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Mining guy. Don’t be scared there is plenty of cobalt. HPAL tech has come a long way and plenty of laterite Ni-Co around the place. Lots of it close to the surf

by rmm 9y ago

Mining guy. Don’t be scared there is plenty of cobalt. HPAL tech has come a long way and plenty of laterite Ni-Co around the place. Lots of it close to the surface too. I’m working on with a couple of companies already reviewing old drill cores for Co.

shaqbert 9y ago
In general, mining is very responsive to price signals. If a given commodity becomes dear, prices go up, and mining recommences. A couple of years later, all is back to equilibrium. Our planet is fully of all elements. True, some deposits have higher grade ores, right on or underneath the surfaces, and are more accessible via transport links than others. It all comes down to price.
- aaronblohowiak 9y ago
  Helium, on the other hand...
  - sephamorr 9y ago
    A similar thing is happening with helium too. The concern over the impending closure of the US National Helium Reserve prompted people to start looking, and the results are already promising: https://www.bloomberg.com/news/articles/2017-11-07/tanzania-helium-find-may-be-double-first-estimate-explorer-says https://www.bloomberg.com/news/articles/2017-11-07/tanzania-...
  - leggomylibro 9y ago
    ...is mostly released instead of being collected from reactions like producing LNG because it is currently so cheap, but could be captured, recycled, or 'mined' in much higher quantities/efficiencies if prices went up? I could be wrong or facile, but it still sounds pretty similar.
wuschel 9y ago
Hello mining guy - would you be perhaps up for a short chat? Our team is currently looking into innovation in the mining sector. My contact details are in my description.
pc2g4d 9y ago
Somehow I feel like I'm on a Terraria discussion board right now.....
jseliger 9y ago
Mining guy. Don’t be scared there is plenty of cobalt Recycling could also easily kick into gear if/when prices rise high enough. See one of my favorite recent books, Junkyard Planet, for more: https://www.theguardian.com/books/2014/jan/18/junkyard-planet-adam-minter-review https://www.theguardian.com/books/2014/jan/18/junkyard-plane... Right now, many people don't bother recycling older phones and laptops because they can't get any money for them. If/when prices go high enough, we'll see recycling kick into high gear. The day you see Best Buy advertise "$10 for any phone!", you'll know we're actually seeing a sustained price rise.
- baldfat 9y ago
  Actually, it cost money in my city to throw away any electronic item. So either you pay for it to get thrown away on "Electronic Trash Day" or you hide it in the trash.
- rmm 9y ago
  Exactly, we are seeing this with lithium too. Papers I have read show its extremely recyclable with potential high yields at scale so don't be scared... unless you're a junior lithium miner!

by rmm 9y ago

shaqbert 9y ago

In general, mining is very responsive to price signals. If a given commodity becomes dear, prices go up, and mining recommences. A couple of years later, all is back to equilibrium. Our planet is fully of all elements. True, some deposits have higher grade ores, right on or underneath the surfaces, and are more accessible via transport links than others. It all comes down to price.

aaronblohowiak 9y ago
Helium, on the other hand...
- sephamorr 9y ago
  A similar thing is happening with helium too. The concern over the impending closure of the US National Helium Reserve prompted people to start looking, and the results are already promising: https://www.bloomberg.com/news/articles/2017-11-07/tanzania-helium-find-may-be-double-first-estimate-explorer-says https://www.bloomberg.com/news/articles/2017-11-07/tanzania-...
- leggomylibro 9y ago
  ...is mostly released instead of being collected from reactions like producing LNG because it is currently so cheap, but could be captured, recycled, or 'mined' in much higher quantities/efficiencies if prices went up? I could be wrong or facile, but it still sounds pretty similar.

wuschel 9y ago

Hello mining guy - would you be perhaps up for a short chat? Our team is currently looking into innovation in the mining sector. My contact details are in my description.

pc2g4d 9y ago

Somehow I feel like I'm on a Terraria discussion board right now.....

jseliger 9y ago

Mining guy. Don’t be scared there is plenty of cobalt Recycling could also easily kick into gear if/when prices rise high enough. See one of my favorite recent books, Junkyard Planet, for more: https://www.theguardian.com/books/2014/jan/18/junkyard-planet-adam-minter-review https://www.theguardian.com/books/2014/jan/18/junkyard-plane... Right now, many people don't bother recycling older phones and laptops because they can't get any money for them. If/when prices go high enough, we'll see recycling kick into high gear. The day you see Best Buy advertise "$10 for any phone!", you'll know we're actually seeing a sustained price rise.

baldfat 9y ago
Actually, it cost money in my city to throw away any electronic item. So either you pay for it to get thrown away on "Electronic Trash Day" or you hide it in the trash.
rmm 9y ago
Exactly, we are seeing this with lithium too. Papers I have read show its extremely recyclable with potential high yields at scale so don't be scared... unless you're a junior lithium miner!