On Tuesday, November 17, 2020, Dr. Reiner Haus, Chairman of M.Plan International and Managing Director of Dorfner ANZAPLAN, and David Anonychuk, Managing Director of M.Plan International, presented at Session One of the virtual Rocks & Stocks 2020 conference: Mining Investment within Green Economy Pressing of the 7th annual Management & Economics Society & CIM Toronto Branch Professional Development Series.
The first session of the virtual Rocks & Stocks conference focused on answering questions such as how does one define the Green Economy and how does it relate to the mining industry? What are the in Minerals for the Green Economy and how will they be applied moving forward? What is the Outlook for Battery Raw Materials?
Dr. Reiner Haus’ presentation “Minerals for the Green Economy: Minerals Used in Wind Turbines, Solar Panels, Etc.” is summarized below:
The demand for cheap, safe and clean energy is propelled by scientific and technological research fueled by pressing social and political issues. The minerals industry is key to the success of these developments while offering achievable solutions for a green environment and providing new opportunities for the mineral resource sector.
In the renewable energy sector minerals are taking a pivotal role in the manufacture of solar panels, wind turbines, industrial stationary energy storage solutions, fuel cells and solar thermal power installations, to name just a few. In addition, the growing acceptance of electric vehicles is fostering interest in highly functional specialty mineral raw materials. The impact of minerals in sensor-based transportation carrying passengers, goods and information by unmanned, electrified vehicles is just another step forward. Finally, minerals are processed into high tech materials for energy-saving applications in light-emitting diodes and functional industrial minerals provide thermal insulation properties in buildings and industrial processes for the green economy.
David Anonychuk’s presentation “Mines to Mega Factories: Outlook for Battery Raw Materials” is summarized below:
A stable and secure supply of battery raw materials will be critical to the transportation, energy storage and chemical industries. In the automotive sector alone, over the next five to 10 years around $300 billion will be invested to procure lithium-ion batteries and manufacture electric vehicles. In turn, this will drive significant investment in project development for the required specialty minerals and metals, namely lithium, cobalt, nickel, graphite and vanadium. Mr. Anonychuk discussed the outlook for battery raw materials and considerations for mine development projects.
The second session will deep dive into the COVID pandemic and how it has affected and continues to impact the Mining Community and how companies are responding to the challenge facing us today.
If you have any questions regarding the presentation or you would like more information about this topic, please don’t hesitate to contact us.