COMPANY NEWS IN BRIEF

11 June 2021 | Business

BHP urged to target smaller deposits

The world's biggest miners should consider developing smaller deposits to make the most of the commodities expected to be in demand during the transition to cleaner energy production.

Large mining companies have tended to seek the biggest, low-cost, long-life deposits, such as top global miner BHP Group's iron ore operations in Western Australia that have already been running for more than half a century.

But the global energy transition has opened up opportunities as power grids decarbonise and as demand grows for battery raw materials like nickel, cobalt, lithium as well as copper from electric vehicles, accountancy firm PwC said in a report.

"The way battery minerals present themselves geologically doesn't necessarily lend themselves to a multi-decade horizon," PwC Australia Global Mining leader Paul Bendall said.

Battery minerals represented less than 3% of the top 40 miners' total revenue in 2020, the PWC report showed, but there are ample opportunities for that to share to increase, including through buyouts.- Nampa/Reuters

Similar News

 

Construction sector becoming less relevant

9 hours ago | Business

PHILLEPUS UUSIKU The composite index of building plans completed (Windhoek, Swakopmund, Walvis Bay and Ongwediva) recorded a declined monthly growth rate of 19.8% in April...

COMPANY NEWS IN BRIEF

9 hours ago | Business

Forto raises US$240 millionForto has raised US$240 million from investors led by Softbank and will invest in expanding its platform for organising trade shipments between...

COMPANY NEWS IN BREIF

1 day - 21 June 2021 | Business

FirstRand taking over SelpalFirstRand has found offering banking to cash-only businesses in South African townships trickier than expected, but the firms involved are also far...

COMPANY NEWS IN BRIEF

4 days ago - 18 June 2021 | Business

BHP delays decision on Jansen project BHP Group is reviewing two port options for its Jansen potash project in Canada and expects to make a...

The new Nissan Navara now available

4 days ago - 18 June 2021 | Business

The first Nissan Navara vehicles to be manufactured in Africa by Africans have begun rolling off the Nissan manufacturing production facility in Rosslyn on their...

Company news in brief

5 days ago - 17 June 2021 | Business

PwC in major ESG pushAccounting firm PwC said on Tuesday it would invest US$12 billion over five years to create 100 000 new jobs aimed...

Namdeb hosts mines, housing ministers

6 days ago - 16 June 2021 | Business

STAFF REPORTERWINDHOEKNamdeb last week hosted a ministerial visit to its operations as part of its stakeholder engagement.The delegation comprised of the minister of mines Tom...

Twoobii takes portable broadband anywhere

1 week ago - 15 June 2021 | Business

STAFF REPORTER - The Twoobii satellite broadband service from Q-KON was recently demonstrated to be a reliable option for convenience and reliability of portable communications...

A new look for Top Score Instant

1 week ago - 15 June 2021 | Business

Augetto Graig Namib Mills is a leader in the supply of staple food in Namibia for a reason. With the launch of their new range...

Company news in brief

1 week ago - 15 June 2021 | Business

Vodafone opts for Samsung in BritainBritish telecoms group Vodafone has chosen Samsung Electronics as vendor for 5G network equipment in Britain, the pair said yesterday,...

Latest News

Geingob’s vaccination status is unimportant...

9 hours ago | Health

JEMIMA BEUKES AND OGONE TLHAGE WINDHOEKPresidential advisor Alfredo Hengari says questions over when President Hage Geingob is expected to get vaccinated for...

Leadership at core

9 hours ago | People

She is passionate about mentoring and grooming young girlsEnzo Amuele Gift Dapewa Amwaalwa (26) is an aspiring young leader who believes in improving the...

Congo says investor Gertler's permits...

9 hours ago | Economics

Democratic Republic of Congo said exploration permits from companies controlled by Israeli investor Dan Gertler for two huge oil concessions near the eastern border with...

Nigeria could launch pilot digital...

9 hours ago | Economics

CAMILLUS EBOHNigeria's Central Bank is preparing a digital currency pilot that could launch as early as the end of this year, its director of information...

EDITORIAL: Leaders fail to inspire...

9 hours ago | Opinion

It is often said that leaders must know when to lead, when to follow and when to accompany. At the time when leaders from across...

Education ministry talks AS level...

9 hours ago | Education

Elizabeth Joseph On Monday, 14 June, education minister Anna Nghipondoka said for all the schools to successfully implement the AS level as part of...

Photo of the week

9 hours ago | Education

CAPTION: Amid the closure of schools and the announcement of the winter holiday, we are reminded about the educational booklets that help learners remain active...

This week, My Zone set...

9 hours ago | Opinion

Mia Botha It’s definitely self-discipline and the ability to adapt to any situation at hand. You’ll have to be able to focus on what...

South Africa's economy to grow...

9 hours ago | Economics

VUYANI NDABASouth Africa's economy is on track to grow 4.1% in 2021, above recent median forecasts for Sub-Saharan Africa as a whole but not enough...

Load More