Critical mineral Vanadium finds new interest in grid energy storage battery applications
Originally posted on Investorintel.com By : Alastair Neill Vanadium (V) is a critical mineral element named after the Scandinavian goddess of beauty and fertility Vanadis. It is the 20th most abundant element in the earth’s crust. Global production in 2020, according to Statista, was about 105,000 tonnes. China accounted for 70,000 tonnes or two-thirds of […]
Canada will fast-track energy and mining projects important to allies: Freeland
Originally posted on Financialpost.com By : Meghan Potkins Deputy Prime Minister Chrystia Freeland speaking during a press conference at Bison Transport in Calgary. PHOTO BY GAVIN YOUNG/POSTMEDIA FILES Canada will have to fast-track energy and mining projects if it is to help its democratic allies and achieve its own net-zero ambitions, Deputy Prime Minister Chrystia […]
Autonomous driving boosts copper use in cars – report finds “minimal” substitution
Originally posted on Mining.com New research commissioned by the International Copper Association (ICA) reveals demand for copper in the wire harness in the light-duty automotive industry is expected to grow to more than 1.7 million annual tonnes of copper by 2025, a 14% increase from today’s levels. New technologies in battery electric and hybrid vehicles […]
Three reasons why vanadium redox flow battery technology has NOT hit the mainstream… yet
Originally posted on Stockhead.com Pic: Getty Images Vanadium redox flow batteries have shown plenty of promise over the past few years and delivered very little, however, big developments in China plus a perceived shortage of battery metals may be the spark this battery technology needs to lift off. Stockhead took that question to vanadium […]
Molybdenum – securing a domestic supply of the vital but underappreciated mineral
Originally posted on Investorintel.com By : Alastair Neill Element 42 on the periodic table is Molybdenum (Mo), commonly referred to in the industry as the easier to pronounce moly. Most of the world’s moly production comes as a byproduct from copper or tungsten mining. Most people know it as a lubricant. The main use of […]
A Great Copper Squeeze Is Coming for the Global Economy
Originally posted on bbnbloomberg.ca An open pit copper mine near Calama, Chile. Photographer: Cristobal Olivares/Bloomberg , Bloomberg The price of copper — used in everything from computer chips and toasters to power systems and air conditioners — has fallen by nearly a third since March. Investors are selling on fears that a global recession will […]
Investing abroad could be the solution to America’s clean energy future
Originally posted on Mining.com By Bruno Venditti and Frik Els Benchmark Mineral Intelligence Executive Editor Henry Sanderson (Image: Benchmark Minerals Intelligence) Asked about how many cars Tesla will have made by August 2032—10 years from now—the company founder Elon Musk said: “I’d say 100 million is pretty doable.” Reaching the 100 million mark by the […]
Analyst Report
Canada can build an electric vehicle industry worth $48B a year — but it must act now: report
Originally posted on Cbc.ca By Don Pittis A lone Tesla charges up in Terrace Bay, Ont., on the north shore of Lake Superior. With all the key minerals for EVs and an existing automotive industry, Canada could become a vital link in the battery material supply chain. (Don Pittis/CBC) As climate change shows its growing […]
MORE THAN 300 NEW MINES REQUIRED TO MEET BATTERY DEMAND BY 2035
Originally posted on Cbc.ca More than 300 mines around the world will be needed to meeting growing demand for electric vehicles, according to a new forecast. (Steve Lawrence/CBC) More than 300 new mines will be needed globally to meet growing demand for electric vehicle (EV) batteries, according to a new forecast from a mining analyst. […]