Nevada Gold Mines explains the rationale behind the creation of the joint venture between Barrick and Newmont and analyzes the potential of its assets.
"ION Energy is looking to bring on a resource in Asia that will allow Asian manufacturers to obtain the necessary lithium for battery manufacturing within their own continent, as opposed to importing from Australia or Latam."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.