Exploration budgets rise 19% in 2018, EV interest spikes cobalt and lithium exploration by 82%
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Exploration budgets rise 19% in 2018, EV interest spikes cobalt and lithium exploration by 82%
November 15, 2018

S&P Global Market Intelligence report highlights global nonferrous exploration budgets increased for the second consecutive year, up 19% year-over-year. Key takeaways: •Global nonferrous exploration budget increased 19% to $10.1 billion •Junior exploration companies budgets increased by 35% •Number of active exploration companies increased for first time since 2012 — up 8% to 1,651 •Cobalt &[…]