Category Archives: Metals

#CO2 Solutions – Saint-Félicien Project Update

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The CO2 capture unit is currently undergoing pre-operation verifications of each of the unit’s systems, after which the unit is expected to begin its operation and the first tonnes of CO2 are expected to be captured. Shortly thereafter, the Corporation expects to ramp up the overall capture rate to reach the unit’s nominal capacity of 30 tonnes of CO2 per day. Once the capture unit reaches its nominal capacity, a six-month demonstration period is expected to begin, after which the Corporation would begin generating revenues from the sale of the CO2 to Serres Toundra.

Read more at: https://www.newswire.ca/news-releases/co2-solutions-announces-fiscal-2019-second-quarter-results-and-saint-felicien-project-update-874632512.html

#Forbes: CarbonCure Technology Says Goodbye To Carbon Dioxide, Hello To Greener Concrete

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The company uses CO2 sourced from industrial emitters. The technology is retrofitted into existing concrete plants, and equipment injects the CO2 into a hopper or central mixer.

“Once injected into the wet concrete mix, the CO2 reacts with calcium ions from cement to form a nano-sized calcium carbonate mineral that becomes permanently embedded in the concrete,” the Halifax, Nova Scotia, company explains on its website.

Read more at: https://www.forbes.com/sites/jeffkart/2019/02/23/carboncure-technology-says-goodbye-to-carbon-dioxide-hello-to-greener-concrete/#d93a13673110

#Chile: #Copper and #Lithium Giant Squeezing Water Rights for Miners

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In a belated response to falling fresh-water levels in desert areas, Chile is moving to protect a natural resource that has been depleted after decades of mining activity.

With complaints from local communities rising and the effects of climate change worsening, the world’s largest copper producer is planning to implement measures that will make it more difficult for miners to pump fresh water.

Read more at: https://www.bloomberg.com/news/articles/2019-02-21/chile-squeezing-water-rights-for-copper-lithium-miners-in-north

#India, #China contribute most to global greenery: #NASA

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WASHINGTON: India and China are leading the way in greening lands, thanks to ambitious tree-planting programs and intensive agriculture in both countries, NASA satellite data has shown.

The world is getting literally greener than it was 20 years ago, the study published in the latest edition in Nature Sustainability said.

It showed that at least 25 per cent of the global foliage expansion since the early 2000s came from China, with India close behind.

This surprising new development detected by NASA satellites showed that the two nations with the world’s biggest populations were leading the way with their ambitious tree planting programs and intensive agriculture.

Read more at:
http://timesofindia.indiatimes.com/articleshow/67972829.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

#Nasdaq: #Bolivia picks #Chinese partner for $2.3 bln #Lithium project

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#LA PAZ, Feb 6 (#Reuters) – #Bolivia has chosen a #Chinese consortium to help it produce #Lithium, the government, giving #China a potential foothold in the country’s huge untapped reserves of the prized electric battery metal.

China’s Xinjiang TBEA Group Co Ltd will hold a 49 percent stake in a joint venture with Bolivia’s state lithium company YLB, the Bolivian firm said. Together, the two companies will produce lithium and other materials from the Coipasa and Pastos Grandes salt flats in the Bolivian Andes, with an estimated investment of at least $2.3 billion.

Read more at: https://www.nasdaq.com/article/bolivia-picks-chinese-partner-for-23-bln-lithium-project-20190206-00951

Billionaire Robert Friedland Plans World’s No. 2 #Copper Mine

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Billionaire investor Robert Friedland said the copper deposit Ivanhoe Mines Ltd. is developing in the Democratic Republic of Congo has the potential to become the world’s No. 2 mine for the metal.

“Kamoa-Kakula will become the world’s second-largest copper mine with peak annual production of more than 700,000 tons of copper metal,” Ivanhoe founder Friedland said Wednesday at a mining conference in Cape Town.

Friedland announced the findings of an independent pre-feasibility study after Ivanhoe invested $800 million in exploration and development. The capacity of the project’s first phase, producing 6 million tons of ore a year, could later be tripled, the company said. Initial mine grades will average 6.8 percent copper, with production expected to start in 2021.

Read more at: https://www.bloomberg.com/news/articles/2019-02-06/ivanhoe-says-congo-project-can-become-world-s-no-2-copper-mine-jrt295uf

#Indonesia plans electric vehicle incentives for foreign car makers

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#JAKARTA, Jan 29 (#Reuters) – #Indonesia is finalizing a new electric vehicle (#EV) policy that will offer fiscal incentives to foreign car makers, as it ramps up efforts to become a #Lithium battery hub, its deputy industry minister said on Tuesday.

“Our target is for 20 percent of all cars produced in Indonesia to be electric vehicles by 2025,” Harjanto said, adding he had been in talks with Japanese and Korean car makers.

Indonesia, second largest car production hub in Southeast Asia after Thailand, plans to introduce a fiscal scheme that will offer tax cuts to EV battery producers and automakers, as well as preferential tariff agreements with other countries that have a high EV demand, the deputy minister told reporters.

Read more at: https://www.nasdaq.com/article/indonesia-plans-electric-vehicle-incentives-for-foreign-car-makers-20190129-00217

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