Glencore is reportedly considering shutting down Canada’s largest copper plant as soaring costs and shifting market forces squeeze operations. This possible closure puts local jobs at risk and could send shockwaves through the copper supply chain. Stay tuned for more updates soon
Canada stands at a pivotal moment as the global gold rush intensifies, putting its leadership in the precious metals market on the line. Experts warn that without a bold boost in investment, the country could soon fall behind its toughest competitors
The race to mine rare earth minerals deep within Brazil’s rural heartlands is threatening local communities and vital conservation areas, raising urgent concerns about environmental damage and social disruption, reports Mongabay
BHP and Lundin are gearing up to request incentives from Argentina, as a wave of enthusiasm from other miners ignites a fierce race to seize the opportunities presented by the country’s bold drive to expand its mining sector, sources told Reuters
Argentina has officially approved a groundbreaking $2.5 billion lithium mining project by Rio Tinto, marking a pivotal moment for the nation’s ambitions in the rapidly expanding electric vehicle industry. This bold move highlights Argentina’s vital role in the global lithium landscape.
Gina Rinehart, Australia’s wealthiest woman, has built a staggering $800 million portfolio in rare earths. This savvy investment places her at the cutting edge of a rapidly expanding industry that is crucial for technology and green energy. It highlights the surging demand for these indispensable minerals!
Vale has announced a dip in iron ore production for the first quarter, primarily attributed to the heavy rains sweeping across Brazil that have hampered mining activities. This weather-related disruption poses significant challenges for the company as it strives to sustain its production levels. With these adverse conditions in play, concerns are mounting regarding future supply stability.
Russia and China are capitalizing on Canada’s perceived negligence in the Arctic, expanding their territorial ambitions and influence in the region. With climate change opening new waterways, the stakes for national security and resource access are rising.
Lithium Argentina appears stable amidst growing demand for electric vehicle batteries. Analysts highlight the country’s rich resources and strategic partnerships as key factors, suggesting a solid foundation for future growth and investment opportunities.
