shifting political winds, a billionaire mining clan is holding off on new investments in Chile because of...
by Gordon Barratt | May 19, 2021 | News
The European Parliament formally approved the European Union’s multi-billion euro fund to support countries as they wind down fossil fuel industries, as the bloc overhauls its economy to fight climate change. Poland, which employs over half of the roughly...
by Gordon Barratt | May 19, 2021 | News
Doug Gain Seriti Resources, which will take over South African Energy Coal (SAEC) from South32 on June 1, is particularly excited about the opportunity as the Seriti group to start now exporting coal in addition to continuing to support coal flows into Eskom. “We note...
by Gordon Barratt | May 19, 2021 | News
Silicon for solar PV; nickel, lithium, and cobalt for batteries; and rare earth magnets for wind turbines are all key areas of opportunity for value-add manufacturing in Australia. Image courtesy of CSIRO. CSIRO, Australia’s national science agency, has suggested...
