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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Lithium
Rare Earth Minerals

American Lithium estimates almost $600m in annual cash flow for Tonopah 

February 1, 2023 Mariel Alumit

​Analysts say American Lithium‘s (TSXV: LI; NASDAQ: AMLI) Tonopah project in Nevada could run at world-beating costs based on a new study including the sale of by-product magnesium. The operating cost of the Tonopah Lithium […]

Camino
Rare Earth Minerals

Camino to partner with Japan’s Nittetsu at Los Chapitos copper project in Peru

February 1, 2023 Mariel Alumit

​Camino Corp. (TSXV: COR) has signed a letter of intent to partner with Japan’s Nittetsu Mining Co. at its Los Chapitos copper exploration project in Peru. Nittetsu currently operates the Atacama Kozan copper mine located […]

BP’s CEO Plays Down Renewables Push as Returns Lag
Big Oil Companies

BP’s CEO Plays Down Renewables Push as Returns Lag – Translation: “Investors Expect Returns and Renewables Are Not Profitable”

February 1, 2023 Mariel Alumit

LONDON—BP PLC BP 0.58%increase; green up pointing triangle Chief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy, according to people familiar with recent discussions. Mr. Looney has said he is disappointed in the […]

Canada
Rare Earth Minerals

VRIC 2023: Canada’s resource economy at a critical crossroads, former premiers say

February 1, 2023 Mariel Alumit

​Concern is growing over the federal government’s seeming inability to leverage Canada’s vast natural resource endowment as it navigates the uncertain global geopolitical and economic landscape, an industry event in Vancouver heard this week. Besides examining […]

Biden
Climate Crisis

Biden Says Global Warming Is ‘Most Existential Threat To Humanity’ In History, More Dangerous Than Nuclear War

February 1, 2023 Mariel Alumit

President Joe Biden spoke with a group of Manhattan donors about the possibility of nuclear war Tuesday. Biden called global warming “the single most existential threat to humanity we have ever faced, including nuclear weapons,” […]

Rare Earth Minerals

Naskapi Nation, Iron Ore Company of Canada sign socio-economic “Aganow” agreement

February 1, 2023 Mariel Alumit

​The Naskapi Nation of Kawawachikamach and Rio Tinto subsidiary Iron Ore Company of Canada (IOC) have signed an agreement to establish a mutually beneficial relationship based on dialogue, collaboration and trust between the company and […]

Critical Minerals

MMG shuts Las Bambas copper mine due to protests

February 1, 2023 Mariel Alumit

​China-backed miner MMG Ltd has placed its vast Las Bambas copper mine in Peru, the world’s second largest producing nation of the metal, on care and maintenance due to ongoing community unrest triggered by the destitution […]

lithium
Electric Vehicles

New tech may help lithium-ion batteries last for nine years

February 1, 2023 Mariel Alumit

​Engineers at Australia’s RMIT University are proposing the idea of incorporating a 2D material into lithium-ion batteries to extend their lifetime up to three times longer than today’s technology, that is, to about nine years. […]

U.S
Crude Oil News

U.S. proved reserves of crude oil increased significantly in 2021

February 1, 2023 Mariel Alumit

February 1, 2023 Data source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 In 2021, U.S. proved reserves of crude oil and lease condensate increased […]

Australia
Rare Earth Minerals

Search team finds Rio Tinto’s radioactive capsule lost in Australia

February 1, 2023 Mariel Alumit

​An Australian emergency services search team has found a tiny, but potentially deadly radioactive capsule belonging to Rio Tinto (ASX, LON: RIO) on the side of a highway in Western Australia’s north. The stainless steel device, […]

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