He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.
Rare Earth Mining News
The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.
After more than tripling in price this year, Lithium is no longer that dull commodity we take for granted in our consumer electronics: It's the commodity powering the next, undeniable energy revolution.
Last year, the country's cobalt production accounted for just over half of the world's output.
The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.
While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.
The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.
Lithium companies continue to lead the stock market. While the TSX Composite gained about 13% year-to-date and S&P 500 scored a mere 6.4%, lithium companies grew by a stunning 24%.
US imports 91% of its rare earth needs from China as low price environment bankrupts producers and stalls projects elsewhere.
Regardless of where a person stands on Tesla and Elon, the story remains downright fascinating for many reasons.
The world’s biggest coal producer expects to reach targets for cutting unneeded capacity by the end of 2016, which is earlier than planned.
The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.
Texas-based Ocean Minerals says the area is also rich in scandium, a key ingredient for making an extremely light, strong, corrosion resistant, heat tolerant and weldable alloy.
The government will conduct a year-long airborne survey to map mineral deposits.
Avalon announces results of positive preliminary economic assessment for its Separation Rapids lithium project
The purpose of the PEA was to investigate the potential for recovery of a lithium product suitable for the battery market from Avalon’s lithium resource near Kenora, Ontario.
The current lithium frenzy will end badly while gold bugs should look at the riper opportunities available in copper and platinum, according to mining financier Robert Friedland.
The explore-develop-produce model cannot be eliminated, but there are plenty of models that work within it or alongside it. Two are worth mentioning.
The amount of lithium being produced in North America will not be enough to meet the growing demand for electric vehicles, but the problem could be alleviated through recycling, says a renowned authority on specialty metals.
More than half of the world’s identified resources of the mineral are found in South America's "lithium triangle", a region where Canada's Wealth Minerals has been acquiring assets.
The finding has Archer Exploration Limited’s 2873 sq km Eyre Peninsula Graphite Project on track to become one of Australia’s first new-era graphite mines.
The Western Australian Department of Mines and Petroleum (DMP) green-lighted the Browns Range Pilot Plant Project Management Plan earlier this month.
With supply gluts persisting from corn to oil, traders are already gearing up for declines.
Project addresses one of the biggest challenges faced by the wide-scale adoption of renewable energy — storage.
The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.
Ocean Minerals, LLC (Ocean Minerals) has identified areas of prospective potential in the Exclusive Economic Zone of the Cook Islands, and has entered into an agreement with the Cook Islands government for exclusive rights to prospect and explore these areas.