Copper, dubbed the “metal of electrification,” is essential for solar panels, wind turbines, electric vehicles (EVs), and power grids. With EVs requiring nearly four times more copper than internal combustion vehicles, its availability is crucial to India’s carbon-constrained future. Demand for copper is expected to double to 50 million metric tons by 2035, driven by...
READ MORECobalt, lithium, and copper are essential for lithium-ion batteries and the electric vehicle (EV) supply chain. As China maintains strategic control over these minerals, the United States and its allies are working to diversify sources to secure supply chains. The US and Japan are increasing cooperation, exploring trilateral partnerships with Latin American mineral producers such...
READ MOREIndia has allocated 163 billion rupees ($1.88 billion) to advance its critical minerals sector, aiming to secure essential raw materials such as lithium. The federal Ministry of Mines confirmed the funding, which will support domestic exploration and offshore mineral projects. The government expects an additional 180 billion rupees in public sector investment for critical minerals,...
READ MOREThe UK is set to sign a critical minerals partnership with Saudi Arabia during the Future Minerals Forum in Riyadh this week. The agreement is part of a broader effort by the UK to secure vital supplies of critical minerals, essential for manufacturing technologies like smartphones, laptops, artificial intelligence (AI), and clean energy solutions. UK...
READ MORE