Vanadium

NORGE MINING PLC (“Norge Mining” or the “Company”): JORC Resource at Skeipstad Confirms High Grade Vanadium and Titanium

Retrieved on: 
Monday, October 9, 2023
Natural Resources, Manufacturing, Other Natural Resources, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Competent person, Mineral, Doctor of Philosophy, Vanadium, Australasian Institute of Mining and Metallurgy, Geology, Mineral resource classification, Australian Securities Exchange, Competence, Titanium, SRK, Titanium dioxide, Geological Society of London, Resource, High grading, Committee, Minerals Council of Australia, FGS, Iron(II,III) oxide, Metallurgy, Mineral Resources Limited, V2O5, International, Uranium mining, Iron ore

Magnetite (Fe3O4) has, however, been reported for the first time in the latest 2023 resource as testwork has indicated this does have the potential to be recovered.

Key Points: 
  • Magnetite (Fe3O4) has, however, been reported for the first time in the latest 2023 resource as testwork has indicated this does have the potential to be recovered.
  • After the roast/leach test work the vanadium in solution was purified and calcined to produce commercial grade vanadium pentoxide.
  • The overall recovery of vanadium as vanadium pentoxide achieved in this testwork from the magnetite concentrate to (calcined) vanadium pentoxide was in the range of 72% to 80%.
  • This geology has resulted in particularly high grades of vanadium and titanium, the quality of which brings the potential for economic extraction by a combination of open pit and underground mining.

NORGE MINING PLC (“Norge Mining” or the “Company”): JORC resource at Storeknuten doubles to almost 2 billion tonnes

Retrieved on: 
Monday, October 9, 2023
Mining, Minerals, Natural Resources, Competent person, Mineral, Doctor of Philosophy, Vanadium, Australasian Institute of Mining and Metallurgy, Mineral resource classification, Australian Securities Exchange, USD, Competence, Titanium, Food, SRK, Titanium dioxide, NSR, Geological Society of London, LFP, Resource, Committee, Minerals Council of Australia, FGS, Metallurgy, Mineral Resources Limited, Canada, International, Uranium mining, Iron ore

The tonnage reported has also been restricted to those blocks which exceeds a Net Smelter Return (NSR) cut-off of USD 16.3/t.

Key Points: 
  • The tonnage reported has also been restricted to those blocks which exceeds a Net Smelter Return (NSR) cut-off of USD 16.3/t.
  • SRK has treated the Storeknuten Hillfort and Eiaveien Road as limiting factors in reporting open pit Mineral Resource (i.e.
  • No other environmental and social risks and issues have been used to limit the reporting of Mineral Resource according to the RPEEE criteria at this stage.
  • Mineral Resources are not Ore Reserves and do not have demonstrated economic viability, nor have any mining Modifying Factors been applied.

Jumptuit Metals and Mining Announces Genesis J2T-MM1: Real-Time Data Monitoring of the Global Supply Chain for Critical Minerals to Accelerate the Clean Energy Transition

Retrieved on: 
Monday, October 2, 2023
Hydrogen, EGI, Probability, National Strategic and Critical Minerals Production Act, Climate, Nickel, Zinc, Solar panel, Terbium, Battery, Arsenic, GDN, Hydrogen technologies, Electric vehicle, Forecasting, Index, Wind, Metal, Hafnium, Investment, Gallium, Growth, Tin, Magnesium, Boron, Genesis, Mining, Scottish and Southern Electricity Networks, Renewable energy, Rare-earth element, Lithium, Iridium, Lead, Neodymium, Selenium, Chromium, Germanium, Titanium, Molybdenum, Niobium, Vanadium, Tantalum, Yttrium, Silver, Silicon, Cobalt, Graphite, Zirconium, Copper, Tellurium, Indium, Cadmium, Praseodymium, Dysprosium

NEW YORK, Oct. 2, 2023 /PRNewswire/ -- Jumptuit Metals and Mining is proud to announce the public unveiling of Genesis J2T-MM1 real-time data monitoring to mitigate economic and security risks and other potential exogenous shocks to vulnerable supply chains, increasing transparency, resiliency and stability.

Key Points: 
  • The Critical Minerals market is seeing unprecedented growth fueled by demand for Electric Vehicles, Wind Turbines and Solar Panels.
  • The increased production and deployment of Electric Vehicles, Electricity Networks, Grid Battery Storage, Hydrogen Technologies, Solar Panels, and Wind Turbines will require increases in the production of Energy Transition Minerals and stability in the global supply chain.
  • To support the clean energy transition, investors, companies and governments have substantially increased investments and capital spending in the exploration, development and production of critical minerals.
  • Genesis J2T-MM1 provides real-time data analysis of exogenous factors that can disrupt global supply chains, and early warnings that will be mission critical to meeting a more-than-tripling of demand for energy transition minerals to achieve climate goals."

IDTechEx Asks, Will Redox Flow Batteries be a Widely Deployed Energy Storage Technology

Retrieved on: 
Friday, September 29, 2023
VRE, LCOS, Electricity, KWH Group, Recycling, Kilowatt-hour, Chemistry, Membrane, US, CAPEX, Electrode, Energy storage, Mining, Growth, Vanadium, Cobalt, Lithium, Electric battery, Renewable energy, RFB

IDTechEx's new report, " Redox Flow Batteries Market 2024-2034 ", shows that the RFB market will be valued at US$2.8B in 2034.

Key Points: 
  • IDTechEx's new report, " Redox Flow Batteries Market 2024-2034 ", shows that the RFB market will be valued at US$2.8B in 2034.
  • Redox flow batteries are well suited to large, grid-scale applications for stationary energy storage.
  • Therefore, energy storage technologies that can provide longer durations of storage, such as RFBs, will be needed to dispatch energy over these longer timeframes.
  • This presents an advantage for RFBs to be used as an energy storage technology versus Li-ion.

IDTechEx Asks, Will Redox Flow Batteries be a Widely Deployed Energy Storage Technology

Retrieved on: 
Friday, September 29, 2023
VRE, LCOS, Electricity, KWH Group, Recycling, Kilowatt-hour, Chemistry, Membrane, US, CAPEX, Electrode, Energy storage, Mining, Growth, Vanadium, Cobalt, Lithium, Electric battery, Renewable energy, RFB

IDTechEx's new report, " Redox Flow Batteries Market 2024-2034 ", shows that the RFB market will be valued at US$2.8B in 2034.

Key Points: 
  • IDTechEx's new report, " Redox Flow Batteries Market 2024-2034 ", shows that the RFB market will be valued at US$2.8B in 2034.
  • Redox flow batteries are well suited to large, grid-scale applications for stationary energy storage.
  • Therefore, energy storage technologies that can provide longer durations of storage, such as RFBs, will be needed to dispatch energy over these longer timeframes.
  • This presents an advantage for RFBs to be used as an energy storage technology versus Li-ion.

Honeywell and ESS Tech, Inc. Collaborate to Accelerate Commercial Deployment of Iron Flow Battery Energy Storage Systems

Retrieved on: 
Monday, September 25, 2023
Environment, Technology, Other Energy, Utilities, Alternative Energy, Sustainability, Green Technology, Energy, Batteries, Partnership, Telephone, PMT, Carbon, McKinsey & Company, EDT, Wind, Interest, ESS, Iron, Water, Solar energy, Vanadium, Cobalt, NYSE, Lithium, Renewable energy, Honeywell

Honeywell (Nasdaq: HON) today announced a strategic collaboration with ESS Tech, Inc. (ESS) (NYSE: GWH) to advance technology development and market adoption of iron flow battery (IFB) energy storage systems.

Key Points: 
  • Honeywell (Nasdaq: HON) today announced a strategic collaboration with ESS Tech, Inc. (ESS) (NYSE: GWH) to advance technology development and market adoption of iron flow battery (IFB) energy storage systems.
  • The relationship builds upon each company’s development of energy storage systems, and brings together ESS’ market-leading, patented IFB design with Honeywell’s advanced materials and energy systems expertise.
  • “The demand for long-duration energy storage represents a compelling market opportunity within the energy transition and the combination of Honeywell and ESS technology can accelerate decarbonization for the commercial, industrial and utility sectors,” said Bryan Glover, chief growth officer, Honeywell Performance Materials and Technology (PMT) group.
  • “Our strategic collaboration with ESS will accelerate Honeywell’s ability to bring comprehensive solutions to our customers while working to advance long-duration energy storage across all industries requiring expansive energy storage.”
    “Today, we are creating superior technology in the critical long-duration energy storage industry,” said Eric Dresselhuys, CEO of ESS.

Department of Energy’s Oak Ridge National Laboratory Visits the Sunday Mine Complex

Retrieved on: 
Tuesday, September 19, 2023
ORNL, CSE, U.S. Department of Defense Strategy for Operating in Cyberspace, Uranium, Risk, DOE, Mount Elliott Mining Complex, Nature, Mining, Oak Ridge National Laboratory, Vanadium, News, WUC, Uranium mining

Toronto, Ontario and Nucla, Colorado, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or the ”Company”) is pleased to announce that it hosted a delegation from the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) at its Sunday Mine Complex on Thursday September 14th.

Key Points: 
  • Toronto, Ontario and Nucla, Colorado, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or the ”Company”) is pleased to announce that it hosted a delegation from the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) at its Sunday Mine Complex on Thursday September 14th.
  • We hope to be able to continue to assist as solutions are implemented to resolve U.S. nuclear fuel cycle bottlenecks.
  • The Company welcomes support for the U.S. uranium mining industry and its domestic uranium concentrate production.
  • We believe this is imperative to overcome dependencies upon material sourced from state owned enterprises and less than friendly countries.

Shanghai Electric Subsidiary, Shanghai Electric Energy Storage Technology, Receives RMB400 Million in Series A Financing, Accelerating Development of Its Energy Storage Business

Retrieved on: 
Wednesday, September 20, 2023
Science, Maintenance, Shanghai Electric, Intelligence, Research, Orientation, Vanadium, Electric battery, Renewable energy, Series

SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business.

Key Points: 
  • SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business.
  • Once the financing has been completed, the post-investment valuation of Shanghai Electric Energy Storage will exceed 2.2 billion yuan.
  • "Moving forward, Shanghai Electric Energy Storage Technology will continue to solidify its development positioning and step up as a global leader in long-term electrochemical energy storage," said Jin Xiaolong, Vice President of Shanghai Electric Group.
  • Looking ahead, Shanghai Electric Energy Storage is already setting its sights on launching a Series B financing campaign in 2024.

Shanghai Electric Subsidiary, Shanghai Electric Energy Storage Technology, Receives RMB400 Million in Series A Financing, Accelerating Development of Its Energy Storage Business

Retrieved on: 
Wednesday, September 20, 2023
Science, Maintenance, Shanghai Electric, Intelligence, Research, Multimedia, Orientation, Vanadium, Electric battery, Renewable energy, Series

SHANGHAI, Sept. 19, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business.

Key Points: 
  • SHANGHAI, Sept. 19, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business.
  • Once the financing has been completed, the post-investment valuation of Shanghai Electric Energy Storage will exceed 2.2 billion yuan.
  • "Moving forward, Shanghai Electric Energy Storage Technology will continue to solidify its development positioning and step up as a global leader in long-term electrochemical energy storage," said Jin Xiaolong, Vice President of Shanghai Electric Group.
  • Looking ahead, Shanghai Electric Energy Storage is already setting its sights on launching a Series B financing campaign in 2024.

First American Uranium Provides Exploration Plan Update with 4 Drill Target Areas & Redrafted Maps for Red Basin Uranium/Vanadium Property

Retrieved on: 
Wednesday, September 13, 2023
Communication, Bureau of Land Management, Secretary of State of New Mexico, McLemore, Bureau, Uranium, Grassland, BLM, NI, Vanadium, Cibola National Forest, Sichuan Basin, NI 43-101, News, Uranium mining

The project’s region produced 1,194 pounds of U3O8 in the 1950s from ore mined with an average grade of 0.17% U3O8 (McLemore & Chenoweth, 2017).

Key Points: 
  • The project’s region produced 1,194 pounds of U3O8 in the 1950s from ore mined with an average grade of 0.17% U3O8 (McLemore & Chenoweth, 2017).
  • According to the Company's NI 43-101 Report, evaluations of the Company’s property from several sources confirm the presence of uranium/vanadium deposits, indicating the potential to become an advanced stage project.
  • The Company maintains ongoing communication with the Cibola National Forest and National Grasslands, under whose jurisdiction the Red Basin Project's exploration plan falls.
  • “The redrafted project maps and our updated exploration plan, together with our recently received 43-101 recommendations, are important milestones toward advancing our work program to help define the Red Basin Uranium/Vanadium Project’s resource potential,” said Shawn Balaghi, First American Uranium’s CEO.