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Major deposits of rare earth elements reported at Ramaco’s Brook Mine in Wyoming

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In association with researchers from the Department of Energy’s National Energy Technology Laboratory (NETL) and analysts at mining consultancy Weir International, metallurgical coal producer Ramaco Resources released an independent Exploration Target report with technical assessment of rare earth elements (REE) found at its Brook Mine in Wyoming.

Wyoming 467
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NETL framework for assessing economic viability of recovering REEs from unconventional sources

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The International Energy Agency estimates that demand may at least quadruple by 2040. The International Energy Agency estimates that demand may at least quadruple by 2040. Without some clear metrics to evaluate recovery efforts, it is hard for industry leaders to understand whether the economics of important projects make sense.

Coal 150
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. Ample natural gas resources exist to support demand growth, but greater gas infrastructure development is needed to support growth in the medium term.

Gas 243
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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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EC presents action plan for critical raw materials

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The Action Plan looks at the current and future challenges and proposes actions to reduce Europe’s dependency on third countries, diversifying supply from both primary and secondary sources and improving resource efficiency and circularity while promoting responsible sourcing worldwide. —Thierry Breton, Commissioner for Internal Market.

Europe 365
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. —Glen Peters, a Research Director at the CICERO Center for International Climate Research. CO 2 emissions from coal use are expected to grow 1.0% [0.2% The decline in 2020 of -5.2% increase in 2021. Turmoil in energy markets.

Global 221
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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Although independent reporting on these subsidies has increased, global efforts to move forward with subsidy reform have been hindered by a variety of causes, leaving international pledges unfulfilled. Source: Worldwatch. Total subsidy.

Renewable 312