NewsRoom Articles - Page 94 of 212

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…

WednesdayJan 03, 2024 11:05 am

Could This Be Ideal Time to Add Gold ETFs to Your Investments?

Gold prices have surged in recent months as falling treasury yields, a weak dollar and significantly increased safe-haven appeal bolstered the metal’s value. The ongoing conflict in Gaza has also had a positive effect on gold prices, increasing the precious metal’s value in the days and weeks after the initial invasion by Hamas and supporting its prices as investors remain wary of the conflict triggering a war in the broader oil-producing region. With several armed conflicts raging around the world and gold making regular gains, many investors are considering adding gold to their portfolios to gain some stability and protect…

TuesdayJan 02, 2024 1:44 pm

Fund Managers Rethink Copper Prices as Supply Situation Evolves

An unexpected drop in global copper supplies has left fund managers rethinking copper prices amid uncertain supplies and predicted shortages. Prior to the sudden drop in copper supply, experts predicted a market surplus that would last well into 2024 and support the steady increases in copper demand as the EV and green-energy industries grew. However, the closure of a major mine in Panama and reduced copper production by South American miners have cost the global supply an estimated 600,000 tons of copper and have plunged the market into a potential supply deficit. First Quantum's Cobre Panama mine had to shut…

FridayDec 29, 2023 12:46 pm

What is the Right Quantity of Silver in Your Investment Portfolio?

For centuries, silver has been used as a store of value, similar to other precious metals. Silver is used in various industries, with one of its primary uses being in solar energy as a conductor for photovoltaic cells. The metal also has a variety of technological applications, including its use in 5G connectivity. It is expected that silver’s industrial demand will continue to grow, particularly as the shift to renewable sources of energy gains traction. In recent times, this industrial metal has also become a popular option for investment. However, knowing the right quantity of silver to include in an…

ThursdayDec 28, 2023 12:44 pm

Records Show Chinese Imports of Coal from Australia, Indonesia Spiked in November

Latest figures show that coal imports into China from Indonesia increased by about 16% in comparison to import figures from October. In the same period, coal imports from Australia also rose by almost 30%, with the increase being attributed to utilities restocking in preparation for power generation through the winter. The General Administration of Customs also released data showing coal shipments from Indonesia, most of which are under annual supply contracts, hit 18.3 million metric tons in November. The coal has an energy content of about 3,800 kcal. China is currently the biggest buyer of coal, with total coal imports…

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