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Outokumpu increases the Share of low-carbon Energy with a new Wind Power Agreement

Outokumpu has signed a 10-year power supply agreement for renewable wind power with Swiss electricity producer Alpiq. The amount of contracted wind power energy corresponds to over 60% of Outokumpu’s electricity consumption at its production sites in Germany. According to the agreement, deliveries will begin in January 2023.

Increasing the share of low-carbon electricity is one of the most important methods for Outokumpu to achieve its ambitious climate targets. In total, the share of low-carbon electricity in Outokumpu's European operations is already over 80 percent.

“With another new wind power agreement, we can strengthen the role of renewable energy in the sustainable development of our operations even further. With our direction towards low-carbon energy sources, Outokumpu is supporting in the transition to more sustainable energy sources such as wind power,” says Mika Orpana, Head of Energy and Utilities, General Procurement at Outokumpu.

Earlier, Outokumpu has announced two other 10-year wind power agreements. Together these agreements support Outokumpu’s ambitious science-based climate targets which are aligned with keeping global warming below 1.5°C. The updated targets were announced in December 2021 and support Outokumpu’s aim of being the industry leader in sustainability.

Source: Outokumpu

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Arizona State Legislature approves $4M in ongoing yearly Funding for School of Mining and Mineral Resources

The funding is geared to building a highly educated workforce prepared to meet some of the world’s most pressing technological needs around mineral resources.

About 45,000 jobs in Arizona are connected to mining in some way. Further, many top industries, such as aerospace, manufacturing, technology, health care and renewable energy rely on Arizona’s minerals, particularly copper. Copper is used everywhere, from electronics and electric vehicles to building materials, and it is constantly in high demand worldwide. That makes Arizona, which produces three-fourths of the nation’s copper and is the sixth-largest producer in the world, a key player in the global economy.

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DMT Group Explores Europe’s Geothermal Energy Potential in Development of the European Green Deal

DMT GROUP, a global engineering and consultancy group, is playing a central role in efforts to explore Geothermal energy potential across north-west Europe. DMT is providing expertise in seismic measurement, boreholes and data evaluation to further the ambitions of the European Green Deal.

DMT is committed to working with partners across Europe to harness the region’s untapped renewable energy source and foster the expansion of deep geothermal energy as an environmentally friendly resource. DMT’s work is currently supporting the “Geothermal Paper Drying” research project and the “Deep Geothermal Energy Rollout in North West Europe” (DGE-ROLLOUT).

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Zinnwald Lithium plc secures full Ownership of Advanced, High Value Lithium Project in Germany

Zinnwald Lithium plc, the German focused lithium development company, announced that it has entered into a binding agreement to acquire the 50 per cent. of Deutsche Lithium GmbH ("Deutsche Lithium") that it does not already own for a total consideration of €8.8 million to be settled with a cash payment of €1.5 million and the issue of approximately 50 million new ordinary shares of 1 pence each ("New Ordinary Shares") (the "Acquisition"). Deutsche Lithium is developing the advanced Zinnwald Lithium Project in Germany ("Zinnwald" or the "Project"). The Acquisition gives the Company full ownership and operational control of the Project and is in line with its corporate objective to become a key supplier to the European lithium market.

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Anglo American Collaboration on Feasibility Study for South Africa’s Hydrogen Valley

Anglo American announces a collaboration agreement to complete a feasibility study to develop a “hydrogen valley” anchored in the platinum group metals-rich Bushveld geological area in South Africa. Spearheaded by South Africa’s Department of Science and Innovation (DSI), the collaboration agreement also includes energy and services company ENGIE, the South African National Development Institute (SANEDI) and clean energy solutions provider Bambili Energy (Bambili).

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ABB calls for more Collaboration with OEMs to accelerate Transition to all-electric Mines as it signs MoU with Hitachi Construction Machinery

Hitachi Construction Machinery and ABB to explore opportunities for mine operators to target net-zero emissions from mining machinery

ABB has signed a Memorandum of Understanding (MoU) with Hitachi Construction Machinery to share their expertise and collaborate in bringing solutions to market that will reduce the greenhouse gas (GHG) emissions associated with heavy machinery in mining.

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HYBRIT: SSAB, LKAB and Vattenfall to establish the World’s first Production Plant for fossil-free Sponge Iron in Gällivare

SSAB, LKAB and Vattenfall are now taking a new, decisive leap forward in their work to make fossil-free steel for the global market. Industrialization of the technology being developed through HYBRIT will start in Gällivare, northern Sweden, where the world’s first production plant for fossil-free sponge iron – from feedstock to steel – is being planned.

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Green Light for fossil-free Steel in Oxelösund

The Land and Environment Court has decided to grant SSAB Oxelösund an environmental permit to convert its steelmaking operations and reduce carbon dioxide activities by 2025. This also means that we will take a step nearer towards fossil-free steel production across SSAB in 2045.

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RWE to strengthen its European Renewables Business with Acquisition of 2.7 GW Project Pipeline

RWE wants to acquire the European onshore wind and solar development platform from Nordex SE with a total pipeline of 2.7 Gigawatt (GW) in France, Spain, Sweden and Poland. The developer has a strong focus in France, with an overall pipeline of 1.9 GW in various project phases. 15% of the whole pipeline is close to final investment decisions (FID) or in advanced development stages; 230 megawatt have secured Contracts for Difference (CfDs) or similar feed-in tariffs. The purchase price will be around €400 million.

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EGEC: Carbfix and Eavor Geothermal Innovators of the Year

This year the Ruggero Bertani European Geothermal Innovation Award 2020 was earned by the Icelandic Carbfix project and German company Eavor on equal merit.

The Carbfix process captures CO2 and other sour gases from emission sources, transforming them into rocks underground in less than two years. This overturns the common view that mineral storage in Carbon Capture & Storage projects takes hundreds to thousands of years. Carbfix has global scaling potential in and beyond the geothermal industry for decarbonising the economy.

Eavor’s innovation is a novel and scalable closed-loop geothermal system of several deep horizontal wells connected to vertical wells. This overcomes the limitation of deep geothermal systems, which normally rely on vertical single wells only. By running on thermosiphon, it also enables the geothermal industry to offer both a baseload and dispatchable energy source.

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Nordic Mining: Keliber has been granted up to EUR 2.6M for the Development of the Lithium Project

Business Finland has granted maximum of € 2.6 million for the development of the Keliber (“company”) lithium project. Full redemption of the grant requires the company to implement a comprehensive development plan and to meet the financial conditions.The development and innovation work focus on to contribute that the company's process is sustainable and the end product reaches the quality standards set by the customers. The project covers the period 3 June, 2019 – 31 August, 2022.

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