Shaped by shifts in supply and demand, Papua New Guinea’s economy has relied heavily on mineral extraction for most of its modern history. On the back of increased gold, copper, nickel and cobalt production, mining revenue expanded by 18.8% in 2017. As prices rebound, growth in mining activity comes at an important juncture, boosting export...
Estimating the long-term global demand for cobalt, copper and nickel is a challenging task. While the rise of electric vehicles (EVs) in recent years has increased demand for the metals used in the production of lithium batteries, technological advances could alter the components used in their makeup. Despite that concern, the demand for these...
On the back of rising demand for metals due to the development of electric vehicles and storage batteries, the search for new sources of supply has grown in recent years. Home to significant reserves of the copper, nickel and cobalt required, Papua New Guinea is looking to expand production with the world’s first deep-sea mining project and...
What are the top priorities for the sector with regard to power generation and infrastructure?
How do trends in the global liquefied natural gas (LNG) market affect sector development?
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