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Massive mineral deposit discovery could meet global battery and solar panel demand ‘for next 100 years’
Massive mineral deposit discovery could meet global battery and solar panel demand ‘for next 100 years’
A huge phosphate rock deposit discovered in Norway contains enough minerals to meet the global demand for batteries and solar panels for the next 100 years, according to the mining company that controls it. Norge Mining said up to 70 billion tonnes of the non-renewable resource may have been uncovered in south-western Norway, alongside deposits of other strategic minerals like titanium and vanadium. Phosphate rock contains high concentrates of phosphorus, which is a key component for building green technologies but currently faces significant supply issues. Phosphorus was first discovered in 1669 by German scientist Hennig Brandt, who was searching for the philosopher’s stone. While it proved ineffective in turning ordinary metals into gold, it has become an essential component in lithium-iron phosphate batteries in electric cars, as well as for solar panels and computer chips. Russia previously controlled the world’s largest ultra-pure phosphate rock deposits, with the European Union warning that these “critical raw materials” have a high supply risk. The EU is currently almost entirely dependent on imports of phosphate rock from the rest of the world, according to a report from The Hague Centre for Strategic Studies, with China, Iraq and Syria also home to large deposits. The report, which was published before the discovery of the massive Norwegian deposit, warned that the EU should be “concerned about phosphate rock shortages”. An article in the scientific journal Nature last year warned of imminent supply disruptions of phosphorus, citing Russia’s invasion of Ukraine and the subsequent economic sanctions as a potential cause of market volatility. The global economy consumes an estimated 50 million tonnes of phosphorus each year, with scientists warning earlier this year that the planet could face a “phosphogeddon” if supply trends continue. “The buyers’ market is becoming increasingly crowded by limited trade – due to political instability in several source countries, as well as international sanctions imposed on others,” Norge Mining noted in a June blog post. “This is forcing importers to fear an impending crisis.” Norway’s Minister of Trade and Industry, Jan Christian Vestre, said last month that the government was considering fast-tracking a giant mine in Helleland once analysis is completed on 76 kilometres of drill cores. If approval is given, the first major mine could begin operation by 2028. The politician said Norway’s “obligation” was to develop “the world’s most sustainable mineral industry” following the discovery of the minerals. The mining plans already have the support of the European Raw Materials Alliance, according to local reports, while local consultations continue. A spokesperson for the European Commission described the discovery as “great news” for meeting the objectives of the Commission’s raw material objectives, with Norge Mining telling Euractiv that the projected 4,500-metre-deep ore body would theoretically be capable of meeting global demand for the next century. Read More Solar trees offer unique solution to charging electric cars ‘Miracle material’ solar panels to finally enter production Twitter is breaking more and more iPhone users urged to check their photo library amid fears they could be deleted
2023-07-03 22:22
Crypto ETFs Are Year’s Best Performers But Only Lure $12 Million
Crypto ETFs Are Year’s Best Performers But Only Lure $12 Million
Not even 2023’s eye-watering rallies can lure badly burned exchange-traded fund investors back to crypto after last year’s
2023-05-13 02:51
NBA 2K24 Season 1 Rewards: Full List
NBA 2K24 Season 1 Rewards: Full List
NBA 2K24 Season 1 rewards include a Diamond Kyrie Irving, Amethyst Jayson Tatum, Gold Floor Setter, extra VC, Tier Skips, and plenty of cosmetics.
2023-09-07 00:19
Legendary Sequel to Award-Winning Indie Game, Do Not Feed The Monkeys 2099, Now Available on Steam, coming to Nintendo Switch In Q3 2023
Legendary Sequel to Award-Winning Indie Game, Do Not Feed The Monkeys 2099, Now Available on Steam, coming to Nintendo Switch In Q3 2023
MADRID--(BUSINESS WIRE)--May 25, 2023--
2023-05-25 22:24
How to Level Up Fast in Fortnite OG
How to Level Up Fast in Fortnite OG
To level up fast in Fortnite OG, fans must play Fortnite Creative maps or complete in-game quests to collect as much XP as possible.
2023-11-16 00:27
X to auction off old Twitter items, from desk chairs to painting of Ellen DeGeneres' Oscar Selfie
X to auction off old Twitter items, from desk chairs to painting of Ellen DeGeneres' Oscar Selfie
Twitter is officially rebranding as X — so Elon Musk is holding a giant garage sale to purge the company's HQ of remnants of the past.
2023-08-10 23:51
HOPE Hydration Taps T-Mobile to Power “Smart” Water Refill Stations
HOPE Hydration Taps T-Mobile to Power “Smart” Water Refill Stations
BELLEVUE, Wash. & MIAMI--(BUSINESS WIRE)--Jun 6, 2023--
2023-06-06 21:19
Warzone 2 Vondel Map POIs Leaked
Warzone 2 Vondel Map POIs Leaked
A new Resurgence map called Vondel, developed by Beenox, is coming to Warzone 2 Season 4 with 12 POIs on June 14.
2023-06-06 04:52
Industrial Hub Facing Power Crunch That May Ripple Across China
Industrial Hub Facing Power Crunch That May Ripple Across China
Extreme heat and rising energy demand risk overwhelming China’s attempts to prevent a repeat of last year’s curbs
2023-07-14 11:23
Everybody alive today came from one African country, according to study
Everybody alive today came from one African country, according to study
It’s well known that all humans alive today can be traced back to a common ancestor but a study may have found where that ancestor originates. Researchers at the University of Oxford’s Big Data Institute mapped the entirety of genetic relationships among humans to create the largest human family tree ever. By combining modern and ancient human genomes data from eight different databases, the researchers were able to create a massive family tree. This allowed them to see how a person’s genetic sequence relates to another using the points of the genome. Sign up for our free Indy100 weekly newsletter “Essentially, we are reconstructing the genomes of our ancestors and using them to form a vast network of relationships,” Lead author Dr Anthony Wilder Wohns said. “We can then estimate when and where these ancestors lived.” Where they lived? Sudan, Africa. Dr Wohns told Reuters, "The very earliest ancestors we identify trace back in time to a geographic location that is in modern Sudan. “These ancestors lived up to and over 1 million years ago—which is much older than current estimates for the age of Homo sapiens—250,000 to 300,000 years ago. So bits of our genome have been inherited from individuals who we wouldn’t recognize as modern humans," Dr Wohns said. Researchers used 3,609 individual genome sequences from 215 populations and samples that ranged from 1,000s to over 100,000 years. By using a new method to compile the data, algorithms were able to predict where common ancestors were in evolutionary trees to explain some patterns of genetic variation. The results were a network of almost 27 million ancestors. “The power of our approach is that it makes very few assumptions about the underlying data and can also include both modern and ancient DNA samples,” Dr Wohns says. Not only does the data help us understand human geology better but the new method could help in other research, like medicine. “The underlying method could have widespread applications in medical research, for instance identifying genetic predictors of disease risk," Dr Wohns added. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-29 18:27
Apple Planning a 'Watch X' To Celebrate The Device's 10th Anniversary
Apple Planning a 'Watch X' To Celebrate The Device's 10th Anniversary
While the next release of the Apple Watch is expected to be relatively minor, the
2023-08-14 01:57
Apple co-founder Wozniak suffers possible stroke in Mexico -local media
Apple co-founder Wozniak suffers possible stroke in Mexico -local media
MEXICO CITY (Reuters) -Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, Mexican
2023-11-09 09:22