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Nickel prices have crashed in the current year, falling 21% in the year-to-date to $23,300 per tonne thanks to a massive supply glut as Indonesian production continues to outpace global demand
China’s dominance in the processing of critical minerals and the high costs of mining and dealing with harmful byproducts pose challenges to building out the infrastructure.
When Elon Musk’s Tesla said last month that it would not need rare earth ores for its next-generation electric vehicles, it marked the latest string of bad news for $6 billion Australian miner Lynas.
Rare earths have become critical metals over the past few years as they are widely used in permanent magnets for electric vehicles and in wind turbines,...
[Link] A supply chain for the recovery of rare-earth elements from WEEE and electric cars will be created in Italy In... | April 18, 2023