NMA Mining Minute

National Mining Association

Your morning newscast covering the top mining-related stories of the day, brought to you by the National Mining Association. NMA is the only national trade organization that serves as the voice of the U.S. mining industry and the hundreds of thousands of American workers it employs before Congress, the federal agencies, the judiciary and the media, advocating for public policies that will help America fully and responsibly utilize its vast natural resources. We work to ensure America has secure and reliable supply chains, abundant and affordable energy, and the American-sourced materials necessary for U.S. manufacturing and economic security, all delivered under world-leading environmental, safety and labor standards.

  1. HACE 4 DÍAS

    NMA-TV Mining Minute Special: EU Energy Affordability

    Rising electricity prices in the United States – up about 32% over the past five years – have become an important issue for voters. Now imagine if prices had doubled. That's the incredible reality facing Europe. Europe's dash to renewables has come with eye-watering costs. How bad is it? Fully half of British households are expected to ration their electricity use this winter because of high prices. This a continent-wide affordability crisis for consumers, and it's ushering in the rapid deindustrialization of long-time powerhouse industrial economies. According to the International Energy Agency, the average electricity prices for heavy industry in the E.U. are twice those in the U.S. and 50% above China. Europe is not only losing industry thanks to its electricity affordability debacle, it's also finding it all but impossible to attract new energy-intensive industries, like the AI data centers leading the next economic revolution. Want to expand data center capacity in Germany? According to power providers in Frankfurt, it's going to take a decade to get electricity to do so. The lesson here couldn't be clearer: energy affordability, security and reliability, cannot be given second billing. As the U.S. faces soaring power demand, abundance is essential. That means expanding our energy systems and production to meet the moment, but it also means get even more out of the baseload capacity we already have.

    2 min
  2. HACE 5 DÍAS

    NMA-TV Mining Minute Special: Copper

    With all eyes on copper, in this special edition of the NMA's Mining Minute, we're taking a closer look at what many are calling "the metal of electrification." Known for its electrical and thermal conductivity, malleability and corrosion resistance, copper is key to cutting-edge technologies, including the electricity-hungry data centers that are a must for the AI revolution. That fact alone makes it no surprise that global demand for copper is expected to surge by 75 percent by 2050. And that could end up being a low estimate. S&P Global found that without new supply, the global potential supply-demand gap for copper could be massive. Copper scarcity, it says, "may emerge as a key destabilizing threat to international security." As President Trump recently pointed out, copper is also the 2nd most used material by the department of defense. Here in the U.S., we have vast copper resources. But we're still 45 percent import reliant to meet U.S. needs. Even worse, that's up from 29 percent import reliant in 2016. And S&P expects our import reliance to grow to 60% by 2035. Fortunately, we can reverse that trend, if we can get out of our own way. Projects currently stalled in the permitting process dot the Western U.S. and Alaska. Whether it's Resolution Copper, Copper World, Florence Copper, Twin Metals, NorthMet, Talon's Tamarak or others, if we can get these projects moving, we'll be in a much better position to meet increasing demand. We know the administration is focused on the challenge. President Trump recently announced copper tariffs intended to spur domestic production. And Interior Secretary Burgum quickly thereafter posted to social media, "Interior is onshoring our supply chains by fast-tracking mining permits while the President is incentivizing a DOMINANT U.S. copper industry." We need this focus on copper. And we clearly need permitting reform to meet the demands of today and to ensure that made in America is also mined in America. That's your Mining Minute Special Edition.

    2 min

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Your morning newscast covering the top mining-related stories of the day, brought to you by the National Mining Association. NMA is the only national trade organization that serves as the voice of the U.S. mining industry and the hundreds of thousands of American workers it employs before Congress, the federal agencies, the judiciary and the media, advocating for public policies that will help America fully and responsibly utilize its vast natural resources. We work to ensure America has secure and reliable supply chains, abundant and affordable energy, and the American-sourced materials necessary for U.S. manufacturing and economic security, all delivered under world-leading environmental, safety and labor standards.