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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge. The role that each party plays differs by region.

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UN report highlights urgent need to tackle impact of EV battery production boom

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Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

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Glencore enters offtake agreement with Tantalex Lithium

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Tantalex Lithium Resources, a Canada-based exploration and development stage mining company, received and executed a term sheet from Glencore International AG for a marketing offtake agreement for the lithium to be produced from its Manono Lithium Tailings Project in the Democratic Republic of Congo (DRC).

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EGC enters trading agreement with Trafigura with the aim to transform the ASM cobalt mining sector in DRC

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The trading agreement includes the provision of finance by Trafigura to fund the creation of strictly controlled artisanal mining zones, the installation of ore purchasing stations and costs related to the transparent and traceable delivery of cobalt hydroxide to Trafigura on an export cleared basis.

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Canada’s Trudeau suggests China uses slave labor in lithium production – ET Auto

Baua Electric

Canadian Prime Minister Justin Trudeau on Friday suggested that China uses slave labor in the production of lithium as he discussed Canada’s efforts to ramp up production of the critical metal used in electric vehicle and other batteries. Last year, a U.S.

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Ford, Huayou Cobalt, IBM, LG Chem, RCS Global launch blockchain pilot to address concerns in strategic mineral supply chains; cobalt to start

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The group, which includes participants at each major stage of the supply chain from mine to end-user, will begin with a pilot focused on cobalt and explore the creation of an open, industrywide blockchain platform that could ultimately be used to trace and validate a range of minerals used in consumer products. MineHub blockchain project.

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