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Southeast Michigan to Benefit from $1.6 Million in Conservation Grants That Will Improve .
National Fish and Wildlife FoundationMarch 16, 2021 GMT
DETROIT, March 16, 2021 (GLOBE NEWSWIRE) Southeast Michigan Resilience Fund partners today announced seven projects selected to receive $1.6 million in grant funding to benefit communities and wildlife habitats in southeast Michigan. The grants awarded by the National Fish and Wildlife Foundation (NFWF) will leverage $1.4 million in matching contributions to generate a total conservation impact of more than $3 million.
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These investments will strengthen regional resilience for communities by installing green infrastructure, increasing urban tree canopy, and restoring riverbank and floodplain habitat. Additionally, projects will restore critical habitat for wildlife including monarch butterflies and migratory birds, while cre
Steel shipments got off to a good start in 2021 by rising 5.3% from December to January, the most recent month for which data was available, but were still down by double digits year-over-year.
U.S. steel mills shipped 7.42 million tons of steel in January, which was up 5.3% from the 7.04 million tons shipped in December but down 13.1% as compared to the 8.53 million tons shipped during January 2019, according to the American Iron and Steel Institute.
U.S. steel mills, including those along the south shore of Lake Michigan in Northwest Indiana that account for nearly half the nation s integrated steelmaking capacity, shipped a total of 81 million tons of steel in 2020, a 15.8% decline as compared to shipments of 96.1 million tons the previous year.
Purdue University Northwest s Center for Visualization and Simulation recently secured a $7 million federal grant for research that could make blast furnaces up to 10% more energy efficient, lessening their carbon footprint.
The very future of the integrated steel mills along the lakeshore in Northwest Indiana may depend on such technological advancement.
For more than a century, coke â a purified form of coal â has been burned in blazing blast furnaces in the hulking steel mills in the Calumet Region to forge the iron that s turned into the steel that goes into cars, appliances, buildings and bridges. But fossil fuels have been falling out of favor and are facing increased regulation across the globe, as political leaders look to grapple with the threat of climate change.Â
Rio Tinto announced plans to build a new tellurium plant and cobalt prices are surging.
(Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.)
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Rio Tinto to build tellurium plant
Miner Rio Tinto recently announced plans to build a tellurium plant at its Kennecott mine in Utah.
Tellurium is used in solar panels in the form of cadmium telluride, a semiconductor.
“With abundant natural resources, Utah is ideally positioned to help supply the critical minerals essential to maintain American manufacturing competitiveness,” Utah Gov. Spencer Cox said in a prepared statement. “Rio Tinto’s smelter at Kennecott is one of only two that is capable of producing copper and other critical minerals. The new tellurium plant is another valuable contribution to critical mineral independence and energy sec
U.S. markets rise, March. 1-5
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10.
Gold Fields rose 14.4% to US$9.37. The company announced that the National Energy Regulator of South Africa had approved its electricity generation licence, which will allow Gold Fields to build a 40 megawatt solar power plant at its South Deep mine. The solar plant has the potential to provide about 20% of South Deep’s average electricity consumption, according to Gold Fields. The licence approval, said CEO Nick Holland, “sends a strong, positive message to mining companies and their investors, potentially leading to decisions being taken to sustain and grow mining operations in the country, especially in deep-level, underground, marginal mines.” Holland also noted that “enabling companies to generate their own power also gives Eskom room to address operational issues a