Mining pain may be just getting started
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 22 February 2024
⏱️ 16 minutes
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| 0:00.0 | The views expressed on this podcast are those of the participants, not of Rojder's News. |
| 0:07.6 | Indonesia is now the big player in Nickel. |
| 0:09.7 | It's been flagging it for 10 years. |
| 0:11.6 | It found a new technology two or three years ago. |
| 0:13.9 | None of this is unknown. |
| 0:15.2 | Any company that says this is a surprise to us what's happened in the past year with Indonesia being so big is trying to pull your leg. That was a snippet from our conversation with Anthony Curry and Karen Kwok, |
| 0:26.2 | who are covering mining giants for breaking views. Welcome back to the views room. I'm Amy Donnellin. |
| 0:32.0 | And I'm Anita Ramoswami. And this week, we are looking at all things mining. What's in demand, |
| 0:37.3 | what's not, and why prices of some minerals are falling. |
| 0:40.5 | So stay tuned for the Views, the weekly podcast from Reuters Breaking Views, |
| 0:44.8 | where Amy and I talk to our fellow columnists about the big stories of the week. |
| 0:48.2 | And we're coming to you from London and New York. |
| 1:00.6 | It's been a tricky time for the world of the largest miners. The price of lithium and nickel are falling, and even metals like copper are not seeing the gains many would |
| 1:05.8 | expect given their role in the world's energy transition. It's a complex market, but the issues in the |
| 1:12.1 | sector will cast a long shadow and have implications for governments too. Luckily, we have |
| 1:17.7 | Anthony Curry, our Australia-based editor, as well as mining expert and columnist Karen Kwok |
| 1:23.8 | to walk us through this story. So welcome Karen and Anthony. Hello. So Anthony, |
| 1:29.3 | you and Karen have been writing about this, but I thought I would just start off with you. |
| 1:34.4 | Can you first of all tell us what we're talking about here? What minerals, what metals, what are we |
| 1:41.0 | talking about? What are the big miners talking about most at the moment when we talk about falling prices and falling demand? |
| 1:48.2 | Well, I mean, it's name your mineral, metal or ore that goes into the energy transition, basically. |
| 1:55.7 | I mean, everyone down here has been mostly focused on the nickel route. |
... |
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