Avalon, Fort William First Nation to jointly develop lithium refinery in Ontario
The facility will be designed to accept lithium mineral concentrates and produce lithium hydroxide and other lithium battery materials.
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Canada’s oil sands firms face pressure to spend on transition
While oil sands companies are being cautious with cash, Alberta has asked Ottawa to fund a C$30-billion, 10-year program to develop carbon capture.
Germany to shut down 1.5 GW of coal generation by December
Germany has promised to abandon coal by 2038 and achieve a mostly carbon-free energy system by 2050.
Stars are aligning for uranium price rally
Two new reports argue for a leap in uranium prices as China commits to 46% increase in nuclear capacity, Europe designates it "green" and inventory is hoovered up.
Nuclear energy could drive decarbonisation in Canada’s heavy industries – report
Research shows small modular reactors' potential to decarbonize heat and power in high-emitting industrial sectors.
Heavy rains put pressure on Brazilian iron ore shipments
Seasonal rains at the Ponta da Madeira port, Vale's iron ore and manganese loading terminal in the Northern System resulted in fewer shipments from Carajás.
Kirkland Lake expects Detour to produce up to 900k oz annually by 2032
Technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025.
Red Chris resource from Newcrest confirms block cave potential
Measured and indicated resources contain a total of 13 million gold ounces and 3.7 million tonnes of copper.
Fund bets $7.4bn on sustaining platinum price rally
After being in the doldrums for a decade, South Africa’s platinum miners are increasing payouts as they reap windfall profits from near-record prices.