March 2023 - Page 4 of 4 - MiningNewsWire

TuesdayMar 07, 2023 1:35 pm

UK Government to Avail $18M Funding for Rare Earths Recycling Research

The United Kingdom government has announced a major investment in technologies and techniques for recycling rare earth elements. Rare earth metals or elements are a group of 17 minerals that play a crucial role in the production of consumer electronics, computing equipment, medical imaging, defense systems and more. As more countries move toward clean, renewable energy in a bid to combat climate change, rare metals will be critical in the development of electric vehicles (EVs) and clean-energy technologies. Essential rare metals include cerium, neodymium, scandium and yttrium. Demand for these metals is poised to surge in the coming years as…

TuesdayMar 07, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Develops North American Rare Earth Element Technology Amidst Tensions with China

Rising tension between the US and China requires the country to create new avenues of sourcing and processing REE for use in high-demand industries – increasingly pointing to a North American supply chain for REE facilitated by Ucore Ucore’s Unmatched RapidSX(TM) technology combines conventional solvent extraction (“SX”) with a new column-based platform to significantly reduce time-to-completion as well as plant footprint, along with operating costs The global REE market is currently around $10 billion - $15 billion per year, with REE being the most efficient form of material for EV motors, enabling $10 trillion to $15 trillion industry-wide for EV…

MondayMar 06, 2023 1:53 pm

Indonesia Charts Own Path to Dominate Nickel Supply

Indonesia has been a major player in the global mining industry for quite a while. Since 2006, mining has contributed to an increasingly larger share of Indonesia’s GDP, thanks to significant exports of copper, coal, nickel, gold, bauxite and tin. Indonesia accounted for close to 20% of global nickel exports before its government imposed a ban on the sale of unprocessed nickel ore. In 2021, however, the country was responsible for 37% of the world’s total production of nickel and earned $20.9 billion from the export of nickel-based products. The ban on nickel ore exports was preceded by strong nationalistic…

MondayMar 06, 2023 9:00 am

McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Commitment to Electrifying Transport Receives Boost Following Subsidiary’s Closure of ARS $30 Billion Investment by Automotive Multinational Stellantis

McEwen Mining is an asset-rich diversified gold and silver producer in North and South America and has a large exposure to copper through its subsidiary, McEwen Copper McEwen Copper recently closed an investment by FCA Argentina S.A., a subsidiary of multinational automotive juggernaut Stellantis Valued at about USD 152.149 million, at the current official exchange rate of 0.0051 ARS/USD, the investment will help McEwen Copper advance the development of its 100% owned Los Azules copper project in Argentina McEwen Copper hopes to electrify and decarbonize mobility by quenching the growing demand for copper within the electric vehicle industry; thus, earning…

FridayMar 03, 2023 11:41 am

Report Highlights That China Accelerated New Coal Plant Approvals Last Year

A recently released report from the Center for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) has revealed that despite global efforts to decarbonize, China is moving forward with coal energy. The report shows that China is quickly approving and erecting new coal-fired power plants amid a global climate-change crisis and in spite of the country’s own promises to step away from coal. China approved an average of two new coal-fired power plants per week in 2022, undermining the country’s coal promises and underscoring its increasing reliance on coal for energy generation. GEM research analyst Flora…

FridayMar 03, 2023 11:15 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Present at PDAC 2023, the World’s Premier Mineral Exploration and Mining Conference in Toronto, Canada

The PDAC convention has grown since 1932, becoming the choice event for the world’s mineral industry, hosting more than 1,100 exhibitors and 2,500 investors Ucore’s presentation will focus on its RapidSX(TM) technology which provides a North American opportunity in the REE industry, removing dependency from China’s current industry domination Ucore is currently working on near-term and long-term processing facilities in Canada, Alaska, and Louisiana Registration for the world’s premier mineral exploration and mining convention, PDAC 2023, is currently open for attendees. The convention is known for attracting up to 30,000 attendees from over 130 countries, providing educational programming, network events,…

ThursdayMar 02, 2023 12:07 pm

How to Visually Look for Plant Nutrient Deficiencies

Cultivating healthy plants can be quite a delicate art as they need just the right amount of nutrients to thrive. Any more or any less than the plant needs and their growth will be affected, resulting in a lower-than-expected yield. Fortunately, most plants will show physical signs of nutrient deficiency if they aren’t getting the right balance of nutrients in the correct frequency. Plants require both macronutrients and micronutrients for healthy growth. Macronutrients include phosphorous, nitrogen, sulfur, calcium and potassium while micronutrients include boron, zinc, copper and chlorine. If your plants aren’t getting enough of either micro or macronutrients, their…

WednesdayMar 01, 2023 12:17 pm

Accidents in China’s Coal Mines Increase as Country Pushes for Higher Production

Over the last year, the number of accidents occurring at mines in China has increased considerably. Statistics from the government show that last week, at least 6 individuals lost their lives while 47 others remain missing days after an open pit mine in the northern region of Inner Mongolia in China collapsed. Inner Mongolia is the second largest coal producer in all of China’s 23 provinces. The incident comes after the National Mine Safety Administration released data showing that the number of mine accidents coincides with the country’s push to increase production of coal. China, which is the biggest consumer…

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Month: March 2023