Silver Faces Supply Crunch As Industrial Demand Continues Rising
Silver has traditionally been one of the most sought-after precious metals in the world, but in recent years interest in the white metal has skyrocketed thanks to rising industrial demand. Growing need for clean technology ... [Read]
China’s Increasing Copper Demand Bodes Well For Mining And Exploration Companies
According to recently released customs data, China imported 26% more copper in August compared to the same period last year, signaling the unrelenting demand for the commodity. Copper ore and copper product imports into China ... [Read]
Copper Is The New Oil: Expected To Rise By More Than 50% by 2040
The first global copper outlook from energy research group BloombergNEF was recently released, taking into account demand from the technological shifts required to wean the industry off fossil fuels. The main conclusion is startling: Between ... [Read]
CBD Oil Market to Hit Nearly US$137 Billion by 2029
The CBD oil market is expected to witness an astounding CAGR of 38.90% from 2021 until 2029, climbing from $9.86 billion to $136.64 billion. There are several reasons behind the projected growth such a growing ... [Read]
CBD Usage Rising in Japan Despite Drug Taboo
Japan may be known for its zero-tolerance cannabis laws and strong social stigma against the drug, but the sentiment towards CBD is quickly changing. CBD extracted from the seeds or adult stems of the plant ... [Read]
Copper Demand Expected to Nearly Double by 2035
Copper supply can’t keep up with the booming demand for copper, putting net-zero emissions targets at risk, according to a new report from S&P Global. Copper is essential for electric vehicles, wind and solar power, ... [Read]
US Tax Credit Could Rev Up Electric Vehicle Production In Canada
Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a ... [Read]
World’s Largest EV Market Expected to Lose 11% of Market Share by 2025
After dominating the electric vehicle (EV) market since launching its first model in 2008, Tesla Inc. (NASDAQ:TSLA) will likely lose its position as the world’s largest EV maker by 2025 as competitors launch 135 new ... [Read]
Chinese Battery Giant Launches EV Battery With One-Charge Range of Over 1,000 KM
Chinese battery mogul Contemporary Amperex Technology Co. Ltd. (CATL) just unveiled an electric car battery with a range of over 1,000 kilometers (620 miles) on a single charge and is 13% more powerful than one ... [Read]
Canada, the US and Other Countries Partner to Secure Lithium and Other Critical Minerals
Canada has partnered with the United States and other countries to secure the supply of critical raw materials that will fuel the green energy transition. The Minerals Security Partnership (MSP), which was announced last week ... [Read]