FridayFeb 05, 2021 1:30 pm

Nevada Plans to Mine More Lithium as EV Sector Increases Demand

During his state of the state address, Nevada Governor Steve Sisolak included a section that addressed the new energy economy. He pledged to work on energy laws, explaining that the state had the opportunity to grow. The governor also spoke on lithium mining in the state. Lithium is a low-density metal used in rechargeable mobile phone batteries, laptops and electric vehicles (“EVs”) as well as in nonrechargeable batteries for pacemakers and clocks. In years past, speculators and companies have filed claims to mine lithium in the state, with many dubbing it “a rush.” Developing a lithium mine can be a…

Continue Reading

FridayFeb 05, 2021 12:24 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Eager to Be Part of Biden’s Plan of ‘Bringing Home Critical Supply Chains’

U.S. miners — and mining industry — will help drive country’s post-pandemic recovery Biden sees the “importance of bringing home critical supply chains so that we aren’t dependent on other countries in future crises” UUUU committed to play key role in that plan on critical minerals The new Joe Biden White House agenda “rests on a foundation provided by the nation’s nearly 600,000 miners — miners and a mining industry ready to do their parts to help drive America’s post-pandemic recovery,” according to recent NWITimes article ( That agenda is welcomed by U.S. mining companies, including Energy Fuels (NYSE American:…

Continue Reading

ThursdayFeb 04, 2021 12:30 pm

Legendary Mining Financier Forecasts Mining Industry Gains Resulting From Global Electrification

While delivering a keynote speech at the AME Remote Roundup, Robert Friedland, the co-chair and founder of Ivanhoe Mines, stated that the mineral mining and exploration sector would benefit greatly from worldwide electrification. He explained that at the moment, the natural resource industry was in an up-cycle, and it wouldn’t be until 2023 onward that the world would be fully centered on a $50 trillion to $100 trillion venture to electrify the global economy. Friedland stated that global electrification would have to start from the ground up, changing how electrical energy is not only stored but also how it’s distributed…

Continue Reading

TuesdayFeb 02, 2021 3:15 pm

Solar Microgrids Could Help Decarbonize Mining Operations

Similar to other industries, mining is an energy-intensive industry. The only difference is that the processes involve a lot of crushing, digging and processing of minerals, which consumes a lot of power. Mines also operate 24 hours a day on every day of the week. Now that climate action is a priority under the Sustainable Development Goals (“SDGs"), many industries, including mining, are looking for solutions to decrease their emissions in a bid to incorporate more environmentally friendly approaches to mining, which will in turn help the planet. In addition to this, producers of minerals want to make their entire…

Continue Reading

MondayFeb 01, 2021 3:15 pm

New Coronavirus Outbreak in China Dampens Copper Prices

The prices of copper decreased on Friday, with many concerned that the rising numbers of coronavirus cases in China following a fresh outbreak would impact demand. The new outbreak comes ahead of the traditional Lunar New Year holiday, which sees industrial activity in the country slow down. This comes after the copper smelting activity in the world increased in December 2020, led by China’s strong economy as well as its government’s stimulus efforts against the coronavirus pandemic. On the London Metal Exchange, three-month copper declined to $7,970 per ton, aluminum dropped to $1,985.50 per ton while nickel fell to $18,075/ton.…

Continue Reading

Contact us: (310) 299-1717