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(11) stories found containing 'a potential co2 absorbing nickel mine'


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  • Fans atop a modular direct air capture array.

    CarbonCapture secures cash injection

    K. Warner, Metal Tech News|Updated Mar 27, 2024

    U.S. CO2 capture and storage startup raises $80 million from Amazon, Saudi Aramco, others. Though behind on production schedule, CarbonCapture's latest major funding round raised $80 million from Saudi Aramco and other big names such as Prime Movers Lab, Amazon, Siemens Financial Services, Idealab X, and Marc Benioff's TIME Ventures. The startup is now reframing its focus on a massive, industrial application of its modular carbon dioxide-capturing designs. CarbonCapture has...

  • Road sign pointing to Japan and Canada.

    Canada, Japan forge battery alliance

    Shane Lasley, Metal Tech News|Updated Oct 5, 2023

    A flurry of industry partnerships on battery material projects followed landmark alliance between nations. In a move that aligns Canada's rich minerals endowment with Japan's battery-making expertise, the two countries have entered into a historic battery supply chain agreement. "Canada and Japan are committed to advancing our shared ambitions to develop sustainable and reliable global battery supply chains," said Canada Minister of Innovation, Science, and Industry...

  • Musk Foundation $100 million XPRIZE carbon sequestration technologies.

    Carbon capture mining tech wins XPRIZE

    Shane Lasley, Metal Tech News|Updated Apr 16, 2023

    A mine that could suck billions of tons of carbon dioxide out of the atmosphere and turn it to stone while also producing the nickel, cobalt, and other metals needed for zero-emissions electric vehicles would be the ultimate prize for Tesla Inc. CEO Elon Musk. Carbin Minerals and Carbfix, two companies developing just that type of technology, have been awarded $1 million from XPRIZE, a global future-positive movement envisioned by Musk and supported by his foundation. XPRIZE...

  • Cobalt is a transition metal between iron and nickel on the periodic table.

    Critical cobalt overshadowed by lithium

    Shane Lasley, Data Mine North|Updated Sep 20, 2022

    Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...

  • Bottle of nickel sulfate from BHP’s Kwinana refinery in Western Australia.

    More low-carbon nickel the plea for 2022

    Shane Lasley, Data Mine North|Updated Sep 16, 2022

    Tesla and other automakers clamor for nickel suppliers with low CO2 footprint Tesla CEO Elon Musk's 2020 appeal to "please mine more nickel" served as a rallying cry for mining companies with projects positioned to deliver this critical battery metal into global markets. Going into 2022, however, the electric vehicle trailblazer's words were echoing in nearly empty warehouses as the lithium-ion batteries that power EVs are demanding more nickel than global miners can supply....

  • Stacks of boxes storing drill core at the Turnagain nickel project in BC.

    Mitsubishi invests in BC nickel project

    Shane Lasley, Data Mine North|Updated Aug 23, 2022

    Japanese industrial giant Mitsubishi Corp. has entered into a deal to gain a foothold in a potential nickel-cobalt mine at Giga Metals Corp.'s Turnagain project in Northern British Columbia, Canada. Best known for manufacturing automobiles, Mitsubishi is involved with a broad spectrum of businesses including industrial materials and mineral resources. The Turnagain project offers this diversified company a potential carbon-neutral source of the nickel and cobalt that are in...

  • Tube filled with reactive tailings material being injected with CO2 exhaust.

    FPX Nickel looks beyond net-zero carbon

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    Recent lab tests carried out by researchers from the University of British Columbia indicate that a nickel mine at FPX Nickel Corp.'s Baptiste project in central British Columbia could absorb more carbon dioxide from the atmosphere than the CO2 that would be emitted to dig up and extract this critical ingredient of the lithium-ion batteries going into electric vehicles, home electronics, cordless power tools, and growing list of battery-powered devices. A road-accessible...

  • Giga Metals cobalt nickel lithium-ion batteries EV electric vehicles

    Potential CO2 neutral nickel mine in BC

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    A mine that produced the nickel and cobalt needed for the lithium-ion batteries powering zero-emission electric vehicles and offering the added benefit of locking up carbon dioxide in rocks for geological time periods would be considered an optimum solution in the battle against global warming. Recent tests carried out at the University of British Columbia indicate the potential that Giga Metals Corp.'s Turnagain project in Northern BC could be one such greenhouse gas-absorbin...

  • Rechargeable lithium ion cell for electric vehicles nickel from Giga Metals BC

    Tesla in rumored talks with Giga Metals

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    Tesla wants low-carbon nickel from a future mine at Giga Metals' Turnagain nickel-cobalt deposit in northern British Columbia, Canada, according to Reuters. Citing three unnamed sources, the global news agency said Tesla is in discussion with the Canadian miner to advance development of a mine that would produce nickel and cobalt, both vital ingredients in the lithium-ion batteries that power its electric vehicles. These reports have not been confirmed by either company....

  • Tesla Model S Model 3 Model Y supercharger lithium ion battery charging

    A potential CO2 absorbing nickel mine

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    Long before Tesla CEO Elon Musk called on miners to produce more of the nickel needed in the lithium-ion batteries powering a rapidly expanding electric vehicle sector in an environmentally sensitive way, Giga Metals Corp. was working toward that very goal at its Turnagain nickel-cobalt deposit in northern British Columbia, Canada. "Further to Elon Musk's specific call to nickel producers to pursue environmentally friendly nickel in high volume made during Tesla's latest...

  • nickel Tesla Battery Day Critical Minerals Alliances Elon Musk Nickel West BHP

    Miners answer Musk call for more nickel

    Shane Lasley, Data Mine North|Updated Sep 21, 2021

    "Please mine more nickel," these four words from Tesla CEO Elon Musk reverberated across the global mining sector and raised awareness of how fundamental nickel is to the lithium-ion batteries powering hundreds of millions of electric vehicles to come off Tesla and traditional automaker assembly lines over the next two decades. "Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way," Musk implored...