Energy cost of mining bitcoin ‘double that of gold’

New research reveals the significant energy expense in generating cryptocurrencies

RWE boss says Hambach Forest and its tree houses will have to go

The energy giant wants to raze the woodland in Germany to expand its nearby coal mine

Lithium mine in Nevada could provide ‘quarter of global supply’

Lithium Americas says it has huge plans to develop the McDermitt Caldera

Chinese lithium giant to buy 24% stake in rival for $4.1bn

The proposed deal between Tianqi Lithium and Sociedad Química y Minera will be subject to competition concerns

RBS vows to stop financing new coal and Arctic oil projects

The bank’s new policy changes is part of its efforts to tackle climate change

Is coal still the goal for Africa?

  Despite the international movement away from carbon intensive sources of energy, coal still has a significant role to play, particularly in developing regions of the world. That’s the verdict from Andre Bojé, CEO of coal exploration company Minergy, who spoke to ELN about the future of the fossil fuel resource yesterday. Speaking ahead of the […]

Chinese bitcoin miners eye Canada’s cheap power

Chinese bitcoin mining firms are considering moving to Canada in the face of potential crackdowns and rising energy costs. China has grown into one of the world’s biggest sources of cryptocurrency mining but there are signs it is increasing scrutiny of the sector’s players and may ask local authorities to regulate their power use. Mining […]

Bitcoin energy consumption ‘could exceed US by 2019’

  As Bitcoin soars in popularity, it uses increasingly large amounts of power – its consumption has soared by 30% in the last month alone. If usage continues to grow at this rate, the network could surpass the power consumption of the USA by mid-2019 and the whole world by early 2020. That’s the suggestion […]

Scientists clean up extracting rare metals from coal

Researchers have found a way to extract rare materials and metals from coal in an efficient, cheap and environmentally friendly way. Scientists from the University of Kentucky say the new method of producing high-grade rare earth elements will make manufacturing the essential components found in iPhones, computers, missiles and other technological applications much cleaner. Materials […]

Low carbon energy to boost metal mining demand

The transition to a clean energy system will boost demand for a wide variety of minerals and metals. That’s according to a new report from the World Bank, which says the continuing boom in low carbon energy technologies such as wind, solar and battery storage will require an increase in the supply of aluminum, copper, lead, lithium, manganese, […]