09 October 2023
09 October 2023
While the EU has launched financial incentives to build EV batteries domestically, China has an edge in existing processing and refining capacity.
The scoping study will focus on the three Southern licences of Figuera, Capao de Mel and Soberbo.
Greenland Resources will supply molybdenum oxide and carbon-free briquettes from its project in Greenland.
Horizon also submitted an application for another five exploration licences in proximity to the Greenbushes Lithium Mine.
The Josemaria copper-gold-silver project is estimated to cost around $1.3bn to develop.
Tenders for critical minerals including nickel, lithium, cobalt, platinum and other rare earths, is expected to take place in December.
Paramount expects to receive final approval for the Grassy Mountain gold and silver mine, one year from the issuance of the notice to proceed.
The Viscaria mine, which is estimated to hold 93 million tonnes of copper-bearing rock, is due to reopen in 2025.
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Over 70 countries have set net-zero targets, and even more have pledged to lower their emissions. However, these widespread objectives for a greener future are straining supplies of natural resources. Deposits of critical minerals are typically found in specific regions of the world. The race to control these mineral assets has led to intense rivalries between China, the US, and the EU, with China currently dominating the mineral supply chain and the development of energy transition technologies.
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