Biden Administration Green Lights Controversial Lithium Mine Amid Supply Race
In a significant move aimed at bolstering the United States' critical mineral supply chain, the Biden administration has approved a contentious lithium mining project in Nevada. This decision comes at a time when the demand for lithium, a key component in electric vehicle (EV) batteries and renewable energy technologies, is surging. The Pine Valley Lithium Project, developed by the Australian firm Ioneer Ltd., is expected to play a pivotal role in enhancing domestic production capabilities for this crucial resource.
Continue readingTeck CEO Urges Canada to Combat China's Control Over Critical Minerals
In a compelling statement, the CEO of Teck Resources, Jonathan Price, has called on the Canadian government to take stronger measures to reduce China's overwhelming dominance in the critical minerals sector. This plea comes against the backdrop of escalating geopolitical tensions and a growing realization that critical minerals are essential for energy transition and technological advancement.
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