The Philippine election of Marcos as President was a good move lets hope he makes the foreign investment more attractive for mine development investers
Copper has come off but lithium and cobalt are still very strong
If you put CLA opuwo cobalt in the world cobalt line up it looks like this:
Pilbara Minerals' fourth spodumene concentrate auction saw 5,000 mt spodumene concentrate with 5.5% lithium oxide, loading between June 15 and July 15, sold at $5,650/dmt on an FOB Port Hedland basis on April 27, equivalent to $6,163.6/dmt for 6% lithium oxide.
Then on ABC Four Corners'
Electric cars, solar panels, large batteries and wind turbines — the technology needed to go green relies on what can be a dirty industry. "It's absolutely ironic, but to save the planet we are going to need more mines," says Allison Britt, director of mineral resources at government agency Geoscience Australia. The need for one of the biggest increases in mining the world has ever seen is forcing some tough choices and redrawing old battlelines between environmentalists and miners.
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