Rio Tinto

Rio Tinto signs Australia’s biggest renewable power deal as it works to repower its Gladstone operations

Retrieved on: 
Tuesday, February 20, 2024
Mining, Minerals, Environment, Alternative Energy, Natural Resources, Green Technology, Energy, Environmental Health, Rio Tinto, Mineral, PPA, Bungaban, Queensland, Queensland Alumina Limited, Carbon, Tinto, Policy, Electricity, Professional, Wind, Renewable energy

Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project.

Key Points: 
  • Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project.
  • Under the new PPA with Windlab, Rio Tinto will buy 80% of all power generated from the Bungaban wind energy project over 25 years.
  • The PPA is the second renewable power deal signed for Rio Tinto’s Gladstone operations, after the recent agreement signed with European Energy to drive development of the 1.1GW Upper Calliope solar farm.
  • “Windlab is very proud to be partnering with Rio Tinto to support the long-term sustainable future of Rio Tinto’s Gladstone operations.

ENTRÉE RESOURCES ANNOUNCES FISCAL YEAR 2023 RESULTS and REVIEWS CORPORATE HIGHLIGHTS

Retrieved on: 
Friday, March 8, 2024
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VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.

Key Points: 
  • VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.
  • As at December 31, 2023, 86 Lift 1 Panel 0 draw bells had been opened, including 67 draw bells during 2023.
  • Construction of Primary Crusher 2 commenced in December 2023 and is expected to be completed by the end of 2025.
  • Technical studies for Panels 1 and 2 mine design and schedule optimization were completed by OTLLC during the second quarter 2023.

GMG's Graphene Aluminium-Ion Battery Update: Minimal Temperature Rise Identified While Fast Charging

Retrieved on: 
Wednesday, February 14, 2024
Lithium, The Company, University, Battery, Level, Pilot plant, Rio Tinto, Temperature, GMG, Risk, UQ, Lithium battery, Level 4, Graphene, Mah

The Company is pleased to announce that it has identified minimal temperature rise when charging and discharging GMG's Graphene Aluminium-Ion Battery.

Key Points: 
  • The Company is pleased to announce that it has identified minimal temperature rise when charging and discharging GMG's Graphene Aluminium-Ion Battery.
  • By comparison, GMG's Graphene Aluminium-Ion Battery temperature is 29 degrees Celsius when it is discharged at even higher current density (20 C-rate - approximately 2.0 A/g on the cathode active mass).
  • The battery technology readiness level ("BTRL") of the Graphene Aluminium-Ion technology remains at Level 4 (see Figure 4).
  • Figure 4: Graphene Aluminium Ion Battery Comparative Performance Data (for coin cells)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/197885_6af50fb874a9984b_006fu...

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024
Lithium, Cloud, Hathor, Mining, News, Growth, CCO, Westinghouse, Athabasca, Geology, NXE, Gartner, Lead, GSC, Minority, Offering, SCP, OTCQB, Copper, Rio Tinto, Ore, Teck Resources, URU, Snake, OTCQX, International Financial Reporting Standards, International, Rough Riders, Yon, HZ, Gold, Cobalt, Palladium, SW2, Agreement, SW1, PALM, Acquisition, Vendor, Nickel, Uranium, UEC, Mineral, TSX, Platinum, PLS, Definitive, COMINCO, Molybdenum, NexGen, Movement, FCU, Uranium mining

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

Vianode appoints Howard Ormonroyd as CFO, bringing extensive experience in financing large-scale materials and infrastructure projects

Retrieved on: 
Tuesday, February 13, 2024
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OSLO, Norway, Feb. 13, 2024 /PRNewswire/ -- Vianode, an advanced battery materials company providing sustainable anode graphite solutions, has appointed Howard Ormonroyd as CFO.

Key Points: 
  • OSLO, Norway, Feb. 13, 2024 /PRNewswire/ -- Vianode, an advanced battery materials company providing sustainable anode graphite solutions, has appointed Howard Ormonroyd as CFO.
  • "Howard adds a unique combination of financial expertise and extensive experience from the energy, industrial and renewables markets, together with global managerial competence.
  • Ormonroyd has a proven track record of facilitating large and attractive financing for rapidly growing companies.
  • Vianode is positioning to meet increasing demand for batteries and anode graphite solutions driven by global electrification and EV deployment.

Vianode appoints Howard Ormonroyd as CFO, bringing extensive experience in financing large-scale materials and infrastructure projects

Retrieved on: 
Tuesday, February 13, 2024
CFO, Master of Science, EV, USD, Rio Tinto, University, J. P. Morgan, Bachelor of Engineering, CO2, Portigon Financial Services, Mining engineering, Imperial College London, Renewable energy

OSLO, Norway, Feb. 13, 2024 /PRNewswire/ -- Vianode, an advanced battery materials company providing sustainable anode graphite solutions, has appointed Howard Ormonroyd as CFO.

Key Points: 
  • OSLO, Norway, Feb. 13, 2024 /PRNewswire/ -- Vianode, an advanced battery materials company providing sustainable anode graphite solutions, has appointed Howard Ormonroyd as CFO.
  • "Howard adds a unique combination of financial expertise and extensive experience from the energy, industrial and renewables markets, together with global managerial competence.
  • Ormonroyd has a proven track record of facilitating large and attractive financing for rapidly growing companies.
  • Vianode is positioning to meet increasing demand for batteries and anode graphite solutions driven by global electrification and EV deployment.

Australia’s leading iron ore producers partner with BlueScope on steel decarbonisation

Retrieved on: 
Thursday, February 8, 2024
Manufacturing, Environment, Steel, Machine Tools, Metalworking & Metallurgy, Sustainability, Direct reduced iron, Blast furnace, Workforce, Carbon, BlueScope, Partnership, WAIO, BHP, Iron, Rio Tinto, Coal, Multimedia, DRI, CO2, ESF, Research, BOS, Iron ore

If successful, it could help open a potential pathway to near-zero greenhouse gas emission-intensity operations for steelmakers that rely on Australian iron ore to meet global steel demand.

Key Points: 
  • If successful, it could help open a potential pathway to near-zero greenhouse gas emission-intensity operations for steelmakers that rely on Australian iron ore to meet global steel demand.
  • Rio Tinto Iron Ore Chief Executive Simon Trott said: “The carbon intensity of iron and steelmaking requires profound change to meet the needs of our planet and our climate objectives.
  • Iron ore is first converted to direct reduced iron (DRI) before being charged into the ESF.
  • Other lower CO2 emission-intensity production routes, such as electric arc furnaces, require scrap steel and DRI produced from high grade iron ores.

T2 Metals Reports Additional High Grade Polymetallic Drill Results at Its Sherridon VHMS Project, Manitoba

Retrieved on: 
Thursday, February 8, 2024
Copper, Rio Tinto, AG, Zinc, Element, Project, Silver, Cross, Indium, MMDF, Götz, Gold, PB, Snow, Flin Flon, Oil

Near Surface High Grade Intersections Include 10.0 m @ 2.74% CuEq

Key Points: 
  • The high grades demonstrate the potential provided by the VHMS style of mineralization which is common throughout the region.
  • These high grades will provide Sherridon a momentum not seen for many years, as we are encouraged to expand our exploration programs.
  • The current T2 Metals drilling campaign further delineates shallow-dipping and plunging massive sulphide lenses and extends the historical drilling results by the previous explorers.
  • Many geophysical follow-up opportunities and key VHMS-associated structural controls exist at Sherridon which provide additional high-value targets for planned 2024 drill programs.

GMG's Graphene Aluminium-Ion Battery: 1000 mAh Capacity Reached and Next Steps Toward Commercialisation

Retrieved on: 
Tuesday, February 6, 2024
Lithium, CATL, Rio Tinto, Lithium battery, Level 4, Cell, Mah, Pilot plant, CELL, UQ, GMG, The Company, Graphene, Level, University, Sale, Battery, Online shopping

Notably, this update includes information about GMG's G+AI Battery regarding:

Key Points: 
  • Notably, this update includes information about GMG's G+AI Battery regarding:
    The Company is pleased to announce it has now produced multiple battery pouch cells with over 1000 mAh (1 Ah) capacity, as seen in Figure 1.
  • In a recent build to confirm repeatability, the Company's development team has built and confirmed multiple cells, all testing greater than 1Ah (1000mAh).
  • To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/196983_dda901c7a4d06811_001fu...
    Please see charging and discharging curve typical of the GMG's Graphene Aluminium-Ion Battery 1000 mAh cell in Figure 2 showing a nominal voltage of 1.7 volts.
  • Oct 2022 - Significant battery performance, cell and graphene production improvements
    Feb 2023 - Australian Government Approval (AICIS) for production and sale of batteries.

As Lithium Demand Continues to Rise, the Lithium Market Projected to Reach $6.4 Billion By 2028

Retrieved on: 
Tuesday, February 6, 2024
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The aerospace industry, in particular, requires lightweight and high-performance batteries, making lithium metal an attractive choice, thus enhancing the demand for lithium metal.

Key Points: 
  • The aerospace industry, in particular, requires lightweight and high-performance batteries, making lithium metal an attractive choice, thus enhancing the demand for lithium metal.
  • Furthermore, consumer electronics like watches, toys, and remote controls mainly use lithium metal batteries where lithium metal is used as an anode material.
  • Thus, the increasing demand for lithium metal batteries is expected to enhance the market for lithium metal during the forecast period.
  • A recent report from MarketsAndMarkets said that the lithium metal market is projected to grow from USD 2.5 billion in 2023 to USD 6.4 billion by 2028, at a cagr 20.4% from 2023 to 2028.