Miners have to make move into higher risk jurisdictions, ERG CEO says
Originally posted on Fastmarkets.com The mining sector will need to get over its reticence to operate in jurisdictions with high-risk profiles in order to achieve the growth required for the move to a new generation of energy markets Speaking in an interview with Fastmarkets on Thursday January 11, Benedikt Sobotka, chief executive officer of Eurasian […]
Canada Has the Financial Capacity to Invest Billions in Green Transition,Analyst Say
Canada is one of the most environmentally conscious countries in the world, and its government has committed to reaching net-zero emissions by 2050. The good news is that analysts believe Canada has the financial capacity to invest billions of dollars in green transition initiatives that will help the country achieve this goal.Canada’s Finance Minister, Chrystia […]
The Future of Clean Energy: Why Critical Minerals are Vital to Achieving the Global Energy Transition
Orginally posted on Medium.com Introduction The world is witnessing a rapid shift towards a cleaner and more sustainable energy future. As governments, corporations, and individuals recognize the urgent need to address the impacts of climate change, there is a growing demand for energy sources that are less carbon-intensive. However, the transition to clean energy is […]
Vanadium Market Update: VRFB Strengthening Assets
Originally posted on capital10x.com Capital 10X highlights vanadium often, we think this a very undervalued commodity tying into the theme of the energy transition. In January, we’ve seen a continued increase in vanadium prices globally. Vanadium prices increased by approximately 6%, and 29% since September last year. The rise in vanadium prices came on strong […]
The world’s biggest miner is ready to plant more flags in ‘highly desirable’ Canada
Originally posted on ca.finance.yahoo A little over a year ago, Melbourne-based BHP Group Ltd., the world’s largest miner, bowed out of the highly publicized bidding war with Australian billionaire Andrew Forrest’s Wyloo Metals Pty. Ltd. for a nickel project in Ontario’s Ring of Fire region. The tug of war between the two Australian miners over […]
US seeks critical mineral pacts with Japan, UK to curb China
Originally posted on Mining.com The US government is exploring narrowly focused trade pacts on critical minerals with Japan and the UK, in addition to talks with the European Union, the latest salvo in its push to counter Chinese influence in key sectors, officials familiar with the matter said. The US is looking to create a […]
Electric vehicle sales top $1 trillion in wake-up call for carmakers
Originally posted on Mining.com Ford EV at charging station. Stock image. Global spending on electric vehicles is surging. According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. With the 2022 tally included, the total value […]
LG Chem prepares to lock in mineral supplies
Originally posted on Mining.com LG Chem Ltd. is prioritizing efforts to secure raw materials used in electric-vehicle batteries and establishing a self-sufficient global supply chain, including via potential partnerships and investments in mining companies. “We are preparing ourselves first of all to secure supply of raw material, which is more important than the price,” LG […]
The Importance of Copper: Understanding Why Copper is a Critical Mineral
Copper is a metal that has been used for thousands of years for various purposes. From coins and jewelry to electrical wiring and plumbing, copper has been a staple in human civilization. Today, copper is more important than ever as it has become a critical mineral in modern society. In this blog, we will explore […]
Why Copper Is a Critical Mineral
Originally posted on Elements.visualcapitalist.com Why Copper is a Critical Mineral Copper is critical for everything from the electrical grid to electric vehicles and renewable energy technologies. But despite copper’s indispensable role in the modern economy, it is not on the U.S. Critical Minerals list. This infographic from the Copper Development Association shows what makes copper […]