Proponents predict AI will be indispensable to help the industry ramp up the supply of battery metals for the global energy transition to fight climate change.
Mansfield Consulting examined 14 potential critical mineral mines and two mine extensions, and found the long-term economic impact of operations over several decades could be nearly C$800 billion ($599bn).
Teck will have the option to acquire an 80% interest in La Coipita by funding cumulative exploration expenditures of $20 million over a five-year period.
A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.