While not as exciting as the transformation in the auto market with the shift to electric vehicles, demand growth from batteries used for renewable energy storage has the potential to have a bigger impact on mining. One of the prime technologies that could grab market share from lithium ion for large scale storage systems is […]
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Catalyst for high-energy aluminum-air flow batteries
An electric vehicle (EV) battery technology that is more energy-efficient than gasoline-powered engineers has been introduced through a recent study, affiliated with UNIST. The new technology enables drivers to have their battery packs replaced instead of charging them, which the researchers believe will troubleshoot the slow charging problem associated with existing EV battery technology. It […]
Gold prices extend rally to fresh multimonth peak as dollar softens
Gold futures on Tuesday looked likely to extend a rally, albeit tepidly, that has returned prices to July peaks, with a generally upbeat tone remaining even as global stock markets climbed. Fresh weakness for a leading dollar index helped gold hold higher ground as December gold GCZ8, +0.15% rose $2.10, or 0.2%, to $1,232.40 an […]
Rio Tinto cuts 2018 aluminum output target 4.2% to 3.4 mil-3.5 mil mt
Rio Tinto Tuesday announced a downward revision of around 4.2% to its 2018 aluminum production guidance to 3.4 million-3.5 million mt due to industrial action at the Becancour smelter in Canada. The mining company said in its third-quarter results its previous target was 3.5 million-3.7 million mt. Rio Tinto’s share of aluminum production from its […]
Azerbaijan intends to expand aluminum production
Azerbaijan Industrial Corporation (AIC) is preparing a strategy to expand aluminum production. Kamran Nabizade, the corporation’s director general, told reporters that currently, the Ganja Aluminum Plant annually produces 50,000-55,000 tons of aluminum products, mainly aluminum ingots and sheets. He went on to say that the strategy to which foreign specialists are involved, includes, in particular, […]
Galileo hits high zinc mineralisation in Phase 2 drilling programme
Aim-listed Galileo Resources has completed its Phase 2 diamond drilling programme and reported positive assay results so far for the first eight holes analysed, at its 80.75%-owned Star Zinc project, in Zambia. Phase 2 comprised 24 holes totalling about 1 000 m to depths, from surface, of between 25 m and 105 m downhole. Mineralisation […]
Most Commercially Available Graphene is Actually Pencil Lead
We don’t talk much about graphene these days. After a furious round of excitement and research half a decade ago, the topic has largely cooled off. Part of the reason why is because it proved incredibly difficult to manufacture in quantities that were useful. Research into the material has been slow and fitful, and a […]
Mighty, the iPod Shuffle for Spotify, gets a bigger battery and better bluetooth
Technology, like so much of life, is cycle. Gadget evolve, leaving holes in our lives that some fresh new startup is waiting in the wings to fill. There are few better examples of the phenomenon than the Mighty. Introduced last year, the product built a pretty solid reputation as “the iPod Shuffle for Spotify.” The […]
Dutch battery company to build 1.6 billion euro plant in China
Lithium Werks BV, a startup founded by Dutch entrepreneur Kees Koolen, said on Tuesday it had signed a 1.6 billion euro ($1.85 billion) deal to build a new storage battery plant in China. Koolen told Reuters the agreement included project financing of 15-30 percent by Chinese or regional financing sources, 50 percent from development banks, […]
Copper slips as dollar gains, trade tensions weigh
Copper prices slid on Tuesday on a stronger dollar, lean factory-gate inflation in China and nagging concerns about global growth, trade tensions and rising U.S. interest rates. The dollar edged higher on firmer U.S. treasury yields while Chinese stocks fell after data showed factory-gate inflation in the world’s top copper consumer had cooled for a […]
