NewsRoom Articles - Page 99 of 194

WednesdayJun 21, 2023 11:37 am

Technology Helping Search for Better Fertilizers

The development of modern fertilizers revolutionized food production around the world and allowed farmers to produce higher quality food in larger amounts. With the world population experiencing a boom in the early 1900s when fertilizers debuted, their invention played a significant role in supporting the growing population on limited farmland. Calcium nitrate was the first-ever synthetic nitrogen fertilizer, developed in 1903 from nitric acid through the electric arc process. The Haber-Bosch process, developed by Fritz Haber in the early 1900s, allowed scientists to manufacture ammonia and deliver high levels of nitrogen to growing plants. Over the following years, scientists developed…

WednesdayJun 21, 2023 10:30 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Lays out Transformational ESG Program Guidelines

Eloro Resources has recently published its ESG program, the next step on its journey toward creating sustainable long-term value for its shareholders The policy lays out the company’s objectives within the fields of corporate governance, corporate social responsibility and environmental production Eloro Resources has increasingly looked to align its operations with the requirements of its growing stakeholder base The company is set to publish its inaugural ESG report in 2023 Mining companies are increasingly seeking to embed sustainability in the way in which they do business as well as across their corporate strategies. Similarly, Eloro Resources (TSX: ELO) (OTCQX: ELRRF)…

WednesdayJun 21, 2023 9:45 am

Audio Broadcast Details Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Achievements in Sustaining Domestic REE Production

Ucore Rare Metals Inc. is a critical metals process developer intent on establishing North American-based resources for rare earth element (“REE”) production The company has developed its trademarked RapidSX(TM) process for separating REEs from ore deposits, describing it as a faster and more environmentally friendly solution than the industry standard process Ucore regards the establishment of a North American-based supply chain for REEs as a critical need to maintain the industry’s independence from China-dominated sourcing and processing The U.S. Department of Defense recently awarded Ucore $4 million to demonstrate the capabilities of RapidSX(TM) A new NetworkNewsWire (“NNW”) audio broadcast and…

TuesdayJun 20, 2023 12:14 pm

Heat Wave in East Asia Triggers Spike in Coal Use

East Asian nations have cranked up their use of coal in energy generation amid an unexpected heat wave that forced them to increase their energy production. South Korea, Japan, China and Taiwan are expected to increase coal use in their electricity generation as soaring temperatures increase power use by both households and businesses. Asia has experienced record-breaking levels of heat for the past several months, with monitoring stations in Myanmar, Thailand, China, Laos and South Asia reporting record heat levels in April. The region has seen such high temperatures that schools were forced to close and authorities in some regions…

FridayJun 16, 2023 12:47 pm

Data Shows China Continuing Gold Buying Trend

After a year or so of relatively lackluster performance, the gold market surged in 2022 as several countries significantly increased their gold purchases as part of efforts to build up their reserves. By the time 2022 drew to a close, central banks around the world had purchased a whopping 1,136 tons of gold, pumping around $70 billion into the market. China’s central bank was among the largest buyers of gold through 2022 and into 2023, buying nearly one-half of the global gold purchases in 2022 (522 tons) and 244 tons in January and February. Beijing has increased its gold purchases…

FridayJun 16, 2023 9:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Set to Capitalize on the Concentrated Natural Graphite Supply Chain

The graphite supply chain is geographically concentrated with nearly 65% of output currently produced in China The U.S. pursued to promote further investment and geographical diversification within the sector, with credits granted to electric vehicles produced with critical minerals that are not supplied by ‘foreign entities of concern’ Reflex Advanced Materials are working towards demonstrating the positive economics of the past producing, Ruby Graphite mine in Montana, USA The company recently revealed that they are in talks with prospective North American customers and are beginning the material qualification programs for end use potential offtake clients down the line A battery’s…

ThursdayJun 15, 2023 12:58 pm

ESG Principles Are Changing the Mining Landscape

The adoption of Environmental, Social and Governance (ESG) principles has increased greatly in the recent years, with more organizations being called to strengthen their commitment to sustainability. Last month, Dean Slocum, founder of Acorn International LLC, and Chris Anderson, a strategic partner at the firm, provided ESG risk management advice for industrial and extractive sectors globally. Acorn International LLC is mainly focused on capacity building, due diligence, environmental and social studies, and stakeholder engagement. Slocum gave the example of the Grasberg operation, explaining that while the mine was operationally successful, societal risks were harder to handle. Grasberg, which has been…

WednesdayJun 14, 2023 12:44 pm

Dropping Prices of Natural Gas Cause European Countries to Switch Energy Sources

More than a year after Russia cut natural gas supplies to the rest of Europe and significantly exacerbated an ongoing energy crisis, it seems the region is seeing a drop in natural gas prices. A recent analysis by S&P Global Commodity Insights reveals that a drop in natural gas prices has contributed to fuel switching among major European economies. The analysis also stated there was little likelihood of coal-fired energy generation declining even further. Natural gas prices have performed poorly in recent weeks, and this seems to have changed the dynamic of the market, specifically by pushing more energy producers…

TuesdayJun 13, 2023 10:44 am

Nearly One in Four Central Banks Worldwide Intend to Bolster Gold Holdings

Central banks around the world have significantly increased their gold purchases in recent months. The World Gold Council reported that central banks had built up their gold reserves at a record pace in the first two months of the year, collectively purchasing 125 tons of gold. Singapore, Turkey, China, Russia and India made the largest gold purchases in January and February, with Russia providing a gold reserve update for the first time in close to a year. A recent poll by the World Gold Council has revealed that plenty of central banks won’t be stepping back from gold any time…

TuesdayJun 13, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finalizes Department of Defense $4 Million Agreement for Demonstrating Critical REE Solution

Canada-based Ucore Rare Metals Inc. is devoted to establishing a North American-based supply chain for rare earth elements to reduce the Western hemisphere’s dependence on China’s market-dominant industries for modern technologies The company has developed a trademarked process for separating rare earths from their surrounding ores Ucore is preparing to begin construction of a commercially scalable facility in Louisiana for using its solution The U.S. Department of Defense awarded the company $4 million in an agreement this month that calls on Ucore to demonstrate the capabilities of its technology and the company’s ability to use it for sustaining North American…

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