Mining Veteran Wants to Build a $1 Billion Battery Metals Giant

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South #African mining veteran Brian Menell wants to build a battery material giant to help challenge #China’s domination of the nascent industry.

It’s still early days for his privately funded company, TechMet Ltd., which controls just a handful of assets from #Canada to #Rwanda. But he’s raising more money and sees countries such as the #US and #Japan as potential partners to help catch China in the rapidly growing industry to provide battery grade supplies of everything from tin and tungsten to #Nickel and #Cobalt.

Read more at: https://www.bloomberg.com/news/articles/2018-11-01/mining-veteran-wants-to-build-a-1-billion-battery-metals-giant

#Forbes: The Clock May Have Run Out On 1.5 Degrees, But There Are Still Things We Can Do

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The climate clock turned red at Berlin’s Mercator Research Institute, signaling that humanity had emitted so much carbon into the atmosphere that it could no longer fend off a 1.5-degree temperature increase without stopping emissions and sucking CO2 back in.

The Mercator Carbon Clock gives humanity 17 years before it exhausts the 2-degree carbon budget.

“We are nowhere close to a 1-degree world. We’re nowhere close to a 1.5-degree world. We’re going to overshoot 2 degrees. If we work like hell we might get 3 degrees, which will be awful.”

We need to control the carbon budget.

It means pursuing any and every kind of carbon policy: tax credits, feed-in tariffs, trading schemes, grants, financing mechanisms, emissions caps, a carbon tax.

It means encouraging carbon use in cement, concrete and fuels or converting CO2 into marketable products like nanotubes, carbon black or carbon monoxide. It means direct air capture. It means reusing CO2 for soda pop.

Read more at: https://www.forbes.com/sites/jeffmcmahon/2018/10/31/the-clock-may-have-run-out-on-1-5-degrees-but-there-are-lots-of-things-we-can-do/#7042d9882d6d

 

#Princeton University: Call for immediate push for #CO2-removal technology

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The escalating effects of climate change now demand a substantial research initiative to develop and launch “negative emissions technologies” (NETs) that remove and sequester carbon dioxide directly from the air, according to a recent report by the National Academies of Sciences, Engineering and Medicine.

Stephen Pacala, Princeton’s Frederick D. Petrie Professor of Ecology and Evolutionary Biology and co-director of the Carbon Mitigation Initiative, chaired the 24-member NAS committee that spent the year researching and writing the report.

According to the report, storing the carbon dioxide from NETs has the same impact on the atmosphere and climate as preventing an equal amount of carbon dioxide from being emitted in the first place. The committee also found that in addition to their effect on mitigating climate change, NETs also could have economic rewards as intellectual property rights and economic benefits will likely accrue to the nations that develop the best technology.

“Negative emissions technologies are essential to offset carbon dioxide emissions that would be difficult to eliminate and should be viewed as a component of the climate change mitigation portfolio,” said Pacala, who was director of the Princeton Environmental Institute (PEI) from 2006 to 2014 and is now a PEI associated faculty member.

Read more at: https://www.princeton.edu/news/2018/10/30/pacala-chairs-national-committee-calling-immediate-push-co2-removal-technology

Water fight raises questions over Chile lithium mining

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The true state of the #Salar’s water supply, both fresh and saltwater, has become an obsession of #Lithium industry watchers because of the area’s huge importance in satisfying soaring global demand for the powdery white metal. The area is the most cost-efficient place in the world to mine the metal, and both SQM and Albemarle have staked much of their future production on the Salar.

 

#Chile wants #Lithium to be traded on #LME

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#Chile has asked the #London Metals Exchange (#LME) to consider trading the coveted metal used in the batteries that power electric vehicles (EVs) and high-tech devices, and so provide greater “clarity” about its value.

Read more at: http://www.mining.com/chile-wants-lithium-traded-lme/

#Forbes: After A Tough 12 Months #Copper And #Nickel Should Be Next Year’s Metal Winners

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#Nickel is the only member of the base metal family that also includes aluminium, lead, zinc and tin, to be trading at a higher price this year than at the last #LMW gathering with the positive view of nickel based on demand in its traditional market of stainless steel and its new-found role as a key metal in long-life batteries used in electric cars.

Read more at: https://www.forbes.com/sites/timtreadgold/2018/10/10/after-a-tough-12-months-copper-and-nickel-should-be-next-years-metal-winners/#2bf4673d4d6a

#BBC News: #CO2 Capture – What are these technology solutions?

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Climate scientists meeting in #Korea are being urged to avoid relying on untested technologies as a way of keeping global temperature rise under 1.5C.

The Intergovernmental Panel on Climate Change will shortly publish a report on how the world might stay below this limit.

Early drafts said it would require machines to suck carbon out of the air.

The IPCC special report, to be released on Monday, is expected to point towards the use of technology as a critical part of efforts to keep below the guardrail figure.

Earlier versions of the document stated that all the pathways to keeping below 1.5C required rapid reductions in global greenhouse gas emissions with net-zero reached by the middle of this century.

If emissions continue at the present rate, the world would “overshoot” 1.5C by 2040. If this happens, researchers believe that carbon dioxide removal technologies, in some form, would be needed to help bring the Earth’s temperature back down.

The IPCC report is expected to mention a number of approaches that range from planting more trees, to direct air capture of CO2, to bioenergy with carbon capture and storage (BECCS).

The latter involves growing large amounts of plants that capture CO2, and then burning them for energy while capturing and storing the gas that is emitted.

This has long been a controversial approach – requiring huge amounts of land to grow crops for burning. Previous research calculated an area twice the size of India would be needed to help the world stay under 2C of warming this century.

“It sounds crazy, and it is crazy,” said Dr Glen Peters, a climate researcher at the Centre for International Climate and Environmental Research in Oslo, Norway.

“But this may be the only way to keep temperatures well below 2C.

“I struggle to see how the world can remove billions of tonnes of carbon from the atmosphere for decades, but if we want 1.5C then we have to accept that this may be the only possible pathway.”UNFCCC-Pledge-Graph

Read more at: https://www.bbc.com/news/science-environment-45742191

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