Amena H. Saiyid’s Post

[Critical minerals are rocking the #EV market] As #PDAC2024 opens, the buzz around #battery materials has never been more intense, and NMG stands poised as North America's premier fully integrated natural graphite provider. Amidst soaring global demand for graphite-based active anode material – indispensable in lithium-ion batteries – responsible and local sourcing are rising as imperatives to mitigate shaky geopolitics. NMG takes #sustainability beyond conventional mining operations. Our guiding principles rest on industry-leading #ESG standards, ensuring our production contributes positively to people and the planet. Join us at booth 2830 to meet our team and learn more about our ore-to-battery-materials operation. #PDAC #Mining #CriticalMinerals #BatteryMaterials https://lnkd.in/ebnX9y5P

Exciting news from Nouveau Monde Graphite (NGM is one of 5 mining stocks in our "Graphite"-portfolio https://lnkd.in/eZbCWtfQ) Feb. 15th 2024: NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations -Panasonic Energy and GM (together, the “Anchor Customers”) concurrently commit to multiyear offtake agreements for NMG’s active anode material, covering approximately 85% of NMG’s planned Phase-2 fully integrated production, from ore to battery materials. -Offtake agreements are complemented by an aggregate US$50 million Tranche 1 Investment from Panasonic and GM to advance the development of NMG’s Phase-2 Matawinie Mine and Bécancour Battery Material Plant as per their respective specifications. -Strategic partner Mitsui and long-time investor Pallinghurst inject a total of US$37.5 million into NMG’s development, the aggregate proceeds of which will be used to repurchase their previously announced convertible notes. -Offtake agreements and investments support NMG’s execution plan for its Phase-2 Matawinie Mine and Bécancour Battery Material Plan, marking a significant milestone toward future funding by Anchor Customers of up to US$275 million, subject to certain conditions and a maximum ownership threshold agreed between the relevant parties. Follow us: Follow us: https://lnkd.in/dZKutJR9 Source: https://lnkd.in/eFDNcXHt

The latest evidence that the #industrialtransformation coming in lock-step with the Canada's #energygransition is going to be revolutionary: read Canada's National Observer as the federal government announces investment in Electra Battery Materials Corporation and MIRARCO - Mining Innovation Rehabilitation and Applied Research Corporation, two #ev #battery #recycling companies accelerating the development of technologies for recovering #criticalminerals from #blackmass for the sector's reindustrializing #supplychain. City of Greater Sudbury The Transition Accelerator/ L’Accélérateur de transition Clean Energy Canada Automotive Industries Association of Canada Adamas Intelligence Ministry of Energy & Natural Resources

Piedmont Lithium Inc. (ASX:PLL, OTC:PLLTL) Inc partner Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) continues to make significant progress to begin mining the #EwoyaaLithiumProject in Ghana, West Africa, including obtaining bulk customer classification from the Energy Commission which will reduce overall #ElectricityCost by 30%-50%. The permit, which is valid for one year and renewable before its expiration, will allow the company to enter into a competitive bid process with various #BulkEnergySuppliers in the country. The partners are targeting the commencement of construction in late 2024 and initial production in early 2025. More at #Proactive #ProactiveInvestors #ASX #OTC #PLL #PLLTL #lithium #BatteryMetals #EVs http://ow.ly/kwx210531RX

American Lithium Minerals Inc (AMLM) details its six lithium properties and the potential they hold to meet rising lithium demand. In 2030, the global demand for lithium is expected to surpass two million metric tons of lithium carbonate equivalent, more than doubling the demand forecast for 2025. This lithium consumption will be strongly driven by the increasing demand for electric vehicles (EVs) and the batteries they require, in which lithium is an integral component. Federal legislation in the United States encourages the production of EVs and their components. Key to this is access to the raw materials that are fundamental building blocks of batteries. #NevadaLithium #LithiumProjects #Batteries #ElectricVehicles Click the link below to discover more ⬇ https://bit.ly/3PsbL0M

Century Lithium Corp is aiming to facilitate domestic lithium production in the US for the emerging electric vehicle and energy storage market. Century Lithium, an advanced-stage lithium exploration company, aims to enable domestic lithium production through the development of its 100%-owned Clayton Valley Lithium Project in Nevada, US. As the third most advanced lithium project in Nevada, the project is set to become a low-cost, large-scale, and long-term source of lithium. A world-class resource of lithium-bearing claystone was discovered from work completed by the company. The deposit is located adjacent to the Albemarle Silver Peak mine – the only lithium brine operation in North America. Currently, Century Lithium is processing material from its lithium project at its extraction facility in Amargosa Valley, Nevada. The company is moving toward the completion of a feasibility study and subsequent permitting. By enabling domestic production of high-purity lithium carbonate, the company is well positioned to assist the US in its clean energy endeavours. Read the latest Special Report from Century Lithium Corp Vice President of Investor Relations Spiros Cacos here, at the Innovation News Network website: https://lnkd.in/eR5STZ6w #lithium #mining #nevada #claytonvalley #usa

The release of the 2023 Intergenerational Report by the Federal Government sheds light on the promising trajectory of Australia's mining industry. This report offers a glimpse of our economic and budgetary prospects until 2062-63, highlighting the mining sector's pivotal role in Australia's evolving landscape.     Emphasising the urgency of achieving net-zero emissions, the report underscores Australia's strategic advantage with vast reserves of critical minerals such as lithium, cobalt, and rare earth elements. These resources are essential for clean energy technologies, positioning Australia at the forefront of the global sustainability movement.     Our nation's abundant renewable energy resources, including wind and solar power, enable us to produce green energy more cost-effectively than many other countries.     While the report acknowledges a projected decline in global demand for thermal coal exports, it also underscores Australia's importance in the critical minerals sector, which plays a vital role in emissions reduction, powering electric vehicles, batteries, and renewable energy technologies.     ORBIZ remains committed to navigating this transformative journey within the mining industry, fostering innovation and resilience.    Check out the full report in the comments.     #MiningIndustry #CriticalMinerals #Future

Rapid demand growth as a result of the energy transition could lead to a shortage of several metals in the next decade unless investment is increased. Large supply gaps for lithium, nickel, graphite, cobalt, neodymium and copper could lead to higher prices and delay the goal of reaching net-zero emissions by 2050, the Energy Transitions Commission said in a report. To reduce the risk of shortage, mines need to produce more, but large-scale mining projects can take up to 20 years to come online, and the last decade was characterised by a lack of investment in exploration and output. Annual capital investment in energy transition metals averaged $45 billion over the last two decades compared with the $70 billion needed each year through to 2030 to expand supply, the ETC said. Energy Transitions Commission #energytransition #metals #investment #report #demand #growth #shortage #supply #Lithium #Nickel #Graphite #Cobalt #Neodymium #Copper #netzeroemissions #ETC #produce #largescale #mining #exploration #minerals #capitalinvestment #government #forecast #cleanenergy #technology #decarbonization #recycling #invetor #mines #modelling https://lnkd.in/dj8CE_SU

Can battery innovation accelerate the energy transition? What’s the status of competing battery technologies right now? Could sodium-ion battery cells be a game-changer? What challenges remain? Does ExxonMobil’s acquisition of a second lithium project indicate Big Oil is getting serious about mining and batteries? How confident is the industry that it can keep delivering battery technology breakthroughs? #BatteryInnovation #Innovation #EnergyTransition https://lnkd.in/eQHsyxSw

In late January, after a decade of development and fundraising, Controlled Thermal Resources broke ground in California’s Imperial County on a project to build a geothermal energy plant that will also extract lithium. Dubbed Hell’s Kitchen, the site is expected to initially produce 25,000 metric tons of lithium hydroxide each year. That’s more than quadruple the current U.S. production. It’s one of a handful of lithium projects in various states of development near the Salton Sea, an area that California Governor Gavin Newsom calls “the Saudi Arabia of lithium.” The Department of Energy estimates the Salton Sea area holds enough lithium to power 375 million electric vehicle batteries. With global demand for lithium expected to grow tenfold by 2050, the rush to develop America’s massive lithium reserves is on, fueled in part by recent Treasury Department requirements to source battery minerals domestically. Despite demand, only one U.S. lithium mine is currently operating, Nevada's Silver Peak, producing around 5,000 metric tons of lithium annually – tiny compared to the 86,000 metric tons that Australia, the world’s top producer, mined last year. In fact, the U.S. produces just 1% of global supply. Investors hope the U.S. will catch up soon. Thacher Pass, another Nevada mine in development, is expected to start operation in 2026, producing 40,000 metric tons per year. But as the U.S. rushes to expand domestic production of critical minerals, it’s renewing debate over the tradeoffs and impact of mining. #mining #minerals #lithium #sustainability #netzero #conundrum #tradeoff https://lnkd.in/gXapsDQX