Articles for tag: Chile, cobalt, earth, extraction, offers, projects, rare

February 9, 2025

Ron Finklestien

mining

Chile Invites $4 Million Investment for Cobalt and Rare Earth Mining Initiatives

Chile’s New Initiative to Exploit Tailings for Strategic Minerals The call for proposals, which remains open until March, reflects Chile’s ongoing initiative to leverage its extensive tailings resources, estimated at nearly 800 sites nationwide. Rising Demand for Essential Minerals This effort coincides with an anticipated increase in the global demand for metals, particularly those vital for the energy transition. Commodities such as lithium and cobalt, key components in electric vehicle batteries, alongside rare earth elements necessary for renewable energy technologies, are driving this demand. Chilean Mining Minister Discusses Economic Opportunities “These are strategic minerals, especially cobalt and rare earths, where

November 24, 2024

Ron Finklestien

mining

Exploring Deep Sea Mining’s Threat to $560 Billion in Terrestrial Resource Extractions — Study Findings

Deep-Sea Mining Insights: Financial Gains and Environmental Concerns The recent nomination of Elise Stefanik as the U.S. ambassador to the United Nations by President-elect Donald Trump has sparked renewed discussions around deep-sea mining. Stefanik advocates for securing crucial minerals, particularly those extracted from polymetallic nodules, which are potato-sized rocks found on the ocean floor. Located at depths between 4 to 6 km (2.5 to 4 miles), these nodules are plentiful in the Clarion Clipperton Zone (CCZ), where Canada’s The Metals Company (NASDAQ: TMC) holds two exploration contracts. Warning Signs from Environmental Groups The Planet Tracker report was released just as

April 20, 2024

Ron Finklestien

mining

Metso Revolutionizes with Enhanced VSF X Solvent Extraction Offering Metso Revolutionizes with Enhanced VSF X Solvent Extraction Offering

Metso isn’t merely dipping its toes into the solvent extraction technology pool; it is plunging in headfirst, armed with an arsenal of innovative solutions to dazzle the sector. By expanding its VSF X solvent extraction offering, the company aims to redefine the standards of excellence in this domain. Olli Siltala, the eloquent product manager for the VSF X solvent extraction plants, proudly announced, “We are a premiere one-stop shop, specializing in tailor-made production processes crafted from meticulous testing and piloting. Our modularized plant boasts exceptional scalability and superior quality, complemented by seamless logistics and swift delivery.” The hallmark of this

March 20, 2024

Ron Finklestien

mining

Revolutionizing Metal Extraction: British Columbia’s Innovative Funding

Groundbreaking Extraction Technology In an effort to reshape the mining landscape towards sustainability, a new extraction technology funded by the province of British Columbia is making waves. The company behind this technology has introduced a cutting-edge closed-loop process infused with advanced chemistry. This approach not only helps extract and refine critical metals but also aligns with the mining sector’s shift towards renewable energy in an environmentally conscious and economically viable manner. Unlike traditional methods, the metal alloys – including essential elements like platinum group metals, copper, and tin – produced by this groundbreaking technology are then further refined by industrial