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An update on copper

Resilinc

Declining ore quality from Chile, the top producing country, will lead to higher energy usage and costs for processing, according to IEA. Growing scrutiny of ESG impacts of mining is strengthening demand for sustainably sourced metals —but IEA worries that “higher-performing supply chains may not be sufficient to meet demand.”

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4 Crucial Commodities to Watch in 2023

Resilinc

This means in order to meet the growing demand, lithium production must increase from 737,000 metric tons to more than 3 million tons by 2030 ( Washington Post ). Other sources note that there are ample lithium resources; an estimated 8 million tonnes in the world—and that lithium mining practices are becoming increasingly advanced.

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Copper in flux

Resilinc

The volatility of the last few months was tracked in real time by subscribers to Resilinc’s CommodityWatch AI as the service alerted customers to protests in Peru, droughts in Chile, M&As in the mining industry and other disruptions—as well as the larger economic factors mentioned by Davidson. dependent on foreign sources.

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. Image source: MTL Blog. Image source: FDA . The White House announced new actions intended to increase supply after meeting with formula manufacturers and major retailers.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

With the credit, consumers could save up to $7,500 on a new clean vehicle if it meets Inflation Reduction Act-mandated requirements for critical minerals and battery components. Those sourcing requirements are scheduled to increase by 10% every year beginning in 2023.

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

Source: project44 Monthly report. Digital transformation through the adoption of AI innovations has been necessary to ensure meeting the overall upward trend in both demand and expenses in the supply chain. Lauritzen Chile S.A. Some of the companies he has collaborated with and worked for are Transmetrics AD, Robotto Co.,

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production. China, Japan, and South Korea are among the top consumers , driven by their increasing demand for lithium-ion batteries in electric vehicles and other high-tech applications.

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