US Mine Development Delays Among World's Longest, Second Only To Zambia
Portfolio Pulse from Stjepan Kalinic
The United States has the second longest lead times for developing new mines, averaging 29 years, only surpassed by Zambia. This delay hampers the country's energy transition plans, especially in the critical minerals sector. Efforts to streamline the process are underway, but concerns about bureaucratic inefficiency remain.
July 20, 2024 | 11:07 am
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American Pacific's managing director of exploration expressed caution about the revival of the Bureau of Mines, highlighting potential bureaucratic inefficiency.
The news mentions American Pacific's managing director of exploration expressing concerns about the revival of the Bureau of Mines. This could impact the company's operations depending on how the bureau's revival is managed.
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