08
Mar
14:44
Deep-sea mining could cost global economy $500 billion: report
Deep-sea mining could cost at least $500 billion to the global economy between financial impacts to the mining sector itself and destruction of natural capital, according to Planet Tracker.
In its latest report, the non-profit organisation says that deep-sea mining would be a “financial mistake.” It estimates that miners would incur costs of $32-132 billion due to negative returns on invested capital, resulting from expected negative margins linked to …
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Anonymous
Very good overview of the weekly steel market.
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