Expert Views on Industrial Transformation

Media Project

Media project “Expert Views on Industrial transformation” provides an open platform for discussing ongoing structural changes and presenting the views on industrial transformation for the next 10 to 20 years.

Unlike the previous stages, the industrial transformation taking place before our eyes affects almost all areas of production, changing its structure and vectors of development.

With the introduction of Industry 4.0 technologies, even small companies can compete with world leaders. To take advantage of the dividends offered by new technologies, a coordinated approach is needed for the step-by-step modernisation of operations, focused on rethinking the production processes of a plant, factory, mine, and other business assets.

Managers, in addition to solving current production problems, ought to systematically develop a system of competencies to ensure stability, competitiveness, and the future of the business.

Call on Experts

Experts are cordially invited to share insights into how the industry is changing and what opportunities are emerging with the advent of new technologies and changing market conditions. Please submit your articles, reviews, and topics for discussion online and at the MINEX Kazakhstan in Nur-Sultan, MINEX Russia Forum, and Smart Industry conference in Moscow.

Video Materials

France presents ‘first step’ €2bn fund for critical metals

0♥17 FACEBOOK TWITTER LINKEDIN MAIL {{ vc_btn: title=Source+-+InfraVia+Capital+Partners+&color=sky&i_type=material&i_icon_material=vc-material+vc-material-perm_device_information&add_icon=true& }} France presented a plan to launch a €2 billion investment fund for critical metals on Wednesday (11 May), which according to former industry boss Philippe Varin is just a starting point, with more to come. InfraVia Capital Partners revealed its plan to launch a dedicated Critical Metals Fund with a target amount of €2 billion1. The purpose of this fund is to invest in critical metals that support the energy transition and secure supply chains for French and European industries. This marks the third investment strategy for InfraVia, an investment firm founded 15 years ago with a strong presence in the infrastructure and technology sectors. The energy transition calls for extensive electrification, including batteries, electric motors, renewable energy, and smart grids. These developments continue to drive an increasingly massive impact on the demand for specific metals. InfraVia is convinced that the economy is transitioning from a carbon-based model to a metal-based one. Securing these metals represents not only a major sovereignty challenge but also an exceptional investment opportunity, similar to those experienced in infrastructure and technology in recent decades. Capitalizing on these opportunities, the fund will concentrate on investments that meet the demands of the energy transition while reinforcing French and European sovereignty in this field and more broadly across various industrial sectors. The fund will allocate investments both within France and globally, targeting the supply chains of critical metals such as lithium, nickel, and cobalt. Investments will span projects that encompass the entire value chain, from extraction to processing and recycling. InfraVia anticipates the fund’s initial closing at €1 billion by the end of 2023, with a target size of €2 billion, allowing investments to be made on an industrial scale. With an initial term of 25 years, the fund...

Continue Reading

Serbian, Slovakian, Alpine mines were major copper providers in prehistoric Europe

0♥66 FACEBOOK TWITTER LINKEDIN MAIL {{ vc_btn: }} An international team of researchers analyzed the geochemistry of copper artifacts from prehistoric Europe and found that those produced before 3500 BC derived exclusively from mines in southeast Europe, especially Serbian mining areas, while later artifacts include ores from the eastern Alps and Slovak Mountains and, much later, potentially the British Isles. In a paper published in the journal Plos One, the archaeologists explain that early copper artifacts are considered to have a high cultural and historical significance in European prehistory but until now, limited information existed about how copper was used and distributed in Neolithic Europe. To get more information, the authors analyzed 45 copper objects, including axes, chisels, and other items, from various sites dating to the 4th and 3rd millennia BC of Northern Central Europe and Southern Scandinavia. In detail, they examined the lead isotopic signature of the copper objects to link them to previously sampled sources of ore around the Old Continent. Their results indicate fluctuations in metallurgic activity over time, including a decrease in the prevalence of copper artifacts around 3000 BC. According to the group, these changes in the origins and availability of copper likely reflect differences in distribution networks through time, probably influenced by changing economies, social structures, communication networks, and technologies across prehistoric Europe. Further study of the sources and uses of copper artifacts will enhance our understanding of how metal goods were produced and distributed around the continent in the past. “Based on lead isotope analyses of the largest sample to date of Neolithic copper objects from southern Scandinavia and northern Germany, the study proves that the exchange of metallic objects connected Europe over long distances,” the paper reads. “However, the introduction of new technologies and materials alone did not lead to social changes; their integration required deliberate choices by societies.”

European Metals Says Czech Lithium Test Results Exceed Expectations

0♥115 FACEBOOK TWITTER LINKEDIN MAIL {{ vc_btn: }} European Metals Holdings said Thursday that its definitive feasibility study remains on track after tests on its lithium project in Cinovec, Czech Republic, surpassed previous performance indicators. The mining company said the tests were undertaken at Nagrom Laboratories in Perth, Australia repeatedly reached above 95% lithium recovery from flotation concentration of zinnwaldite in fine ore. The results from the testing and optimization of the flotation concentration have exceeded expectations, the company said. "These outstanding lithium recoveries further enhance Cinovec's already exceptional potential as a future battery-grade lithium supply hub for Europe and the rest of the world," Cadence Minerals Chief Executive Kiran Morzaria said. Cadence Minerals holds around 6.8% of the equity in European Metals.

European Metals hails ‘outstanding’ metallurgy results from Cinovec

Flotation is a process that crucially does not involve the use of acid so is cheaper and less environmentally damaging

Wolfsberg lithium project, Austria

The project has an after-tax net present value, at a 6% discount rate (weighted average cost of capital), of $1.5-billion and an internal rate of return of 33.3%, with a payback of 6.75 years.

There will be no Strike of Miners in Bosnia and Herzegovina

Avdić said that this decision had to be invalidated because it was not legally based. However, if the miners do not go down into the pits today, the Union stands by them, he added

Critical Raw Materials Institute from Serbia to tackle domestic natural resources exploitation for the benefits of local economy

The Institute will be a collaborative venture of experts whose main focus will be on research and sustainable management of raw materials, including minerals, metals, energy and other natural resources

Gabriel Resources Announces US$4.75 Million Private Placement

1♥145 FACEBOOK TWITTER LINKEDIN MAIL {{ vc_btn: }} Gabriel Resources Ltd. (TSXV trading symbol GBU - “Gabriel” or the “Company”) is pleased to announce that it has entered into definitive subscription agreements with certain investors in connection with a non-brokered private placement (the “Private Placement”) of up to 24,782,212 common shares of the Company (“Common Share”) at a price of $0.26 per Common Share (“Purchase Price”) for gross proceeds of up to US$4.75 million (approximate $6.4 million), subject to stock exchange and other approvals as applicable. The Purchase Price has been fixed at the closing price of the Common Shares on the trading day immediately preceding this announcement. The number of Common Shares to be issued pursuant to the Private Placement represents approximately 2.5% of the Common Shares currently issued and outstanding on a non-diluted basis. Insiders of the Company have subscribed for 17,489,111 Common Shares for gross proceeds of US$3.35 million under the Private Placement. The issuance of Common Shares to insiders pursuant to the Private Placement will constitute a ‘related party transaction’ within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on certain exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a), 5.5(b) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the Private Placement, as the Company is not listed on specified markets and neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves the related parties, exceeds 25% of the Company’s market capitalization (as determined under MI 61-101). The closing of the Private Placement...

Continue Reading

Carbon Footprint of Rock Tech Lithium 30 Percent Below Average

1♥195 FACEBOOK TWITTER LINKEDIN MAIL {{ vc_btn: }} VANCOUVER, BC, May 24, 2023 /CNW/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to share the findings of a Life Cycle Assessment (LCA) for battery-grade lithium hydroxide monohydrate (LHM) from its planned conversion plant in Guben, Germany ("Guben Converter"). The study was carried out by the Fraunhofer Institute for Environmental, Safety, and Energy Technology ("Fraunhofer UMSICHT") in accordance with ISO 14040 (2006) par. 4.3.3 and ISO 14044 (2006) par. 6.2, and was then critically reviewed by DEKRA, an independent external expert. According to the LCA base case scenario, the carbon footprint of battery-grade LHM from Guben is 10.5 kg per kilogram. It also shows the ability to considerably reduce emissions to 5.4 kg. When compared against an International Energy Agency (IEA) special report, Rock Tech's base case footprint for LHM from hard rock is 30 percent lower. Dirk Harbecke, Chief Executive Officer of Rock Tech, states, "We want to contribute to zero-emissions and battery electric vehicles, accepting the challenge to reduce the environmental impact of our lithium hydroxide. The LCA shows that we and our partners in the market have the power to bring about this change through commercial decisions." The renowned German Fraunhofer UMSICHT has evaluated the "cradle-to-gate" environmental impact of battery-grade LHM to be produced at Rock Tech's Guben Converter, with an emphasis on the carbon footprint. The base case carbon footprint is projected to be 10.5 kg CO2-eq/kg LHM, encompassing all upstream emissions and an assumed distance of transit from Australia to Germany. The main sources of emissions per 1 kilogram of LHM in the LCA scenarios were attributed to energy supply for the Guben Converter with 4.3 kg CO2-eq (average grid mix electricity, natural gas, and steam, excluding transport), mining and concentration of spodumene with 3.8...

Continue Reading