NewsRoom Articles - Page 141 of 191

ThursdayDec 30, 2021 10:24 am

Why Energy Storage Systems Are Urgently Needed

As the adoption of clean energy grows, the need for new storage technologies that can do away with the issues that plague renewable energy, such as seasonal imbalances and short-term variability, also grows. Long-term energy storage technologies are the solution to these issues because they can store electricity for a significant amount of time. However, given that the full commercialization of these technologies may be achieved in the long term, the need for a current solution remains. This is where battery energy storage comes in, as the rechargeable technology can store electricity for a couple of hours, which makes a…

WednesdayDec 29, 2021 12:25 pm

WGC Report Shows Gold’s Investment Appeal Growing

A new report by the World Gold Council (“WGC”) highlights that investors have begun to shift towards assets that are less liquid than conventional investments to improve portfolio performance. The council states that investors are also getting involved in riskier investment alternatives seeking higher yields, even with fixed income investments making up a large chunk of their portfolios. The council believes that the investment appeal for gold will strengthen amid the shift to less liquid and riskier assets, given its usefulness as a highly liquid diversifier, which can decrease portfolio volatility. Anecdotal evidence from international conferences and investors, as well…

WednesdayDec 29, 2021 9:51 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Increasing Gold, Silver Mining Assets, as Investors Eye Precious Metals To Counter Inflation

StraightUp is expected to benefit from increased interest in precious metals as investors, traders, and savers rush into gold and silver markets to hedge against inflation, which has risen to its highest point since 1982 Economists expect that the strong inflation will continue driving buyers into gold and other precious metals StraightUp is acquiring various gold and silver mineral property assets in historically prolific regions of both North and South America The latest data released December 10 by the Bureau of Labor Statistics show the US inflation rate rose to 6.8%, its highest point since 1982, on the back of…

TuesdayDec 28, 2021 2:10 pm

Concerns Over Omicron Variant, Inflation Has Increased Gold’s Safe-Haven Appeal

Last week, the price of gold rose above the $1,800 level as rising inflation drove investors to safe-haven assets and worries over the new coronavirus variant increased. U.S. gold futures rose by .4% to reach $1,804 while spot gold rose by .2% to sell at about $1,802 per ounce. Equities also dropped, recoiling from a hawkish turn by international central banks focused on the economic risk that may be brought on by the increasing number of coronavirus cases and taming increasing price pressures. The omicron variant was identified in November and has added a new level of uncertainty for central…

TuesdayDec 28, 2021 9:00 am

StorEn Technologies Inc. Partnership Part of ‘New Era’ for Australia’s Battery Storage Industry

The project allows researchers to test and develop safety standards for vanadium flow batteries StorEn provided 30kWhr battery through partnership Multicom Resources Limited Industry expert reports that a switch to vanadium batteries and other renewables could save the Australian industry more than $1.6 billion a year StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, is involved in a project that could save Australia more than $1 billion a year (https://ibn.fm/2idBg). A key player in the project, Shay Chalmers, recently wrote about the “exciting collaboration” that focused on converting to vanadium flow…

MondayDec 27, 2021 7:40 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Signs Agreement with NSP to Develop Revolutionary Rare Earth Metal Technology

New tech has potential to reduce costs of production, energy consumption and greenhouse gas emissions MOU key step in building a new, environmentally friendly REE supply chain in the United States Two companies to create a new entity that will hold exclusive license to the technology as it specifically relates to REE metal making Energy Fuels (NYSE American: UUUU) (TSX: EFR) is partnering with Nanoscale Powders LLC (“NSP”) with plans to develop a novel technology for the production of rare earth elements (“REE”) metals (https://ibn.fm/FO5x2). In the announcement, Energy Fuels noted that the Nanoscale's patented rare earth metal-making technology has potential…

MondayDec 27, 2021 2:14 pm

DOE Seeks Information on Next-Gen Nuclear Reactors

Last week, the U.S. Department of Energy (“DOE”) requested information for its plans to establish commercial quantities of high-assay, low-enriched uranium. Currently, the National Nuclear Security Administration under this department makes uranium for its nonproliferation and defense missions only. The information gathered will be used in a report the Department of Energy has to present to Congress in the near future. Sen. Joe Manchin, who is also the Senate Energy and Natural Resources Committee chair, voiced his support for the move, stating that he was pleased that the department was progressing with this announcement, which would facilitate the domestic supply…

ThursdayDec 23, 2021 1:35 pm

Decarbonization May Drive Demand for Metals in Near Future

Environmental degradation and climate change are a threat to the world as a whole, which is why countries around the globe are now focused on the green transition. The green transition is the ongoing transition to replace fossil fuels with renewable energy as a way to decrease carbon emissions into the atmosphere. The latest UN Climate Change Conference, which ended on Nov. 12, 2021, included discussions on various topics, such as ways to decrease carbon dioxide emissions around the globe as a way to combat global warming. The process of reducing carbon in the atmosphere in order to create a…

ThursdayDec 23, 2021 12:57 pm

StorEn Technologies Inc. Battery Shown in TEC Report

StorEn battery shown in report that analyzes, issues recommendations regarding the sustainability of supply chain of technology critic elements (“TECs”) Inclusion of the image is indicative of StorEn’s commitment to sustainability The company is currently in the process of a RegA offering with four different investment tiers; each tier offers a different discount and reward StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, and its proprietary residential 5kW/30kWh vanadium flow battery was shown in a recent report released by the Scientific and Technical Advisory Panel (“STAP”) (https://ibn.fm/QDwyi). The report is titled “Technology Critical…

ThursdayDec 23, 2021 12:49 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Ideally Positioned in Industry Projected for Growth through 2040

Report forecasts demand for uranium fuel seeing consistent growth Increased demand fueled by nuclear energy playing an even larger role in the electricity and energy systems of tomorrow As the largest U.S. uranium producer, Energy Fuels holds three of America’s key uranium production centers The World Nuclear Association’s Annual Nuclear Fuel Report projects that the demand for uranium fuel is set to increase over the next two decades (https://ibn.fm/XNptT). That’s good news for Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading U.S. uranium mining company. “World nuclear generating capacity is set to continue its upward trend with demand for…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000