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...

Timah tips tin price rise by 20% in 2010

Indonesian-based PT Timah, the world's largest integrated tin miner, expects tin prices this year to climb over 20% to reach $20,000 a tonne as demand recovers. The miner also expects sales of refined tin to edge up to 50,000 tonnes this year, from around 49,000 tonnes estimated for 2009. "We see the market situation improving this year as demand is picking up," its President Director, Wachid Usman said.

He said the majority-state owned cimpany is in a due diligence process for coal mines in Kalimantan in Indonesia's Borneo island, as it looks for acquisitions to replace falling reserves.  Timah is currently producing between 1-1.5 Mt/y of coal but reserves are expected to run out within the next three years. "We seek coal mines with reserves at about 50 Mt," Mr Usman said, as quoted by Reuters.