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NPD study finds substantial mineral resources on Norwegian shelf

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The Norwegian Petroleum Directorate (NPD) has prepared a resource assessment of the seabed minerals on the Norwegian shelf. The report concludes that substantial resources are in place on the seabed. For several of the metals, the mineral resources are sufficient to cover many years of global consumption.

2020 448
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NERC: high probability of insufficient resources to meet electricity demand as early as Summer 2022 in parts of US

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Findings from the North American Electric Reliability Corporation’s (NERC’s) 2021 Long-Term Reliability Assessment (LTRA) indicate there is a high probability of insufficient resources and energy to serve electricity demand, as early as Summer 2022, in many parts of the Western Interconnection.

Parts 293
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Renault Trucks creates Used Parts Factory

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To reduce natural resource usage and its trucks’ environmental impact, Renault Trucks (part of the Volvo Group) is taking steps to transition its industrial operations to a circular-economy approach. At this new industrial facility located in Vénissieux, the brand’s trucks will be dismantled , and their parts reused.

Parts 273
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ABTC inferred resources report finds Tonopah Flats may hold 15.8 million tons lithium carbonate equivalent

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American Battery Technology Company (ABTC) ( earlier post ) announced results of its third-party Qualified Person (QP)-audited Inferred Resource Report that details the analysis of its lithium deposit at its Tonopah Flats Lithium Project in Nevada. The inferred resources report concludes that Tonopah Flats may hold an estimated 15.8

Carbon 259
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SK On, Westwater Resources to develop anode materials; boosting raw battery material supply chain in N America

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SK On, a leading electric vehicle (EV) battery manufacturer, signed a joint development agreement (JDA) with US graphite company Westwater Resources (WWR) as part of efforts to strengthen its battery raw material supply chain in North America following the enactment of the Inflation Reduction Act (IRA).

America 243
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E-Tech Resources expands mineral landholdings at the Eureka REE Project in Namibia

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E-Tech Resources, a rare earth exploration and development company developing its Eureka Rare Earths Project in Namibia, has entered into a definitive agreement to acquire an 85% interest in exclusive prospecting license 8748 (EPL 8748). EPL 8748 (165.2 The Dome is ~12.5 km long (NE) and ~6 km wide (NW), ~56 km 2.

Namibia 259
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Electra updates mineral resource estimate at its Iron Creek cobalt-copper project in Idaho

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2023 resource showing the indicated and inferred resource domains as well as blocks with NSR values that are not included in the resource due to insufficient drilling to establish connectivity and DSO outlines. Highlights of the MRE: Indicated resource of 4.4 Inferred resource of 1.2 million pounds of copper.

Idaho 195