Plummeting platinum group prices could worsen shortage

Mining News Pro - The price of platinum group metals (PGM) has fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined, according to a new report by an industry group.

McKinsey adds to warnings of clean energy metals shortages

Mining News Pro - McKinsey & Co. joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years, potentially suppressing the adoption of electric cars, wind turbines and solar panels.

Lithium shortages could hand salt a starring role in EV shift

Mining News Pro - Carmakers who faced skyrocketing prices for lithium and other battery metals last year could increasingly adopt sodium-based cells in the future, helping to alleviate strains on raw materials as sales of electric vehicles surge, according to BloombergNEF.

Hefty shortages to help buoy aluminum prices this year

Mining News Pro - Supply disruptions in China due to problems with hydropower mean hefty shortages of aluminum this year, which are likely to offset slow demand growth and help bolster prices.

HOSCO: our only concern is energy shortage

Mining News Pro - Chief executive of Hormozgan Steel Company told the parliament members and officials of the province that the company has some huge ongoing projects.

Shortage of metals for EVs is rising up the agenda in automakers’ C-suites

Mining News Pro - The merry-go-round of private meetings at an annual mining industry conference at Florida’s Hollywood Beach had a cast of new faces this year: auto sector executives increasingly anxious about surging prices and tighter supply of metals used in electric vehicle batteries.

Aluminum stocks jump as traders eye shift from shortage to glut

Mining News Pro - A jump in London Metal Exchange aluminum inventories is adding to mounting evidence of weakening demand for one of the world’s most important industrial metals, while some key buyers are trying to shun Russian supplies.

Green economy may lead to sulfur shortages

Mining News Pro - A projected shortage of sulfuric acid could stifle green technology advancement and threaten global food security, according to a paper published in The Geographical Journal.

Copper Shortage Could Make Problem for the Energy Transition

Mining News Pro - Copper is key to electric vehicles, wind and solar power, as well as the infrastructure that transports and stores renewable energy.

De Beers rises small diamonds price amid shortage

Mining News Pro - De Beers, the world’s top diamond producer by value, has once again increased the price of its smaller stones as sanctions on Alrosa (MCX: ALRS), its Russian rival, have worsened a global shortage caused by two years of covid-related shutdowns.

BHP vows to stay out of lithium rush with shortages set to fade

Mining News Pro - Among elevated metal prices, lithium stands out, as booming electric-vehicle sales send the battery component skyrocketing. Conspicuously, the world’s biggest mining company has no plans to join the rush.

Indian aluminium producer NALCO faces coal scarcity due to train shortage

Mining News Pro - Indian state-run aluminium producer National Aluminium Co Ltd (NALCO) is facing a coal supply shortfall, due to supplies being diverted to priority electricity generation and a shortage of trains to deliver fuel to NALCO’s power plants.

Aluminum shortages to deter blanket sanctions on Rusal

Mining News Pro - The United States and European Union countries are unlikely to impose blanket sanctions on Rusal if Russia invades Ukraine as that would exacerbate aluminium shortages, propel prices to new records and damage manufacturing, analysts say.

Fresnillo cuts production targets on Omicron labour shortage

Mining News Pro - Shares in Fresnillo fell more than 14% on Wednesday after the Mexico-focused miner cut its silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected to have a greater impact in the earlier part of the year than anticipated.

Iron ore price jumps as Fortescue, BHP and Rio Tinto face labour shortage

Mining News Pro - The iron ore price jumped on Tuesday after Fortescue raised concerns over a labour shortage in Australia because of covid-19 curbs, which could hamper output and shipments.

Fortescue reports rise in shipments but flags labour shortage

Mining News Pro - Australian iron ore miner Fortescue Metals Group on Tuesday posted a 2% rise in second-quarter shipments, but flagged pressures from strong demand for labour and resources, as well as supply chain constraints due to the pandemic.

Australia sees energy shortages driving record resource export earnings

Mining News Pro - Australia has raised its outlook for mining and energy export earnings to a record A$379 billion ($272 billion) for the current fiscal year as coal and gas shortages in China and Europe pump up prices, the government said on Monday.

A new commodity squeeze could soon rival lumber’s recent historic shortage

Mining News Pro - Tin is in the grips of one of the longest-running squeezes ever seen in commodities markets, and there’s little sign of it letting up.

Platinum-group prices are being hammered by the chip shortage

Mining News Pro - The shortage of semiconductors is clobbering the price of platinum-group metals as investors brace for a long-lasting hit to car production.

Timber workers can fill mining skills shortage: AMEC

Mining News Pro - Forestry and timber industry workers could be used to fill positions in the Western Australian mining sector under a proposal by the Association of Mining and Exploration Companies (AMEC).

Komatsu training facility fights WA skills shortage

Mining News Pro - Komatsu has revealed plans to build a $6 million training facility in Perth, with completion scheduled before mid-2022 to help alleviate Western Australia’s skills shortage.

Local workers key to skills shortage, survey says

Mining News Pro - The best solution to the resources sector’s skills shortage is to back Australian workers for mining jobs, according to a Mining People International survey.

Albemarle hit by labour shortage at Kemerton

Albemarle has delayed the second stage of its Kemerton lithium processing plant until early 2022 following labour shortages in Western Australia.

Miners work toward skills shortage solution

Mining News Pro - Roy Hill has suggested filling vacant mining roles with out-of-work airline pilots to combat the resource sector’s growing skills shortage.

New records for MinRes despite labour shortage

Mining News Pro - Mineral Resources (MinRes) has lamented hard border closures in Western Australia that caused labour shortages for the company and affected its ability to freight iron ore.

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