Mining Magazine July 2017 | Page 32

Increased demand
PEAK RESOURCES LIMITED

“ I don ’ t like to use the term ‘ world-class ’, but Ngualla simply is a world class deposit ”

www
. alignenvrionment . com space . We see the development of Ngualla as a starting position for us .”

WHO WE ARE

Align Environment and Risk is a niche international consultancy committed to improving the quality of environments and livelihoods , and building professional capacity in the places where we work . Our primary focus is combining practical project de-risking measures and compliance with international investment standards for environmental and social sustainability performance .
We help our clients to develop innovative , practical solutions to environmental and social risk through specific , appropriate planning and management .
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Increased demand

Whilst prices in cobalt have recently surged up by 150 percent , the demand for other metals including rare earths will ultimately also increase due to the same transforming driver – the electrification of the automotive industry . Rare earths are used to make highstrength magnets , which are 10 times stronger than traditional iron boron magnets . Such advantages enable this
32 July 2017