Global nickel demand could more than double by 2050 due to the rise in popularity of Electric Vehicles

MINEX FORUM | August 9, 2017
img0 Image: http://e-va.pro Observations by Tesla’s Elon Musk on the key role nickel plays in the electric vehicle boom helped inspire the world’s top miner BHP Billiton to invest in new capacity to target rising demand, miningweekly.com noted with reference to Bloomberg. Amid efforts to improve performance at its nickel operationsin Australia, Eduard Haegel, asset president of BHP’s Nickel West unit, said he “stumbled across” ...

US increases its coal export to Europe and Asia

MINEX FORUM | July 31, 2017
img0 Coal exports to Europe and Asia are surging despite criticism from countries such as France and China over President Trump’s decision to exit the Paris climate change agreement, according to new federal data, washingtonexaminer.com noted. Coal exports for making steel and generating electricity rose 58 percent in the first three months of the year compared ...

Uranium under pressure

MINEX FORUM | July 14, 2017
img0 Uranium was the glaring exception amid a broad-based rally in metals and minerals in 2016. The price of U3O8 fell 41% in 2016 with the industry tracker UxC’s broker average price hitting 12-year lows below $18 per pound in November, mining.com notes. After top supplier Kazakhstan announced in the second week of January that it’s cutting output by 5.2 ...

Serbia anticipates investors from China

MINEX FORUM | July 12, 2017
img0 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister, anticipates investors from Hong Kong and Beijing will pour tens of millions of euros into eastern Europe and he wants Serbia — among ...

Electric vehicles to drive copper demand

MINEX FORUM | June 13, 2017
img0 The growing market for electric vehicles (EVs) will significantly impact demand for copper over the next decade, said mining.com with reference to new research commissioned by the International Copper Association(ICA). The study—Copper Intensity in the Electrification of Transport and the Integration of Energy Storage—was conducted by IDTechEx and provides new insight into copper’s essential role ...