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...

Thai state co acquiring Indonesian coal mines

The state-owned Electricity Generating Authority of Thailand is in advanced talks to acquire coal mining assets in Indonesia and will hold the stakes through subsidiaries. Thailand, which uses natural gas to generate about 70% of its power, is looking towards coal as it tries to cut its dependence on natural gas for power generation.

"We are in advanced talks with a few targets and hope to close the deal this year," EGAT's Viroj Sivavong, chief of fuel development and planning,told Reuters. "We were also looking at Australia but those assets were too expensive." EGAT is looking at mining assets with about 100 Mt of reserves, he added.