The Elements of Innovation Discovered
The Elements of Innovation Discovered
Metal Tech News - April 29, 2024
Funding for the resource sector has been on the decline for nearly 20 years. U.S. mining industry education and training offerings have dwindled, and high inflation and interest rates have only made it more difficult for companies in the sector to get the money they need.
Despite rising EV sales, miners are unable to finance projects for battery metals.
Amidst a green tech boom, fierce global competition is pushing down company margins, and a surprising number of mining industry leaders, like Albemarle, First Quantum Minerals, Glencore, and BHP, are cutting budgets, lowering dividends, and laying off workers. In the U.S., where the Biden administration is pushing t...
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