Mining is also becoming more digital
The goal is clear, it is about improved operational efficiency, cost reduction and opportunities to increase sales and profits. Last but not least, new methods also help in finding and investigating raw material deposits and they help to save energy. Stationary mining machines are easily operated electronically. This also increases the mining companies' investments in technological innovations.
In November, the Electric Mine Conference 2020 will be held in Stockholm, a globally unique trade fair. Whether open pit or underground mines, it is all about increasing production, employee health (ventilation costs, for example) and the general electrification of mines. Drones and robots will provide support in mining. Autonomous trucks have long been part of everyday life in mines, which can be remotely controlled even from a great distance.
The mining industry is also making progress in environmentally friendly, low-cost and alternative production. The electrical appliances or trucks that run on lithium-ion batteries need battery raw materials, for example lithium.
Millennial Lithium owns lithium at its two projects in the lithium triangle of Argentina (more than 20,000 hectares): https://www.commodity-tv.com/play/research-news-with-millennial-lithium-corvus-gold-and-mag-silver/. The feasibility study for the Pastos Grandes Project indicates probable reserves of 764,000 tonnes of lithium carbonate equivalent.
The Canada Nickel Company is also concerned with raw materials for electromobility: https://www.commodity-tv.com/play/newsflash-with-mag-silber-rnc-minerals-gold-terra-resource-enwave-and-canada-nickel/. The company owns one of the largest nickel projects (nickel, cobalt, palladium) in the world, the Crawford project, and it is located in Ontario.
Current company information and press releases from Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/) and Canada Nickel Company (https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/).
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