Category Archives: Energy

GERMANY TO URGE NEXT #BOLIVIAN LEADERS TO REVIVE #LITHIUM DEAL

BERLIN (Reuters) – Germany will seek talks with Bolivia’s next government to revive a deal to exploit jointly huge lithium reserves in the Andean country, as it works to secure supplies for production of electric cars in Europe’s largest economy, officials said. Bolivia and Germany signed a lithium joint venture in 2018 following three years of intense lobbying from Berlin, which said a small family-run company from Germany was a better bet than its … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on GERMANY TO URGE NEXT #BOLIVIAN LEADERS TO REVIVE #LITHIUM DEAL

GERMANY TO URGE NEXT BOLIVIAN LEADERS TO REVIVE LITHIUM DEAL

Bolivia and Germany signed a lithium joint venture in 2018 following three years of intense lobbying from Berlin, which said a small family-run company from Germany was a better bet than its Chinese rivals. But the partnership between Bolivia’s state-owned lithium company YLB and Germany’s privately-owned ACI Systems hit a snag when a governor annulled the decree in November amid political turmoil. The new head of YLB, Juan Carlos Zuleta, told Reuters last week … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on GERMANY TO URGE NEXT BOLIVIAN LEADERS TO REVIVE LITHIUM DEAL

REUTERS: CHINA TO BUY RARE EARTHS FROM US AS PART OF TRADE PACT

(Reuters) – China has agreed to buy two types of rare earth metals from the United States as part of an initial trade deal inked on Wednesday, a move likely to boost U.S. production of the strategic minerals. The agreement, signed in Washington by Chinese Vice Premier Liu He and U.S. President Donald Trump, gives China two years to ramp up purchases of hundreds of U.S. products, including scandium and yttrium, two of the … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on REUTERS: CHINA TO BUY RARE EARTHS FROM US AS PART OF TRADE PACT

CANADA UNLIKELY TO SEE LONG-TERM BENEFITS OF #US RARE EARTH DEAL

Rare earths need research to get off the ground in N.W.T., says proponent of Nechalacho project Canada and the U.S. face stiff competition in the search for independence from China’s supply of the rare earth minerals used in phones, clean technology and missiles, says rare earths expert Anton Chakhmouradian. An agreement signed between Canada and the U.S. is more likely to stimulate research and exploration than it is to translate into economic benefits from … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on CANADA UNLIKELY TO SEE LONG-TERM BENEFITS OF #US RARE EARTH DEAL

CNN BUSINESS: NEW #LITHIUM-SULFUR BATTERY COULD CHARGE YOUR PHONE FOR FIVE DAYS, RESEARCHERS SAY

London (CNN Business)Australian researchers claim they have developed a battery that can keep a smartphone charged for five days or power an electric car for 1,000 kilometers (over 600 miles). If the technology comes to be used widely, it would represent a significant breakthrough in the hunt for greener, more efficient energy. The team from Monash University in Melbourne says the lithium-sulfur battery it has created is the “world’s most efficient,” and can outperform … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on CNN BUSINESS: NEW #LITHIUM-SULFUR BATTERY COULD CHARGE YOUR PHONE FOR FIVE DAYS, RESEARCHERS SAY

FORBES: UNSTABLE MINERAL SUPPLY THREATENS ELECTRIC CAR, GREEN PROJECTS, JUSTIFIES UNDERSEA, SPACE MINING; REPORT

The advent of the electric car is threatened by a few known knowns like range anxiety, high prices, and a thin recharging network, but now, according to a report from the University of Sussex, lurking in the background are possible shortages of the raw materials at the heart of this low-carbon revolution, which threaten to derail the whole project. Making sure of adequate supplies is so important, mining under the sea, or even on … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on FORBES: UNSTABLE MINERAL SUPPLY THREATENS ELECTRIC CAR, GREEN PROJECTS, JUSTIFIES UNDERSEA, SPACE MINING; REPORT

ORNL RESEARCHERS ADVANCE PERFORMANCE BENCHMARK FOR QUANTUM COMPUTERS

Researchers at the Department of Energy’s Oak Ridge National Laboratory have developed a quantum chemistry simulation benchmark to evaluate the performance of quantum devices and guide the development of applications for future quantum computers. Their findings were published in npj Quantum Information. Quantum computers use the laws of quantum mechanics and units known as qubits to greatly increase the threshold at which information can be transmitted and processed. Whereas traditional “bits” have a value … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on ORNL RESEARCHERS ADVANCE PERFORMANCE BENCHMARK FOR QUANTUM COMPUTERS

REUTERS: USARMY WILL FUND RARE EARTHS PLANT FOR WEAPONS DEVELOPMENT

(Reuters) – The U.S. Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters. The move would mark the first financial investment by the U.S. military into commercial-scale rare earths production since World War Two’s Manhattan Project built the first atomic bomb. It comes after … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on REUTERS: USARMY WILL FUND RARE EARTHS PLANT FOR WEAPONS DEVELOPMENT

VALE TO EXIT NEWCALEDONIA, EYES INDONESIA TO BOOST NICKEL OUTPUT

LONDON (Reuters) – Brazil’s Vale SA plans to exit its troubled New Caledonia assets but still aims to ramp up nickel output ahead of rising demand for electric batteries, executives said on Wednesday. The planned divestment of nickel operations in New Caledonia comes after Vale said last month it would write down the mine and incur a non-cash impairment charge of about $1.6 billion in the fourth quarter. A year ago, the world’s top … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on VALE TO EXIT NEWCALEDONIA, EYES INDONESIA TO BOOST NICKEL OUTPUT

TRUDEAU GOVERNMENT INVESTIGATING HOW #CANADIAN MINING INDUSTRY CAN PROVIDE RARE-EARTH MINERALS CRITICAL TO NEW ECONOMY

Collaboration on critical minerals with Washington could attract investment to Canadian exploration and mining projects as well as spur job creation OTTAWA — The Trudeau government is digging for intelligence on the role Canada’s mining sector could play in providing the United States and other key trading partners with crucial minerals and metals — from cobalt to tellurium — considered building blocks of the new economy. Natural Resources Canada plans to hire a British … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off on TRUDEAU GOVERNMENT INVESTIGATING HOW #CANADIAN MINING INDUSTRY CAN PROVIDE RARE-EARTH MINERALS CRITICAL TO NEW ECONOMY