Always fun chatting to @ClemChambers
this time about one of my favourite subjects #deepseamining. This weekend I will publish on Substack a deep dive on how China has been advancing deep sea mining behind the scenes for over 30 years while nobody was watching and NGO’s did everything in their power to kill the Western Industry. @themetalsco
#criticalmineralshub #mineralimperative
Undersea Mining. The Next Trillion Dollar Gold Rush https://t.co/LZPVBmw4UV via @YouTube
@WolfofX Buy the garage full of an unknown dead artists work for buttons. Reify, deify, monitise. Its the oldest art dealer trick in the book. Van Gogh is the Meta.
China controls roughly 95 percent of global high-purity manganese sulphate processing. No other critical mineral category has this much concentration.
Giyani's K.Hill project in Botswana just published a definitive feasibility study with mining and hydrometallurgical processing on the same site.
Mine to market. In Botswana. The first serious attempt to break the 95 percent.
One programmer can now do the work of 20. @ClemChambers tells @CVecchioFX that is not just a technology story, that is a massive engine for economic growth.
The bottlenecks are not just in chips. Everything that powers this build out is getting stretched and whoever supplies it wins.
Copper at $13,540 a tonne. Up 40% in a year.
Korea is responding by mining cities instead of countries. POSCO extracts 2,700 tonnes of nickel, 800 tonnes of cobalt and 2,500 tonnes of lithium carbonate every year from 12,000 tonnes of waste batteries.
The world's biggest battery exporter is becoming its own mine.