$76.7bn was invested in renewable energy in Q2 2018 alone and renewables make up around 17% of power consumption globally. Solar, storage, wind and electric vehicles are at the forefront of the transition to low carbon power generation and they are reliant on a handful of metals: lithium, cobalt, nickel, manganese, copper and rare earth metals. With a supply chain scattered across the globe and pockets in politically unstable countries, some industry insiders are forecasting shortages in key metals needed to fulfil legally binding commitments made by 170 countries to reduce emissions made in Paris in 2015 at the COP summit.
Renewable Metals Connect is designed to make sure you have the best and most up to date information you need to do business. This is where energy metal companies and institutional investors will come under one roof to discuss, networking and create business relationships.Find Out More
Triton is an emerging graphite producer with three world class assets in Mozambique, including the flagship, premium large flake , high purity Ancuabe project located just 45km from the port of Pemba in the only proven graphite region in East Africa and the world’s largest Graphite/Vanadium resource Nicanda Hill located adjacent to the Syrah operating graphite facility. The Company has commenced development works at Ancuabe, which is located in a proven graphite region and is closest of all East African graphite companies to port and infrastructure, and is forecast to come into production in the first half of 2020. The Company completed a DFS in December 2017 for a 60ktpa high purity, large flake product from Ancuabe which demonstrated an unleveraged pre-tax NPV of US$298m based on pre-production CAPEX of US99.3m. for supply into the high value graphite markets of expandable graphite and refractories. MCC International has been appointed EPC contractors and have provided a LOI for EPC financing of at concessional rates. Binding Offtake agreements have been signed for in excess of 50% of the production of Ancuabe. The Nicanda Hill project contains the largest graphite and vanadium resource globally with 1.4Bt at 11.1% Total Graphitic Carbon (TGC) and 0.29% V2O5. And is looking to enter into a joint venture for the development of this asset. Triton is ideally positioned for the forecast growth in the expandable graphite (for flame retardant building materials as highlighted by the Grenfell fire in 2017) and the battery markets which are expected to have some of the highest growth rates in demand over the coming decade.Triton Minerals
Celsius Resources Limited (ASX:CLA) is aiming to define a long life, reliable source of cobalt at Opuwo, Namibia. The Company considers the Project to have the following advantages:
International Graphite is an Australian company developing a secondary graphite processing facility in Abu Dhabi in the UAE. A Prefeasibility Study has been completed, and the company now is in Feasibility stage. The Project is to implement an advanced integrated secondary graphite processing facility to treat high quality graphite concentrates from east Africa. The operation will be a low operating cost producer located in a tax-free hub for transport of concentrates from east Africa and distribution of products world-wide. The business will leverage off the rapidly expanding applications of graphite in Li-ion batteries, in mobile phones and computers, and in fire-retardant building materials, as well as producing mainstream secondary graphite products. The facility will incorporate conformance with ISO QA/QC and environmental standards to give its customers consistent quality products. The Project is a long-term industrial project that is expected to return on-going projected dividends, and there is significant opportunity to expand the business and to diversify the product mix.International Graphite
Cobalt Blue is a pure-play cobalt focussed energy solutions company, which was incorporated on 26 August 2016 for the express purpose of advancing the development of a cobalt mining operation in New South Wales, Australia. While the Company’s efforts will be focussed on advancing the Thackaringa Cobalt Project, should it be appropriate, other (yet to be identified) prospects may expand the overall cobalt asset portfolio. The Company is also seeking to invest in energy storage (battery) technologies that may complement the production of cobalt in commercialising battery and associated energy storage technologies. Of particular interest is the life cycle of rechargeable batteries from ‘cradle’ to ‘grave’ and how such technologies can be used to grow the green energy industry in Australia and around the world.
Bushveld Minerals (AIM:BMN) is a low cost, vertically integrated primary vanadium producer, with ownership of high-grade assets, supplying over 3% of the global vanadium market. Bushveld Minerals is 1 of only 3 producing primary vanadium operations and 1 of only 2 vanadium focused pure-play companies in the world. The Company is also involved in the development and promotion of Vanadium Redox Flow Batteries (“VRFBs”) in the growing global energy storage market through Bushveld Energy, the Company’s energy storage solutions provider. Bushveld’s vision is to grow into one of the world’s most significant, lowest cost and most vertically integrated companies comprising low cost primary vanadium production, electrolyte manufacturing as well as development and deployment of VRFBs in the energy markets.Bushveld Minerals
Global Banking & Finance Review is a leading Online and Print Magazine, which has evolved from the growing need to have a more balanced view, for informative and independent news within the financial community. Our experienced contributors provide this quality and in-depth insight in a clear and concise way, providing leading players and key figures with up to date information within the finance sector.. Read in over 200 different countries and ranked below 15,000 globally by Alexa across billions of websites. To find out more, visit us at http://www.globalbankingandfinance.comGlobal Banking & Finance Review