NewsRoom Articles - Page 110 of 206

TuesdayJun 27, 2023 12:29 pm

New Extraction Technology Could Help Address Global Lithium Demand

Lithium is one of the most critical metals in our modern technology-reliant economy. The metal is a crucial ingredient in the lithium-ion batteries that run most of our rechargeable devices. Furthermore, with large nations such as the United States looking to replace their fleets with battery-electric vehicles, lithium will be in even more demand over the next decade. Most of the global lithium reserves are located in brine, a layer of very salty water under the earth’s surface. Miners extract the critical mineral by evaporating the brine in huge pools over a nearly two-year period. However, this process is inefficient,…

TuesdayJun 27, 2023 9:00 am

Brokered Offering to Help Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finance Projects Key to North American REE Supply Chain

Rare earth elements (“REEs”) are metals in high demand for modern technologies ranging from phones to F-35 jets China currently maintains a commanding global control over the world’s REE supply chain, from mining to production, and has generated international controversy by introducing price increases and export restrictions The European Union imports 98 percent of its REE supply and the United States imports 78 percent of its REE supply from China Canada-based Ucore Rare Metals Inc. is demonstrating an REE process technology it regards as an improvement on the standard processing technology used by China, and Ucore intends to use its…

MondayJun 26, 2023 12:11 pm

GEAPP, Rockefeller Foundation to Design Credit Program to Help Phase Out Coal Use

Last week, the Global Energy Alliance for People and Planet and the Rockefeller Foundation made a formal statement on the Coal to Clean Credit Initiative, which is supported by South Pole, RMI and the Climate Policy Initiative. This initiative, comprised of a consortium of experts from around the globe, will set up a novel standard for the use of carbon finance to motivate the transition to renewable energy in countries globally. The Coal to Clean Credit Initiative is set to begin a consultative process this month, establishing a benchmark for carbon-funded coal transition projects. Rockefeller Foundation president, Dr. Rajiv J.…

MondayJun 26, 2023 9:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Prepares to Meet the Fuel Cell Industry’s Rising Demand for Graphite

Adoption of fuel cell technology hinges on the availability of high-purity graphite for specific fuel cell components The Ruby Graphite project is the only known combined graphite flake and vein graphite source in the U.S., recent samples assay at 95.8% to 98.4% total carbon RFLXF acquired the Ruby Graphite project in 2022, holds mining rights for 755 hectares with 96 federal lode mining claims Other graphite applications include the use of specialized fire retardants, in high-speed machinery; as a refractory material in certain manufacturing processes; as a crucial component in lithium-ion batteries; and as a moderator in specific types of…

FridayJun 23, 2023 10:25 am

Penn State Researchers Suggest Bacteria Could Ease Rare Earths Mining

Rare earth metal mining and processing is incredibly complex. Rare earths rarely occur in large concentrations, instead arising in scattered deposits across the crust. Furthermore, they are often deposited alongside radioactive elements, including thorium and uranium, making it extremely expensive to pull them from the earth and safely separate them from their radioactive companions. This process is so difficult that only one country, China, has the expertise and technology to process rare earth metals such as neodymium, cerium and yttrium in bulk. Mining and processing rare earth metals also has a variety of negative environmental effects that most countries aren’t…

ThursdayJun 22, 2023 11:30 am

LME Battles Suit Instituted After 2022 Nickel Trading Chaos

The London Metal Exchange is getting ready to head to court and defend itself more than a year after it temporarily halted nickel trades. In March 2022, the London exchange was forced to stop nickel trading and cancel ongoing trades amid a once-in-a-decade crisis that saw nickel prices surge by 250% in just 24 hours. At the center of the crisis was Xiang Guangda, a Chinese billionaire who runs one of the largest nickel producers in the world: Tsingshan. Shortly after the billionaire took a short position against nickel, Russia, a leader in global nickel production, invaded Ukraine and led…

ThursdayJun 22, 2023 10:56 am

Faraday Copper Corp. (TSX: FDY) (OTCQX: CPPKF) Featured at the 121 Global Online Critical Metals Conference

Faraday Copper (TSX: FDY) (OTCQX: CPPKF) is a Canadian exploration company focused on advancing its flagship asset, the Copper Creek Project in Arizona, U.S. Copper Creek is one of the largest undeveloped copper projects in North America. A Preliminary Economic Assessment, released in May 2023, outlines a combined open pit and bulk underground mine, low initial capital investment and over three billion pounds of copper production during a 32-year mine life. The company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company expertise. For more information, visit…

ThursdayJun 22, 2023 9:00 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Seeks to Restore Domestic Supply Chains Amid Expanding Graphite Market

Critical elements including graphite have become not only a necessity for economic prosperity but a national security concern for U.S. policymakers Graphite is key for the energy transition because of its role in the lithium-ion battery production for EVs, but the U.S. currently has no graphite production capacity Reflex Advanced Materials aims to build domestic production and purification of graphite seeking to sell this critical element at a very high price in a very purified form Critical minerals, such as cobalt, lithium, and nickel, have become more than fundamental building blocks for clean energy technologies and electric vehicle (“EV”) batteries;…

WednesdayJun 21, 2023 11:37 am

Technology Helping Search for Better Fertilizers

The development of modern fertilizers revolutionized food production around the world and allowed farmers to produce higher quality food in larger amounts. With the world population experiencing a boom in the early 1900s when fertilizers debuted, their invention played a significant role in supporting the growing population on limited farmland. Calcium nitrate was the first-ever synthetic nitrogen fertilizer, developed in 1903 from nitric acid through the electric arc process. The Haber-Bosch process, developed by Fritz Haber in the early 1900s, allowed scientists to manufacture ammonia and deliver high levels of nitrogen to growing plants. Over the following years, scientists developed…

WednesdayJun 21, 2023 10:30 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Lays out Transformational ESG Program Guidelines

Eloro Resources has recently published its ESG program, the next step on its journey toward creating sustainable long-term value for its shareholders The policy lays out the company’s objectives within the fields of corporate governance, corporate social responsibility and environmental production Eloro Resources has increasingly looked to align its operations with the requirements of its growing stakeholder base The company is set to publish its inaugural ESG report in 2023 Mining companies are increasingly seeking to embed sustainability in the way in which they do business as well as across their corporate strategies. Similarly, Eloro Resources (TSX: ELO) (OTCQX: ELRRF)…

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