Anglo American chief says tech giants show ‘deep interest’ in mining stakes

Duncan Wanblad, the head of Anglo American, revealed that major tech firms are deeply interested in acquiring stakes in mining companies due to growing concerns about metal scarcity. This shift indicates a strategic move by tech giants to secure long-term supplies essential for their operations, driven by the increasing demand for metals like lithium and cobalt. Such developments underscore the growing intersection between technology and traditional industries, highlighting the critical need for sustainable mining practices to meet future demands.