Data, Industrials

In Charts: Energy transition brings back strong mining investment

Cobalt processing plant mining
Cobalt mining: exploration spending in 2022 by the world’s top 40 miners reached its highest level since 2013, according to PwC (Photo: Lucien Kahozi/Bloomberg)

Soaring demand for critical minerals drives more capital deployment by the world’s largest miners. Global mining investment rose to its highest level for almost a decade last year amid higher demand for lithium, copper and other critical minerals needed for the energy transition. The world’s top 40 mining companies by ...

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