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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia's Kadin Chairman: 'Feasible' to reduce Chinese ownership of nickel projects in the countrySpeaking at the sidelines of Milken's Asia Summit, Anindya Bakrie, CEO of Bakrie & Brothers and newly appointed chairman of the Indonesian Chamber of Commerce and Industry (Kadin), discusses the country's critical minerals industry and says that Indonesia has "all the potential" to export nickel to Western nations.
Persons: Anindya Bakrie Organizations: Milken's Asia, Bakrie, Brothers, Indonesian Chamber of Commerce and Industry Locations: Indonesia
Gold rallies to record high on U.S. rate-cut optimism
  + stars: | 2024-09-13 | by ( ) www.cnbc.com   time to read: +2 min
One kilogram gold bars are displayed for a photograph at the YLG Bullion International headquarters in Thailand on January 13, 2016. Gold prices soared to an all-time high on Friday as the dollar weakened amid prospects of a U.S. interest rate cut next week, while palladium has gained 15% so far this week. Spot gold was up 0.2% at $2,565 per ounce, as of 0258 GMT, after hitting a record high of $2,567.93 earlier in the session. The dollar fell to a one-week low, making gold less expensive for other currency holders. Palladium climbed 0.16% to $1,048.06 and was headed for the best week since Dec. 11, 2023, fueled by export curb concerns.
Persons: Bullion, Tim Waterer, Vladimir Putin Organizations: KCM, Monetary Fund, Fed, West Locations: Thailand, U.S, Moscow
Gold inches higher as investors eye U.S. data for rate cues
  + stars: | 2024-09-12 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices edged higher on Thursday, with traders focusing on the upcoming U.S. economic data that may offer further insights into an expected reduction in the Federal Reserve's interest rate next week. Gold prices edged higher on Thursday, with traders focusing on the upcoming U.S. economic data that may offer further insights into an expected reduction in the Federal Reserve's interest rate next week. Data on Wednesday showed that U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut next week. CPI data showed no major inflation spikes, which is supporting gold prices to hold above $2,500 and suggesting no immediate changes to Fed policy, Wong added. Palladium climbed 1.3% to $1,021.84, its highest since July 8, following comments on export regulations from Russian President Vladimir Putin.
Persons: Kelvin Wong, OANDA's, Price, Wong, Vladimir Putin, Putin Organizations: Asia Pacific, Traders, U.S, PPI, Reserve, West Locations: U.S, Moscow
CNN —The US Food and Drug Administration announced Tuesday that it will examine the potential harm to women of heavy metals such as lead and arsenic found in tampons. The FDA’s action follows the July publication of a small pilot study that found arsenic and lead in organic and nonorganic tampons. The July study discovered only the presence of the metals and “did not test whether metals are released from tampons when used,” the FDA said in a statement Tuesday. “However, there is no reason for people to be afraid to use menstrual products at this time,” Pollack added. That advice also applies to anyone concerned about heavy metals or chemicals in their menstrual products, experts say.
Persons: , Kathrin Schilling, ” Schilling, nonorganic tampons, hasn’t, , Anna Pollack, Pollack, ” Pollack Organizations: CNN, Food and Drug Administration, US Environmental Protection Agency, FDA, Consumer Healthcare, Association, Columbia University’s Mailman, of Public Health, American Chemistry Council, , for Disease Control, Prevention, George Mason University Locations: tampons, U.S, United States, United Kingdom, Greece, New York City, Fairfax , Virginia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrafigura chief economist discusses the outlook on EV-related metalsSaad Rahim from Trafigura discusses the outlook for lithium, platinum, cobalt and nickel.
Persons: Saad Rahim, Trafigura
watch nowWhen Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. The Cowboys are the most profitable in the NFL, posting EBITDA of $550 million last season, $300 million more than the New England Patriots, the second-most profitable NFL team, according to CNBC's list. In 1995, Jones signed a 10-year, $40 million deal with Pepsi-Cola and made a $2.5 million a year, 10-year deal with Nike. The value of the Cowboys' sponsorship deals has ballooned over the years. But there is no doubt he created the economic blueprint for an NFL team.
Persons: Jerry Jones plunked, Jones, DaRon Bland, Ron Jenkins, Tom Landry, Jimmy Johnson, Herschel Walker, Emmitt Smith, Darren Woodson, Barry Switzer, Jason Robins, Ryan Kang, Mike Tyson Organizations: Dallas Cowboys, Texas, Cowboys, National Football League, Los Angeles Rams, NFL, New England Patriots, Washington, T, Arkansas, CNBC, American Express, Pepsi, , Visa, Cola, Nike, NFL Properties, The Cowboys, Molson Coors, The Dallas Cowboys, Seattle Seahawks, AT, Super, Big, Professional Bull Riders, & $ Locations: Arlington , Texas, Texas, Arlington
But until now, Garner hasn’t given a full tour inside her Westside Los Angeles property. She had searched for a home with privacy, but the ones she toured all felt too “grand,” she explained. It’s a house fully in use, too, rather than siloed off — a rarity for a house with multiple pre-teens and teenagers. “I am happy that I feel like we use the space really well, and that the kids are all over the house,” Garner said. The windows were made by the author’s son, the artist Reed Bradley, as a tribute to his mother’s work.
Persons: Jennifer Garner, , Elektra —, Garner hasn’t, Brooke Giannetti —, Laura Putnam —, ” Garner, , Garner, Moose, Birdie, Frank Frances, Steve, “ There’s, ” Brooke, They’re, Marla Freeze, Reed Bradley Organizations: CNN, Olympic, Westside Locations: Westside Los Angeles, West Virginia
Environmental activists calling for an international moratorium on deep-sea mining. Pallava Bagla | Corbis News | Getty ImagesCarvalho's election victory comes at a time of intense debate about the future of deep-sea mining and the world's oceans. Scientists have warned that the full environmental impacts of deep-sea mining are hard to predict. I would be very much concerned to have a mining exploitation request sat on my table without a mining code. "I would be very much concerned to have a mining exploitation request sat on my table without a mining code," Carvalho said.
Persons: Leticia Carvalho, Carvalho, Michael Lodge, Gerard Barron, Carolyn Cole Organizations: Getty, International, Authority, CNBC, ISA, Corbis, ISA Council, The Metals Company, Los Angeles Times, Istock Locations: Leticia Carvalho Brazilian, Jamaica, Nauru
Position CB CB/WR DT Edge LB OT QB RB S TE WR iOL Class Jr. R-Jr. R-So. Photo: Jonathan Bachman / Getty Images OT Jr. 11 Benjamin Morrison CB Notre Dame Height: 6-0 Weight: 186 Class: Jr. Photo: Tim Warner / Getty Images CB Sr. 42 Barrett Carter LB Clemson Height: 6-0 Weight: 234 Class: Sr. Photo: Kevin C. Cox / Getty Images WR Jr. 50 Drew Allar QB Penn State Height: 6-4 Weight: 230 Class: Jr. Photo: Joe Robbins / Icon Sportswire via Getty Images QB Jr.(Illustration: John Bradford / The Athletic; Photos of Carson Beck, Will Johnson and Travis Hunter: Rich von Biberstein / Icon Sportswire via Getty Images; Gregory Shamus, Ryan Kang / Getty Images)
Persons: Will, Johnson, “ can’t, Devon Witherspoon, Derek Stingley Jr, Sauce Gardner, Thomas Shea, Abdul Carter, LaVar Arrington, NaVorro Bowman, Micah Parsons, Carter, Tom Allen, Scott Taetsch, Travis Hunter, Hunter, Deion Sanders, Ron Chenoy, Jr, Mason Graham, Graham, NFL hasn’t, Quinnen Williams, Williams, Bailey, James Pearce Jr, Pearce, Pierce, , Donald Page, Tetairoa McMillan, McMillan, Malik Nabers, Rome Odunze, Jedd Fisch, Noah Fifita, Ivan Pierre Aguirre, Luther Burden, Burden, Theo Wease, Brady Cook, Johnnie Izquierdo, Carson Beck, Beck, Stetson Bennett, Brock Bowers, Matt Ryan, Megan Briggs, Starks, Bo Nix, hasn’t, Jamal Adams, Kim Klement Neitzel, Will Campbell, Campbell, Jonathan Bachman, Benjamin Morrison, Morrison, Darryl, Morrison’s, Matt Cashore, Shavon Revel Jr, Revel, wasn’t, Scott W . Grau, Emery Jones Jr, Joe Alt, Blake Fisher, Troy Fautanu, Roger Rosengarten, Caedan Wallace, Jones, Jones wasn’t, Julio Aguilar, Williams hasn’t, Travon Walker, , Jeff Blake, Edge, Kelvin Banks Jr, Banks, Steve Sarkisian, Bijan Robinson, Jonathon Brooks, Xavier Worthy, Adonai Mitchell, Nick Tre . Smith, Tyleik Williams, Joseph Maiorana, Deone Walker, Walker, Joe Robbins, Shedeur Sanders, Sandersmania, Sanders, Eli, Manning, , Sr, Nic Scourton Edge, Scourton, Jeff Brohm, Zach Bolinger, Harold Perkins Jr, Perkins, Brian Kelly, Blake Baker, Baker, who’s, David Rosenblum, Colston, McCarthy, Sherrone Moore, Aaron J, Thornton, Jonah Savaiinaea, Savaiinaea’s, Savaiinaea, Louis, Kevin Langley, Quinn Ewers, Ewers, Ewers wasn’t, Ron Jenkins, Conner Weigman, Weigman, Jimbo Fisher’s, Fisher, Bobby Petrino, Collin Klein, Mike Elko, Maria Lysaker, Jeanty, Chris Williams, Ersery, isn’t, Jason Mowry, JT Tuimoloau, Tuimoloau, Matthew Visinsky, Lander Barton, Barton, Morgan Scalley, Cody, Jackson, Lander, Chris Gardner, Patrick Payton, Payton, Jermaine Johnson, Jared, Isaiah Vazquez, Kenneth Grant, Grant wasn’t, Grant, Troy Taormina, Mansoor Delane, Dorian Strong, Rich Schultz, Maxwell Hairston, Andru Phillips, Kentucky’s, Phillips, Hairston, Carly Mackler, Egbuka, Stroud, Marvin Harrison Jr, Garrett Wilson, Chris Olave, Rick Osentoski, Denzel, Burke, Tim Heitman, Ollie Gordon II, Gordon, Barry Sanders, Brian Bahr, QB Drake Maye, Rich von Biberstein, Ayomanor, Henderson, Danny Stutsman, Stutsman, Lincoln Riley, Brent Venables, Landon Jackson, Preston Smith, Petre Thomas, Jalon Walker, it’s, Quay Walker, Nolan Smith, Perry McIntyre, Jahdae Barron, Barron, Barron doesn’t, Tim Warner, Barrett Carter, Kirby Smart, Dabo Swinney’s, Ken Ruinard, Isaiah Bond, Bond, Jalen Milroe, Kevin C, Cox, Walter Nolen, Nolen, Ole Miss, Jack Sawyer, Sawyer, Dylan Buell, Darrell Jackson Jr, Don Juan Moore, Sam Brown, Cam Ward, Damien Martinez, Brown, Ken Murray, Deion Burks, Burks, Evan Stewart WR, Stewart, Dillon Gabriel, Drew Allar, Allar, Sean Clifford, Allar’s, Will Levis, John Bradford, Will Johnson, Gregory Shamus, Ryan Kang Organizations: NFL, Edge, Will Johnson, Michigan, Wolverines, Detroit, Washington, USA, Abdul Carter Edge, Penn, Indiana, Nittany Lions, Parsons, FCS Jackson State, FBS, Stanford, School, UCLA, Getty, SEC, Arizona, Missouri, Tigers, Bulldogs, Oregon, LSU, Benjamin Morrison CB Notre Dame, Notre Dame, CB, Carolina, Louisburg College, Getty Images, Penn State, Baton, NC, Longhorns, Cass Tech High School, Buffs, Nic Scourton Edge Texas, College, Purdue, Boilermakers, Colston Loveland, St, Wildcats, College Football, Texas, Aggies, Kansas State, Ashton Jeanty, Boise State, Gophers, JT Tuimoloau Edge, Utes, Utah, Patrick Payton Edge, Miami Northwestern, Seminoles, Florida State, Mansoor Delane CB Virginia, Hokies, Virginia Tech, Giants, Buckeyes, Buckeye, Denzel Burke CB, Ollie Gordon II RB, Oklahoma State, Hampton RB, Appalachian State, ACC, Hampton, America, Alabama, Clemson, Tide, Ole Miss, Jack Sawyer Edge, Ohio State, Maryland, Terps, Miami, Hurricanes, West, Houston, Cougars, Sooners, — Penn State Locations: Michigan, Colorado, Servite, Calif, North Carolina, Tennessee, Georgia , Missouri , Texas, Rome, Arizona, Washington, Oklahoma, Georgia, Theo Wease , Missouri, Athens, USA, Louisiana, Alabama , Michigan, Oregon, Winston, Salem, East Carolina, Baton Rouge, Austin, Texas, Ohio, Columbus, Detroit, Alabama, Kentucky, Lexington, Dollaz, Colston Loveland TE, Gooding , Idaho, Loveland, Ann Arbor, American Samoa, Honolulu, College, Boise, Kansas City, JT Tuimoloau Edge Ohio, Utah, Patrick Payton Edge Florida, Miami, C.J, Fort Worth , Texas, Canada, Massachusetts, Notre Dame , Tennessee, Palo Alto, Lincoln Riley and Oklahoma, Alabama’s, But Texas, Jack Sawyer Edge Ohio, Florida, Savannah, Ga, West Virginia
Stabenow chairs the Senate Agriculture Committee, where a bipartisan crypto bill is working its way through the committee. Because we all support Vice President Kamala Harris to be our next president, and we all believe in the future of crypto," said Schumer. But Stabenow's presence with Schumer at Wednesday's town hall could be a hint that Schumer is leaning towards Stabenow's legislation. Republican presidential nominee Donald Trump is newly catering to the crypto sector in public addresses on the campaign trail. "I think we're going to hear from Vice President Harris soon on this.
Persons: Chuck Schumer, Kamala Harris, Saul Loeb, Schumer, Mark Cuban, Kristen Gillibrand, Debbie Stabenow, Stabenow, Elissa Slotkin, Adam Schiff, Jared Polis, Wiley Nickel, Crypto, Sheila Warren, Harris, Gillibrand, Donald Trump, Ro Khanna, Nickel, we've Organizations: Senate, AFP, Getty, Democratic, New, Agriculture, California ., California . Colorado Gov, Rep, Republicans, Capitol, Crypto, Innovation, Democrats, Financial Innovation, Technology, Republican, CNBC Locations: Washington , DC, Michigan, California, California . Colorado, N.C, United States, Wednesday's, Nashville , Tennessee, Tennessee
And switching these major manufacturers to cleaner sources of energy, like wind and solar, would help significantly. Batteries are one option, but some scientists think an ancient technology, firebricks, is a cheaper and easier solution. Advertisement"It's a way to heat firebricks to a blazingly hot temperature," he said. Rondo said its system reduces CO2 emissions and lowers the cost of energy because it requires less electricity than hydrogen fuel. AdvertisementForsberg said one of the biggest benefits of the newer firebrick technology is that it updates processes many industries have in place.
Persons: They're, they've, Charles Forsberg, Forsberg, there's, Mark Jacobson, Jacobson, Joey Kabel, Dan Stack, It's, Rondo Organizations: Service, Business, Solutions, Boston Globe, MIT, Stanford University Locations: Kentucky, California
It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.
Persons: CNN Business ’, they’ve, that’s, it’s, they’re, , Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, , Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're still 'very optimistic' about nickel prices, says Nickel IndustriesJustin Werner, managing director of Nickel Industries, discusses the outlook for the commodity.
Persons: Justin Werner Organizations: Nickel Industries
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin drops more than 2% as cryptocurrency struggles to hold onto $66,000: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, CNBC Crypto World sits down with Sen. Elizabeth Warren's challenger John Deaton from Bitcoin 2024 in Nashville and Rep. Wiley Nickel discusses a letter he signed urging the DNC to have a 'forward-looking approach' to crypto.
Persons: explainers, Sen, Elizabeth Warren's, John Deaton, Wiley Nickel Organizations: CNBC Crypto, CNBC, Wiley Locations: Nashville
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Wiley Nickel discusses letter he signed urging DNC to take on crypto-friendly party platformRep. Wiley Nickel, D-North Carolina, discusses a letter he signed urging the Democratic National Committee to have a 'forward-looking approach' to crypto. He also explains what he thinks is next as it relates to crypto legislation.
Persons: Wiley Nickel Organizations: Wiley, DNC, Democratic National Committee Locations: North Carolina
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the EV boom led Chinese companies to take over Indonesia's nickel industryIndonesia has become the world's top producer of nickel, supplying over 40% of the global demand needed for EV batteries. The growth is powered by partnerships with China, which have strengthened Indonesia's ability to refine nickel locally. In contrast, the U.S. faces challenges with limited supply, mining only 17,000 metric tons in 2023 compared to Indonesia's 1.8 million metric tons. Elon Musk has stressed the urgency of increasing nickel production, especially for Tesla and the EV industry.
Persons: Elon Musk, Tesla Organizations: EV, Elon Locations: Indonesia, China, U.S
It is also quite the about-face by the Republican presidential nominee. The Republican presidential nominee will also host an accompanying fundraiser in Nashville, with tickets topping out at $844,600 . Bitcoin 2024 conference organizers say they were briefly in talks to have Vice President Kamala Harris appear at the conference, though she ultimately declined. "I think we're going to hear from Vice President Harris soon on this. Harris' team has already begun to reach out to people close to crypto companies to set up meetings, the Financial Times reported on Saturday.
Persons: Donald Trump, Joe Biden's, David Bailey, Trump, NASHVILLE —, bitcoin, Fox, I've, Harris, Wiley Nickel, Nickel, Kamala Harris, Mark Cuban, we've Organizations: Van, Trump, Republican, BTC Inc, NASHVILLE, Republican Party, Biden, Democratic Party, Democratic, North Carolina, CNBC, Financial Times Locations: Grand Rapids , Michigan, America, Nashville, Washington, North
Nickel mining in Indonesia has surged, making it the world's top producer of the metal. With over 14 active mines, Indonesia supplies more than 40% of global nickel demand, driven by its crucial role in electric vehicle (EV) batteries. The rapid growth in nickel production is closely linked to Indonesia's partnership with China, the largest global EV battery producer. Chinese investments have bolstered Indonesia's mining capabilities, focusing on refining nickel locally following a 2022 ban on raw nickel exports. Increased nickel production in Indonesia has led to oversupply and lower prices, impacting producers in Australia and Canada.
Persons: Jason Sappor, Tesla, Todd Malan, It's, Elon Musk Organizations: P, EV, Talon, Talon Metals, Tesla Inc Locations: Indonesia, China, Australia, Canada, America, United States, Michigan, Minnesota
The covert nature of Brahe’s work was common among alchemists of the Renaissance, who kept their knowledge close to the vest. “Tungsten had not even been described at that time, so what should we infer from its presence on a shard from Tycho Brahe’s alchemy workshop?” Rasmussen said. In addition to serving as Brahe's home, Uraniborg functioned as a scientific center where students across Europe came to live and work. And Brahe himself wrote that the king was eager to support the scientist’s work in both astronomy and alchemy. Given the amount of gold found in Brahe’s remains, he may have also taken medicine containing potable, or drinkable, gold.
Persons: Tycho Brahe, Brahe, Kaare Lund Rasmussen, Poul Grinder, Hansen, Uraniborg, Lund University Gold, Rasmussen, , “ Tungsten, ” Rasmussen, Ann Ronan, Carl Wilhelm Scheele, Juan José, Fausto d’Elhuyar y de Suvisa, wolfram, Georgius Agricola, Agricola, Lawrence Principe, Drew, ” Principe, King Frederick II of Denmark, De Agostini, Paracelsus, Rudolph II, Emperor, Stjerneborg, , ” Brahe, Isaac Newton, Johns, King Frederick II’s, Christian IV, Johannes Kepler, Kepler, Newton, Galileo Galilei Organizations: CNN, University of Southern, National Museum of Denmark, Heritage, Lund University, Getty Images, Humanities, Singleton Center, Johns Hopkins University, De Agostini Editorial, Culture, Hulton, Art, Sun, Scientific Locations: Danish, Ven, Sweden, University of Southern Denmark, Copenhagen, Europe, Baltimore . Principe, Norway, Uraniborg, Brahe’s, Mercury, Principe, Johns Hopkins
CNN —From a young age, award-winning artist Tara Shakti knew she wanted to pursue a career creating paintings that empowered other women. Tara Shakti will be the first Malagasy artist to have her work sent to the moon. The main criterion for nomination is that artists’ work should have been included in a curated exhibit, collection, anthology or similar. Tara ShaktiThe artist was invited by Peralta to submit her work for the project after he discovered her paintings through social media earlier this year. “To have my work launched to the moon is an honor of immeasurable magnitude,” Shakti told CNN in an email.
Persons: Tara Shakti, Shakti, , , NASA ”, Samuel Peralta, ” Peralta, Peralta, Leonardo da Vinci, Shakti's, Shakti’s, NASA’s, Tara Shakti “, Tara Shakti’s, Ada Limón, Didi Mendez, they’re Organizations: CNN, SpaceX, NASA, Codex Polaris, Heavy, Embassy of, NASA’s Europa Clipper Locations: Madagascar, Africa, Florence, Paris, Canadian, Toronto, New York, Embassy, Embassy of Madagascar, France, Cuban American
Third-party agents selling and supporting CrowdStrike software and the complicated repairs for customers have been a miserably busy bunch over the past week. CrowdStrike’s token of appreciation for those vendors: a $10 Uber Eats voucher. But a $10 Uber Eats voucher should make it all better, right? The ironic part is, at least where I’m located, I can’t even get a pizza for $10 on Uber Eats after taxes and fees. But the software giant has yet to dole out a nickel to them for their troubles — not even a $10 Uber Eats voucher.
Persons: CNN Business ’, There’s, Uber, Coke, cybercriminals, Brian Fung, Sean Lyngaas, CrowdStrike, hasn’t, Chris Isidore, Organizations: CNN Business, New York CNN Locations: New York
Seventy years ago, the United States was the world’s leading producer of fluorite, a brilliantly multicolored mineral essential to industries such as steel. But the last American fluorite mine closed nearly 30 years ago, unable to compete with cheaper operations in places like Mongolia. The decline of domestic mining means that Americans are outsourcing the environmental and social costs of our inexpensive consumer goods to lower-income nations. More than 70 percent of the world’s cobalt, sometimes called the blood diamond of electric vehicle batteries, comes from the Democratic Republic of Congo, where child labor and sexual violence are rampant in mines. About half of the world’s nickel, another key ingredient in electric vehicle batteries, comes from mines in Indonesia, some of which have destroyed almost 200,000 acres of rainforest amid allegations of operating illegally on Indigenous land.
Persons: I’ve Organizations: Democratic, United Locations: United States, American, Mongolia, America, Democratic Republic of Congo, Indonesia, United Nations
It’s also possible, these scientists warn, that deep-sea mining could disrupt the way carbon is stored in the ocean, contributing to the climate crisis. A documentary about deep-sea mining that Sweetman watched in a hotel bar in São Paulo, Brazil, unleashed a breakthrough. However, several countries, including the United Kingdom and France, have expressed caution, supporting a moratorium or ban on deep-sea mining to safeguard marine ecosystems and conserve biodiversity. Earlier this month, Hawaii banned deep-sea mining in its state waters. Many unanswered questions remain about how dark oxygen is produced and what role it plays in the deep-sea ecosystem.
Persons: Andrew Sweetman, they’re, , Sweetman, , SAMS, I’ve, , Franz Geiger, ’ ”, Geiger, Charles E, Emma H, Morrison, Daniel Jones, Beth Orcutt, Orcutt, Craig Smith, Smith, Camille Bridgewater, Hawaii’s Smith, ” Geiger, Diva Amon, ” Sweetman Organizations: CNN, Clarion, Scottish Association for Marine Science, Nature, NHMDeepSea, SMARTEX, International, Authority, UN, AA, Northwestern University, Northwestern’s Weinberg College of Arts and Sciences, National Oceanography, Bigelow Laboratory, Ocean Sciences, University of Hawaii, Geological Survey, University Locations: São Paulo, Brazil, Evanston , Illinois, Southampton, England, Maine, Mānoa, Jamaica, United Kingdom, France, Hawaii, Clarion
Every year in Kazakhstan, workers pull hundreds of thousands of tons of copper from below the nation’s soil. Exporting oil and metals has been the life force of this former Soviet republic’s economy for decades. Now, as the world moves toward cleaner energy and electric vehicles, nickel and other minerals have become even more valuable, kicking off a boom. China, the country’s neighbor to the east, is well positioned to capitalize. It has invested billions upgrading Kazakhstan’s rail lines ...… and new ports and other infrastructure — visible symbols that this Central Asian country is open for business.
Locations: Kazakhstan, Soviet, China
CNN —When a cruise liner-size asteroid comes within 19,883 miles (32,000 kilometers) of Earth on April 13, 2029, it won’t be alone. The European Space Agency has announced that its new Ramses spacecraft may accompany the asteroid Apophis before and after its safe, albeit rather close, pass of Earth. Astronomers think that an asteroid this large comes within such proximity to Earth only once every 5,000 to 10,000 years. In September 2022, NASA’s DART mission intentionally slammed a spacecraft into Dimorphos, a moonlet asteroid that orbits a larger parent asteroid known as Didymos. “The Ramses mission concept reuses much of the technology, expertise and industrial and science communities developed for the Hera mission,” said Paolo Martino, spacecraft manager for Hera who will also work on the Ramses mission, in a statement.
Persons: won’t, Ramses, Apophis, Apophis doesn’t, , Patrick Michel, ” Michel, Richard Moissl, NASA’s, OSIRIS, REx, “ Apophis, Hera, Paolo Martino, “ Hera Organizations: CNN, European Space Agency, NASA’s Center, Studies, ESA, NASA, System, National Centre for Scientific Research, NSF, JPL, Caltech, ESA’s Planetary Defence Office, APEX Locations: Europe, Africa, Asia, Apophis, France
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