NewsRoom Articles - Page 158 of 194

WednesdayJul 28, 2021 1:45 pm

Renewable Energy Lab Predicts Decline in Cost of Battery Storage Systems

The NREL recently released a report that examines both the performance and cost of different transport and electricity technologies. The lab included various energy storage technologies in its forecast, in addition to residential and commercial solar PV, utility, offshore and onshore wind as well as other technologies. The report predicts substantial decreases in the cost for battery energy storage in the period between now and 2030, noting that the declines in cost will continue to 2050. With regard to energy storage, the annual technology baseline report includes pumped storage hydropower, residential and commercial battery storage analysis as well as utility-scale…

TuesdayJul 27, 2021 3:40 pm

Canadian Government Invests $40 Million to Support Innovation Advancements in Mining Sector

Last week, Canadian Minister of Innovation, Science and Industry, the Honorable François-Philippe Champagne, announced that a $40 million investment would be made to the Centre for Excellence in Mining Innovation Inc. to help boost the mining sector, which is a crucial part of Canada’s economy. The investment is being made via the Strategic Innovation Fund, which has been designed to support and attract high-quality business investments across all the economy’s sectors. The investment would support the establishment of the Mining Innovation Commercialization Accelerator Network in the country’s mining sector. Canada is rich in critical minerals, which are crucial to the…

MondayJul 26, 2021 2:15 pm

Worldwide Uranium Production Set to Register 3.1% Recovery in 2021

Figures show that the global production of uranium will recover by more than 3% this year, owing to the resumption of operations at Canada’s Cigar Lake mine as well as other mines that were suspended last year. In addition, while the mineral’s production in Australia will continue to decrease because of the halt in operations at the Ranger mine, Russia and Kazakhstan will record significant increases in their output. In the recent past, international production has been limited, primarily because of a slow uranium market, which was affected by the coronavirus pandemic. Last year, global uranium production decreased by more…

FridayJul 23, 2021 2:30 pm

Study Highlights Need for Emphasizing Sustainability During Lithium Production

A recent study conducted by researchers from the Argonne National Laboratory, which is under the Department of Energy in the United States, has discovered new insights into the process of producing lithium and how it is associated with environmental sustainability in the long term, especially in the transportation field with electric cars and batteries. The study, which was published in the “Resources, Conservations & Recycling” journal, was conducted in collaboration with SQM, one of the largest producers of lithium globally. SQM is a Chilean chemical company that is engaged in the supply of plant nutrients, iodine and industrial chemicals, in…

FridayJul 23, 2021 10:00 am

StorEn Technologies Inc. Builds on Vanadium Flow Battery Tech to Deliver Game-Changing Energy Storage Options

StorEn’s batteries deliver superior performances at a lower cost Company’s exclusive vanadium flow battery technology is based on a rechargeable flow battery With its innovative vanadium flow battery tech as a backdrop, the company is in the process of a RegA offering with four different investment tiers From the first all-vanadium flow battery created almost four decades ago, StorEn Technologies has developed a revolutionary vanadium flow battery technology that has potential to revolutionize the energy-storage space. StorEn’s batteries deliver superior performances at a lower cost; they also fulfill growing market demand for more efficient and cost-effective energy storage (https://ibn.fm/Cw1Z4). StorEn’s…

ThursdayJul 22, 2021 3:00 pm

An Overview of the Five Stages of Gold Mining

To a casual observer, mining gold seems simple: find ore, extract it then process it into gold. However, this isn’t the case since mining for gold is a more complex process which occurs in stages. Before the precious metal can be extracted, firms are required to explore the area in order to accurately determine the size of the deposit and how the ore can be extracted and processed responsibly, safely and efficiently. It takes one to two decades before a gold mine is ready to produce raw material which can be refined. Below we look at the first three life-cycle…

ThursdayJul 22, 2021 10:00 am

StorEn Technologies Inc. Touts Benefits of Vanadium Flow Batteries

Renewable energy is the future of energy Vanadium batteries are uniquely suited to the task of rolling out renewable energy on a larger scale Perhaps one of the most compelling advantages of vanadium flow batteries is their cost The debate is over, according to a recent StorEn Technologies blog: renewable energy is the future of energy (https://ibn.fm/IlQCs). The only discussion left, according to the company, is identifying the best path to get there. “At StorEn Technologies, we believe that vanadium flow batteries are the key to making sustainable energy sources like solar power more widely accessible,” states the blog, which…

WednesdayJul 21, 2021 3:30 pm

The Power of Gold in Comparison to Currencies Over the Decades

The relationship in value between gold and currencies has diminished significantly since the gold standard was abandoned in the early 1970s. During that time, the president of the United States Richard Nixon also barred the exchangeability of the dollar into the precious metal, which brought an end to the Bretton Woods system. The In Gold We Trust Report highlights that in the past four decades, the purchasing power of some of the most popular currencies on the globe has diminished significantly against gold. The global monetary system was severely impacted in the first decade after the gold standard was abandoned.…

TuesdayJul 20, 2021 3:45 pm

Report Suggests That Copper Supply Shortage Looming

Capitalight Research’s maiden monthly publication, titled “Critical Metals for a Sustainable World” and focused on critical metals, suggests that by 2024, the present mine expansion wave will have culminated, with a huge forecasted gap in required mine supply of copper beginning by the second part of this decade. Critical metals are essential to the economy and, in today’s world, central to high-tech sectors. These critical metals include rare earth minerals and other metals such as lithium, gallium and platinum group elements. The publication also anticipates LME cash prices for copper will average at $4.20 a pound this year and $3.96…

MondayJul 19, 2021 3:15 pm

New US-to-Europe Rare Earth Minerals Supply Chain Created

Last week, Neo Performance and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) created a new U.S.-Europe supply chain for rare earth minerals when the first shipment of 20 tons of rare earth carbonate was shipped to Neo’s rare earth separation facility from the latter company’s production White Mesa Mill in Utah. Energy Fuels expects to send out more shipments as it processes more of the monazite sand ore for the uranium and rare earth minerals it contains. The sand ore is mined by Chemours in its Georgia operations. Rare earth elements are crucial elements needed for various advanced technologies…

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