After taking into account the proposals of different thematic commissions, the draft of the new Chilean Constitution will go through a referendum on September 4, 2022. Experts fear that the provisions of this constitution might make mining in the country costlier or more difficult.
India is poised to explore swappable batteries as a potential solution that will eventually encourage the adoption of electric vehicles. The country’s vehicle market predominantly consists of two and three wheelers with smaller powerpacks which are easier to charge and swap. In view of the same, the Indian Government is expected to declare its final battery swapping policy shortly.
Experts predict that uranium prices will continue to climb in the next years, as they have in the past. Uranium prices hit their greatest levels since 2014 in 2021, owing to a variety of external factors.
In mineralogy, a mineral, rocks, and crystal compounds have a well-defined, complex composition. Minerals, rocks, and crystals have a specific critical structure that defines their nature. The compounds with the chemical compositional features of radioactive and Uranium compounds are considered dangerous for human health.
Anglo Asian Mining PLC said on Thursday that its output of gold equivalents and the gold price droped in the second quarter compared to the same period last year.
Goldman Sachs’ recent prediction that the critical metals cobalt and lithium would witness a sharp fall in prices in the coming two years raised many eyebrows in the battery chemicals market.
Manganese is a chemical element that is used in many different industries. It has a lot of uses and can be found in manganese mining companies, the steel industry, and the manufacturing industry. Manganese mining is an important part of this process because it provides the raw material for these industries. It also produces manganese dioxide, which can be used to make dry cell batteries.
CGG Mining , a global geoscience technology business, has announced the publication of a new GeoVerseTM Lithium Brine Screening study to aid in the hunt for new sources of this essential energy transition element.
The threat of continued sanctions by the European Union has forced USA-based multinational machinery manufacturer Caterpillar to suspend business with Russia in the wake of the conflict in Ukraine. However, sources revealed that the company still uses Russia as a supply-chain route to move parts and equipment between Europe and China.
During the COVID-19 epidemic, cobalt prices have continuously risen, mainly because of the growing demand for lithium-ion batteries in electronic products and electric vehicles. Investors who want to wager on the rising use of battery technology and renewable energy may consider investing in cobalt stocks. Therefore, it becomes essential to read more about cobalt mining companies 2020. Thus, cobalt was produced in mines worldwide in 2021 in the amount of 170,000 metric tons. The Democratic Republic of Congo produced a projected 120,000 metric tons of cobalt in 2021, making it the top producing nation in the world.