Friedland says US must brand copper a critical metal
Billionaire mining investor Robert Friedland said the US government must include copper as critical material under President Joe Biden’s landmark clean energy law.
“It has to be, it’s obvious,” he said in a Bloomberg TV interview with Alix Steel and Guy Johnson. “America hasn’t developed a mine of consequence for 40 years. The mining of copper is absolutely critical.”
Friedland, who’s behind the discovery of some of the world’s biggest copper deposits, has long championed the importance of the metal used in everything from wires and pipes to missiles and tanks.
China is a dominant player in the business of processing minerals, refining the majority of nickel, copper, cobalt and other resources key to economic growth and green-energy technologies. With initiatives such as the Inflation Reduction Act, the US is seeking to curtail global dependence on China as the strategic competition between the two nations increases.
The European Union has already proposed classifying copper and nickel as critical raw materials in landmark legislation designed to bolster supplies, alongside other metals key to the energy transition.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation