3I/ATLAS made its closest approach to Earth on 29 October 2025, coming within 1.8 astronomical units, or around 167 million miles.
What the country does with its newfound power will be crucial for everything from prices to the future of mining investments
Copper and nickel are indispensable to build up our renewable energy and EV industry without being overly reliant on external sources. Getting a grip on their supply is tied to India’s long-term goals of carbon neutrality. Recycling will be integral to the strategy of building up a reliable supply
Irreversible reduction in production costs of nickel and gas mean that conventional wisdom of commodities markets – low prices cure low prices, and high prices cure high prices – has been turned on its head. It may be bad news for producers – and their shareholders — but cheap nickel and US gas are good news for the planet
Slumping prices for nickel and lithium mean that electric vehicles have far better prospects than the current gloom in the market would suggest, as materials costs fall and encourage wider adoption. Copper has the opposite problem. Current prices are great for miners — but they make every product that will drive the decarbonization of our economy a little more expensive
LFP batteries, which do not use Cobalt or Nickel, are now commanding a nearly 60% market share.
Nickel prices are nearing 2-year lows as demand slips, with EV battery prices down 10% in August. Nickel inventories are at their highest surplus in a decade.
The Ministry of Mines has prepared a list of critical minerals for India to ensure reduced import dependencies, enhance supply-chain resilience and support the country’s net zero objectives.