Hancock Prospecting re-enters Saudi Arabia

Vulcan makes zero carbon transportation possible By Meagan Evans A global shift in capital allocations is underway. Trillions of dollars are flowing into sustainable or green investments, as the, ‘environmental, social and governance’ (ESG) sector shakes off its image as simply a feel-good investment class. New evidence demonstrates that profitability and environmental footprint are not mutually exclusive — but that ESG performance does in fact correlate with good financial results. Corporate boards are cleaning up their operations and supply chains to be carbon neutral and environmentally friendly, while global fund managers are allocating to climate and eco-friendly companies, and increasingly refusing to back coal and fossil fuels. In fact, the world’s largest fund manager, BlackRock — which manages nearly US$7...

GTI Resources Ltd (ASX:GTR) has doubled the size of its uranium project areas by acquiring adjacent past producing mineral leases in the Henry Mountains Utah, USA. The company has entered into a binding agreement to acquire 100% of two mineral leases from Toronto-listed Anfield Energy Inc. (TSX-V: AEC), in a significant expansion of its uranium project areas that join together the existing Jeffrey and Rat’s Nest projects. The two strategically located mineral leases serve to connect the company’s current ground positions in the area and will more than double the size of GTR’s contiguous land position by conjoining its most prospective projects at Jeffrey and Rats Nest. The acquisitions expand GTR’s land position to over 5.5 kilometres along the interpreted...

In September 2019, the World Nuclear Association produced a report modelling a predicted divergence in the supply and demand curve globally for uranium. The report showed demand outstripping supply from 2023. In other words, there is a looming uranium supply and demand mismatch and the Association believes the uranium industry is only a couple of years away from firing again, leaving behind fears of another Fukushima. There is reason to be positive about nuclear energy: it could play a crucial role in the decarbonisation of the world. Such is the shift in thinking around nuclear’s role to combat climate change, that Microsoft co-founder Bill Gates is making the rounds in Washington to persuade the US Congress to spend billions of...