Study Finds That Recycling Battery Minerals Produces Smaller Carbon Footprint

A new study conducted by a team of researchers from the Aalto University in Finland has found that the carbon footprint of raw materials acquired through recycling electric vehicle batteries is 38% less than that of virgin raw materials. In order to reach this conclusion, the researchers used simulation-based life cycle to account for water … Continue reading “Study Finds That Recycling Battery Minerals Produces Smaller Carbon Footprint”

Mining Report Shows Sector Made $230 Billion Profit Last Year

Moody’s Investor Service recently released a report which showed that following the 2015–2016 market downturn that led to an adjustment of volatile commodity prices, many mining companies adopted more conservative approaches and shifted their focus onto expanding liquidity, productivity and cost cutting. The market downturn was a period in which there was a decline in … Continue reading “Mining Report Shows Sector Made $230 Billion Profit Last Year”

Poll Finds M&A Activity in the Mining Sector Will Grow Due to Covid-19 Effects

The mining industry may soon experience an increase in merger and acquisition activity, especially with overhauling of balance sheets and strong commodity prices, according to a recent poll. Verdict carried out a poll that analyzed how the coronavirus pandemic, which impacted different sectors and many economies around the world, will affect M&A activity within the … Continue reading “Poll Finds M&A Activity in the Mining Sector Will Grow Due to Covid-19 Effects”

British Columbia Report Shows Increase in Mineral Exploration Expenditure

EY, a global consultancy firm, recently released its annual British Columbia Mineral and Coal Exploration Survey 2020 report. The report discovered that the exploration price index surged by 26% by August 2020, despite the almost 11% decline in global exploration expenditures. The report notes that while base metals such as copper fluctuated and recorded the … Continue reading “British Columbia Report Shows Increase in Mineral Exploration Expenditure”

Tesla Inc. (NASDAQ: TSLA) to Provide Technical Advice During Caledonian Nickel Mining

Last year, Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk stated that he’d award a huge contract to any miner that could extract nickel in a way that was environmentally sustainable. Recently, Musk stated that his biggest concern was how to increase the supply of nickel, which is needed for electric vehicle (“EV”) batteries. This is … Continue reading “Tesla Inc. (NASDAQ: TSLA) to Provide Technical Advice During Caledonian Nickel Mining”

Cross-Border Mining Sector Deals Total $2.4B in Last Quarter of 2020 in North America

During the last quarter of 2020, the mining and metals industry in North America registered a 6.98% decline in cross-border deal activity. This is according to the most recent data from analysis conducted by GlobalData, which compared numbers from 2020’s last quarter to the average of the last four quarters. While the average of the … Continue reading “Cross-Border Mining Sector Deals Total $2.4B in Last Quarter of 2020 in North America”

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