Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Glencore CEO Rides Coal Windfall on the Way to a Low-Carbon World
https://www.bloomberg.com/news/articles/2023-03-16/glencore-ceo-not-sorry-for-coal-windfall-on-way-to-a-low-carbon-world?utm_source=website&utm_medium=share&utm_campaign=twitte&leadSource=uverify%20wall
Exclusive: CME to launch nickel contract using prices from new platform -sources
https://www.reuters.com/markets/commodities/cme-launch-nickel-contract-using-prices-new-platform-sources-2023-02-22/?taid=63f75419549ed20001db46b5&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
'Sigma is finishing construction of a hard rock lithium mine in Brazil that it expects to open by April.'
'The project would use hydroelectric power, thus helping to greatly reduce its carbon footprint.'
Just saying.....
https://www.reuters.com/technology/tesla-considering-bid-sigma-lithium-bloomberg-news-2023-02-17/
Dated (and a change at the top)but.....
https://insideevs.com/news/399423/tesla-negotiating-new-gigafactory-brazil/
https://insideevs.com/news/399654/brazilian-government-plans-tesla-country/
https://www.riotimesonline.com/brazil-news/brazil/brazil-dreams-of-tesla-building-one-of-its-gigafactories-in-the-country/
https://www.fitchsolutions.com/autos/gigafactory-outlook-mexico-brazil-attractive-ev-battery-plant-construction-11-07-2022
May help....
https://mb.com.ph/2023/01/30/ph-weighs-ban-or-tax-exports-of-raw-nickel/
https://twitter.com/robert_ivanhoe/status/1619918770142871553
Plenty of 'names' we all recognize get a mention....
'Glencore, for so long the most aggressive dealmaker in the sector, has been quiet in recent years, instead choosing to sell many of its smaller assets.
Speaking to investors last month, CEO Gary Nagle emphasized that its focus would be on targets where it had existing relationships or shareholdings, or assets that were nearby its existing operations.
“These will be ones that are strategic for Glencore, where Glencore has some sort of strategic advantage, whether it be because we are — have existing shareholding, whether we have existing partnerships with the current owners,” Nagle said. “These will be very strategic M&A opportunities and not simple highest bid wins.”
https://finance.yahoo.com/news/mega-miners-hunting-deals-decade-164955318.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABIBfFqwR7yG23ZvZT76pV5vRVxSu3itY5swD5lqicKurgB1v1ZabNLTKPI4IE2kzEIkxrMyjJjlo_aCxMxMfi-vvlpO_OkHFwFjGLh4XF4WSHWb09MH4z0_i9f7rvilHAbPEqvYLYXsvrWLbtDIjPvJBM3KjnYSrZPYnhx7Bpl6
https://www.mining.com/battery-metal-binge-outweighs-cost-hikes-at-polymet-copper-nickel-project-in-minnesota/
Wood plc's FS could make 'interesting' reading
PS GLEN have 70% exposure here
Been over 31k this morning.
Wouldn't have expected end of year price to be north of 24/25k but there you have it. Doubt its sustainable but it'll certainly focus the attention of the majors - divesting of 'dirty' assets and the acquisition of 'clean' and green assets with a sprinkling of ESG fairy dust the way forward in 2023?