Wood Mackenzie has provided a commentary on its initial views on the impact on nickel supply in 2020 and beyond.
Trade & transport
Growing investment by mining is helping to secure Australia’s long-term prosperity.
At the current price, between 20 - 30% of global cobalt mine supply is at risk of disappearing in 2020.
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According to a report by Zion Market Research, the global mining automation market was approximately US$3.65 billion in 2018 and is expected to generate around US$6.18 billion by 2025.
Against the backdrop of a punitive mining law proposal, Americans are concerned about the country’s growing reliance on imports for minerals.
The tunnel is part of the company’s multi-billion pound project to extract polyhalite, a form of natural fertilizer, from Woodsmith mine near Whitby.
Fluor is providing engineering and programme management services on the project, which encompasses a 12 million tpy bauxite mine, a dedicated export terminal in Port Kamsar and rail and other infrastructure upgrades.