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...

Coal Asia to IPO on Philippines Stock Exchange

Coal Asia Holdings, holder of the Phuilippines’ second largest coal reserves and with the potential to become the biggest producer of high-grade bituminous coal, has filed an application with the Securities and Exchange Commission to conduct an initial public offering of its shares on the Philippine Stock Exchange’s first board. later this year.

The net proceeds are earmarked to bring its Davao Oriental mine into production by 2014 and its Zamboanga Sibugay mine by 2015.

Coal Asia Holdings is the parent company of Titan Mining and Energy Corporation (TMEC) which owns mining exploration and development rights in Davao Oriental and Zamboanga Sibugay, Titan is expected to be the second largest coal producer (next to Semirara) in the country with reportedly coal assets worth P12.5 billion based on an independent valuation report prepared by Multinational Investment Bancorporation last May.

The company’s mine developments are on track with commercial production of 600,000 metric tons of high grade coal per year scheduled for the first quarter of 2014.