Discover and read the best of Twitter Threads about #criticalmineral
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#IEA Mineral demand 4 clean energy technologies quadruple by 2050 (APS & NZE Scenario). Annual revenues $400B.
High/volatile #criticalmineral prices & concentrated supply delay transition/make costly.
Requires scale up, diversify supplies, recycling, moderate demand growth.
High/volatile #criticalmineral prices & concentrated supply delay transition/make costly.
Requires scale up, diversify supplies, recycling, moderate demand growth.
Developing new deposits of critical minerals has historically taken over 16 years on average, with 12 years spent lining up all aspects of permitting and financing and 4‐5 years for construction.
Demand for CMs set to more than double by 2030 in the APS. Copper largest increase in terms of absolute volumes, but other critical minerals experience much faster rates of demand growth, notably silicon and silver for solar PV, REE for wind & lithium for batteries.
The Senate Committee on Energy and Natural Resources held a hearing on infrastructure this week:
energy.senate.gov/hearings/2021/…
Lots of discussion about water use and wildfire management, but also commentary on nuclear power and critical minerals that may be of interest to investors.
energy.senate.gov/hearings/2021/…
Lots of discussion about water use and wildfire management, but also commentary on nuclear power and critical minerals that may be of interest to investors.
In his opening remarks, Chairman @Sen_JoeManchin talked about supporting our “zero emission #nuclear fleet” and rebuilding our domestic supply chains by responsibly mining #criticalminerals
Ranking member @SenJohnBarrasso also opened with a mention of the “necessity of advanced nuclear”
It is notable that the two most senior members, Democrat and Republican, are both strongly supportive of #nuclear power.
It is notable that the two most senior members, Democrat and Republican, are both strongly supportive of #nuclear power.
