NewsRoom Articles - Page 65 of 184

WednesdayJan 17, 2024 3:26 pm

Wind Energy Overtakes Coal Use as Electricity Source in Europe

For the first time in Europe’s history, wind-powered energy generation surpassed electricity from coal in the fourth quarter of 2023. Energy think tank Ember found that European power producers used wind power sites to generate a record 193 terawatt hours (TWh) of electricity from October to December 2023 compared to 154 TWh from coal power plants. Last year's final quarter saw wind generation increase by more than 20% compared to the same time window in 2022, even though the wind installation industry was constrained by factors such as high financing, material and labor costs. These factors could be mitigated by…

TuesdayJan 16, 2024 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Doubling Down on Separation and Refining of Critical Metals Amid China’s Ban on Export of Rare Earth Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, views China’s recent ban on the export of technology to produce rare earth permanent magnets as an opportunity Through this ban, the company looks to grow and assert its dominance in the sector, all while doing away with dependence on China This is made possible by its RapidSX(TM) technology, which it has been slowly perfecting It is also made possible by its Demonstration Program, along with its Louisianna facility that sets it on track to separating friendly REEs and OEMs…

FridayJan 12, 2024 12:42 pm

Factors That Could Affect the Graphite Market in 2024

Graphite is a critical mineral used in electric car batteries as well as in pencils, cores for nuclear reactors and brushes for electric motors, among other things. As the use of electric cars continues to grow globally, the demand for this particular metal is expected to increase. The mineral, either natural or synthetic, can be used in battery anode applications. It is usually built into the anode, with each battery containing anywhere from 50–100 kg of graphite. While synthetic graphite currently occupies a larger share of the market, end users abroad prefer using more natural graphite instead of synthetic graphite…

ThursdayJan 11, 2024 3:03 pm

China Bans REE Technology Exports, Cites ‘National Security Concerns’

This year may prove to be an even more volatile year for the rare earth element (REE) supply chain after China announced a ban in late 2023 on the export of technology used to develop rare earth magnets. Although China noted that the REE technology export ban is due to “national security concerns,” this may be the latest sign that Beijing is hitting back against U.S.-led bans on the sale of advanced chips to Chinese companies by leveraging its dominance in the global rare earth element sector. The ban will undoubtedly impact the creation of rare earth magnets in foreign…

WednesdayJan 10, 2024 4:01 pm

Emissions in Germany Drop to 70-Year Low Amid Drop in Coal Use

Greenhouse gas emissions in Germany hit a 70-year low in 2023, thanks to the country’s reduced reliance on coal for energy generation. Europe’s largest economy has been cutting coal use as part of efforts to combat climate change, and according to research institute Fraunhofer ISE, Germany has reduced coal power production to the lowest levels since 1963. Germany’s total share of coal-fired power production had fallen by nearly one-third in 2023, bringing the fossil fuel’s share of the country’s net power generation to just 26% compared to renewables at almost 60%. A study from the German think tank Agora Energiewende…

TuesdayJan 09, 2024 3:06 pm

Organic Fertilizers Promise to Make Soil Healthier While Yielding More Wholesome Crops

A Kings Research study has predicted that the global organic-fertilizer sector will grow at a compound annual growth rate (CAGR) of 1.31% to generate revenue worth $27.48 billion by 2030. Organic fertilizers are developed using organic sources such as cattle manure, organic compost, domestic sewage and poultry droppings. Although organic fertilizers typically have a lower nitrogen, potassium and phosphorous profile compared to synthetic fertilizers, they can provide plants with nutrients for a much longer period. Additionally, organic fertilizers are cheap and can stimulate healthy root development; improve soil texture, aeration, and structure; and increase water-retention abilities. Unlike chemical or synthetic…

TuesdayJan 09, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finishes Demo Plant Commissioning for REE Processing, Turns to DOD Project and Commercial Facility Build-up

Canadian metals supply company Ucore Rare Metals Inc. recently announced completion of the third and final stage of its Demonstration Plant commissioning process for the separation of critical rare earth element (“REE”) metals used in various important technologies The commissioning process is a key part of the company’s demonstration of its proprietary RapidSX(TM) REE processing technology as it prepares for commercial production Ucore is at the forefront of companies attempting to break China’s virtual monopoly on REE production and separation processes by developing American-based supply chain solutions The company will now focus on proving its RapidSX(TM) technology in response to…

FridayJan 05, 2024 1:53 pm

As 2024 Gets Underway, Gold Seems Set on Upward Trajectory

After seeing its prices rise significantly in late 2023, gold seems to be maintaining its upward trajectory in 2024. The precious metal surged in value significantly as a confluence of global factors increased its safe-haven appeal and drew tons of investors looking to protect their portfolios from potential economic disaster. With several armed conflicts raging on across the world, U.S. Treasury Yields dropping to their lowest levels since August, gold prices have surged to historic highs in recent weeks. Gold closed December’s opening trading day at $2,071 after the U.S. Fed chair addressed a college in Atlanta and went against…

FridayJan 05, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) the West’s Strategy to Weaken China’s Minerals Dominance with its RapidSX(TM) Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, is in the process of perfecting and ultimately commercializing the separation and purification of critical metals This is in a move to slash reliance on Chinese rare earths technologies and its toxic by-products The company has made incredible headway over the years and is on track to commercially separate U.S.-friendly sources of REES, using its RapidSX(TM) technology, by 2025 The commissioning of its RapidSX Demonstration plant in Kingston, Ontario, earlier this year affirms its commitment to actualizing the goal of…

ThursdayJan 04, 2024 3:03 pm

Indians Recycle Jewelry as Gold Prices Surge

Indians are reportedly exchanging their gold jewelry for new pieces despite rising gold prices amid a wedding season-induced demand boom. India Bullion and Jewelers Association national secretary Surendra Mehta says that an increasing number of Indians are choosing to reuse their gold and predicts that high gold prices will continue to pressure imports for the next couple of months. Mehta notes that while many Indian consumers are buying gold to meet their wedding-related needs, they tend to stay away from the gold market once these needs are met. Gold prices have spiked worldwide in recent weeks, thanks to a combination…

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