Category: Mineral Foundations of the Energy Transition

U.S. House debates which minerals should be considered “critical” 9/14/2023

U.S. House debates which minerals should be considered “critical”

Payne Institute Faculty Fellow Dr. Roderick Eggert contributes to this article about how a recent U.S. House hearing that centered on a relatively unknown segment of federal energy policy quickly evolved into a discussion on how much the government should prioritize mining.  The Committee on Natural Resources focused on the U.S. Geological Survey’s list of critical minerals. The tally list includes several dozen well-known elements like aluminum, platinum and titanium. It also has lesser-known minerals – like lithium, cobalt and neodymium – that are used in modern technologies such as cell phone batteries and semiconductors.  September 14, 2023.

Mines faculty member testifies before U.S. House committee on critical minerals 9/13/2023

Mines faculty member testifies before U.S. House committee on critical minerals

Payne Institute Faculty Fellow Dr. Roderick Eggert testified before the U.S. House Natural Resources Subcommittee on Energy & Mineral Resources on critical minerals and the structure and role of the U.S. Geological Survey’s critical minerals list.  As the United States rapidly accelerates its transition to a clean energy future, there is a growing focus on the role of critical minerals, many of which are mined, processed, and transported around the globe through complex supply chains.  September 13, 2023.

How Big Oil’s wastewater could fuel the EV revolution 9/12/2023

How Big Oil’s wastewater could fuel the EV revolution

Payne Institute Faculty Fellow Ian Lange contributes to this article about how since oil and gas drilling began nearly 150 years ago, the salty wastewater it produces has been a nuisance for operators. Now, the electric vehicle revolution could turn the industry’s billions of barrels of brine into dollars. Oil and gas companies are eyeing their own byproduct — along with naturally occurring brine found deep underground — as a source of lithium, a highly sought-after metal needed to make EV batteries.  September 12, 2023.

New Arizona mines unearth new conflicts: resist climate change or protect fragile landscapes? 9/7/2023

New Arizona mines unearth new conflicts: resist climate change or protect fragile landscapes?

Payne Institute Faculty Fellow Rod Eggert contributed to this article about how South32 is one of many prospective miners in the West in a position to capitalize on a national appetite for homegrown US sourced minerals.  However, in Arizona, It also would change a landscape that many prize as a unique biological mixing zone in forested mountain ranges like the Patagonias. Arizona’s Sky Islands form an archipelago of oases above the desert, alive with migratory birds, bats and big cats.  September 7, 2023.

Escaping the Dirty Side of Clean Energy? 9/6/2023

Escaping the Dirty Side of Clean Energy?

Payne Institute Advisory Board member Deborah Avant, Devin Finn, Tricia D. Olsen, and Alvin Camba write about how In an era where the fate of nations intertwines with the health of our planet, Western governments and enterprises stand at a crossroads that demands more than just the pursuit of critical minerals. Beyond the race to secure these essential resources lies a profound truth: The battle against climate change not only hinges on obtaining valuable minerals, but also on upholding the enduring sustainability embedded within democratic principles.  September 6, 2023.  

NIGER, URANIUM, AND THE COUP D’ETAT 9/1/2023

NIGER, URANIUM, AND THE COUP D’ETAT

Payne Institute ESG Researcher Baba Freeman writes about how the recent coup d’etat in Niger, a key supplier of uranium, has created some level of anxiety in the market and brought forward new questions for stakeholders across the industry and the West African sub-region. The event calls for a fresh look at the potential market impact and the way forward to resolving the current disputation in a manner that preserves Niger’s development agenda, minimizes political risk to investors, and aids the emergence of a more resilient global critical minerals supply chain.  September 1, 2023.

Faster permits alone won’t build a U.S. clean-energy supply chain 8/25/2023

Faster permits alone won’t build a U.S. clean-energy supply chain

Payne Institute Responsible Gas Program Manager Simon Lomax, Director Morgan Bazilian, and Elizabeth Wilson write about a faster permitting process for U.S. mining projects may be just around the corner, thanks to regulatory reforms that were wrapped into the debt-ceiling compromise between President Joe Biden and congressional Republicans. It’s a major breakthrough for climate action. Mines produce the raw materials used in electric cars, solar panels, power lines and other technologies that cut carbon emissions and slow the pace of climate change. A clean energy revolution is a minerals and mining revolution.  August 25, 2023. 

INVESTORS IN AFRICAN MINING VENTURES MUST REFRESH THEIR RISK MANAGEMENT PROCESSES

INVESTORS IN AFRICAN MINING VENTURES MUST REFRESH THEIR RISK MANAGEMENT PROCESSES

Payne Institute Research Associate Baba Freeman writes about how the frequency of coup d’etats in the Sahel region is troubling and calls for mining investors to refresh their political risk assessment processes. The recent trend of militarization must surely prod investors to further assess the likelihood and possible impact of military interventions and incorporate key takeaways from current events into their risk management tools and processes. While the risk of a total loss of capital due to outright warfare can be assessed deterministically, subjective measures of political instability can substantially impact the “country risk” premium that mining investors must pay over and above the risk-free cost of capital.  August 17, 2023.  

Critical Minerals Outlooks Comparison 8/15/2023

Critical Minerals Outlooks Comparison

Payne Institute Research Associate Juliet Akamboe, student researchers Ebenezer Manful-Sam, Felix Ayaburi, Director Morgan Bazilian and IEF’s Mason Hamilton write a critical minerals report about how with the acceleration of energy transitions, clean energy technologies have rapidly emerged as the segment with the fastest growth in demand in critical minerals supply chains and markets.  Highlighting key insights for critical minerals decisionmakers, the report analyses eleven publicly available reports from eight agencies and organizations across different geographies, spanning from 2019 to 2023.  August 15, 2023.

The Energy Transition Will Require Cobalt. America’s Only Mine Can’t Get Off the Ground. 7/22/2023

The Energy Transition Will Require Cobalt. America’s Only Mine Can’t Get Off the Ground.

Payne Institute Faculty Fellow Rod Eggert contributed to this article about how the U.S. is playing catch-up in battery supply chains dominated by China.  Economists and executives warn similar challenges lie ahead in the race to build renewable-energy infrastructure. Many of the richest deposits of commodities required lie elsewhere, while firms extracting them in the U.S. or its allies face higher environmental standards, greater labor costs and limited interest from Wall Street. July 22, 2023.