News & Updates

The Iowa Utilities Board (IUB) has approved Summit Carbon Solutions base pipeline project that will span around 688 miles and capture and store 12 million tonnes of carbon dioxide (CO2) annually. Summit Carbon Solutions’ project has seen extensive scrutiny in the US state previously. The IUB carried out an extensive review process over the last 34 months, which was made up of 33 public informational meetings, a public hearing, and a review of around 50,000 pages, among other processes.

TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- VVC Exploration Corporation, dba VVC Resources, ("VVC" or the "Company") announces the following: Warrant Extension VVC has applied to the TSX Venture Exchange (“TSXV”) for a 1-year extension for 57,567,800 Series AG share purchase warrants (“warrants”) presently expiring on September 30, 2024. The warrants, exercisable at $0.075 per share, were issued pursuant to a Private Placement in September 2020 with a 3-year expiry and were extended last September for an additional year. The warrants have been out-of-the-money for some time. If approved by the TSXV, the warrants will expire on September 30, 2025.

Messer Americas has said that fellow industrial gas giant Air Products could deprive numerous third parties’ access to privately-owned helium stored at the Federal Helium System. This comes as Messer Helium Cliffside LLC (MHC) has been granted a temporary restraining order to prevent the shutdown of the former Federal Helium System that it recently acquired from the US Bureau of Land Management (BLM).

Historically, silver has been an alternative to traditional investments like stocks and bonds. Amid the recent wave of bank failures and rising interest rates, many investors sought the metal, making prices jump. But has silver helped investors weather recessionary storms in the past? The above graphic uses data from Macrotrends to highlight silver’s price movements during recessions and compares it to changes in the S&P 500.

Did you know that EVs need up to six times more minerals than conventional cars? EVs are mineral-intensive and are pushing up demand for critical battery metals. According to the International Energy Agency (IEA), lithium, nickel, and cobalt demand is expected to grow from 10%-20% to over 80% by 2030. As countries around the world pledge to go all-electric by 2035 and 2040, do we have enough mineral supply for EV demand? Factors such as geopolitical concentration of resources, quality of materials, mining industry lead times, and environmental factors will together determine whether we have the minerals we need. Let’s take a look at how critical minerals are affected.

WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $52.5 million, made available through President Biden’s Investing in America agenda, to advance carbon dioxide removal technologies that reduce legacy carbon dioxide (CO2) pollution by removing it directly from the atmosphere to counter-balance emissions from hard-to-abate sectors, such as aviation and shipping.

Copper has many important applications in the modern economy. From smartphones and cars, to homes and hospitals, we use the metal almost everywhere, especially with renewable energy. Often, consumers take for granted the accessibility to modern technology without the thought of where the materials come from or their impact on the environment. The world and its resources are finite and confined by both geography and the technology used to extract resources. As governments and economies struggle to achieve a sustainable balance between humanity’s material impact and the health of the planet, knowing the availability of resources will become a critical pivot for achieving and maintaining that balance.

Lithium is well-known as one of the key materials behind the lithium-ion batteries that power electronic devices, electric vehicles, and energy storage technologies. Because of its role in clean energy technologies, lithium demand hasn’t only increased, it has transformed. From primarily being used for ceramics, battery demand has taken over global lithium consumption and driven an almost four-fold increase since 2010.

From the gasoline in our cars to the plastic in countless everyday items, crude oil is an essential raw material that shows up everywhere in our lives. With around 18 million barrels of crude oil consumed every day just in America, this commodity powers transport, utilities, and is a vital ingredient in many of the things we use on a daily basis. This graphic visualizes how much crude oil is refined into various finished products, using a barrel of oil to represent the proportional breakdown.