The penny finally appears to have dropped. Legislation proposed at the end of March in the US will see Joe Biden's government fast track supplies of critical minerals, while European nations are at last waking up to the impending shortage of metals integral to the energy transition. But those with only a cursory knowledge of mining appreciate these things take time. Bringing a mine online takes an average of about 20 years from discovery, while in high-risk countries the timeframe can slip by a matter of decades. Which is why junior miners with promising projects and established resources in low-risk jurisdictions have seldom been so well placed.
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