Climate neutrality needs critical raw materials
The future needs elements like cobalt, lithium, copper, nickel or the rare earths
(PresseBox) - In Europe, access to the raw materials needed for the energy transition is difficult because large quantities are required. Climate neutrality has been extended to include the aspect of security of supply since the Russian war of aggression. But renewable energies threaten further dependencies. In addition, mining is often carried out in authoritarian states that do not take environmental and working conditions very seriously. In the case of rare earths, for example, the EU is more than 98 percent dependent on Chinese imports. One of the rare earths is neodymium. This element is used in electric motors, lithium-ion batteries and wind turbines. Neodymium is owned by Green Shift Commodities at its Berlin project in Colombia, for example. In addition, there are raw materials such as uranium, nickel, phosphate and vanadium. Positive initial metallurgical results show that the raw materials can be efficiently extracted from the mineralized rock layer.
The extraction of critical raw materials for the energy transition should therefore be as environmentally friendly as possible. It is also not particularly nice to slip from one dependency to the next. The only thing that can help is more mining in solid mining jurisdictions by responsible companies. Back in 2010, China s export restrictions caused a stir. Domestic resource extraction and diversified supply chains have been an issue ever since. If rare earths are found in Europe, as recently in Sweden, this is encouraging. But it takes ten to 15 years for such a find to reach production status. Recycling and the development of new technologies are also a must. In the case of lithium, which is so important for energy storage, Li-Metal - https://www.commodity-tv.com/play/li-metal-virtual-roadshow-investor-presentation/ - is a promising candidate. The company is a leading developer of lithium metal anodes and lithium metal technologies. And the development of next-generation batteries is important to get closer to the goals with cost-effective and improved technologies.
Current company information and press releases from Li-Metal (https://www.resource-capital.ch/de/unternehmen/li-metal-corp/)
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Datum: 09.03.2023 - 04:06 Uhr
Sprache: Deutsch
News-ID 678877
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