NewsRoom Articles - Page 86 of 191

ThursdaySep 07, 2023 3:31 pm

Taliban Reveals It Has Penned $6.5B Worth of Mining Deals

Nearly two years after Taliban fighters marched into Kabul and took over Afghanistan’s ruling capital, the militia says that it has signed seven mining contracts worth $6.5 billion. According to an Associated Press report, the Taliban claims to have signed the mining contracts with local companies with ties to Turkey, China and Iran. Abdul Ghani Baradar, the Taliban government’s deputy prime minister for economic affairs, provided scant details about the mining deals but noted that the deals would create thousands of new job opportunities and bolster Afghanistan’s struggling economy. Afghanistan is one of the poorest countries in the world. Its…

ThursdaySep 07, 2023 11:00 am

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) Is ‘One to Watch’

A field project review in June 2023 confirmed widespread mineralization at Appia’s Ionic Clay Project in Brazil The company’s highly experienced management team has more than 100 years of combined experience in the metals and minerals industry Appia’s Alces Lake project contains some of the highest-grade total critical REE mineralization in the world As of June 2023, the company had no debt Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) is a mineral exploration company focused on exploration activities at its newly acquired Cachoeirinha rare earths project (“PCH Project”) in Brazil, as well as delineating high-grade critical rare earth…

ThursdaySep 07, 2023 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Demonstrates Power of REE Processing During US Embassy Staff Visit to Kingston Plant

Ucore Rare Metals Inc. is a supply chain innovator dedicated to establishing North American production of tech-critical rare earth elements (“REEs”), a resource currently dependent upon Chinese industry priorities and governmental policies Ucore recently hosted representatives from the U.S. Embassy in Canada for an exclusive tour of the company’s proprietary RapidSX(TM) REE processing demonstration facility in Ontario The tour underscores the importance of international collaboration in establishing a North American supply for REEs and the strategic importance of such a supply chain to varied national interests Ucore intends to begin construction later this year on a commercial-scale REE production facility…

WednesdaySep 06, 2023 12:51 pm

BMI Predicts Lithium Shortfall in 2025

The world is set to experience a major shortfall in lithium supplies as early as 2025 thanks to surging demand for the metal. Lithium is a key ingredient in the development of batteries for electric cars, electronic devices, and energy-storage solutions for renewable energy sources such as solar and wind. As countries ramp battery electric vehicles and renewable energy infrastructure development, demand for lithium is expected to surge over the next decade. However, according to Fitch Solutions research unit BMI, global lithium demand will surpass what the market can supply within the next two years. In a recent report, the…

WednesdaySep 06, 2023 9:45 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) On Track for Expansion in 2023 Amid Growing Oil and Gas Market in Canada

After a banner year in 2022, Prospera Energy remains poised for rapid growth in 2023; Prospera Energy Inc. recently announced the start of a 10-well horizontal drilling campaign that is intended to capture significant remaining heavy oil reserves The company aims to demonstrate that the coexistence of growth and sustainability is possible; seeks to capitalize on the high-margin potential of its core Canadian properties while steering the oil industry towards greener oil operations and a more sustainable future The company’s high aspirations come amid a burgeoning oil and gas market in Canada, for which 2023 is expected to be one…

WednesdaySep 06, 2023 9:00 am

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Poised to Grow in Country with Exceptional Economic Forecast

Guyana president reports country has experienced a threefold increase in its economy since 2020 Projections forecast continued average annual growth rate for the country of 25% between 2023 and 2026 Within this environment, Reunion Gold is moving its Oko West project forward on the path to development, which could further contribute to the country’s growth As Guyana reports continued economic growth and recovery, Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) is strengthening its position as a leading gold explorer in the Guiana Shield. “Guyana has undergone a remarkable economic transformation, experiencing a threefold increase in its economy since 2020,” reported the…

TuesdaySep 05, 2023 12:28 pm

Cosmic Mineral Could Solve Rare Earth Shortage Around the World

China’s monopoly over the global rare earth metal market is a consistent thorn in the side of the United States and other nations that share its interests. As the world transitions to renewable energy over the next few decades, experts worry that China’s dominance in the key rare earth metals supply chain will grant it unprecedented leverage over the U.S., its largest rival. Interestingly, a mineral that typically occurs in space may be the key to weaning the U.S. off of China and achieving some semblance of independence in the rare earth metal market. Cambridge University Department of Materials Science…

TuesdaySep 05, 2023 10:30 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) CEO Discusses Metal-Rich Properties, Potential in Recent Podcast

Tellurium is listed by the United States and Canadian governments as a critical metal “We have an interesting critical metal that is going to be much of demand in the future as well as high-grade precious metals,” states FSTTF CEO The company’s two properties — Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado — anchor a diversified search for metals Tellurium is gaining recognition in a world increasingly focused on renewable sources of energy. Listed on both the U.S. (https://ibn.fm/bF1X8) and Canada (https://ibn.fm/jfQXH) list of critical metals, tellurium is a key component of solar panels. First Tellurium’s…

TuesdaySep 05, 2023 9:00 am

As REE Miners Face Impediments to Refining Independence, Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Develops Supply Chain Technology Based in North America

Ucore Rare Metals Inc. is demonstrating the rare earth feedstock refining capabilities of its proprietary RapidSX(TM) processing technology at an Ontario facility while preparing to build a commercial plant in Louisiana, developing a North America-based supply chain for critical tech metals Rare earth element (“REE”) processing is currently almost exclusively controlled worldwide by the People’s Republic of China, and governments as well as industry players are searching for solutions to develop rare earth sourcing not reliant on Chinese industry and its government’s policies Companies that have been involved in mining REEs have thus far encountered significant impediments to their efforts…

FridaySep 01, 2023 1:21 pm

Geopolitics Puts Indonesian Nickel in the Crosshairs

Nickel will play a crucial role in global climate change efforts due to its use in batteries, particularly electric vehicle batteries and energy storage options. As the United States and other countries transition from traditional cars to battery electric vehicles (BEVs) and replace greenhouse gas-emitting fossil fuels with renewable energy, global demand for lithium is expected to explode. However, geopolitics may complicate America’s transition to electric vehicles and hamper its vision for a carbon-free economy. For example, China has made significant investments in the supply chain for battery metals and currently controls most of the globe’s nickel extraction and refining,…

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