Mining Stocks Archives - Page 64 of 171

MondayOct 02, 2023 12:10 pm

Battery Producers Feel Pressure in Securing Graphite Supplies

Electric vehicle manufacturers will play a key role in global efforts to cut carbon emissions and fight climate change. With around one-fifth of global carbon dioxide coming from the transport segment, replacing traditional gasoline and diesel-powered cars with cleaner alternatives will go a long way toward curbing global emissions. As such, battery electric vehicles (BEV) are poised to replace fossil fuel cars on the world’s roads, and automakers are investing billions into electrifying their lineups to keep in line with national and global climate change efforts. To keep in line with increasing EV demand and production in an increasingly competitive…

MondayOct 02, 2023 11:15 am

Meeting Phase 2 KPIs, Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Emerging as a Model for Sustainable Growth in the Oil & Gas Industry

Prospera in 2021 launched a new strategy to improve margins and oil and gas production while minimizing environmental impact Horizontal well-technology allows for increase in production and Prospera has now abandoned 60 vertical wells as part of its three-year LMRP to reclaim surface land and reduce environmental footprint that will see 200+ vertical wells abandoned Prospera this month completed the drilling of four horizontal wells of a ten-well multi-pad infill drill program that can add an additional ~750 bpd at a low decline to Prospera’s current 900+boepd With more than 42,000 cumulative acres across Cuthbert, Luseland and Heart Hills in…

MondayOct 02, 2023 10:30 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Looks to Secure Property Rights at Zigzag Lithium Project Site; Announces Start of Drill Work at Ruby Graphite Mine

With EV sales skyrocketing around the world, securing lithium and natural graphite supplies has become a priority for battery manufacturers Reflex Advanced Materials has centered its efforts around catering to the lithium and graphite supply chains, with the company announcing that it had fulfilled the penultimate capital payment step needed to secure 100% ownership of its Ontario-based Zigzag lithium project The company also took the opportunity to announce the start of core exploratory drill work within the Montana-based Ruby Graphite project As auto sales staged a significant recovery in the United Kingdom this summer, electric vehicles led the surge. The…

FridaySep 29, 2023 3:20 pm

How Vietnam Plans to Cut into China’s Hold on Rare Earths Supply Chain

Vietnam is poised to become a major competitor to China in the critical metals supply chain and could potentially threaten China’s stranglehold on the global rare earth industry. Vietnamese leaders are planning to restart the Đông Pao mine, a massive rare earth mine in Northern Vietnam. Đông Pao is among the largest rare earth mines in the country, and it has attracted significant interest from Western backers looking for alternative rare earth metal suppliers. With financial backing from Western investors, Vietnam is looking to relaunch the mine in a project with the potential to threaten China’s overwhelming dominance in the…

FridaySep 29, 2023 10:30 am

GEMXX Corp. (GEMZ) Plans 300% YoY Expansion in Gemstone and Jewelry Production to Meet Growing Demand

GEMXX is a mine-to-market enterprise that specializes in the production and distribution of gemstones, like Ammolite, and jewelry on a global scale Ammolite is a rare gemstone that exhibits a unique iridescence and is only found in southern Alberta, Canada The company recently announced that demand for its Ammolite in jewelry designs by Kenneth Bradley is growing exponentially GEMXX plans to expand gemstone and jewelry production by 300% year over year in response to growing demand Its shopping channel division is preparing to supply $5.5 million worth of Ammolite gemstones and jewelry over the next 12 months Although officially recognized…

ThursdaySep 28, 2023 2:41 pm

US Admits It Can’t Remove China from Supply Chain of Critical Metals

A top official in the Biden administration has revealed that the United States cannot eliminate China from its critical metals supply chain. With the U.S. keen on cutting its carbon emissions by transitioning to zero-emission electric vehicles, the country needs massive amounts of critical metals to build electric vehicle batteries, stationary power storage and renewable energy infrastructure such as solar panels. Critical minerals are also key to the development of everything from consumer electronics to defense systems, making these minerals critical to America’s economy and national security. However, China plays a key role in the global critical metals supply chain…

ThursdaySep 28, 2023 10:30 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Strategically Positioned for Record Growth Amidst Canada’s Push for Sustainability in the Oil and Gas Industry

As one of the oil and gas leaders, Canada is the third-largest holder of proven oil reserves in the world; the country’s oil and gas sector is not only big but also green, positioning Canada as an energy powerhouse with an eye on a greener future The sector reported output growth while slashing emissions, standing as a testament that achieving both growth and environmental sustainability is possible Amid Canada's firm commitment to a greener future, companies like Prospera Energy are set to benefit as the country seizes the opportunity of the burgeoning market while still ensuring sustainability Prospera Energy (TSX.V:…

WednesdaySep 27, 2023 12:56 pm

India, China Ramp Up Coal Use as Hydropower Production Drops

A drop in hydro-generated power in China and India has caused the two largest polluters in Asia to turn back to fossil fuels to generate electricity. According to energy think tank Ember, hydropower generation in Asia dropped by nearly 18% in the first seven months of the year while fossil fuel-generated electricity increased by 4.5%. This represents the fastest reduction in hydropower generation in the region in decades and has forced China and India to go elsewhere to supply their massive energy needs. Increased electricity demand coupled with dwindling output from hydropower plants has resulted in a spike in the…

TuesdaySep 26, 2023 2:46 pm

Study Highlights Importance of Magnesium to Plant Health, Growth

Magnesium plays a key role in both human and plant life. In humans, the mineral supports energy production as well as nerve and muscle function. While low magnesium levels don’t usually cause major symptoms, chronically low magnesium levels can cause osteoporosis, heart disease, high blood pressure and type 2 diabetes risk. Although we know a lot about magnesium's role in the activity of more than 300 enzymes dealing in everything from sugar regulation to protein synthesis, little is known about the uptake and transport of magnesium in plants. Fortunately, a recent study led by an international research team granted scientists…

TuesdaySep 26, 2023 9:45 am

Amid REE Market Supply Interruptions, Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Presses Forward With Commercial Processing Plant Plans

Ucore Rare Metals Inc. is moving forward with a rare earth element (“REE”) processing facility in Louisiana that will help to establish an American base for the REE supply chain The REE supply chain is currently almost exclusively controlled by the People’s Republic of China thanks to China’s responsibility for 36.7 percent of the world’s REE reserves, 63 percent of REE mining capacity and more than 90 percent of REE refining capacity REE price increases this month as a result of temporary production shutdowns in Myanmar and China underscore the market’s sensitivity to supply interruptions resulting from governmental policies Ucore’s…

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Category: Mining Stocks