In the news today…
Mining:
- E&E Greenwire reports a proposed lithium mine in Nevada has scored a second major supply deal for the electric vehicle market despite its close proximity to a rare flower species, which might complicate the permitting process.
- Mining.com reports more money is being spent on coal mining than copper mining, underscoring a misconnect for the energy transition.
- Washington Examiner and Inside EPA report Sen. Joe Manchin is marketing his deal with Majority Leader Chuck Schumer as a major opportunity to tackle infrastructure permitting challenges that he and fellow lawmakers in both parties recognize as inhibitive to growth in the energy sector.
Energy:
- Wall Street Journal reports fossil fuel plants are closing faster than green alternatives can replace them.
Coal:
- Argus reports US coal producer Alliance Resource Partners expects to expand output by early 2023 to meet higher demand domestically and globally.
- CNBC reports coal prices are soaring and global coal consumption is expected to return to record levels reached almost 10 years ago as the global energy supply crunch continues.