NewsRoom Articles - Page 92 of 181

TuesdayApr 18, 2023 9:45 am

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Working to Be ‘Premier, Responsible’ Supplier in Burgeoning EV Battery Sector

EV sales in worldwide and nationwide forecast for “strong acceleration” U.S. EV market projected to reach more than $61B this year with an annual growth rate of 22.79% through 2027 Battery Mineral’s mission is the discovery, acquisition and development of battery metals In what a U.S. Bureau of Labor Statistics (“BLS”) article is calling “one of the fastest-growing manufacturing industries in the economy” (https://ibn.fm/Pfv6a), the electrical equipment and manufacturing industry is largely driven by growth in the electric vehicle (“EV”) sector. A growing player in that space, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) is positioning itself to benefit from…

MondayApr 17, 2023 1:43 pm

Copper and Nickel: Major Players of the Energy Transition

As the world phases out the use of coal in favor of cleaner energy, the production and use of electric vehicles continues to grow. While metals such as lithium have played a big role in the energy transition, the unsung players in this transition are copper and nickel. The price, availability and sustainability of these two metals are critical for the growth of the electrical vehicle fleet globally. The red metal, in particular, is essential to all plans involving the energy transition, as deeper electrification requires wires, which are primarily made from copper. Nickel is the cathode material utilized in…

MondayApr 17, 2023 10:30 am

Cartier Silver Corp. (CSE: CFE) Follows in Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) Footsteps Within Bolivia’s Potosi Region

Cartier Iron opted to change its name to Cartier Silver in October 2022, part of a wider pivot within its business plan The revamped company, which is both a sister company and minority shareholder in Eloro Resources (TSX: ELO), recently optioned 100% of the zinc-silver Los Chorrillos Project, within Bolivia’s Cerro Rico region The company, which boasts the same, experienced management team as Eloro Resources’, recently completed their initial capital raise of $3 million Proceeds from the capital raise will be used to finance initial exploration at the Los Chorillos site In October 2022, when Cartier Iron made a dramatic…

MondayApr 17, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Scale its Maximum Production Rate to 7,500 TPA Following the Selection of LSMC REE Separation and Oxide Production Facility

Ucore just announced the selection of an 80,800 square-foot brownfield facility located in England Airpark in Alexandria, Louisiana, that will serve as the company’s LSMC REE separation and oxide production facility The company is confident that the establishment will expand its maximum production rate from the current 5,000 TPA to 7,500 TPA in TREO throughout by 2027 The facility is expected to create 298 indirect jobs, for a total of 398 new jobs in Central Louisiana. It is also set to bring the total potential value of state grants, tax incentives, 1payroll rebates, and other benefits to US$15 million Ucore…

FridayApr 14, 2023 12:00 pm

Report Shows Phasing Out Coal Happening Too Slowly to Avert Climate Crisis

A recent report has found that if we are to meet the objectives set out the 2016 Paris agreement, we need to shut down coal-fired plants globally at a faster rate while also halting the construction of new plants. The report, compiled by the Global Energy Monitor, stated that all coal power plants would need to be closed by 2040 with no new ones being built for the goals stipulated in the agreement to be achieved. Global Energy Monitor is a nongovernmental organization that studies the evolving global energy landscape, creating reports, databases and interactive tools. Developed economies will also…

ThursdayApr 13, 2023 1:51 pm

Latest Data Shows Drop in Fertilizer Prices

Last week, it was reported that the average retail prices for fertilizer had dropped from their end-of-March prices. Despite the prices being lower, only the anhydrous fertilizer was significantly less expensive. Anhydrous ammonia (NH3) is a widely used and efficient source of nitrogen fertilizer. It is readily available to producers because it is relatively easy to apply. It should be noted, however, that if not handled properly, this fertilizer can be dangerous. Data shows that the nitrogen fertilizer was 5% lower in comparison to March’s figures, going for $1,026 per ton. The prices of other fertilizers, including DAP, MAP, urea,…

WednesdayApr 12, 2023 3:43 pm

Biden Hopes to Leverage Renewables to Revive Coal Communities

It is clear that the world needs to turn away from fossil fuels such as coal and oil as a primary means of energy generation. Fossil fuels have contributed to the majority of greenhouse gas emissions, and their use poses a significant threat to personal and public health. However, moving away from coal, the dirtiest fossil fuel, will undoubtedly have a negative impact on communities that rely on coal mining and other coal-related activities as a source of income. This has been one of the primary arguments for opponents of the green-energy transition: the green-energy transition could potentially rob thousands…

TuesdayApr 11, 2023 2:19 pm

Zinc Production to Recover in 2023 Though Scheduled Mine Closures Could Dampen Results

The production of zinc around the globe is expected to experience volatility throughout the year as geopolitical factors impact the supply chain. In April 2020, the coronavirus pandemic caused the demand for zinc to decline significantly, as zinc-intensive sectors such as transportation and construction significantly slowed or shut down entirely. Zinc prices fell that month, with worries of a supply surplus and risk-off sentiment also reducing investor interest in the metal greatly. However, the supply surplus turned into a supply shortfall of 1 million tons in 2021 as demand began to increase. This recovery proved to be short lived as…

TuesdayApr 11, 2023 9:00 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Is ‘One to Watch’

Reflex Advanced Materials has begun the qualification process and boasts established relationships with more than 25 key North American customers, putting it years ahead of the competition in the lengthy graphite sales cycle The company has executed two critical product development and material research partnerships in an effort to diversify risk and improve margins Reflex Advanced Materials expects to begin fulfilling major graphite orders in 2024, with supply, processing partners and demand already in place The U.S. Department of Energy is in the process of awarding $2.8 billion to expand domestic manufacturing of batteries for electric vehicles, and the company…

MondayApr 10, 2023 1:21 pm

Melting Glaciers Expose Fossil Fuels, Precious Metals, Possibly Microbes

Around 10% of the world’s land, or 5.8 million square miles, is covered in glacial ice. Most of these glaciers were formed in the last ice age, with the largest ones forming in Antarctica, followed by Alaska. However, years of unprecedented global warming have caused glaciers to start melting at a faster-than-usual rate. Experts estimate that if global warming continues at current rates, the world will lose a whopping 68% of its ice glaciers by the year 2100. In the meantime, melting glaciers are uncovering terrain hidden for thousands of years, revealing ancient artifacts, mineral deposits and even potentially dangerous…

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