Why the U.S. has a serious mining worker shortage
Publishing timestamp: 2023-12-08 08:00:01
Summary
The U.S. mining workforce is aging, with over half expected to retire by 2029. However, there is a shrinking pool of candidates to fill these positions. At the same time, there is an increasing demand for rare earth minerals used in electric vehicles and smartphones. To understand the role of miners in the transition to green energy, CNBC visited Rio Tinto's copper mining operation in Utah.
Sentiment: NEUTRAL
Tickers: RIO-AU, RIO, MNGG, BHP-AU, RIO-GB,
Keywords: economy, video first, climate, mining, united states, breaking news: economy, mining global inc, rio tinto plc, business news, rio tinto ltd, metals and minerals industry, copper markets, breaking news: business, transportation, mining accidents, salt lake city, technology, bhp group ltd, autos, environment, breaking news: technology, u.s. economy, mining regulation, business,
Source: https://www.cnbc.com/2023/12/08/why-the-us-has-a-serious-mining-worker-shortage.html