Dr Giles Webinar 28 July 2020

For those that are interested ... should be an interesting talk.

How South Australia is meeting global demand for responsibly sourced minerals

Terry Burgess, Member of the Minerals and Energy Advisory Council
Dr Chris Giles, Technical Director, Havilah Resources
David Christensen, Managing Director, Renascor Resources

Adelaide: Tuesday 28 July 2020 10:00am (ACST)
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"The importance of future minerals has escalated in recent years due to high technology applications, including electric vehicles and renewable energy. South Australia has significant global and national resources of future minerals including graphite (65 per cent of Australia’s resources) and zircon including the world’s largest zircon mine, Jacinth-Ambrosia, as well as cobalt, rare-earth elements and magnesium, manganese and gallium. South Australia’s Lot Fourteen and Tonsley innovation precincts, state university future minerals leadership, and Geological Survey of South Australia offer South Australia advanced thinking and potential in the development of technology and processing. There are increasing opportunities to grow a sustainable supply-chain that leverages the state’s natural resource endowment and research innovation, to become a global leader in the processing and export of these vital minerals."

In addition, the 11 May 2020 World Bank Minerals for Climate Action report, which looked out to the Year 2050 re global demand, also said that Copper was actually seen as a 'critical' mineral: See Post #44638558


https://www.worldbank.org/en/news/f...-minerals-essential-for-a-clean-energy-future

The World Bank Demand Risk Matrix (see page 78 of its 11 May 2020 report):
1. 'Medium-impact' minerals, such as Neodymium and silver, will be needed for a small range of energy technologies, and their demand is not expected to grow significantly between now and 2050. However, Neodymium is a key ingredient for offshore wind turbines.

2. 'High-impact' minerals only feature in a small number of technologies, but their future demand is significantly greater than today. One example is lithium, which will only be used in energy storage, but must ramp up its production by 488% to meet demand. Cobalt and graphite fall in the same category.

3. Minerals that are both 'high-impact' and 'cross-cutting' will be used in a wide range of technologies and a great amount of them will be required to meet projected demand in a low-carbon world. One example is aluminum: it is used widely for both energy generation and storage technologies, with roughly 103 million tons of aluminum needed to supply 87% of solar PV and a range of other clean energy technologies to achieve a below 2°C future. Aluminum is thus a 'critical mineral' because it will be necessary for the clean energy transition, regardless of scenario plays out. [Steel (Iron Ore) is outside the model, but would fall into this category per the World Bank, see page 89 of the report]

4. Minerals that are 'cross-cutting' will be important because they will be used across a wide variety of technologies. Examples are Copper and Molybdenum. Copper is used across a number of energy technologies – so regardless of the low-carbon 'pathway', it is likely to be relevant in 2050. It also means that the clean energy transition will depend very much on the availability of Copper itself.


Havilah’s flagship project at Kalkaroo, in northeastern South Australia, contains at least 1.1 million tonnes of Copper, 3.1 million ounces of gold and 23,200 tonnes of Cobalt as well as significant amounts of Molybdenum, sulphur with rare-earth element (Neodymium, Praseodymium, Dysprosium, Terbium) potential.

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.