Page 10 - Open Pit Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Transition, technologies and electric— transition, technologies and electric mobility. they have done — electric mobility. they have done this globally, they have done — done this globally, they have done this globally, they have done this by securing a dominant position in the countries where primary resource is found and supplied, and even — resource is found and supplied, and even more importantly build up and even more importantly build up a dominant position and processing of these materials into metal chemicals that are used — into metal chemicals that are used in — into meta...

Tojump—start new mines or expand on existing one is in the united states. but there are worries that this drive to supply the green revolution creates something of a paradox with the impact mining has on the environment. mining is one of the main drivers of ecosystem degradation around the world, which has both direct and indirect impacts. it also has huge social and health impacts, to mainstream important parts, deforestation and erosion of ecosystems caused by mining, especially open pit mining, is really what we are mostly concerned about. the second thing is the impact on people and indi...

On your surroundings. mining and metal processing will always have an environmental impact, but it can be done in a very responsible manner. the assumption that mining and metals is an industry that is in some way fundamentally high impact from an environmental point of view, high carbon footprint and irresponsible from a social and political interface point of view is wrong. you know, they're elements of the industry's history that are unacceptable, but it can be done right. so it's part of what our industry needs to do to be a responsible participant in energy transition, is to transform its...

The electric car industry. that is an industry that has doubled in size in the last year alone. much of this turbulence is a direct reaction to the war, as russia is a major global supplier of many of these raw materials, producing nearly half of the world's palladium, a metal used in catalytic converters and in cars and fuel cells. and, over 10% of the global nickel supply, that is a metal in high demand for its ability to increase battery efficiency. in fact, the price of nickel went so crazy at one point in march, spiking at almost 250%, causing the world's top metal exchange to suspend tra...

Absolutely. now, obviously there are technological solutions, particularly around recycling, for example, where we can build more of a circular economy. the nice thing about metals is they are infinitely recyclable and so we can do more in that respect, but will that fully address demand increases? probably not. so on this group of metals for the green revolution, what can you do or what are you doing to make sure that the mining of the metals that you trade in are not causing more harm than good? that's a really important point because if we look at the metals production cycle, there are a nu...