Core Scientific shareholders rejected a $9 billion acquisition by CoreWeave, betting the AI infrastructure company can achieve even higher valuations independently. The failed deal signals growing AI bubble concerns as CoreWeave pivots to acquire developer tool startup Marimo.
European officials are scrambling to establish critical minerals stockpiles as China’s export controls threaten supplies essential for defense systems and clean energy technology. The EU plans to launch a consultation on joint purchasing before year-end, but faces significant logistical and competitive challenges in catching up with US efforts.
European leaders are sounding the alarm about what they describe as an increasingly urgent need to stockpile critical minerals, with warnings that the continent risks falling dangerously behind in securing materials essential for both national defense and the green transition. According to industry reports, the European Commission plans to launch a consultation on stockpiling before year-end, focusing on funding mechanisms and which minerals should be prioritized for acquisition.
Mining lubricants market expected to hit $5.79 billion by 2032 with 3.85% CAGR growth. Asia-Pacific leads demand while synthetic lubricants dominate product segments. Industry faces challenges from electric equipment transition.
The global mining lubricants market is positioned for steady expansion, with analysts projecting growth from $4.28 billion in 2024 to $5.79 billion by 2032, according to recent market analysis. Sources indicate this represents a compound annual growth rate (CAGR) of 3.85% during the forecast period from 2025 to 2032. Industry reports suggest this growth is primarily driven by increasing global demand for metals and minerals fueled by ongoing industrialization, urbanization, and the transition to clean energy technologies worldwide.
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