Why Australia’s Mining Giants Are Pleading
Australia’s top miners are demanding Australia energy subsidies to prevent smelter shutdowns amid soaring power costs, warning of major job losses and supply chain disruptions.
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Charles Pitts is the publisher of Skillings Mining Review, the trade journal that has covered mining since 1912. He writes on the macro forces behind metal prices: commodity cycles, sovereign capital and the shifting sources of demand. His current work argues that hyperscale AI, and the gigawatt-scale power its data centres need, is becoming a buyer of lithium and copper in its own right, competing with the automotive supply chain for tier-one reserves.
Australia’s top miners are demanding Australia energy subsidies to prevent smelter shutdowns amid soaring power costs, warning of major job losses and supply chain disruptions.
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