Air pollution causes immense costs
According to calculations by the World Bank, air pollution costs 8.5 percent of the gross domestic product, not a little. Worldwide, it causes seven million premature deaths per year and an average life expectancy reduction of 1.8 years. This corresponds to around 225 billion US dollars for lost labour and also causes trillions of dollars in health care.
The Indian government now wants to counteract this. A new national clean-air programme is to reduce environmental pollution. Because India has the most cities with extremely bad air. This is the result of a study by IQAir Air Visual and Greenpeace. In the sad hit list seven Indian cities are among the first ten cities. The worst situation is in the Indian Gurugram, a financial and industrial location near New Delhi with almost one million inhabitants.
As can be seen in other countries, combating air pollution more than pays off. A prime example is California, where a dollar spent on clean air returns 30 dollars. A growing electromobility industry and an increased use of wind and solar energy are just in time. Vanadium, a battery metal, is one of the key raw materials involved in this process. Energy can be optimally stored in so-called redox flow batteries, which contain the metal.
One company that takes care of the supply of vanadium is Delrey Metals - https://www.commodity-tv.net/c/search_adv/?v=298860. The portfolio includes two projects in British Columbia, a 100% interest in the Blackie and Peneece projects, and an option agreement to purchase a 100% interest in the Sunset vanadium project.
Even nuclear power does not pollute the air as electricity from coal-fired power plants does. Uranium Energy - https://www.commodity-tv.net/c/search_adv/?v=298864, for example, takes care of the uranium required for this. Various advanced projects and a processing plant in the south of Texas as well as the largest ISR project in the USA (under construction) should be able to supply the necessary uranium.
Current corporate information and press releases from Delrey Metals (https://www.resource-capital.ch/en/companies/delrey-metals-corp.html) and Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp.html).
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