Mike Henry, CEO of mining group BHP, believes a massive wave of investment in the raw materials sector is needed to extract the resources required to meet climate targets.
Scientists discover raw material deposits in the Himalayas.
Norway may want to open its waters to deep-sea mining
Lynas on Monday provided an update on progress in the construction of its rare earth processing plant in Kalgoorlie, Western Australia. Production is now expected to begin in August, the mining group said in a press release, citing a shortage of staff and the late delivery of equipment for delays.
Neighboring countries want to work together on solution for particularly affected areas.
Malaysia could play an important role in U.S. commodity strategy in the future. Edgard Kagan, U.S. ambassador-designate for the Asian country, is convinced of this. The country not only has processing capacities, but also deposits of rare earths and other critical minerals.