August 2022 - Page 3 of 3 - MiningNewsWire

WednesdayAug 03, 2022 11:44 am

IEA Report Projects Increase in Global Demand for Coal

A recently published IEA report has projected that the global consumption of coal this year will increase to high levels last recorded almost 10 years ago. Based on current market and economic trends, the consumption of coal around the globe is expected to increase by 0.7% this year, reaching eight billion tons. This is assuming China’s economy will recover in this year’s second half. This new international total will match the figures recorded in 2013, with the new report also highlighting the turmoil observed in coal markets these last few months. This turmoil has significant implications for nations where coal…

WednesdayAug 03, 2022 11:15 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Strengthening Position with Acquisition of Large Rare Earth Deposit in Brazil

UUUU aggressively seeking to expand rare earth bearing monazite sand feeds Bahia Project offers potential to provide Energy Fuels with controlled, low-cost source of monazite Company plans extensive exploration work over the next several months to further define, quantify HMS and monazite resource at the Bahia Project As an emerging player in the commercial rare earth business, Energy Fuels (NYSE American: UUUU) (TSX: EFR) has is strengthening its presence by entering into binding agreements to acquire 17 mineral concessions in Brazil (https://ibn.fm/o7vX5). The acquisitions, located in the state of Bahia and total approximately 58 square miles, have the potential to…

TuesdayAug 02, 2022 1:13 pm

Race to Secure Supplies of Battery Materials Intensifies

As the world adopts the use of electric vehicles, the increasing demand for nickel, lithium, cobalt and other key ingredients needed for batteries outpaces the supply, which has been affected by a general lack of investment and pandemic-related logistical woes. This, coupled with increasing concerns over the dominance that China exhibits in the market and the slowing global economy, has led to an increase in prices and, in turn, accelerated the race to secure supply. For instance, General Motors announced last week that it had entered into a number of supply deals for the raw materials it requires for its…

MondayAug 01, 2022 11:24 am

Copper Recovers as Dollar Weakens, Supply Concerns Deepen

Over the past couple of years, geopolitical events have led to a slowdown in the global economy, starting with COVID in late 2019 and culminating with the Russia-Ukraine war earlier this year. The pandemic significantly impacted supply chains and led to issues, including the global chip shortage, that are still affecting industries to this day, while Russia’s invasion of Ukraine contributed to soaring energy and food prices across the world. Several other economic factors have caused the dollar to depreciate in value for the past few months, with the greenback dropping in value again after the U.S. Federal Reserve hikes…

MondayAug 01, 2022 9:45 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ‘Meets Definition of Domestic Clean-Energy Infrastructure,’ Op-Ed Concludes

Denver Post op-ed piece reports no evidence that tailings cells are leaking or contaminating groundwater U.S. goal to cut emissions in half calls for greater support, investment in domestic manufacturing of clean-energy technologies Communicating correct facts can help others recognize that White Mesa Mill is not a threatening or dangerous neighbor After concerns surfaced about the impact a Utah uranium mill might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is “no evidence that implies the tailings cells are leaking or contaminating groundwater” (https://ibn.fm/4ZfQT). That assessment aligns with what Energy Fuels (NYSE…

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Month: August 2022

IEA Report Projects Increase in Global Demand for Coal

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Strengthening Position with Acquisition of Large Rare Earth Deposit in Brazil

Race to Secure Supplies of Battery Materials Intensifies

Copper Recovers as Dollar Weakens, Supply Concerns Deepen

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ‘Meets Definition of Domestic Clean-Energy Infrastructure,’ Op-Ed Concludes

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