Aterian plc

Visualizing the EU’s Critical Minerals Gap by 2030. The European Union’s Critical Raw Material Act sets out several ambitious goals to enhance the resilience of its critical mineral supply chains. The Act includes non-binding targets for the EU to build sufficient mining capacity so that mines within the bloc can meet 10% of its critical mineral demand. Additionally, the Act establishes a goal for 40% of demand to be met by processing within the bloc, and 25% through recycling. Several months after the Act’s passage in May 2024, this graphic by Visual Capitalist Elements highlights the scale of the challenge the EU aims to overcome. https://lnkd.in/ez4NKRk3

What a Trump or Harris victory means for critical minerals. Both candidates have pledged their support for #mining and recognise the strategic importance of #criticalminerals for the #energytransition and national security. https://lnkd.in/eUbie7_h

UBS expects copper price to average $10,500 in 2025. UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200,000 tons in 2025, as demand grows for the metal key to energy transition. Copper prices on the London Metal Exchange (LME) are forecast to average $10,500 and $11,000 per metric ton in 2025 and 2026, respectively, UBS said. https://lnkd.in/et-bWUaz

How geopolitics will both hinder and accelerate the global energy transition. Geopolitical competition is spurring the clean energy transition, with countries competing on legislation and investment. But the rising demand for and limited supply of #criticalminerals could hamper this progress. Fostering collaboration via third-party institution will be essential in ensuring the transition is a global collective effort. https://lnkd.in/eTa-eMTb

Freeport-McMoRan said on Tuesday that demand for copper is expected to increase with more data centers being built, and the miner reported a better-than-expected quarterly profit as higher prices of the #redmetal offset a drop in production. Average copper prices rose in the third quarter on signs of better demand in top consumer China, falling inventories and as the country unleashed wide-ranging stimulus measures to boost its flagging economy. https://lnkd.in/eMmrwTuN

Question: What constitutes a successful Rwandan drilling campaign for Aterian plc with the Rio Tinto JV? https://lnkd.in/ekfvc4HT Are you ready to judge the drilling outcome? We use probability distribution models to assess projects.  A.      A LARGE discovery of Li, Ta, and Sn = SUCCESS B.      A small discovery of Li, Ta, and Sn = SUCCESS C.     No Li, but significant Ta and Sn = SUCCESS D.     No Li, Ta, or Sn = FAILURE For each outcome there is a probability and an Net Present Value (NPV) attached for Aterian. Our job is to move that NPV from a theoretical figure to a realisable value which can be monetised for shareholders. For example, if we applied the following hypothetical values to our HCK Project we get: A.     20%? * $250m = $50.0 m B.     30%? * $100m = $30.0 m C.     30%? * $50m = $15.0 m D.     20%? * $0m  = $0 m TOTAL Theoretical Value = $95 m What probabilities and values would you assign to each outcome?

Source: Mining Weekly Investing in African Mining Indaba – the premier platform for deal-making, investment, and corporate networking for African mining for over 30 years – is cementing its position as the catalyst that ignites positive disruption within the African mining industry. Having launched its 2025 agenda, which demonstrates what is needed to future-proof the African mining industry, the platform is set to deliver another event that will help build a stronger, more resilient sector. https://lnkd.in/eU9edhQK

The case for rising copper prices often hinges on assumptions about future demand. #Copper is a vital component of the global economy due to its widespread applications in areas such as power distribution, construction, and transportation. Moreover, copper plays a crucial role in the #energy transition and the broader trend of #electrification. https://lnkd.in/ezHgYGQc

Source: AllAfrica Global Media Rwanda has inked a new mineral exploration deal with global mining giants RIO Tinto Mining and Exploration (RTX) Ltd, after "tremendous potential" has been found in the country. Since last year, after a partnership between RTX, the government of Rwanda, Kinunga Mining Ltd, a local company, and Aterian PLC, a British company that has been doing mineral exploration in Rwanda for the past four years, significant exploration procedures have been taking place in the country, specifically in search for Lithium. Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation, while Aterian plc, which is listed on the London Stock Exchange is an exploration, trading, and development company with a diversified portfolio in Africa dealing in critical and strategic metals projects. https://lnkd.in/eu_JBBhH

McKinsey & Company reveals demand for seven minerals could double before 2030. These comprise #lithium, cobalt, nickel, dysprosium, terbium, neodymium, and praseodymium. Each serves specific functions in clean energy applications. Low-emissions technologies will drive more than 50% of critical mineral demand by 2030, McKinsey says. For lithium and #rareearthelements, #cleantechnology could comprise 90% of demand. https://lnkd.in/ewrwND8S