The mining industry is also focusing on decarbonization

Things are happening in the mining industry when it comes to reducing emissions. For example, there is a new pilot program involving a high-caliber nine-member consortium. Mining Electrification Solutions for Off-Road Vehicles is to be launched. At the heart of it all is a high-performance battery system, so lithium-ion batteries. Short charging times are required, and it should be possible to generate renewable energy on site to supplement the power grid. Moving away from diesel fuel is the goal. Mobile equipment now accounts for 40 to 50 percent of CO2 emissions from mining operations. According to estimates, a transport truck that runs on electricity uses about 40 percent less fuel, and maintenance costs are also about 20 percent lower.

The advantages are obvious: costs are reduced, as are CO2 emissions, resulting in a sustainable increase in productivity. In addition, fewer exhaust gases underground also ensure savings in the cost of fresh air supply. So, following the lead-based e-machines, battery-electric solutions are now conquering the mining sector. One of the largest mining groups on earth, Rio Tinto, is also planning a fully battery-electric mobile fleet. Thus, sustainability aspects and Mining 4.0 are becoming a forward-looking issue. This is made possible by lithium-ion batteries, thus by the lithium that companies like Cypress Development or Alpha Lithium have in their projects.

Alpha Lithium – https://www.youtube.com/watch?v=aZLqdRD9zUY – is located in the excellent lithium triangle in Argentina with its Tollilar project. In addition, there is the Hombre Muerto lithium project.

Nevada is home to Cypress Development’s – https://www.youtube.com/watch?v=-N38AA3Cokg – prospective Clayton Valley lithium project. Test work at the pilot plant has produced 99.94 percent lithium carbonate. A feasibility study is expected to be completed soon.

Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Cypress Development (- https://www.resource-capital.ch/en/companies/cypress-development-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer:

The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/