India, Australia Collaborate for Lithium and Cobalt Prospects Updated On Fri, Apr 1st, 2022 by Saurenergy India and Australia will be jointly investing $6 million to explore cobalt and lithium mines in the continent sized country over the next six months. The two countries have signed an agreement for the exploration of the critical minerals as Australia is home to some of the largest reserves of lithium, cobalt and vanadium. The […] Read more
Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million Updated On Wed, Feb 16th, 2022 by Saurenergy Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […] Read more
KoBold Raises Over $190 M to Source Metals for EV Batteries Updated On Fri, Feb 11th, 2022 by Saurenergy Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […] Read more
Novel Recycled Lithium Ion Batteries Outperform New Ones Updated On Thu, Feb 3rd, 2022 by Saurenergy Just when the demand for lithium ion batteries are skyrocketing for their immense use in the consumer world today and the industry is struggling hard to find lithium and other minerals’ sources on the planet, it has been found that recycling lithium ion batteries may well be better than creating new ones. A research published […] Read more
Sungrow Supplies the Largest Solar-plus-Storage Solution for Egypt Mining Site Updated On Fri, Aug 27th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has announced a contract to supply equipment to the German developer juwi for the 36 MW off-grid solar farm and a 7.5MW battery energy storage system at Sukari gold mine operated by Centamin in Egypt. The project will be the largest solar-plus-storage plant located at a […] Read more
Mineral Production to Rise as Demand for Green Energy Increases: World Bank Updated On Thu, May 14th, 2020 by Saurenergy A new report shows that production of certain minerals could increase by nearly 500% by 2050 to meet the growing demand for green energy technologies. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for green energy technologies. […] Read more
In the Race for Developing the Best EV Batteries, China Will Reign Supreme Updated On Tue, Oct 1st, 2019 by Saurenergy In the race to develop the most efficient and capable EV batteries first amongst corporates, the one confirmed winner in the segment will be China. As the governments around the world go bullish on electric vehicles (EV), automobile original equipment manufacturers (OEMs) are in a competition to develop long-lasting, durable battery technology to get hegemony […] Read more
