NewsRoom Articles - Page 147 of 204

ThursdayMar 17, 2022 1:17 pm

How Russia’s Invasion of Ukraine May Affect the Nuclear Sector in the U.S.

Last month, we saw Russia invade Ukraine after years of conflict. This invasion has raised questions about the flow and cost of fuel to the advanced nuclear reactors in the United States, which are considered a primary tool in the fight against climate change. When issuing an executive order to block imports of natural gas and crude oil from Russia earlier this month, President Biden did not include uranium on the list. However, the White House has been conferring with the nuclear sector about the possible impact of imposing sanctions on Rosatom, a Russian-based nuclear energy company. Imposing sanctions on…

WednesdayMar 16, 2022 1:04 pm

Uranium Imports Excluded from Russian Energy Products Ban by the US

Earlier this week, President Joe Biden placed a ban on imports of Russian oil and other energy products into the country. However, this ban didn’t include a ban on uranium imports because the U.S. power industry relies on Russia, Uzbekistan and Kazakhstan for about one-half of the uranium it uses to power its nuclear power plants in order to meet energy demand. Figures from last year show that the U.S. imported more than 240 million barrels of petroleum products and crude oil from Russia, which was about 25% higher than the barrels imported in 2020. The U.S. nuclear industry has…

TuesdayMar 15, 2022 2:03 pm

New Stabilization Method Could Revolutionize Solid State Batteries

Researchers at the Brookhaven National Laboratory and MIT have developed a new way to add more energy into solid-state batteries without increasing their volume or weight. Unlike with lithium ion batteries where a liquid electrolyte carries the charge between electrodes, a solid electrolyte layer is present in solid-state batteries. While this solid layer does away with the fire hazard linked to li-ion batteries and helps deliver more energy, the instability at the boundary between the two electrodes and the solid electrolyte layer shortens battery lifetime. The researchers developed a new technique that involves the elimination of any carbon dioxide present…

MondayMar 14, 2022 11:35 am

Uranium Could Soon Regain Designation as a Critical Mineral

Last year, uranium was removed from the federal list of critical minerals by the U.S. Geological Survey. However, it may not be long before the government declares it critical once again. The finalized proposal submitted by the U.S. Geological Survey removed the radioactive material from the list of minerals that are considered important to economic and national security. The proposal quoted a legal requirement which stated that fuel minerals weren’t supposed to be included on the list. Soon after this, the U.S. Department of Energy (“DOE”) released a report on minerals strategy stating that it was preparing its own critical…

MondayMar 14, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Position in Ontario’s Red Lake Mining District Following Acquisition of Option to Purchase the Ranger/Otter Project

StraightUp announced having entered into a Purchase Option Agreement for a 100% dividend interest in the Ranger/Otter mining project This adds to the company’s growing property portfolio, which currently comprises the RLX North and RLX South Properties in Red Lake, Ontario StraightUp also recently received an early exploration permit for gold exploration in its RLX North property The Ranger/Otter Project addition, coupled with the early exploration permit, positions StraightUp to capitalize on the growing demand for gold, which has already surpassed $2,000 per ounce In 2020, StraightUp Resources (CSE: ST) (OTCQB: STUPF), optioned mining claims that consisted of RLX North,…

FridayMar 11, 2022 12:35 pm

Signs a Manufacturer Needs to Install a Battery Energy Storage System

Clean energy is the future, and if you can cut down on your emissions and save on costs at the same time, why not? Battery energy storage systems (“BESS”) allow firms to store energy derived from renewable sources such as solar PV and wind. But how do you, as a manufacturer, know when your facility is ready for a battery energy storage system? Below are a couple of signs that let you know it’s time to consider using a BESS. You’d like to decrease your carbon footprint Firms need to demonstrate real carbon impacts, which may require you to buy…

ThursdayMar 10, 2022 12:02 pm

Silver Imports Hit New High After Demand Increases in India

Data that was recently released by Ahmedabad Air Cargo Complex shows that imports of silver in February in India hit a new high, as imports rose to 153 metric tons in Gujarat. The last time the metal recorded import levels this significant was in 2014. While the overall price of silver remained stable, the metal’s price did rise to Rs 69,000/kg ($896/kg) in the Ahmedabad market toward the end of February. Earlier last week, silver was going for Rs 67,000/kg ($870/kg) in the Ahmedabad market. In an interview, Haresh Acharya, the director of India Bullion and Jewelers’ Association, stated that…

WednesdayMar 09, 2022 1:10 pm

Why the Price of Uranium Is Poised to Surge

Uranium prices have been on the lower end for some time now. Although nuclear power is the most reliable source of power and has the power to help us transition from fossil fuel to clean, renewable power, the mineral’s market performance has been lagging. The three major nuclear power plant accidents at the Three Mile Island in the United States, Chernobyl in the Ukraine and Japan’s Fukushima plant haven’t helped either, portraying uranium as a dangerous energy source rather than the reliable provider of clean electricity that it could be. In reality, nuclear power is one of the safest energy…

TuesdayMar 08, 2022 3:14 pm

US Invests in Battery Startups to Develop Better Technologies Than Global Rivals

More countries across the globe are implementing low-carbon policies and technologies that will help meet their electricity needs in the green economy as the fight against climate change continues. The United States has been lagging behind in this race for energy supremacy, which is why it is investing in next-generation battery companies such as Ion Storage Systems. This battery company, which was created in the chemistry lab at the University of Maryland, was recently furnished with a federal grant worth more than half a million dollars. Ion Storage is one of the first companies in the United States to develop…

MondayMar 07, 2022 11:58 am

Gold Soars as Europe Goes to War

The price of gold has increased significantly after Russian forces breached Ukraine last week. This is the metal’s highest price since 2020. This attack is affecting investor risk sentiment across the international markets and has triggered the worst security crisis in the European Union since the Second World War. The decision to attack Ukraine provoked investor flight to safe haven assets, with spot gold prices rising by almost 1% to reach $1,925.08 per ounce, an almost 15-month high. U.S. gold futures on the Comex also gained 1% to hit $1,930 per ounce. Last week, President Vladimir Putin of Russia made…

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