Natural Resources

Appalachian Regional Clean Hydrogen Hub Encouraged to Submit a Full Application for the Department of Energy’s Hydrogen Hub Funding

Retrieved on: 
Thursday, January 12, 2023

The Appalachian Regional Clean Hydrogen Hub (ARCH2) team has been notified by the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) that it has been encouraged to submit a full application for the regional clean hydrogen hub Funding Opportunity Announcement (FOA) as designated in the bipartisan Infrastructure Investment and Jobs Act.

Key Points: 
  • The Appalachian Regional Clean Hydrogen Hub (ARCH2) team has been notified by the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) that it has been encouraged to submit a full application for the regional clean hydrogen hub Funding Opportunity Announcement (FOA) as designated in the bipartisan Infrastructure Investment and Jobs Act.
  • Concentrated in Appalachian counties as defined by the Appalachian Regional Commission (ARC) across West Virginia, Ohio, Pennsylvania, and Kentucky, ARCH2 will leverage diverse regional resources to build a sustainable clean hydrogen hub that can scale and integrate into a national clean H2 network.
  • The region is the ideal location for a clean hydrogen hub, due to its unique access to ample low-cost natural gas feedstock, end-user demand, workforce and technology capability, and carbon sequestration potential.
  • “West Virginia continues to have a growing and diverse energy portfolio with natural resources that are vital to a successful hydrogen hub.

New AGMRI Product Features Ready for 2023 Growing Season

Retrieved on: 
Thursday, January 12, 2023

Intelinair announced the addition of several new features to its AGMRI® flagship platform for 2023.

Key Points: 
  • Intelinair announced the addition of several new features to its AGMRI® flagship platform for 2023.
  • “These features are based on feedback from AGMRI customers, field scouts and advisors on how we could improve our platform.
  • As we launch and use the new features in 2023, we look forward to learning more and continuing to elevate the AGMRI user experience.”
    Building on the platform, four categories of new product features for the 2023 growing season for the iOS and web app are planned:
    Personalization – Organize and personalize information to quickly drill down to the details the user needs.
  • “We believe these new features will continue to help farmers and ag retailers efficiently make management decisions all season long," Krieg adds.

CD Capital Natural Resources Fund III Monetization of Filo Mining stake for C$158.3 Million

Retrieved on: 
Thursday, January 12, 2023

CD Capital Natural Resources Fund III ("CD Capital”) successfully monetizes its equity investment in Filo Mining for a total consideration of C$158.3 million.

Key Points: 
  • CD Capital Natural Resources Fund III ("CD Capital”) successfully monetizes its equity investment in Filo Mining for a total consideration of C$158.3 million.
  • Filo Mining is a Canadian exploration and development company focused on advancing its 100% owned Filo del Sol copper-gold-silver deposit located in Chile's Region III and adjacent San Juan Province, Argentina.
  • CD took a strategic stake in the company back in 2020 enabling an expansion program of drilling to define deeper sulphide mineralisation.
  • We look forward to creating further value for CD Capital investors on current and future ventures within the Lundin Group."

Alcoa Corporation Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, January 18, 2023

The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.

Key Points: 
  • The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.
  • Production began in the second quarter 2022, and it is anticipated that it will ship approximately 34,000 metric tons in the first quarter 2023 (Alcoa share).
  • The Company expects lower Alumina Segment Adjusted EBITDA of approximately $55 million per quarter in comparison to the fourth quarter 2022, after excluding $35 million of non-recurrence for the Alumar refinery ARO adjustment and certain other non-recurring expenses from the fourth quarter 2022, starting in the second quarter 2023 and continuing through the fourth quarter 2023.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Standard Time (EST) on Wednesday, January 18, 2023, to present fourth quarter and full year 2022 financial results and discuss the business, developments, and market conditions.

Global Canned Seafood Market Report 2022: Rising Health Consciousness In Consumers Boosts Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 12, 2023

It strengthens the immune system, lowers blood pressure, eases depression, helps people lose weight, and prevents cancer

Key Points: 
  • It strengthens the immune system, lowers blood pressure, eases depression, helps people lose weight, and prevents cancer
    By Distribution Channel: The supermarket/hypermarket distribution channel segment held the largest share of the Global Canned Seafood Market in 2021.
  • By End User: The household end-user segment held the largest share of the Global Canned Seafood Market in 2021.
  • This has benefited the Global Canned Seafood Market.
  • By Geography: Asia Pacific accounted for the largest market share in 2021 within the total Global Canned Seafood Market.

Graphex Technologies and Northern Graphite Join Forces on Large-Scale Graphite Processing Facility Site Evaluations in Baie-Comeau

Retrieved on: 
Thursday, January 12, 2023

Graphex Technologies LLC, the U.S. subsidiary of Graphex Group Limited (NYSE American: GRFX | HKSE: 6128) (collectively “Graphex”) and Northern Graphite Corporation (NGC:TSX-V, NGPHF:OTCQB, FRA:0NG, XSTU:0NG) (“Northern”), today announce that Graphex will participate in Northern’s previously announced selection process (January 10, 2023) for a site suitable for the construction of a large-scale graphite processing facility in Baie-Comeau.

Key Points: 
  • Graphex Technologies LLC, the U.S. subsidiary of Graphex Group Limited (NYSE American: GRFX | HKSE: 6128) (collectively “Graphex”) and Northern Graphite Corporation (NGC:TSX-V, NGPHF:OTCQB, FRA:0NG, XSTU:0NG) (“Northern”), today announce that Graphex will participate in Northern’s previously announced selection process (January 10, 2023) for a site suitable for the construction of a large-scale graphite processing facility in Baie-Comeau.
  • The plant is planned to supply coated spherical graphite anode material to the EV/battery markets in North America and beyond.
  • Graphex has a decade-long history of processing mine concentrates and produces 10,000 tpy of high yield, high quality battery anode material.
  • Northern owns the only graphite mine producing at commercial scale in North America, with a current output of 15,000 tpy of graphite mine concentrate.

Citi GPS: Global Supply Chains

Retrieved on: 
Thursday, January 12, 2023

Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report titled: Supply Chain Finance: Uncertainty in Global Supply Chains Is Going to Stay.

Key Points: 
  • Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report titled: Supply Chain Finance: Uncertainty in Global Supply Chains Is Going to Stay.
  • Its findings indicate that in an environment of stabilising trade flows and cooling goods demand, disruption remains top of mind for businesses reliant on global supply chains.
  • The Citi Global Supply Chain Pressure Index, outlined in the report, continued to ease on the back of a slowdown in global consumer’s demand for goods.
  • Chris Cox, Global Head of Trade and Working Capital Solutions at Citi said:
    “Given the impact from global events businesses have re-evaluated supply chain strategies.

Spearmint Energy Names Peter K. Rood Chief Development Officer

Retrieved on: 
Thursday, January 12, 2023

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Peter K. Rood, former Chief Development Officer at GlidePath Power Solutions LLC (“GlidePath”), has joined the Company as Chief Development Officer.

Key Points: 
  • Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Peter K. Rood, former Chief Development Officer at GlidePath Power Solutions LLC (“GlidePath”), has joined the Company as Chief Development Officer.
  • In this role, Mr. Rood will oversee the development, construction, and operations of Spearmint’s battery energy storage projects.
  • Having deployed over $4 billion of capital across 2.9 gigawatts of developed capacity throughout his career, Mr. Rood will leverage his track record to advance Spearmint’s battery energy storage development pipeline.
  • “Peter is a seasoned battery energy storage project developer, whose proven construction management, project financing, transaction and off-take experience will play a critical role in the successful growth of Spearmint’s BESS portfolio,” said Andrew Waranch, Founder, President, and Chief Executive Officer of Spearmint.

Prometheus Materials Appoints Vishaan Chakrabarti to Board of Directors

Retrieved on: 
Thursday, January 12, 2023

Prometheus Materials, a leader in sustainable building materials, today announced the appointment of Vishaan Chakrabarti , FAIA FRAIC, to its Board of Directors.

Key Points: 
  • Prometheus Materials, a leader in sustainable building materials, today announced the appointment of Vishaan Chakrabarti , FAIA FRAIC, to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230112005190/en/
    Vishaan Chakrabarti, FAIA FRAIC – Founder and Creative Director of Practice for Architecture and Urbanism (PAU) – joins the Prometheus Materials Board of Directors.
  • “We are thrilled to welcome Vishaan to our board,” said Loren Burnett, President and CEO of Prometheus Materials.
  • “Joining Prometheus Materials’ board feels like a natural extension of the mission of my life’s work,” said Chakrabarti.

Carbin Minerals Is Now “Arca” - a New Identity and Bold Mission to Restore the Earth’s Atmosphere

Retrieved on: 
Thursday, January 12, 2023

Arca is working to stop - and reverse - climate change by capturing carbon dioxide from the air and transforming it into rock.

Key Points: 
  • Arca is working to stop - and reverse - climate change by capturing carbon dioxide from the air and transforming it into rock.
  • Arca is already collaborating with 11 mining companies and pre-sold over CDN$1M worth of carbon dioxide removal credits.
  • Arca’s technology accelerates a natural geochemical process called carbon mineralization, the transformation of atmospheric CO2 into stable carbonate materials.
  • The company’s mission is to restore the atmosphere by capturing and permanently locking away excess carbon dioxide from the air.