NewsRoom Articles - Page 94 of 184

ThursdayApr 20, 2023 11:05 am

Germans’ Debate on Nuclear vs. Renewable Energy Continues Amid Station Shutdown

More and more countries are working to adopt greener energy sources and reduce their greenhouse gas emissions. Turning to solar and wind energy to meet demand will not only reduce the use of coal but also help countries meet the targets set in the 2015 Paris Agreement. The Paris Agreement establishes an international framework to steer clear of catastrophic climate change by keeping global warming below 2o C and trying to reach a 1.5o C limit. Earlier this week, Germany closed its remaining atomic power stations amid conflict between two groups: politicians and conservative commentators on one side with greens…

ThursdayApr 20, 2023 9:45 am

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Committed to Strengthening, Benefitting Local Communities

BMR completes “mutually beneficial agreements” with two Chilean communities Company committed to develop productive, ethical and transparent relationships with surrounding neighborhoods BMR also finalizes comprehensive policy, strategy and implementation guide In its ongoing commitment to ESG as well as supporting and partnering with the communities where it operates, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) has been announcing key community and social initiatives at its Chile-based Punitaqui Project (https://ibn.fm/Rexrs). Specifically, the company has completed agreements with the Potrerillos Community (Comunidad Agricola Potrerillos) and the Punitaqui Community (Comunidad Agricola Punitaqui). “We are delighted to have reached these mutually beneficial agreements with…

WednesdayApr 19, 2023 3:13 pm

Copper Rallies, But Analysts Say Gains May Be Temporary

A recently conducted survey by Focuseconomics shows that some analysts upped their predictions for the price of copper in the final quarter of this year. The Barcelona-based company involved more than 24 investment banks and market research firms in its survey. While the price of copper hit $9,200 per ton after a week of strong gains last week, the consensus prediction for the average prices of the red metal in Q4 2023 still remains below current levels, at $8,575/ton. The highest forecast, by Commerzbank, stands at $10,050 per ton while the lowest, by Euromonitor, stands at $6,500 per ton. The…

WednesdayApr 19, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Invest $75 Million to Establish North America’s First Modern Technology REE Separation And Purification Facility in Alexandria, Louisiana

Ucore recently announced it is investing $75 million over the next four years to set up the Louisiana Strategic Metals Complex (“LSMC”) REE separation and oxide production facility The facility will cover a footprint of 80,800 square feet and will be located within the England Airpark Community complex in Alexandria, Louisiana Ucore expects to produce 7,500 tons per annum of total rare earth oxide (“TREO”) throughput and create 100 family-wage paying jobs The facility is one of three strategic metals complexes that Ucore plans to set up across North America as part of efforts to help the continent take charge…

TuesdayApr 18, 2023 1:32 pm

How the West Could Be Impacted By China REE Export Ban

China may soon ban rare earth metal exports, following a decision by the United States to impose restrictions on semiconductor exports to Beijing. This won’t be the first time China suggested such a ban, as formal threats began circulating more than two years ago. Rare earth metals are used in the components of most devices we use in our everyday lives, including smartphones, computers and TVs. They are also used in wind turbines as well as in the batteries of electric vehicles. Military technology used in the U.S. is dependent on these metals, as well, with the F35 fighter jet…

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…

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