A fundamental choice for Critical Minerals development: "Fascism or radical democracy?"

The global demand for critical minerals like lithium and copper is surging, but how we attempt to quickly extract them, argues Katherine Teh , Executive Chairman of Spektrum Development , presents a fundamental choice: embrace authoritarian tactics that disregard communities or pursue transparent, consent-based development. In this pivotal moment, the stakes are high-ranging, from environmental destruction to lost economic potential. Which path should be chosen? Katherine Teh of Spektrum Development addressing the 2024 ACFID Conference WE ARE AT a crossroads in the energy transition. The gap between what the mining industry promises and what it delivers has been widening, creating not only delays but the potential for significant socio-economic and environmental risks. As the demand for critical minerals like copper, graphite, and lithium increases, we’re facing mounting challenges in securing these resources quickly enough to support the transition to renewable energy. The Problem...

Australian copper miner moves into Indian coal

Australian-listed mining company India Resources Ltd will enter the Indian coal sector following an agreement with Bankura DRI Ltd, a consortium of six sponge iron manufacturers who have been allocated a coal block in Ranigunj in West Bengal. IRL managing director Arvind Mishra said. reserves are estimated at 95 Mt. His company is already operating in India, mining copper at the re-opened Surda mines of Hindustan Copper in Jharkhand where production has touched 37,000 t.

IRL has applied for licences for new copper mines near Udaipur in Rajasthan, besides applying for 15 exploration licences for iron ore in Orissa and Jharkhand. It has also applied for diamond exploration licences in Orissa, Andhra Pradesh and Madhya Pradesh. “We are already involved heavily in exploration activities in lead and zinc,” Mr Mishra said, as quoted by The Hindu.