Payne Institute Faculty Fellow Raphael Deberdt published this policy brief about how the United States reliance on foreign supplies of raw and processed critical minerals is pressing Washington to devise a strategy to secure short-, medium- and long-term solutions. Pressure only increased with the booming demand spurred partly by the Inflation Reduction Act’s (IRA) policies. April 9, 2024.
Payne Institute Faculty Fellow Ian Lange is featured on this podcast about the rising cost of copper. We say pretty regularly that if you want to figure out which way the global economy is headed, you should take a look at the price of copper. Because copper is used in so many things — power lines, appliances, vehicles, wind turbines, EV batteries. You get the picture. There is so much demand for the metal right now, the price of copper futures is at its highest since the middle of 2022. April 9, 2024.
Mines Global Energy Future Initiative Vice President John Bradford contributes to an article about a new partnership between the Colorado School of Mines and Chevron to support the Mines Global Energy Future Initiative. Through this partnership, Chevron will sponsor research projects and participate in steering committees and working groups, adding industry expertise to solve complex problems related to the energy transition. April 8, 2024.
Payne Institute Faculty Fellow Ian Lange contributes to this article about the latest concerns of the La Sal Complex, a Uranium mine 32 miles southeast of Moab. The mine has been opened and closed and opened again over the years. The price of uranium has increased recently, and so has uranium production in Utah. The mining and processing of uranium have ignited old concerns. April 7, 2024.
Payne Institute Fellow Alex Gilbert and Director Morgan Bazilian write about how hundreds of former political and military leaders are calling for the US Senate to ratify the UN Convention on the Law of the Sea (UNCLOS), the impetus being to open up deep sea mining to supply critical minerals needed for clean energy and military technologies. Deep seabed resources include highly valued minerals such as cobalt, nickel, and rare earths. April 2, 2024.
Payne Institute Native American Mining and Energy Sovereignty (NAMES) Initiative Program Manager Rick Tallman, Fellow Richard Luarkie and Director Morgan D. Bazilian write about how with the newly found bipartisan political will for American nuclear power, the U.S. is poised for a uranium mining boom once again. As the inevitable debate ensues, what is often not appreciated is the essential need to gain support from our Native American communities from the very start and through the developments. March 19, 2024.
Payne Institute Student Researcher Gabriel Collins, Faculty Fellow Carol A. Dahl, Student Researcher Maxwell Fleming, Student Researcher Michael Tanner, Student Researcher Wilson C. Martin, Kabir Nadkarni, Fellow Sara Hastings-Simon and Director Morgan Bazilian write about how mapping the changing energy landscape toward net zero and understanding the critical material needs to support the transition are essential for demanders and suppliers as well as policy makers seeking to orchestrate the transition. They provide such decision makers for electricity markets with a transparent tool that can be easily understood and modified as our transitional knowledge improves. March 18, 2024.
Payne Institute Director Morgan Bazilian and Communications Associate Gregory Wischer write about how minerals play a crucial role in bolstering a state’s military capabilities, defining its “mineral power.” This study assesses a state’s mineral power by evaluating its access to secure mineral supplies from four key sources: domestic production, government stockpiles, overseas production by domestic companies, and imports from aligned states. March 12, 2024.
Payne Institute Native American Mining and Energy Sovereignty (NAMES) Initiative Program Manager Rick Tallman, Director Morgan Bazilian and Daniel Cardenas write about how the Native American Tribes stand to benefit greatly from mining and processing the critical minerals needed to drive the energy transition in the United States — but only if we acknowledge the sordid history of mining on tribal lands and properly remediate legacy issues while forging a new approach that is transparent, fair and centered on Tribal sovereignty. March 11, 2024.
Payne Institute Communications Associate Kristin Ziv and Director Morgan Bazilian write about the global demand for solar panels and as it soars, so does the demand for silver – a key component in the manufacturing of photovoltaic (PV) panels. Solar installations are breaking records worldwide in both volume and low price, according to BloombergNEF. February 14, 2024.