US coal prices climb past $200 as global energy crunch boosts demand

Mining News Pro - US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel.

The Future of Global Energy and Mining is in a Shadow

Mining News Pro - The fallout for the global energy sector as the US and allies challenge President Vladimir Putin over the war in Ukraine and seek alternatives to Russian exports have highlighted the need to reduce dependence on fossil fuels, US Energy Secretary Jennifer Granholm told the same forum.

Worst of global energy crisis may still be ahead

Mining News Pro - A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency.

Russia’s war in Ukraine puts global energy transition at crossroad

Mining News Pro - Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change.

Russia’s war in Ukraine put global energy at risk

Mining News Pro - Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change.

Global energy storage installation expected to be 20 times larger within a decade

Mining News Pro - A recent forecast by BloombergNEF found that global energy storage installation will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020.

Biggest US coal miner surges as global energy crisis boosts demand

Mining News Pro - The global energy crisis that’s fueling demand for coal boosted third-quarter results for Peabody Energy Corp., pushing up shares 17%.

An obscure Chinese mining law is hobbling global energy security

Mining News Pro - China’s current energy crisis can be traced back in part to a legal amendment targeting miners that garnered little notice when it went into effect in March.

Global energy demand growth was slowing before Covid-19

Mining News Pro - Growth in energy demand was declining even before the coronavirus pandemic spread globally, keeping consumers under lockdown and sending prices to record lows, BP said on Wednesday.

Global Energy Metals expands Nevada footprint

Mining News Pro - Global Energy Metals (TSXV: GEMC; US-OTC: GBLEF) struck an option agreement in January with Nevada Sunrise Gold (TSXV: NEV) to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties — both of which contain battery minerals, including cobalt, nickel and copper — and are only a 90-minute drive from the Tesla-Panasonic Gigafactory 1, a lithium-ion battery and electric vehicle (EV) factory near Reno.

Global Energy Metals expands cobalt footprint in Nevada

Mining News Pro - Global Energy Metals (TSXV: GEMC; US-OTC: GBLEF) struck an option agreement in January with Nevada Sunrise Gold (TSXV: NEV) to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties — both of which contain battery minerals including cobalt, nickel and copper — and are only a 90-minute drive from the Tesla-Panasonic Gigafactory 1, a lithium-ion battery and electric vehicle factory near Reno.

Global Energy sets sight on US cobalt project

Mining News Pro - Cobalt-focused Global Energy Metals is set to acquire a past-producing mine and project that are about 150 km from the gigafactory that electric vehicle manufacturer Tesla is building in Sparks, Nevada.

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