Chanticleer
Critical minerals’ $6b cost crisis arrives at the worst possible time
South32 has added to a series of cost blowouts at critical minerals projects that are part of a broader global scramble for materials, labour and skills.
There’s a tragic irony in the fact that the mines the world needs to urgently decarbonise are blowing out at the exact moment we’re seeing why they’re so badly needed.
The US state of Arizona is sweltering through a heatwave that has killed at least 18 people this year and potentially more than 70. The capital, Phoenix, is on track to endure four straight weeks of highs above 43 degrees.
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