Elk Valley Resources’ Post

Thacker Pass Phase 1 is targeting initial production of 40,000 tpa of battery-quality lithium carbonate and is expected to commence major construction in 2H 2024 following the anticipated closing of the U.S. Department of Energy (DOE) ATVM Loan and issuance of full notice to proceed. Construction of Phase 1 is expected to create approx. 1,800 direct jobs during its three-year construction period and approx. 360 jobs in operations for its 40 year mine life. (See the March 14/24 news release for more details https://lnkd.in/gdVzTShj) Lithium Americas commissioned the University of Nevada, Reno to complete an economic impact assessment, which estimated that every direct job created by Lithium Americas’ construction investment will generate an additional 1.5 local jobs during construction. Lithium Americas and Bechtel Corporation entered into a National Construction Agreement (Project Labor Agreement) with North America's Building Trades Unions to de-risk construction by providing skilled labor and prioritize the employment of local and regional skilled craft workers, including members of underrepresented communities. #lithium #Nevada

South Australia is offering an unparalleled opportunity for companies to be part of the green iron transformation. The shift to green iron and steel production will see massive investment and jobs growth in the energy and mining sectors, as well as hundreds of other industries along the supply chain. The Government has announced it will launch an expression of interest process in June, seeking to attract commercial partners to help establish a flourishing green iron industry in South Australia by 2030. To be involved, or to keep up to date on key developments, you’ll need to register your interest to hear more about the opportunity. Registering your interest will ensure you are among the first to hear about: • the release of the Government’s Green Iron and Steel Strategy; • the launch of the Green Iron Expression of Interest process; and • for companies, potential access to a series of industry events that will allow companies to work closely with the Government to advance green iron projects. Don't miss this opportunity to be front and centre of the transformation economy ➡ https://lnkd.in/gTQfsT3W #hydrogen #greeniron #greensteel #renewableenergy #steelmaking #electricarcfurnace #magnetite #southaustralia #decarbonisation

YOUR FLAMEPROOF SOLUTION FOR UNDERGROUND MINING ENVIRONMENTS: Celebrate over three decades of reliability and innovation with Powerworks (Pty) Ltd.. Our commitment to meeting customer needs promptly has been the key to our success, providing unparalleled service alongside top-notch products. What sets us apart is our hands-on experience in installing and repairing systems, giving us invaluable insights into real-world applications and challenges. Introducing the Jetstream turbine air starters, a superior alternative for underground flameproof environment mining companies: * Non-sparking: Jetstream turbine starters require no electricity, making them ideal for flameproof applications. * Power and efficiency: With more power and torque per kilogram than electric starters, the entire starting system with air reservoir is remarkably lighter than traditional electric starters. * Contamination resistance: Jetstream turbine starters are relatively immune to air contamination, outperforming older vane motors. * Faster cranking: Experience quicker cranking compared to electric starters, resulting in higher compression, improved combustion temperatures, and enhanced starting ability. * Rapid air tank recharge: Achieve a swift recharge of the air tank in minutes, as opposed to the hours required for a full battery recharge. * Environmentally friendly: Jetstream turbine starters emit only air from the exhaust, eliminating the oil mist expelled by vane starters and the environmental impact of batteries and their associated chemical reactions. * Optional non-sparking applications: All starters can be fitted with optional beryllium copper pinions, meeting stringent non-sparking requirements when needed. Make the wise choice and choose Powerworks (Pty) Ltd. for cutting-edge technology that excels in the most demanding mining environments. #MiningInnovation #FlameproofTechnology #Powerworks #JetstreamTurbineStarters #ugm #coalmining #safety #miningsafety #miningequipment #oemmanufacturer

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch from captive and commercial. The total coal production and dispatch from captive and commercial coal mines during the period from 1st April to 29th February 2024 was 126.80 MT and 128.88 MT, marking an impressive increase of 27.06% and 29.14% respectively, as compared to the same period of the FY 22-23, reflecting heightened efficiency and a strong logistics network. As of 29th February 2024, the total number of producing mines stood at 54, with 35 allocated to the Power sector, 11 allocated to the Non-Regulated Sector, and 8 allocated for Sale of Coal. 91 mines have been successfully auctioned under Commercial Coal Auctions, out of which 7 mines have already commenced coal production. The total coal production and dispatch in the month of February 2024 was 14.85 MT and 12.95 MT, with an increase of 37% and 33% respectively, as compared to 10.85 MT and 9.72 MT respectively in the same month of FY 2022-23. The average daily coal production and dispatch rate was 5.12 LT and 4.46 LT per day respectively, showing consistent performance. The Ministry of Coal attributes this success to the strategic implementation of policy reforms, and the relentless dedication of the mine allottees. The Ministry of Coal is focused on sustaining this growth trajectory and the aim is to further streamline operations and bolster the infrastructure to meet the rising energy demands of the nation. Powered by Capital Market – Live News Disclaimer: No Business Standard Journalist was involved in creation of this content First Published: <!-- -->Mar 04 2024 | 11:12 AM<!-- --> <!-- -->IST Source link

Construction sector accounts for 70% of Severstal portfolio — CEO Severstal increased steel production by 5% year on year as of the end of 2023 to 11.27 mln metric tons The construction sector accounts for 70% of the sales portfolio of Severstal, while the engineering and energy sectors make up to 15% each, CEO of the Russian steelmaker Severstal Alexander Shevelev said. "The construction segment’s share remains very high and about 70% of our portfolio is allocated to service our clients in the construction sector, which is very broad and very diverse," Shevelev said. The engineering segment accounts for 15% in Severstal sales and 15% more is directed to the energy segment. Severstal increased steel production by 5% year on year as of the end of 2023 to 11.27 mln metric tons. Pig iron output edged up by 3% to 11.3 mln metric tons. Steel production sales by the company dropped by 2% to 10.73 mln metric tons in 2023. #business #finance #financialservices

Canada’s ambitious EV targets can’t be met without more support for mine supply - https://lnkd.in/g8zWmwFD This gap in production for energy transition metals provides an opportunity for Canada. As of 2021, there were only 70 metal mines in Canada, this compares to 270 metal mines operating across the US ... Read More

Did you know that #coal produces 70% of the world's #steel? Steel is a critical component of modern life, supporting infrastructure, transportation, and even wind turbines, which require 170 tonnes of coking coal and 300 tonnes of iron ore. By 2050, steel use will increase by 20%, making coal essential for expanding infrastructure to support an additional 2.5 billion people moving to cities. TerraSource Global’s equipment is crucial for coal #mining operations, trusted by major companies worldwide like Arch Coal, Peabody Energy, and Drummond Ltd. Our solutions offer power-efficient crushing and high-capacity sizing in challenging mining environments, ensuring reliable, low-maintenance operations that enhance productivity and reduce downtime. Find out more about the importance of coal from FutureCoal at https://lnkd.in/edYhDE_e Find out more about our #crushing, #grinding, #feeding, and #vibrating screen offerings for coal operations at https://lnkd.in/e7DrXqcb #Gundlach #JeffreyRader #PennsylvaniaCrusher #Elgin

𝐅𝐮𝐞𝐥 𝐏𝐢𝐩𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟏.𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 The fuel piping market encompasses the production, distribution, installation, and maintenance of pipes and related machinery for transporting various fuels, including gasoline, diesel, natural gas, and petroleum-based products. Its significance lies in ensuring a consistent and secure fuel supply to crucial sectors such as manufacturing, power generation, and transportation, thereby preventing spills, leaks, and environmental risks. The coexistence of renewable energy infrastructure development with the ongoing necessity for fossil fuel pipelines underscores the industry's adaptability. Continuous advancements in pipeline construction, monitoring, and maintenance technology enhance the efficiency and safety of gasoline transportation, driving investments in network upgrades. The escalating energy demands resulting from rapid industrialization in developing nations and economic expansion in developed ones emphasize the need for a reliable fuel transportation system. Globalization has expanded fuel sourcing, necessitating effective fuel pipe systems for a dependable supply chain. 𝐓𝐨 𝐊𝐧𝐨𝐰-𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐢𝐳𝐞 𝐀𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐎𝐟 𝐓𝐡𝐞 𝐅𝐮𝐞𝐥 𝐏𝐢𝐩𝐢𝐧𝐠. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dKpDD8Tr *𝗕𝘆 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝗧𝘆𝗽𝗲: Stainless Steel, PVC, HDPE, Others *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: External Transportation and Distribution, Internal Process *𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞: Onshore activities, Offshore activities *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻𝘀: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:  Tenaris, JFE Holdings, GLYNWED INDIA (ALIAXIS GROUP), Mexichem, China Steel Corporation, ArcelorMittal, AMERICAN Cast Iron Pipe Company, JSW Steel #fuelpiping #energyindustry #pipelineconstruction #renewableenergy #monitoringtechnology #maintenance #fueltransportation #infrastructure #globalization #supplychain #industrialization #economicexpansion #efficiency #safety #gasoline #petroleumproducts #developingnations #advancedtechnology #investments #networkupgrades

Optimising Heating Solutions for Underground Mines: Balancing Costs and Sustainability When it comes to heating solutions for underground mines, the choices of natural gas, propane, or electricity can significantly impact the life-of-mine total cost of ownership, and the decision on which technology to implement. The Total Cost of Ownership for heating solutions extends far beyond the initial investment. It encompasses capital costs, operational expenses, and maintenance over a 20-year+ horizon. Choosing the lowest TCO option is essential for optimising a mining operation's financial performance. TCO factors include energy costs, environmental and social considerations, and regulatory compliance. At BBE, we are vendor-agnostic, which means we prioritise your unique needs and goals when recommending a heating solution. Our extensive experience and global network of suppliers allow us to find the best heating solution tailored to your specific mine requirements. We understand the unique challenges of underground mines and have a track record of delivering safe, efficient, and sustainable solutions from concept study through to EPCM. #undergroundmining #mineheatingsolutions #miningengineering #mineheating

Depths of 1,500m, 50 levels and temperatures up to 55 degrees Celsius. Those were the challenging conditions in which a range of ABB solutions have been installed within medium-voltage switchgear, upgrading the electrical infrastructure for one of Africa’s largest gold mines.