Electrification

BHP CEO Mike Henry outlined a bold vision at PDAC 2025, emphasizing the rising global demand for critical minerals and the investment opportunities ahead. With the world’s population expected to reach 10 billion by 2050, demand for copper alone is projected to increase by 70%, requiring significant exploration and innovation. He stressed the importance of policy reforms to maintain global competitiveness and highlighted BHP’s commitment to sustainability and local partnerships. He positioned BHP as a leader in shaping the future, ensuring that the mining industry remains essential to global infrastructure and economic development in the decades to come. [more]

This article delves into the “Global EV Outlook 2024” by the International Energy Agency (IEA), offering an in-depth analysis of the electric vehicle (EV) industry’s current state and potential future. Highlighting a 35% growth in EV sales in 2023 and the expansion of charging infrastructures, it underscores the technological, regulatory, and market dynamics shaping the sector. The report stresses the critical roles of affordability, government incentives, and technological advancements in batteries and charging technologies in driving the adoption and sustainability of electric vehicles globally. [more]