Demand for battery metals to jump 500% by 2050

MINEX Forum | May 12, 2020
img0 Production of battery metals such as graphite, lithium and cobalt will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, the World Bank reported Monday. According to the global lender, over 3 billion tonnes of minerals and metals will be needed to deploy wind, solar and geothermal power, ...

Kazakhstan to produce 120mn tonnes of coal in 2020

Anastasia Bogdanova | March 26, 2020
img0 NUR-SULTAN. KAZINFORM Coal-extracting companies of Kazakhstan produced 18.3mn tonnes of coal in January-February 2020, Kazinform reports. 10.4mn tonnes of coal were shipped to energy-producing companies, and industrial enterprises received 936,800 tonnes. 1.4mn tonnes were shipped for public and utility needs. 4.6mn tonnes will be exported. According to the Ministry of Industry and Infrastructure Development, The ...

Europe’s alloy demand drop yet to hit term contracts

MINEX Forum | March 16, 2020
img0 European consumers are still steadily accepting material procured on long-term contracts, despite challenging economic conditions that have significantly depleted spot demand and are weighing on prompt prices. The number of spot deals concluded since late January ahead of the Chinese lunar new year holiday week have dwindled in Europe, with most market participants looking to ...