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December 07, 2021 New Today

Arctic Researchers and Experts Gather Virtually for the ArcticNet Annual Scientific Meeting 2021

QUEBEC CITY, Dec. 06, 2021 (GLOBE NEWSWIRE) — ArcticNet is thrilled to host its 17th Annual Scientific Meeting (ASM2021) virtually from December 6-10, 2021. The ASM2021 welcomes researchers, students, Inuit, Northerners, policymakers and stakeholders from across the North to address the numerous environmental, social, economic and political challenges and opportunities emerging from climate change and modernization in…

QUEBEC CITY, Dec. 06, 2021 (GLOBE NEWSWIRE) — ArcticNet is thrilled to host its 17th Annual Scientific Meeting (ASM2021) virtually from December 6-10, 2021. The ASM2021 welcomes researchers, students, Inuit, Northerners, policymakers and stakeholders from across the North to address the numerous environmental, social, economic and political challenges and opportunities emerging from climate change and modernization in the Arctic.

As one of the largest Arctic research gatherings in the world, the ASM2021 is the hub for Arctic and northern research excellence and knowledge sharing in Canada. This year, renowned researchers from all fields of northern research will showcase results, projects and lessons learned across five expert plenary panels, with 23 world-class plenary speakers, 56 topical sessions, 200 oral presentations and over 150 research posters. Presentations come from a range of academic, government, Northern, and Indigenous and Inuit researchers and experts. This conference is an opportunity to hear the stories of research leaders in the context of a rapidly changing Arctic.

The ASM2021 also creates space to celebrate research innovation, inclusion, and excellence through its Award Ceremony. Awards will be on Friday, December 10 starting at 12:30PM including from:

  1. Student Poster Awards, sponsored by Oceans Networks Canada, Canadian Science Publishing and Sentinel North
  2. The David Thomas Student Poster Award in Climate Change Research, sponsored by Lighthouse Brewing
  3. The Inuit Partnership of Excellence Award and the Inuit Recognition Award
  4. The Polar Knowledge Canada Northern Science Award and Centenary Medal
  5. The ArcticNet Student Association and APECS Canada Mentorship Award

Quick Facts

WHAT: ArcticNet Annual Scientific Meeting 2021
WHERE: Hosted virtually: conference platform
WHO: The complete list of presenters is available on our website and the conference platform.

  • 1000+ attendees
  • 297 (29%) Northerners
  • 271 Students
  • 17 countries

WHEN: December 6-10, 2021

  • 9:30AM to 5:30PM EST December 6
  • 10:30 AM to 4:15 PM EST December 7 to 9
  • 10:45 AM to 2:00PM on Friday.

Quotes

“The ArcticNet Annual Scientific Meeting is the central hub for Arctic and northern research excellence and knowledge sharing in Canada. This week brings together the Arctic research community to foster collaboration, share research results, and celebrate Arctic research excellence.”

  • Dr. Christine Barnard, Executive Director, ArcticNet

“ArcticNet is working hard to ensure that Canada remains a global leader in Arctic science, but that we do it our way. And our way includes full recognition of self-determination in research and Indigenous leadership in research.”

  • Dr. Jackie Dawson, Co-Scientific Director, ArcticNet

« C’est impossible de travailler seul dans l’Arctique. La collaboration au sein d’un réseau vaut bien plus que la somme des parties qui le composent. ArcticNet représente un véritable réseau arctique pancanadien et cette conférence rassemble le réseau d’une manière importante. »

  • Dr. Philippe Archambault, Co-Scientific Director, ArcticNet

“We’ve been really pleased to see the development of the relationship between the academic and scientific community, government, industry, and Inuit on a shared path toward Inuit self-determination in research, and a shared path towards all Arctic science.”

  • Natan Obed, President of Inuit Tapiriit Kanatami Canada

“Cette réunion a lieu à un moment crucial dans les efforts déployés pour atténuer les effets des changement climatiques. Je n’ai pas besoin de vous dire que le Nord devra faire face, et a déjà fait face aux répercussions des changement climatique plus que toute autre région du pays”

  • The Honourable Dan Vandal, Minister of Northern Affairs

For more access to the conference, more information, and media inquiries, please contact:
Charlee Heath
ArcticNet Communications Officer
[email protected]
(343) 202-2152

This announcement was originally posted on the website of Global Newswire.

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December 06, 2021

Taste of the Arctic International Gastronomic Festival to Take Place in Moscow

Moscow, Dec. 03, 2021 (GLOBE NEWSWIRE) — Moscow will host the Taste of the Arctic International Gastronomic Festival of northern cuisine within the frames of Russia’s Chairmanship of the Arctic Council on Dec. 10–11, 2021. The participants of the two-day business and gastronomic program will be representatives of the Arctic countries, federal and regional government…

Moscow, Dec. 03, 2021 (GLOBE NEWSWIRE) — Moscow will host the Taste of the Arctic International Gastronomic Festival of northern cuisine within the frames of Russia’s Chairmanship of the Arctic Council on Dec. 10–11, 2021. The participants of the two-day business and gastronomic program will be representatives of the Arctic countries, federal and regional government authorities, ambassadors of the Arctic Council member states, chefs from the best restaurants of the Arctic regions of Russia and other countries, as well as culinary experts, tour operators and restauranteurs. Key events include the Arctic Cuisine culinary marathon and the blogger battle, which will be broadcast live on the Russian Chairmanship of the Arctic Council and Roscongress Foundation website and the festival community VKontakte social media.

The festival’s events will take place in the old Loft Hall mansion in Moscow. The diversified business and gastronomic program aims to popularize the national cuisine of indigenous peoples of the Arctic zone, developing the gastronomic tourism and economy in this territory while carefully preserving the traditions of the North.

The participants of the business program – representatives of authorities, industry associations, tourist and restaurant business – will discuss the topical issues of preservation and development of national cuisines of the peoples living in the Arctic zone and the ways to attract tourists to these regions. On December 10, the business session “Gastronomy as a Key Attraction for Tourism in the Arctic: Best International Practices” and the presentation of the Arctic Council’s EALLU project on the traditional food culture of indigenous peoples will take place. On December 11, participants will take part in the workshop entitled “National Cuisine Packaging in Street Food Format” and a session entitled “Formation of Made in the Arctic Brand as a Tool for Popularizing the Arctic Cuisine.”

In the evening of December 10, the business program will include an immersive gastronomic Arctic Gala dinner, during which it will be possible to see the chefs preparing dishes of the northern cuisine before serving them. The organizers will also entertain the guests with a show program in the ethnic style. The performers will include the Yakutian Uraan DJ duet, ethno-singer Erkin Alekseev, singer and DJ Alyona Minulina and Khadri Okotetto, a performer of the Nenets epos from Yamal.

For two days, there will be the Arctic Expo technological exhibition featuring multimedia iceberg stands, disclosing the specific features of the Arctic regions of Russia and the Arctic countries. The exhibition visitors will get the most up-to-date information about the national and culturally specific features, tourist and trade potential of these territories, manufacturers working there, marketplaces and opportunities for cooperation.

A rich gastronomic program is also planned. The Arctic Cuisine culinary online marathon will be held at the Taste of the Arctic festival venue for two days and live broadcasted on the Russian Chairmanship of the Arctic Council and Roscongress Foundation website and VKontakte community social media. Original dishes of northern cuisine will be cooked by experienced chefs from restaurants of nine Arctic regions of Russia and the Arctic Council member states. The Russian participants of the marathon include such renowned chefs as Andrey Anikiev from the Roomi northern cuisine restaurant in Arkhangelsk, Alexander Ermolin from the Timan restaurant-museum in Naryan-Mar, Ivan Balin, sous chef of the VKareliiEst museum-restaurant, Ilya Vegera from the Sedmoye Nebo restaurant in Murmansk, Evgeny Alfan from the Aurora restaurant in Yakutsk, renowned chefs from Krasnoyarsk region, Komi Republic and Chukotka.

The culmination of the second day of the festival will be the Chef Versus ICE culinary duel in the Arctic cuisine, during which well-known Russian bloggers trained by experienced chefs of the Far North will show their skills. It will be possible to watch the culinary battle live, just like the Arctic Cuisine marathon, at three online venues. The audience will also have a unique opportunity to watch broadcasts of the master classes of the Arctic indigenous minorities’ recipes on cooking on the open fire. And the guests of the festival immediately present at the site will taste the prepared dishes.

“The peoples of the Arctic and their national cuisine are beautiful and unique. People who have not been to the North should get acquainted with the Arctic flair of local gastronomic traditions. I am sure that the festival will allow drawing attention to our Arctic regions, to the life of the peoples of the Far North and will be an important contribution to the development of Arctic tourism,” said Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and the Arctic.

The initiator of the festival is the Republic of Sakha (Yakutia). The operator of the events of the Russian Chairmanship of the Arctic Council is the Roscongress Foundation.

Link to the broadcast of the events of the festival: https://arctic-council-russia.ru/en/events/arctic-international-gastronomic-festival-to-take-place-in-moscow/

This announcement was originally posted on the website of Global Newswire.

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December 04, 2021

Russia’s First Senior Arctic Officials’ Meeting Strengthened Connections Between People and Regions of the Arctic

Salekhard, Russia, Dec. 02, 2021 (GLOBE NEWSWIRE) — The first Senior Arctic Officials’ (SAO) plenary meeting during the Russian Chairmanship has just concluded in Salekhard and on screens across Arctic States and Observer countries. The Russian Federation hosted around 180 registered delegates from the eight Arctic States and six Indigenous Permanent Participant organizations, as well…

Salekhard, Russia, Dec. 02, 2021 (GLOBE NEWSWIRE) — The first Senior Arctic Officials’ (SAO) plenary meeting during the Russian Chairmanship has just concluded in Salekhard and on screens across Arctic States and Observer countries. The Russian Federation hosted around 180 registered delegates from the eight Arctic States and six Indigenous Permanent Participant organizations, as well as the Arctic Council’s six Working Groups and over thirty Observers in a hybrid meeting format.

The meeting gave Arctic Council delegates the opportunity to discuss and advance on topics common to both the Chairmanship program of the Russian Federation and the Arctic Council’s 10-year Strategic Plan. Topics included Indigenous and regional cooperation; a review of ongoing Arctic Council projects, sustainable socio-economic development; and youth cooperation.

Indigenous and regional cooperation

Enhancing cooperation between Arctic regions and people, especially Indigenous Peoples, is one of the actions outlined in the Council’s Strategic Plan and a priority of the Russian Chairmanship. The Chairmanship therefore engaged delegates in a dialogue on regional and people-to-people cooperation and invited among other speakers its appointed Special Envoy for Indigenous and Regional Cooperation, Mikhail Pogodaev, to give an overview of his mandate and future work in support of the Chairmanship. Upcoming initiatives include an extended events program, as well as a series of special reports that will highlight both challenges and best practice examples from Arctic regions.

Advancing towards the goals of the Council’s Strategic Plan

A substantial part of the meeting was dedicated to the ongoing and emerging projects of the six Arctic Council Working Groups and the Expert Group on Black Carbon and Methane. They presented the progress of their project portfolios and demonstrated how they collaboratively are addressing cross-cutting issues in the Arctic, including wildfires, climate change impacts on Arctic ecosystems, and health issues affecting Indigenous Peoples and other Arctic inhabitants.

“This meeting yet again showcased that the Working Groups are the driving engine of the Council’s work. Projects working on mitigating and adapting to climate change, ensuring sustainable development economic development in the Arctic, exploring emerging threats including zoonoses, digitalizing the linguistic and cultural heritage of Indigenous Peoples, advancing Arctic Resilience towards the impacts of permafrost thaw, evaluating ship traffic in the Northern Sea Route – to just name a few – are already contributing to core actions of the Council’s Strategic Plan,” stated Ambassador Nikolay Korchunov, Chair of the Senior Arctic Officials.

Sustainable socio-economic development in the Arctic

The meeting in Salekhard also brought together representatives of the Arctic Council and the Arctic Economic Council for a special session. This was the second time delegates of both Councils met since signing a bilateral Memorandum of Understanding (MoU) and were able to discuss the key areas of cooperation outlined in the MoU, including sustainable economic development, blue economy, maritime safety, as well as education and capacity building. Delegates emphasized the need to further explore the synergies between the Councils’ respective working groups to enhance opportunities for future collaboration while respecting the rights of Indigenous Peoples.

Youth cooperation

Another important discussion item was the Council’s strong support for fostering sustainable and meaningful collaboration and engagement between youth and the Arctic Council. This commitment is reflected in the Council’s Strategic Plan and a dedicated thematic cluster on youth in the Chairmanship program of the Russian Federation. In Salekhard the discussion on youth engagement was introduced by the Chairmanship’s Youth Envoy for International Cooperation in the Arctic, Mikhail Uksusov, who spoke on youth-related issues in the Arctic and the need to further the potential of Arctic youth. In addition, Ekaterina Evay, RAIPON’s Indigenous Youth Envoy, outlined a series of youth-related Chairmanship events that will provide a platform and facilitate a shared leadership paradigm within the Arctic context.

Cultural program

The delegates were welcomed by the Governor of the Yamal-Nenets Autonomous Region, who was pleased to share an insight to the region, its people, and their ways of life and emphasized the importance to foster a dialogue between people in the Arctic.

The meeting included a cultural program that introduced participants to the traditional livelihoods and cultures of the Indigenous Peoples of the Yamal-Nenets Autonomous Region. Participants were also offered a tasting of northern food prepared by Indigenous youth living in the reindeer herding regions of the Arctic during a reception hosted by the project “EALLU: Indigenous Youth Food Knowledge and Arctic Change” led by the Association of World Reindeer Herders under the Council’s Sustainable Development Working Group.

Next meeting and upcoming events

The next Senior Arctic Officials plenary meeting will take place in Arkhangelsk in May 2022. In the meantime, the Russian Chairmanship’s extended event program will continue, including the Young Leaders of the Arctic Council Countries ICE in Salekhard 6-9 December and an Arctic Food Festival in Moscow on 10-11 December.

Following the SAO meeting on 2 December, Ambassador Korchunov will brief the press at 17:30 YEKT / GMT+5. The press conference will be livestreamed here: https://tass.ru/press/15137 

Photos of the event are available on the Arctic Council’s Flickr account: https://flic.kr/s/aHsmXc9QZQ

The Russian Federation assumed the Chairmanship of the Arctic Council in May 2021 and will chair the intergovernmental forum until spring 2023. The Russian Chairmanship program outlines four priority areas for its two-year term: Arctic inhabitants and Indigenous Peoples, environmental protection and climate change, socioeconomic development, and strengthening the Arctic Council. More about the Russian Chairmanship priorities here: https://arctic-council.org/about/russian-chairmanship-2/. The operator of events under the Russian Chairmanship of the Arctic Council 2021-2023 is the Roscongress Foundation: https://roscongress.org/en/

This announcement was originally posted on the website of Global Newswire.

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December 04, 2021

Onshore wind farm “Nuolivaara”: KfW IPEX-Bank finances further wind energy project of wpd in Finland

KfW IPEX-Bank is financing the construction and operation of the northern Finnish Nuolivaara wind farm for the German project developer WPD Europe GmbH and is contributing all of the debt capital as well as the necessary ancillary facilities. The wind farm with a total capacity of 96.9 MW is located north of the Arctic Circle…

KfW IPEX-Bank is financing the construction and operation of the northern Finnish Nuolivaara wind farm for the German project developer WPD Europe GmbH and is contributing all of the debt capital as well as the necessary ancillary facilities. The wind farm with a total capacity of 96.9 MW is located north of the Arctic Circle near the Finnish town of Kemijärvi.

Seventeen Delta4000-series N163/5.7 turbines made by German manufacturer Nordex are due to be installed. The turbines are cold-climate versions and equipped with an anti-icing system, making constant operation and high yearly energy yields possible despite the challenging climatic conditions. Nordex is responsible for both the supply and the maintenance of the turbines. It is WPD’s fourth joint project with Nordex in Finland.

“We are pleased to be assisting WPD Europe with this wind farm and, in this way, to be jointly contributing to the energy transition”, explained Markus Scheer, member of the Management Board of KfW IPEX-Bank. “This type of project, which makes use of state-of-the-art turbines by German manufacturer Nordex, demonstrates that it is possible to generate ‘green‘ electricity even under challenging local conditions. As a bank, we want to support such technologies to help usher in the transformation towards sustainable and economically and ecologically sound development.”

“In the important growth market of Finland, we rely not only on a strong pipeline but also on proven partnerships,” says Ralf Ketteler, Head of International Project Finance at WPD. “With financial close of the Nuolivaara wind farm and KfW IPEX-Bank as a reliable partner at our side, we are taking another step towards the global climate targets.”

The completion date and start of operation are scheduled for early 2023. While a large portion of the green electricity will be purchased by two Finnish companies via baseload offtake agreements, the remaining volume will be sold directly on the spot market.

Nuolivaara is KfW IPEX-Bank’s third transaction for its long-standing core customer WPD Europe in the Nordics and the 14th Scandinavian wind farm financed in the last 12 years, underlining KfW IPEX-Bank’s commitment to advancing energy transition projects around the world and the export of European technology. With the national company WPD Finland Oy and a pipeline of approx. 1,000 MW, WPD Europe has established a strong position in the Finnish market and plans to expand this further in the future.

 

About WPD

WPD plans and operates wind projects onshore and offshore as well as solar projects. Founded in 1996, the German company has its headquarters in Bremen and is active in 28 countries. It has implemented wind energy projects that encompass around 2,400 turbines with an output of 5,150 MW. The project pipeline includes a total of 12,300 MW onshore and 13,800 MW offshore of wind energy and 1,650 MW of solar energy.

About KfW IPEX-Bank

Within KfW Group, KfW IPEX-Bank is responsible for project and export finance. It supports German and European companies operating in key industrial sectors in global markets by structuring medium and long-term financing for their exports, funding infrastructure investments, securing the supply of raw material and financing environmental and climate protection projects worldwide. As a specialist bank, KfW IPEX-Bank has extensive industry, structuring and country expertise, it takes on leading roles in financing consortia and actively involves other banks, institutional investors and insurance firms. KfW IPEX-Bank operates as a legally independent group subsidiary and is represented in the most important economic and financial centres across the globe.

About the Nordex Group

The Nordex Group has installed over 32 GW of wind energy capacity in over 40 markets and generated a turnover of around EUR  4.6 billion in 2020. The company currently employs over 8,500 staff and has a production network that includes factories in Germany, Spain, Brazil, the USA, India and Mexico. Its product range focuses on onshore turbines, primarily in the 4–5.x-MW class, which are designed to meet market requirements in countries with limited space for expansion and regions with limited grid capacity.

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December 03, 2021

Rare Earth Metals Global Market Report 2021: COVID-19 Growth And Change

New York, Nov. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Rare Earth Metals Global Market Report 2021: COVID-19 Growth And Change” – https://www.reportlinker.com/p06187347/?utm_source=GNW , Pensana Rare Earths PLC, Hastings Technology Metals Limited, Texas Mineral Resources, Shin-Etsu Chemical Co. Ltd, Showa Denko K. K., Rare Elements Resources limited, Ucore Rare Metals, Rainbow…

New York, Nov. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Rare Earth Metals Global Market Report 2021: COVID-19 Growth And Change” – https://www.reportlinker.com/p06187347/?utm_source=GNW
, Pensana Rare Earths PLC, Hastings Technology Metals Limited, Texas Mineral Resources, Shin-Etsu Chemical Co. Ltd, Showa Denko K. K., Rare Elements Resources limited, Ucore Rare Metals, Rainbow Rare Earths, RareX Limited, Leading Edge Materials Corp, and Ionic Rare Earths.

The main types of products of rare earth metals are light rare earth metals, heavy earth metals, and others.The lanthanides with the lowest atomic numbers are known as light rare earth metals and include praseodymium, cerium, samarium, lanthanum, scandium, and neodymium.

The different types of metals include neodymium, yttrium, dysprosium, terbium, europium, cerium, lanthanum, others and are used in magnets, catalysts, metallurgy, polishing, glass, phosphors, ceramics, others.

The global rare earth metals market is expected to grow from $5.22 billion in 2020 to $5.72 billion in 2021 at a compound annual growth rate (CAGR) of 9.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.88 billion in 2025 at a CAGR of 11.6%.

The rare earth metals market consists of sales of rare earth metals by entities (organizations, sole traders, and partnerships) that are used as components in high technology devices in wind turbines, computer hard drives, electric car motors, solar panels, and lithium-ion batteries. Rare earth metals are a group of 17 chemical elements that are all metals and play a vital role in a clean-tech-driven economy.

Asia Pacific was the largest region in the rare earth metals market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

An increase in the demand for electronics is expected to serve as a major driver of the rare earth metals market in the forecast period.Rare earth metals are widely used in the manufacturing of electronic products such as cellular telephones, computer hard drives, flat-screen monitors, and televisions.

According to data by StockApps.com, a UK-based centric brokerage firm that allows users to trade online, global consumer spending in electronics is expected to reach $1.06 trillion in 2021. This will create a significant surge in demand for the rare earth metals market and thus will propel the growth of the rare earth elements.

The development of ultrathin 2D magnets is shaping the rare earth metals market, leading to new applications in computing and electronics.This ultrathin 2D magnet can operate at room temperature and can be used in computing and electronics.

For instance, in July 2021, Scientists at the Department of Energy, Lawrence Berkeley National Laboratory recently developed an ultrathin 2D magnet that is chemically stable under ambient conditions and can be used in high-density, compact spintronic memory devices.

In April 2020, USA Rare Earth, LLC, a US-based company specializing in critical heavy rare earth elements and high-tech metals acquired Hitachi Metals America, Ltd for an undisclosed amount.Under the terms of the agreement, USA Rare Earth bought Hitachi Metals America’s neodymium iron boron (NdFeB) permanent magnet production equipment, which was located in North Carolina.

Hitachi Metals America is a US-based company and a subsidiary of Hitachi Metals that offers rare earth metals such as the family of permanent magnets, Neodymium (Nd)-Iron (Fe) Boron (B).

The countries covered in the rare earth metals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Read the full report: https://www.reportlinker.com/p06187347/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

This announcement was originally posted on the website of Global Newswire.

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December 02, 2021

UBIQ Aerospace and Insitu join forces to “winterize” the Integrator UAS

BINGEN, Wash., Oct. 28, 2021 /PRNewswire/ — UBIQ Aerospace of Trondheim, Norway, and Insitu, Inc. are initiating a project to optimize Insitu’s Integrator™ Unmanned Aircraft System (UAS) for the challenging environment of the Arctic and High North. The project will enable the Integrator UAS to operate during atmospheric icing conditions by incorporating UBIQ Aerospace’s D•ICE™ solution,…

BINGEN, Wash., Oct. 28, 2021 /PRNewswire/ — UBIQ Aerospace of Trondheim, Norway, and Insitu, Inc. are initiating a project to optimize Insitu’s Integrator™ Unmanned Aircraft System (UAS) for the challenging environment of the Arctic and High North.

Insitu Integrator UAV flying in cold weather.

The project will enable the Integrator UAS to operate during atmospheric icing conditions by incorporating UBIQ Aerospace’s D•ICE™ solution, an autonomous, electrothermal system optimized for the size, weight, and power (SWAP) available on small, tactical UAS. Once complete, the Integrator equipped with D•ICE will be the first tactical UAS capable of operating routinely in known icing conditions.

Atmospheric icing has long been one of the great inhibitors to UAS operations because most UAS platforms are designed for warmer climates and lack the SWAP for traditional anti-icing or de-icing equipment.

According to Kim Lynge Sørensen, UBIQ Aerospace co-founder and CEO, “Our objective is to make the Integrator UAS operationally available even during the cold weather conditions experienced in Northern Europe and the Northern- and Arctic Seas. We will achieve such weather robustness by integrating our proprietary D•ICE technology into one of the most proven UAS on the planet.”

Dave Funkhouser, Insitu’s Director of International Business Development, adds: “Insitu has several NATO and NORDEFCO customers who need UAS that can operate year-round in the Arctic and High North. Whether in Alaska, Andøya, or anywhere in-between, this project will make it possible, and we’re thrilled to be working with an innovative Norwegian company such as UBIQ Aerospace.”

The Integrator UAS is a runway-independent, NATO Class I UAS with an 18-kilogram payload capacity and a maximum takeoff weight of nearly 75 kilograms. It can operate on land and ships and features a modular construction that simplifies maintenance and enables payloads to be easily swapped between missions. The Integrator offers more than 24 hours of endurance, depending on the payload configuration and environmental conditions. Insitu has delivered more than 50 systems to customers around the globe.

The project begins in November 2021 with a comprehensive study of the Integrator UAS that will “provide insights related to cold weather vulnerabilities and reveal optimal design options for ice protection,” according to Astrid Myckland Stevik, UBIQ Aerospace’s project manager for the effort.

About UBIQ Aerospace

UBIQ Aerospace provides solutions that enhance the capabilities of UAS and Advanced Air Mobility (AAM) aircraft. Potential icing or visible moisture conditions will no longer be a cause for canceling critical operations. UBIQ Aerospace has created the revolutionary D•ICE autonomous ice protection solutions that allow for aircraft operations in possible and known icing conditions. We offer these capabilities for defense, and commercial OEMs focused on UAS and AAM aircraft. To learn more, visit ubiqaerospace.com, and follow us on LinkedIn and Twitter.

About Insitu

With offices in the U.S., U.K., and Australia, Insitu creates and supports unmanned systems and software technology delivering end-to-end solutions for collecting, processing, and managing sensor data. Our systems have accumulated more than 1.3 million flight hours. Insitu is a wholly-owned subsidiary of The Boeing Company.

For more information, visit www.insitu.com

Contact: [email protected]

INSITU A Boeing Company

Photo – https://mma.prnewswire.com/media/1672997/Integrator_low_pass_with_Mk3_SkyHook.jpg
Logo – https://mma.prnewswire.com/media/685528/INSITU_Logo_v2.jpg

SOURCE Insitu, Inc.

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December 02, 2021

Norwegian Energy Company ASA – Summons for a Written Resolution

OSLO, Norway, July 8, 2021 /PRNewswire/ — Norwegian Energy Company ASA (“Noreco” or the “Company”) has requested Nordic Trustee AS to dispatch a summons for a written resolution to the bondholders of NOR14 (with ISIN NO 0010870900) to make certain amendments as set out in the attached summons. Reference is made to the Trading and…

OSLO, Norway, July 8, 2021 /PRNewswire/ — Norwegian Energy Company ASA (“Noreco” or the “Company”) has requested Nordic Trustee AS to dispatch a summons for a written resolution to the bondholders of NOR14 (with ISIN NO 0010870900) to make certain amendments as set out in the attached summons.

Reference is made to the Trading and Operation Update released on 28 June 2021 where the Company outlined that it intended to ask the bondholders for further leverage covenant headroom under its NOR14 senior unsecured bond agreement.

The Company and its advisors have been in close dialogue with the largest bondholders in NOR14 and now propose amended terms for the bond agreement. The proposed amendments are supported by more than two thirds of the bondholders.

The voting period will expire on 23 July 2021.

Arctic Securities AS and Pareto Securities AS have been engaged as financial advisors to the Company and Advokatfirmaet BAHR AS has been engaged as legal advisor in connection with the amendment proposal.

Contacts: 
Euan Shirlaw, Chief Financial Officer
Email: [email protected]
Phone: +44 (0)797 969 0622

Cathrine Torgersen, EVP Investor Relations
Email: [email protected]
Phone: + 47 915 28 501

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/noreco/r/norwegian-energy-company-asa—summons-for-a-written-resolution,c3381871

The following files are available for download:

https://mb.cision.com/Main/4225/3381871/1442549.pdf

Summons for Written Resolution NOR14

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December 02, 2021

Nornickel 2021 Annual Capital Markets Day: Leading the Transition to a Net Zero World

MOSCOW – November 29, 2021 – (Newswire.com) PJSC MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, led by Vladimir Potanin, hosted its annual Capital Markets Day. The Company’s environmental program has reached a number of new milestones in Kola division, whereas the delivery…

MOSCOW – November 29, 2021 – (Newswire.com)

PJSC MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, led by Vladimir Potanin, hosted its annual Capital Markets Day.

The Company’s environmental program has reached a number of new milestones in Kola division, whereas the delivery on the Sulphur Programme 2.0 in Norilsk division is on track. Nornickel has been successful at ramping up capex this year, which is expected to increase by more than 50% from 2020.

Nornickel’s metals basket is absolutely critical to support the global transition to a net zero world, and its core growth projects are on track and long-term production volume targets have been raised. The management’s strategic goal is to navigate Nornickel to the premier league of the future green economy and become a leader in sustainability. This translates into compliance with the national technical and legal requirements, and adherence to the industry’s highest ESG standards.

Expansion of capital investments with a clear focus on ESG

Nornickel has updated its long-term CAPEX program through the year 2021-2030, raising it by USD 6bn to USD 35bn, of which about USD 6bn will be allocated to environmental projects. Another major revision is the USD 8bn investment into energy infrastructure modernization of renewable energy assets, high-voltage transmission lines, and investments in additional projects in production and transportation of natural gas. Another USD 2bn will go towards the maintenance and upgrade of existing assets, capital repairs and new equipment.

Nornickel has raised its long-term strategic ambitions for 2030+ of metals production, aiming for 25-35% growth in nickel volumes, 50-60% in PGMs and 25-35% in copper. The Company also targets to gain a substantial market share in the fast-growing battery segment through supply agreements and deeper integration into the European battery value chain, including research and partnerships.

Vladimir Potanin, Nornickel’s President, commented: “We have started to roll-out a permafrost monitoring system in Norilsk and have committed to a major renovation of our energy infrastructure. In addition to a better management of climate change related risks, we anticipate to get significant carbon dioxide emission cuts as the efficiency of our power generating equipment should improve.

“On the social front, we have committed to a number of programs, which aim to transform the city of Norilsk into a modern city with high living standards. Over business cycles, our metals basket has shown its natural resilience to changes in underlying demand for commodities. Our course forward is towards integration into the new green economy. Higher focus on the global climate agenda drives up the demand for our key metals and reconfirms our strategy to grow production. I believe that transformational investments will result in higher value for Nornickel and its shareholders, combining industry-leading profitability and top-notch ESG standards.”

More information:

Contact: Tatyana Egorova, [email protected]

Press Release Service
by
Newswire.com

Original Source:

Nornickel 2021 Annual Capital Markets Day: Leading the Transition to a Net Zero World

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December 02, 2021

ValOre Identifies High-Priority Targets for Fully Funded 2022 Exploration Program at Angilak Property

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an exploration update for ValOre’s 100%-owned Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada. “The potential for significant resource expansion and discovery at Angilak is exceptional, including 14 targets with high-grade U3O8 drill…

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSXV: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an exploration update for ValOre’s 100%-owned Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada.

“The potential for significant resource expansion and discovery at Angilak is exceptional, including 14 targets with high-grade U3O8 drill intercepts which span 60 kilometres of underexplored prospective geological trend,” stated ValOre’s Vice President Exploration, Colin Smith. “ValOre is preparing a multi-faceted and fully funded 2022 exploration program to rapidly expand and advance the project, supported by the recently-closed and oversubscribed C$11M financing.”

Angilak Uranium Project 2021 Targeting Highlights

The 2022 Angilak exploration program will comprise a multi-faceted campaign including: core drilling, Enzyme Leach (“EL”) soil sampling, ground geophysics including ground magnetics and VLF-EM, and district-wide prospecting, mapping, and sampling. A property-wide targeting review has identified high-priority targets to be advanced in a fully funded 2022 exploration program, characterized into 3 target classes:

  • Lac 50 Trend Resource Expansion: 4 targets adjacent or contiguous to inferred resource zones;
  • Target Advancement: 10 targets to follow-up ValOre U3O8 drill intercepts at zones not included in the inferred mineral resource;
  • New Discovery: 20 targets which merit drilling.

Complete geophysical and geochemical datasets have been re-processed, re-interpreted and re-integrated into the Angilak geological and targeting model. In addition, 466 square kilometres (46,600 hectares) of new WorldView spectral data and high-spatial resolution imagery covers 100% of the high-priority targets and prospective basin-margin. Key areas along two major trends have been identified for completion of ground magnetics, VLF-EM and EL geochemical sampling.

ValOre has closed a C$11M financing to support a significant exploration program at Angilak in 2022 (CLICK HERE for news release dated November 17, 2021).

Targets to Drive Significant Resource Expansion and Future Discoveries

Angilak is a world-class advanced uranium exploration project with tremendous upside potential in a vastly underexplored district. The on-going property-wide targeting review has identified 34 targets to date, which are characterized into 3 classes: Resource Expansion, Target Advancement (ValOre-drilled high-grade U3O8 intercepts at pre-resource targets), and New Discovery (targets undrilled by ValOre). See Figure 1 below for a regional map of the Angilak Property, summarizing the locations and classes of the 34 targets reported herein, and the extent of additional planned ground magnetic and VLF-EM surveys and EL soil sampling.

Figure 1: Regional Plan Map of Angilak Property is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1770ab54-4e1d-4665-86dd-ce89784d7f42

Lac 50 Resource Expansion

The 2013 Lac 50 inferred mineral resource comprises 2,831,000 tonnes grading 0.69% U3O8, totaling 43.3 million pounds (“Mlbs”) of U3O8, representing Canada’s highest grade uranium deposit outside of the Athabasca Basin. In addition to uranium, the Lac 50 Trend contains significant quantities of silver, molybdenum and copper as outlined in the resource, and is interpreted as a basement hosted, vein-hydrothermal type, unconformity-associated uranium deposit. CLICK HERE for a summary table of the Lac 50 inferred resource estimate.

Lac 50 hosts significant resource expansion potential, with multiple high-grade U3O8 extension targets remaining wide open. Mineralization occurs as southwest plunging shoots, which have been traced by drilling to a maximum vertical depth of approximately 380 metres (“m”) and along a strike length of over 6 kilometres (“km”).

Resource Expansion Target (J4 West – Example)

Lac 50’s J4 Zone (“J4”) contributes 15.3 Mlbs of U₃O₈ grading 0.75% U₃O₈, 30.1 g/t Ag, 0.20% Mo and 0.26% Cu to the overall Lac 50 Trend resource. J4 remains entirely open down-plunge, and the re-processed ground VLF-EM data highlights a distinct off-set and interpreted continuation of the uranium-rich conductor immediately to the east-southeast of the resource zone. See Figures 2 and 3 below for a plan maps and 3D cross sections of J4, showing the fully open high-grade U₃O₈ shoots at depth, and the potential for continuation of the J4 and Ray zones along their interpreted fault offset to the west.

Similar resource upside has also been identified at Lac 50’s Eastern Extension (“EE”), Western Extension (‘WE”) and Main Zone (“MZ”), all of which will be considered for targeted expansion drilling.

Figure 2: Plan Map of J4 and Ray Resource Zones, and J4 West Resource Expansion Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ee093c2-242f-410f-86cb-5729f6eaacd7 

Figure 3: Cross Section of J4 and Ray Resource Zones, and J4 West Resource Expansion Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d426a902-79ec-4878-919a-0ad0d6395bc1

Target Advancement (Blaze – Example)

The Blaze Target (Figure 4) is located approximately 2 km west of the Lac 50 Trend. Mineralization occurs as complex pitchblende veins and disseminated sulphides in quartz-carbonate veins and breccia. The Blaze Target has been drilled across a strike length of 100 m, with significant mineralization intersected between 30 and 126 m depth below surface. A total of 3,466 m in 24 drill holes drilled in 2010 and 2011 investigated mineralization at Blaze. The most notable Blaze drill hole is 11-BZ-010 assaying 1.01% U₃O₈ over 25.4 m. Subsequent drill holes suggest the true width of this intercept to be roughly 4 m. Blaze is untested by drilling for at least 1000 m to the west-northwest along a strongly anomalous uranium-in-soils trend (EL) and related to a 600 m VLF-EM conductor.

Figure 4: Plan Map of Blaze Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e2c83566-d13c-4d88-a24c-4ea9ba64b911

New Discovery Target (RIB – Example)

The RIB target (Figure 5) was identified as a basement conductor by Noranda Exploration Ltd. in 1976. During 1977-78, 14 of 25 diamond drill holes over a 1.2-km trend intersected uranium mineralization at shallow depths (less than 35 m), with the two best intercepts being 0.19% U3O8 over 9.3 m, including 0.52% U3O8 over 2.6 m and 1.61% U3O8 over 0.7 m. Exploration by ValOre in 2014 confirmed the RIB conductor using airborne VTEM geophysics. EL soil samples also outlined a corresponding 4-km-long uranium geochemical trend extending northeast, southwest and south of the historic Noranda drilling. Cobbles discovered south of the historic Noranda drilling near the anomalous EL soil geochemical samples assayed 5.34% U and lie on a parallel geophysical conductive trend approximately 500 m southeast of the conductor tested by the Noranda drilling. Planned ground magnetic and VLF-EM coverage will assist in better correlating the EL uranium anomalies with specific conductor targets prior to drilling.

Figure 5: Plan Map of RIB Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a084a500-18ca-4e80-8149-21b013e4bd2d

About Angilak

The 59,483-hectare Angilak Property is situated in the mining- and exploration-friendly Nunavut Territory, Canada, and has district-scale potential for uranium, precious and base metals. Since acquisition, ValOre has invested over C$55 million on resource delineation and exploration drilling (89,572 metres in 589 drill holes), metallurgy, geophysics, geochemistry, and logistics across the large land package. This work supported the development of the significant Lac 50 Trend NI 43-101 inferred resource estimate (“Lac 50”).

The Lac 50 NI 43-101 Technical Report (effective date March 1, 2013) defined an inferred resource estimate which represents Canada’s highest-grade uranium resource outside of Saskatchewan, and one of highest-grade uranium resources on a global basis. Highlights include:

  • 43.3 Mlbs U3O8 in 2,831,000 tonnes grading 0.69% U3O8CLICK HERE for a summary table of the Lac 50 Trend inferred resource estimate;
  • Supported by 351 resource delineation drill holes totaling 62,023 metres (“m”);
  • Metallurgical results for Lac 50 demonstrate high uranium recoveries and rapid leach kinetics. See news releases: February 28, 2013September 11, 2013 and February 27, 2014;
  • Lac 50 Trend is a 15 kilometre (“km”) by 3 km area with excellent potential for resource growth and new discoveries;
  • Uranium mineralization starts at surface, and has been drilled to 380 m vertical depth;

CLICK HERE for ValOre’s May 6, 2021 video summarizing the highlights of Angilak.

CLICK HERE for ValOre’s May 6, 2021 video reviewing the 2021 focus for Angilak.

About WorldView Spectral Data

CLICK HERE for ValOre’s summary of WorldView spectral data, and CLICK HERE for additional information from DigitalGlobe™ on the Hi-Res WV-3 orbiting system.

Qualified Person (“QP”)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Colin Smith, P.Geo., ValOre’s QP and Vice President of Exploration.

Information in this presentation related to the independent Angilak mineral resource estimate has been approved by Michael Dufresne, M.Sc. P.Geo., President of Apex Geoscience Ltd., Robert Sim, P.Geo. of SIM Geological Inc. and Bruce Davis, FAusIMM of BD Resources Consulting Inc., who are independent QPs as defined under NI 43‐101.

Susan Lomas, P.Geo., of LGGC is the QP, as defined in NI 43-101, responsible for the Pedra Branca mineral resource estimates as reported below.

About ValOre Metals Corp.

ValOre Metals Corp. (TSXV: VO) is a Canadian company with a portfolio of high‐quality exploration projects. ValOre’s team aims to deploy capital and knowledge on projects which benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration, process improvement, and innovation.

In May 2019, ValOre announced the acquisition of the Pedra Branca Platinum Group Elements (PGE) property, in Brazil, to complement its existing Angilak uranium, Genesis/Hatchet uranium and Baffin gold projects in Canada.

The Pedra Branca PGE Project comprises 51 exploration licenses covering a total area of 55,984 hectares (138,339 acres) in northeastern Brazil. At Pedra Branca, 5 distinct PGE+Au deposit areas host, in aggregate, a current Inferred Resource of 1,067,000 ounces 2PGE+Au contained in 27.2 million tonnes grading 1.22 g/t 2PGE+Au (CLICK HERE for ValOre’s July 23, 2019 news release). All the currently known Pedra Branca inferred PGE resources are potentially open pittable.

Comprehensive exploration programs have demonstrated the “District Scale” potential of ValOre’s Angilak Property in Nunavut Territory, Canada that hosts the Lac 50 Trend having a current Inferred Resource of 2,831,000 tonnes grading 0.69% U3O8, totaling 43.3 million pounds U3O8. *For disclosure related to the inferred resource for the Lac 50 Trend uranium deposits, please CLICK HERE for ValOre’s news release dated March 1, 2013.

ValOre’s team has forged strong relationships with sophisticated resource sector investors and partner Nunavut Tunngavik Inc. (NTI) on both the Angilak and Baffin Gold Properties. ValOre was the first company to sign a comprehensive agreement to explore for uranium on Inuit Owned Lands in Nunavut Territory and is committed to building shareholder value while adhering to high levels of environmental and safety standards and proactive local community engagement.

On behalf of the Board of Directors,

“Jim Paterson”

James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about ValOre Metals Corp., or this news release, please visit our website at www.valoremetals.com or contact Investor Relations at 604.653.9464, or by email at [email protected].

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking statements” within the meaning of applicable securities laws. Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable, such statements have been based on factors and assumptions concerning future events that may prove to be inaccurate. These factors and assumptions are based upon currently available information to ValOre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the future operations of ValOre and economic factors. Readers are cautioned to not place undue reliance on forward-looking statements. The statements in this press release are made as of the date of this release and, except as required by applicable law, ValOre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. ValOre undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of ValOre, or its financial or operating results or (as applicable), their securities.

This announcement was originally posted on the website of Global Newswire.

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December 01, 2021

IMO moves ahead on GHG emissions, Black Carbon and marine litter

Marine Environment Committee agrees to initiate GHG strategy review, recognizing need for strengthened ambitions ​The MEPC  agreed to initiate the revision of the Initial IMO Strategy on Reduction of GHG emissions from ships, recognizing the need to strengthen the ambition during the revision process.   The International Maritime Organization (IMO) in view of the urgency…

Marine Environment Committee agrees to initiate GHG strategy review, recognizing need for strengthened ambitions

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​The MEPC  agreed to initiate the revision of the Initial IMO Strategy on Reduction of GHG emissions from ships, recognizing the need to strengthen the ambition during the revision process.

 

The International Maritime Organization (IMO) in view of the urgency for all sectors to accelerate their efforts to reduce GHG emissions – as emphasized in the recent IPCC reports and the Glasgow Climate Pact – recognized the need to strengthen the ambition of the Initial IMO GHG Strategy during its revision process. The MEPC has agreed to initiate the revision of its GHG strategy. IMO’s Marine Environment Protection Committee (MEPC), meeting virtually for its 77th session, 22-26 November 2021, also adopted a resolution on voluntary use of cleaner fuels in the Arctic, to reduce black carbon emissions.

In other work, the MEPC adopted a strategy to address marine plastic litter from ships; adopted revised guidelines for exhaust gas cleaning systems (EGCS) and agreed the scope of work on discharge water of EGCS; and considered matters related to the Ballast Water Management Convention.

Tackling climate change – cutting GHG emissions from ships

The MEPC  agreed to initiate the revision of the Initial IMO Strategy on Reduction of GHG emissions from ships, recognizing the need to strengthen the ambition during the revision process. The move comes in the wake of the United Nations Climate Change Conference (COP 26), held in  Glasgow, United Kingdom, (1-12 November) and in view of the urgency for all sectors to accelerate their efforts to reduce GHG emissions.

A final draft Revised IMO GHG Strategy would be considered by MEPC 80 (scheduled to meet in spring 2023), with a view to adoption.

The Initial IMO Strategy on Reduction of GHG Emissions from Shipping was adopted in 2018. (see https://www.imo.org/en/MediaCentre/HotTopics/Pages/Cutting-GHG-emissions.aspx ) .

The Committee invited interested Member States and international organizations to work together and to submit concrete proposals for a revised IMO GHG Strategy to MEPC 78 (June 2022) for consideration.

Closing the session, IMO Secretary-General Kitack Lim said: “Strengthening the ambition of the Initial IMO GHG Strategy during its revision will be crucial. Our collective actions must show our dedication to contribute towards the global issue, climate change.”

Discussion of proposals to further reduce GHG emissions from shipping

A number of proposals for further mid-term GHG reduction measures, including market-based measures, to address GHG emissions from shipping, as well as a proposal to establish an International Maritime Research and Development Board, were discussed during the session. This followed presentation of a number of proposals in the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG GHG 10).

Following a constructive discussion, the Committee referred the proposals and relevant documents, including associated impact assessments, to the next sessions ISWG-GHG for further assessment in accordance with Phase I of the Organization’s Work plan on the development of mid-term measures.

The terms of reference for the next sessions of the ISWG-GHG were agreed. ISWG-GHG 11 is set to meet 14 to 18 March 2022 and ISWG-GHG 12, 16 to 20 May 2022

Impact assessment of GHG measures

The Initial IMO GHG strategy recognizes that the impacts on States of proposed measures that should be assessed and taken into account as appropriate, with particular attention paid to the needs of developing countries, especially small island developing States (SIDS) and least developed countries (LDCs).

The Committee agreed to establish an Ad-hoc Expert Workshop on Impact Assessments to consider concrete proposals for improving the impact assessment procedure and provide recommendations as part of the lessons-learned exercise, the outcome of which will be submitted to ISWG-GHG 11. The workshop is set to be held 8 -9 March 2022.

 

GHG TC Trust Fund

New pledges were made by Governments to support the work of the Organization in supporting the implementation of the Initial GHG Strategy in developing countries, in particular SIDS and LDCs, through technical cooperation and capacity building through the IMO GHG TC Trust Fund.  These pledges will enhance the Organization’s work on energy efficiency technology cooperation and demonstration ensuring nobody is left behind in implementing the Initial Strategy.

 

Correspondence Group on Carbon Intensity Reduction

A Correspondence Group on Carbon Intensity Reduction was established, to finalize and update guidelines. These relate, in particular, to the short-term measures adopted in 2021, consisting of technical (EEXI) and operational (CII and its rating) measures. These mandatory rules are expected to enter into force in November 2022, aiming at 40% reduction of carbon intensity by 2030. (Read more here.)

Meanwhile, the MEPC approved the MEPC circular on 2021 Guidance on treatment of innovative energy efficiency technologies for calculation and verification of the attained EEDI and EEXI, particularly accommodating the use of wind propulsion as an alternative (complimentary) source of propulsion.

 

Black carbon in the Arctic – resolution adopted

The MEPC adopted a resolution which urges Member States and ship operators to voluntarily use distillate or other cleaner alternative fuels or methods of propulsion that are safe for ships and could contribute to the reduction of Black Carbon emissions from ships when operating in or near the Arctic.

The resolution encourages Member States to commence addressing the threat to the Arctic from Black Carbon emissions, and report on measures and best practices to reduce Black Carbon emissions from shipping

The Committee further agreed the terms of reference for the PPR Sub-Committee’s future work on reduction of the impact on the Arctic of Black Carbon emissions from international shipping.

 

Revised Guidelines for exhaust gas cleaning systems adopted

The MEPC adopted 2021 Guidelines for exhaust gas cleaning systems, to update the last version adopted in 2015 (see PPR 7).

The Committee approved an MEPC circular with updated guidance on indication of ongoing compliance in the case of the failure of a single monitoring instrument, and recommended actions to take if the exhaust gas cleaning system (EGCS) fails to meet the provisions of the EGCS Guidelines.

 

Evaluation and harmonization of rules and guidance on the discharge of discharge water from EGCS

The Committee agreed the scope of work for the PPR Sub-Committee relating to evaluation and harmonization of rules and guidance on EGCS discharge  water  into the aquatic environment, including the conditions and areas for discharge. The work will cover: risk assessment; impact assessment; delivery of EGCS residues; regulatory matters; and developing a database of substances identified in EGCS discharge water.

The PPR Sub-Committee is set to meet for its 9th session in April 2022.

 

Strategy to address marine plastic litter from ships adopted

The MEPC, in order to enhance implementation of IMO’s mandatory international regulations, adopted the Strategy to address marine plastic litter from ships, which sets out the ambitions to reduce marine plastic litter generated from, and retrieved by, fishing vessels; reduce shipping’s contribution to marine plastic litter; and improve the effectiveness of port reception and facilities and treatment in reducing marine plastic litter.

The Strategy also aims to achieve further outcomes, including: enhanced public awareness, education and seafarer training; improved understanding of the contribution of ships to marine plastic litter; improved understanding of the regulatory framework associated with marine plastic litter from ships; strengthened international cooperation; and targeted technical cooperation and capacity-building.

The adoption of the Strategy follows the adoption, in 2018, of the IMO Action Plan to address marine litter (read more here: https://www.imo.org/en/MediaCentre/HotTopics/Pages/marinelitter-default.aspx)

IMO, in cooperation with the Food and Agriculture Organization of the United Nations (FAO), is implementing the GloLitter Partnerships Project which aims to help shipping and fisheries move to a low-plastics future. (Read more here:  https://wwwcdn.imo.org/localresources/en/OurWork/PartnershipsProjects/Documents/DPP-Factsheets/DPP%20one-page%20fact%20sheets_(25-10-21)_FINAL_ONLINE_GLOLITTER.pdf )

 

Marking of fishing gear

The Committee considered proposals related to making the marking of fishing gear mandatory. It agreed to refer relevant documents to PPR 9 for further discussion.

Garbage Record Book

The MEPC considered a proposal to extend the requirement for a Garbage Record Book to ships less than 400 GT and equal to or greater than 100 GT. It agreed to instruct the PPR Sub-Committee to prepare draft amendments to MARPOL Annex V.

Plastic pollution by plastic pellets

A document submitted by Sri Lanka, reporting on the May 2021 MV X-Press Pearl incident, during which 11,000 tonnes of plastic pellets were spilled off the shore of Colombo, Sri Lanka, was referred by the Committee to the PPR Sub-committee for further discussion.

Harmful aquatic organisms in ballast water

The MEPC was updated on the experience-building phase associated with the Ballast Water Management Convention (BWM), which has been in force since 2017 and aims to prevent the spread of invasive aquatic species in ballast water. The Committee was informed that there is now available data from 35 Member States and seven other stakeholders. corresponding to approximately 15,000 ships. This is currently being analysed by the World Maritime University (WMU) and a full data analysis report will be submitted to MEPC 78.

The MEPC approved a unified interpretation of the Date to be used for determining the implementation of mandatory commissioning testing of individual ballast water management systems in accordance with resolution MEPC.325(75). The MEPC also established fundamental elements to be taken into account for the further development of guidance on measures that may be taken when ballast water management systems encounter challenging water quality on uptake.

 

Annex II draft amendments on categorization of noxious liquid substances approved 

The MEPC approved draft amendments to appendix I (Guidelines for the categorization of noxious liquid substances) to MARPOL Annex II that are consequential to the revised GESAMP Hazard Evaluation Procedure, which was approved by GESAMP as part of the GESAMP Hazard Evaluation Procedure for Chemicals Carried by Ships, 2019 (GESAMP Reports and Studies No.102). The draft amendments will be circulated, with a view to adoption at MEPC 78.

Next MEPC sessions

MEPC 78 has been tentatively scheduled to take place from 6 to 10 June 2022 and MEPC 79 from 12 to 16 December 2022.

If the Committee session will be held in person, the Secretariat delegations at least 90 days prior to the session, depending on the COVID-19 pandemic situation.

 

Election of chair 

Mr. Hideaki Saito (Japan) was re-elected as chair for 2022.  Mr. Harry Conway (Liberia) was also re-elected as the Vice-Chair.

This press release was initially published at: https://www.imo.org/en/MediaCentre/PressBriefings/pages/MEPC77.aspx

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Arctic Researchers and Experts Gather Virtually for the ArcticNet Annual Scientific Meeting 2021

QUEBEC CITY, Dec. 06, 2021 (GLOBE NEWSWIRE) — ArcticNet is thrilled to host its 17th Annual Scientific Meeting (ASM2021) virtually from December 6-10, 2021. The ASM2021 welcomes researchers, students, Inuit, Northerners, policymakers and stakeholders from across the North to address the numerous environmental, social, economic and political challenges and opportunities emerging from climate change and modernization in

QUEBEC CITY, Dec. 06, 2021 (GLOBE NEWSWIRE) — ArcticNet is thrilled to host its 17th Annual Scientific Meeting (ASM2021) virtually from December 6-10, 2021. The ASM2021 welcomes researchers, students, Inuit, Northerners, policymakers and stakeholders from across the North to address the numerous environmental, social, economic and political challenges and opportunities emerging from climate change and modernization in the Arctic.

As one of the largest Arctic research gatherings in the world, the ASM2021 is the hub for Arctic and northern research excellence and knowledge sharing in Canada. This year, renowned researchers from all fields of northern research will showcase results, projects and lessons learned across five expert plenary panels, with 23 world-class plenary speakers, 56 topical sessions, 200 oral presentations and over 150 research posters. Presentations come from a range of academic, government, Northern, and Indigenous and Inuit researchers and experts. This conference is an opportunity to hear the stories of research leaders in the context of a rapidly changing Arctic.

The ASM2021 also creates space to celebrate research innovation, inclusion, and excellence through its Award Ceremony. Awards will be on Friday, December 10 starting at 12:30PM including from:

  1. Student Poster Awards, sponsored by Oceans Networks Canada, Canadian Science Publishing and Sentinel North
  2. The David Thomas Student Poster Award in Climate Change Research, sponsored by Lighthouse Brewing
  3. The Inuit Partnership of Excellence Award and the Inuit Recognition Award
  4. The Polar Knowledge Canada Northern Science Award and Centenary Medal
  5. The ArcticNet Student Association and APECS Canada Mentorship Award

Quick Facts

WHAT: ArcticNet Annual Scientific Meeting 2021
WHERE: Hosted virtually: conference platform
WHO: The complete list of presenters is available on our website and the conference platform.

  • 1000+ attendees
  • 297 (29%) Northerners
  • 271 Students
  • 17 countries

WHEN: December 6-10, 2021

  • 9:30AM to 5:30PM EST December 6
  • 10:30 AM to 4:15 PM EST December 7 to 9
  • 10:45 AM to 2:00PM on Friday.

Quotes

“The ArcticNet Annual Scientific Meeting is the central hub for Arctic and northern research excellence and knowledge sharing in Canada. This week brings together the Arctic research community to foster collaboration, share research results, and celebrate Arctic research excellence.”

  • Dr. Christine Barnard, Executive Director, ArcticNet

“ArcticNet is working hard to ensure that Canada remains a global leader in Arctic science, but that we do it our way. And our way includes full recognition of self-determination in research and Indigenous leadership in research.”

  • Dr. Jackie Dawson, Co-Scientific Director, ArcticNet

« C’est impossible de travailler seul dans l’Arctique. La collaboration au sein d’un réseau vaut bien plus que la somme des parties qui le composent. ArcticNet représente un véritable réseau arctique pancanadien et cette conférence rassemble le réseau d’une manière importante. »

  • Dr. Philippe Archambault, Co-Scientific Director, ArcticNet

“We’ve been really pleased to see the development of the relationship between the academic and scientific community, government, industry, and Inuit on a shared path toward Inuit self-determination in research, and a shared path towards all Arctic science.”

  • Natan Obed, President of Inuit Tapiriit Kanatami Canada

“Cette réunion a lieu à un moment crucial dans les efforts déployés pour atténuer les effets des changement climatiques. Je n’ai pas besoin de vous dire que le Nord devra faire face, et a déjà fait face aux répercussions des changement climatique plus que toute autre région du pays”

  • The Honourable Dan Vandal, Minister of Northern Affairs

For more access to the conference, more information, and media inquiries, please contact:
Charlee Heath
ArcticNet Communications Officer
[email protected]
(343) 202-2152

This announcement was originally posted on the website of Global Newswire.

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Taste of the Arctic International Gastronomic Festival to Take Place in Moscow

Moscow, Dec. 03, 2021 (GLOBE NEWSWIRE) — Moscow will host the Taste of the Arctic International Gastronomic Festival of northern cuisine within the frames of Russia’s Chairmanship of the Arctic Council on Dec. 10–11, 2021. The participants of the two-day business and gastronomic program will be representatives of the Arctic countries, federal and regional government

Moscow, Dec. 03, 2021 (GLOBE NEWSWIRE) — Moscow will host the Taste of the Arctic International Gastronomic Festival of northern cuisine within the frames of Russia’s Chairmanship of the Arctic Council on Dec. 10–11, 2021. The participants of the two-day business and gastronomic program will be representatives of the Arctic countries, federal and regional government authorities, ambassadors of the Arctic Council member states, chefs from the best restaurants of the Arctic regions of Russia and other countries, as well as culinary experts, tour operators and restauranteurs. Key events include the Arctic Cuisine culinary marathon and the blogger battle, which will be broadcast live on the Russian Chairmanship of the Arctic Council and Roscongress Foundation website and the festival community VKontakte social media.

The festival’s events will take place in the old Loft Hall mansion in Moscow. The diversified business and gastronomic program aims to popularize the national cuisine of indigenous peoples of the Arctic zone, developing the gastronomic tourism and economy in this territory while carefully preserving the traditions of the North.

The participants of the business program – representatives of authorities, industry associations, tourist and restaurant business – will discuss the topical issues of preservation and development of national cuisines of the peoples living in the Arctic zone and the ways to attract tourists to these regions. On December 10, the business session “Gastronomy as a Key Attraction for Tourism in the Arctic: Best International Practices” and the presentation of the Arctic Council’s EALLU project on the traditional food culture of indigenous peoples will take place. On December 11, participants will take part in the workshop entitled “National Cuisine Packaging in Street Food Format” and a session entitled “Formation of Made in the Arctic Brand as a Tool for Popularizing the Arctic Cuisine.”

In the evening of December 10, the business program will include an immersive gastronomic Arctic Gala dinner, during which it will be possible to see the chefs preparing dishes of the northern cuisine before serving them. The organizers will also entertain the guests with a show program in the ethnic style. The performers will include the Yakutian Uraan DJ duet, ethno-singer Erkin Alekseev, singer and DJ Alyona Minulina and Khadri Okotetto, a performer of the Nenets epos from Yamal.

For two days, there will be the Arctic Expo technological exhibition featuring multimedia iceberg stands, disclosing the specific features of the Arctic regions of Russia and the Arctic countries. The exhibition visitors will get the most up-to-date information about the national and culturally specific features, tourist and trade potential of these territories, manufacturers working there, marketplaces and opportunities for cooperation.

A rich gastronomic program is also planned. The Arctic Cuisine culinary online marathon will be held at the Taste of the Arctic festival venue for two days and live broadcasted on the Russian Chairmanship of the Arctic Council and Roscongress Foundation website and VKontakte community social media. Original dishes of northern cuisine will be cooked by experienced chefs from restaurants of nine Arctic regions of Russia and the Arctic Council member states. The Russian participants of the marathon include such renowned chefs as Andrey Anikiev from the Roomi northern cuisine restaurant in Arkhangelsk, Alexander Ermolin from the Timan restaurant-museum in Naryan-Mar, Ivan Balin, sous chef of the VKareliiEst museum-restaurant, Ilya Vegera from the Sedmoye Nebo restaurant in Murmansk, Evgeny Alfan from the Aurora restaurant in Yakutsk, renowned chefs from Krasnoyarsk region, Komi Republic and Chukotka.

The culmination of the second day of the festival will be the Chef Versus ICE culinary duel in the Arctic cuisine, during which well-known Russian bloggers trained by experienced chefs of the Far North will show their skills. It will be possible to watch the culinary battle live, just like the Arctic Cuisine marathon, at three online venues. The audience will also have a unique opportunity to watch broadcasts of the master classes of the Arctic indigenous minorities’ recipes on cooking on the open fire. And the guests of the festival immediately present at the site will taste the prepared dishes.

“The peoples of the Arctic and their national cuisine are beautiful and unique. People who have not been to the North should get acquainted with the Arctic flair of local gastronomic traditions. I am sure that the festival will allow drawing attention to our Arctic regions, to the life of the peoples of the Far North and will be an important contribution to the development of Arctic tourism,” said Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and the Arctic.

The initiator of the festival is the Republic of Sakha (Yakutia). The operator of the events of the Russian Chairmanship of the Arctic Council is the Roscongress Foundation.

Link to the broadcast of the events of the festival: https://arctic-council-russia.ru/en/events/arctic-international-gastronomic-festival-to-take-place-in-moscow/

This announcement was originally posted on the website of Global Newswire.

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Russia’s First Senior Arctic Officials’ Meeting Strengthened Connections Between People and Regions of the Arctic

Salekhard, Russia, Dec. 02, 2021 (GLOBE NEWSWIRE) — The first Senior Arctic Officials’ (SAO) plenary meeting during the Russian Chairmanship has just concluded in Salekhard and on screens across Arctic States and Observer countries. The Russian Federation hosted around 180 registered delegates from the eight Arctic States and six Indigenous Permanent Participant organizations, as well

Salekhard, Russia, Dec. 02, 2021 (GLOBE NEWSWIRE) — The first Senior Arctic Officials’ (SAO) plenary meeting during the Russian Chairmanship has just concluded in Salekhard and on screens across Arctic States and Observer countries. The Russian Federation hosted around 180 registered delegates from the eight Arctic States and six Indigenous Permanent Participant organizations, as well as the Arctic Council’s six Working Groups and over thirty Observers in a hybrid meeting format.

The meeting gave Arctic Council delegates the opportunity to discuss and advance on topics common to both the Chairmanship program of the Russian Federation and the Arctic Council’s 10-year Strategic Plan. Topics included Indigenous and regional cooperation; a review of ongoing Arctic Council projects, sustainable socio-economic development; and youth cooperation.

Indigenous and regional cooperation

Enhancing cooperation between Arctic regions and people, especially Indigenous Peoples, is one of the actions outlined in the Council’s Strategic Plan and a priority of the Russian Chairmanship. The Chairmanship therefore engaged delegates in a dialogue on regional and people-to-people cooperation and invited among other speakers its appointed Special Envoy for Indigenous and Regional Cooperation, Mikhail Pogodaev, to give an overview of his mandate and future work in support of the Chairmanship. Upcoming initiatives include an extended events program, as well as a series of special reports that will highlight both challenges and best practice examples from Arctic regions.

Advancing towards the goals of the Council’s Strategic Plan

A substantial part of the meeting was dedicated to the ongoing and emerging projects of the six Arctic Council Working Groups and the Expert Group on Black Carbon and Methane. They presented the progress of their project portfolios and demonstrated how they collaboratively are addressing cross-cutting issues in the Arctic, including wildfires, climate change impacts on Arctic ecosystems, and health issues affecting Indigenous Peoples and other Arctic inhabitants.

“This meeting yet again showcased that the Working Groups are the driving engine of the Council’s work. Projects working on mitigating and adapting to climate change, ensuring sustainable development economic development in the Arctic, exploring emerging threats including zoonoses, digitalizing the linguistic and cultural heritage of Indigenous Peoples, advancing Arctic Resilience towards the impacts of permafrost thaw, evaluating ship traffic in the Northern Sea Route – to just name a few – are already contributing to core actions of the Council’s Strategic Plan,” stated Ambassador Nikolay Korchunov, Chair of the Senior Arctic Officials.

Sustainable socio-economic development in the Arctic

The meeting in Salekhard also brought together representatives of the Arctic Council and the Arctic Economic Council for a special session. This was the second time delegates of both Councils met since signing a bilateral Memorandum of Understanding (MoU) and were able to discuss the key areas of cooperation outlined in the MoU, including sustainable economic development, blue economy, maritime safety, as well as education and capacity building. Delegates emphasized the need to further explore the synergies between the Councils’ respective working groups to enhance opportunities for future collaboration while respecting the rights of Indigenous Peoples.

Youth cooperation

Another important discussion item was the Council’s strong support for fostering sustainable and meaningful collaboration and engagement between youth and the Arctic Council. This commitment is reflected in the Council’s Strategic Plan and a dedicated thematic cluster on youth in the Chairmanship program of the Russian Federation. In Salekhard the discussion on youth engagement was introduced by the Chairmanship’s Youth Envoy for International Cooperation in the Arctic, Mikhail Uksusov, who spoke on youth-related issues in the Arctic and the need to further the potential of Arctic youth. In addition, Ekaterina Evay, RAIPON’s Indigenous Youth Envoy, outlined a series of youth-related Chairmanship events that will provide a platform and facilitate a shared leadership paradigm within the Arctic context.

Cultural program

The delegates were welcomed by the Governor of the Yamal-Nenets Autonomous Region, who was pleased to share an insight to the region, its people, and their ways of life and emphasized the importance to foster a dialogue between people in the Arctic.

The meeting included a cultural program that introduced participants to the traditional livelihoods and cultures of the Indigenous Peoples of the Yamal-Nenets Autonomous Region. Participants were also offered a tasting of northern food prepared by Indigenous youth living in the reindeer herding regions of the Arctic during a reception hosted by the project “EALLU: Indigenous Youth Food Knowledge and Arctic Change” led by the Association of World Reindeer Herders under the Council’s Sustainable Development Working Group.

Next meeting and upcoming events

The next Senior Arctic Officials plenary meeting will take place in Arkhangelsk in May 2022. In the meantime, the Russian Chairmanship’s extended event program will continue, including the Young Leaders of the Arctic Council Countries ICE in Salekhard 6-9 December and an Arctic Food Festival in Moscow on 10-11 December.

Following the SAO meeting on 2 December, Ambassador Korchunov will brief the press at 17:30 YEKT / GMT+5. The press conference will be livestreamed here: https://tass.ru/press/15137 

Photos of the event are available on the Arctic Council’s Flickr account: https://flic.kr/s/aHsmXc9QZQ

The Russian Federation assumed the Chairmanship of the Arctic Council in May 2021 and will chair the intergovernmental forum until spring 2023. The Russian Chairmanship program outlines four priority areas for its two-year term: Arctic inhabitants and Indigenous Peoples, environmental protection and climate change, socioeconomic development, and strengthening the Arctic Council. More about the Russian Chairmanship priorities here: https://arctic-council.org/about/russian-chairmanship-2/. The operator of events under the Russian Chairmanship of the Arctic Council 2021-2023 is the Roscongress Foundation: https://roscongress.org/en/

This announcement was originally posted on the website of Global Newswire.

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Onshore wind farm “Nuolivaara”: KfW IPEX-Bank finances further wind energy project of wpd in Finland

KfW IPEX-Bank is financing the construction and operation of the northern Finnish Nuolivaara wind farm for the German project developer WPD Europe GmbH and is contributing all of the debt capital as well as the necessary ancillary facilities. The wind farm with a total capacity of 96.9 MW is located north of the Arctic Circle

KfW IPEX-Bank is financing the construction and operation of the northern Finnish Nuolivaara wind farm for the German project developer WPD Europe GmbH and is contributing all of the debt capital as well as the necessary ancillary facilities. The wind farm with a total capacity of 96.9 MW is located north of the Arctic Circle near the Finnish town of Kemijärvi.

Seventeen Delta4000-series N163/5.7 turbines made by German manufacturer Nordex are due to be installed. The turbines are cold-climate versions and equipped with an anti-icing system, making constant operation and high yearly energy yields possible despite the challenging climatic conditions. Nordex is responsible for both the supply and the maintenance of the turbines. It is WPD’s fourth joint project with Nordex in Finland.

“We are pleased to be assisting WPD Europe with this wind farm and, in this way, to be jointly contributing to the energy transition”, explained Markus Scheer, member of the Management Board of KfW IPEX-Bank. “This type of project, which makes use of state-of-the-art turbines by German manufacturer Nordex, demonstrates that it is possible to generate ‘green‘ electricity even under challenging local conditions. As a bank, we want to support such technologies to help usher in the transformation towards sustainable and economically and ecologically sound development.”

“In the important growth market of Finland, we rely not only on a strong pipeline but also on proven partnerships,” says Ralf Ketteler, Head of International Project Finance at WPD. “With financial close of the Nuolivaara wind farm and KfW IPEX-Bank as a reliable partner at our side, we are taking another step towards the global climate targets.”

The completion date and start of operation are scheduled for early 2023. While a large portion of the green electricity will be purchased by two Finnish companies via baseload offtake agreements, the remaining volume will be sold directly on the spot market.

Nuolivaara is KfW IPEX-Bank’s third transaction for its long-standing core customer WPD Europe in the Nordics and the 14th Scandinavian wind farm financed in the last 12 years, underlining KfW IPEX-Bank’s commitment to advancing energy transition projects around the world and the export of European technology. With the national company WPD Finland Oy and a pipeline of approx. 1,000 MW, WPD Europe has established a strong position in the Finnish market and plans to expand this further in the future.

 

About WPD

WPD plans and operates wind projects onshore and offshore as well as solar projects. Founded in 1996, the German company has its headquarters in Bremen and is active in 28 countries. It has implemented wind energy projects that encompass around 2,400 turbines with an output of 5,150 MW. The project pipeline includes a total of 12,300 MW onshore and 13,800 MW offshore of wind energy and 1,650 MW of solar energy.

About KfW IPEX-Bank

Within KfW Group, KfW IPEX-Bank is responsible for project and export finance. It supports German and European companies operating in key industrial sectors in global markets by structuring medium and long-term financing for their exports, funding infrastructure investments, securing the supply of raw material and financing environmental and climate protection projects worldwide. As a specialist bank, KfW IPEX-Bank has extensive industry, structuring and country expertise, it takes on leading roles in financing consortia and actively involves other banks, institutional investors and insurance firms. KfW IPEX-Bank operates as a legally independent group subsidiary and is represented in the most important economic and financial centres across the globe.

About the Nordex Group

The Nordex Group has installed over 32 GW of wind energy capacity in over 40 markets and generated a turnover of around EUR  4.6 billion in 2020. The company currently employs over 8,500 staff and has a production network that includes factories in Germany, Spain, Brazil, the USA, India and Mexico. Its product range focuses on onshore turbines, primarily in the 4–5.x-MW class, which are designed to meet market requirements in countries with limited space for expansion and regions with limited grid capacity.

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Rare Earth Metals Global Market Report 2021: COVID-19 Growth And Change

New York, Nov. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Rare Earth Metals Global Market Report 2021: COVID-19 Growth And Change” – https://www.reportlinker.com/p06187347/?utm_source=GNW , Pensana Rare Earths PLC, Hastings Technology Metals Limited, Texas Mineral Resources, Shin-Etsu Chemical Co. Ltd, Showa Denko K. K., Rare Elements Resources limited, Ucore Rare Metals, Rainbow

New York, Nov. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Rare Earth Metals Global Market Report 2021: COVID-19 Growth And Change” – https://www.reportlinker.com/p06187347/?utm_source=GNW
, Pensana Rare Earths PLC, Hastings Technology Metals Limited, Texas Mineral Resources, Shin-Etsu Chemical Co. Ltd, Showa Denko K. K., Rare Elements Resources limited, Ucore Rare Metals, Rainbow Rare Earths, RareX Limited, Leading Edge Materials Corp, and Ionic Rare Earths.

The main types of products of rare earth metals are light rare earth metals, heavy earth metals, and others.The lanthanides with the lowest atomic numbers are known as light rare earth metals and include praseodymium, cerium, samarium, lanthanum, scandium, and neodymium.

The different types of metals include neodymium, yttrium, dysprosium, terbium, europium, cerium, lanthanum, others and are used in magnets, catalysts, metallurgy, polishing, glass, phosphors, ceramics, others.

The global rare earth metals market is expected to grow from $5.22 billion in 2020 to $5.72 billion in 2021 at a compound annual growth rate (CAGR) of 9.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.88 billion in 2025 at a CAGR of 11.6%.

The rare earth metals market consists of sales of rare earth metals by entities (organizations, sole traders, and partnerships) that are used as components in high technology devices in wind turbines, computer hard drives, electric car motors, solar panels, and lithium-ion batteries. Rare earth metals are a group of 17 chemical elements that are all metals and play a vital role in a clean-tech-driven economy.

Asia Pacific was the largest region in the rare earth metals market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

An increase in the demand for electronics is expected to serve as a major driver of the rare earth metals market in the forecast period.Rare earth metals are widely used in the manufacturing of electronic products such as cellular telephones, computer hard drives, flat-screen monitors, and televisions.

According to data by StockApps.com, a UK-based centric brokerage firm that allows users to trade online, global consumer spending in electronics is expected to reach $1.06 trillion in 2021. This will create a significant surge in demand for the rare earth metals market and thus will propel the growth of the rare earth elements.

The development of ultrathin 2D magnets is shaping the rare earth metals market, leading to new applications in computing and electronics.This ultrathin 2D magnet can operate at room temperature and can be used in computing and electronics.

For instance, in July 2021, Scientists at the Department of Energy, Lawrence Berkeley National Laboratory recently developed an ultrathin 2D magnet that is chemically stable under ambient conditions and can be used in high-density, compact spintronic memory devices.

In April 2020, USA Rare Earth, LLC, a US-based company specializing in critical heavy rare earth elements and high-tech metals acquired Hitachi Metals America, Ltd for an undisclosed amount.Under the terms of the agreement, USA Rare Earth bought Hitachi Metals America’s neodymium iron boron (NdFeB) permanent magnet production equipment, which was located in North Carolina.

Hitachi Metals America is a US-based company and a subsidiary of Hitachi Metals that offers rare earth metals such as the family of permanent magnets, Neodymium (Nd)-Iron (Fe) Boron (B).

The countries covered in the rare earth metals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Read the full report: https://www.reportlinker.com/p06187347/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

This announcement was originally posted on the website of Global Newswire.

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UBIQ Aerospace and Insitu join forces to “winterize” the Integrator UAS

BINGEN, Wash., Oct. 28, 2021 /PRNewswire/ -- UBIQ Aerospace of Trondheim, Norway, and Insitu, Inc. are initiating a project to optimize Insitu's Integrator™ Unmanned Aircraft System (UAS) for the challenging environment of the Arctic and High North. The project will enable the Integrator UAS to operate during atmospheric icing conditions by incorporating UBIQ Aerospace's D•ICE™ solution,...

BINGEN, Wash., Oct. 28, 2021 /PRNewswire/ — UBIQ Aerospace of Trondheim, Norway, and Insitu, Inc. are initiating a project to optimize Insitu’s Integrator™ Unmanned Aircraft System (UAS) for the challenging environment of the Arctic and High North.

Insitu Integrator UAV flying in cold weather.

The project will enable the Integrator UAS to operate during atmospheric icing conditions by incorporating UBIQ Aerospace’s D•ICE™ solution, an autonomous, electrothermal system optimized for the size, weight, and power (SWAP) available on small, tactical UAS. Once complete, the Integrator equipped with D•ICE will be the first tactical UAS capable of operating routinely in known icing conditions.

Atmospheric icing has long been one of the great inhibitors to UAS operations because most UAS platforms are designed for warmer climates and lack the SWAP for traditional anti-icing or de-icing equipment.

According to Kim Lynge Sørensen, UBIQ Aerospace co-founder and CEO, “Our objective is to make the Integrator UAS operationally available even during the cold weather conditions experienced in Northern Europe and the Northern- and Arctic Seas. We will achieve such weather robustness by integrating our proprietary D•ICE technology into one of the most proven UAS on the planet.”

Dave Funkhouser, Insitu’s Director of International Business Development, adds: “Insitu has several NATO and NORDEFCO customers who need UAS that can operate year-round in the Arctic and High North. Whether in Alaska, Andøya, or anywhere in-between, this project will make it possible, and we’re thrilled to be working with an innovative Norwegian company such as UBIQ Aerospace.”

The Integrator UAS is a runway-independent, NATO Class I UAS with an 18-kilogram payload capacity and a maximum takeoff weight of nearly 75 kilograms. It can operate on land and ships and features a modular construction that simplifies maintenance and enables payloads to be easily swapped between missions. The Integrator offers more than 24 hours of endurance, depending on the payload configuration and environmental conditions. Insitu has delivered more than 50 systems to customers around the globe.

The project begins in November 2021 with a comprehensive study of the Integrator UAS that will “provide insights related to cold weather vulnerabilities and reveal optimal design options for ice protection,” according to Astrid Myckland Stevik, UBIQ Aerospace’s project manager for the effort.

About UBIQ Aerospace

UBIQ Aerospace provides solutions that enhance the capabilities of UAS and Advanced Air Mobility (AAM) aircraft. Potential icing or visible moisture conditions will no longer be a cause for canceling critical operations. UBIQ Aerospace has created the revolutionary D•ICE autonomous ice protection solutions that allow for aircraft operations in possible and known icing conditions. We offer these capabilities for defense, and commercial OEMs focused on UAS and AAM aircraft. To learn more, visit ubiqaerospace.com, and follow us on LinkedIn and Twitter.

About Insitu

With offices in the U.S., U.K., and Australia, Insitu creates and supports unmanned systems and software technology delivering end-to-end solutions for collecting, processing, and managing sensor data. Our systems have accumulated more than 1.3 million flight hours. Insitu is a wholly-owned subsidiary of The Boeing Company.

For more information, visit www.insitu.com

Contact: [email protected]

INSITU A Boeing Company

Photo – https://mma.prnewswire.com/media/1672997/Integrator_low_pass_with_Mk3_SkyHook.jpg
Logo – https://mma.prnewswire.com/media/685528/INSITU_Logo_v2.jpg

SOURCE Insitu, Inc.

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Norwegian Energy Company ASA – Summons for a Written Resolution

OSLO, Norway, July 8, 2021 /PRNewswire/ -- Norwegian Energy Company ASA ("Noreco" or the "Company") has requested Nordic Trustee AS to dispatch a summons for a written resolution to the bondholders of NOR14 (with ISIN NO 0010870900) to make certain amendments as set out in the attached summons.  Reference is made to the Trading and...

OSLO, Norway, July 8, 2021 /PRNewswire/ — Norwegian Energy Company ASA (“Noreco” or the “Company”) has requested Nordic Trustee AS to dispatch a summons for a written resolution to the bondholders of NOR14 (with ISIN NO 0010870900) to make certain amendments as set out in the attached summons.

Reference is made to the Trading and Operation Update released on 28 June 2021 where the Company outlined that it intended to ask the bondholders for further leverage covenant headroom under its NOR14 senior unsecured bond agreement.

The Company and its advisors have been in close dialogue with the largest bondholders in NOR14 and now propose amended terms for the bond agreement. The proposed amendments are supported by more than two thirds of the bondholders.

The voting period will expire on 23 July 2021.

Arctic Securities AS and Pareto Securities AS have been engaged as financial advisors to the Company and Advokatfirmaet BAHR AS has been engaged as legal advisor in connection with the amendment proposal.

Contacts: 
Euan Shirlaw, Chief Financial Officer
Email: [email protected]
Phone: +44 (0)797 969 0622

Cathrine Torgersen, EVP Investor Relations
Email: [email protected]
Phone: + 47 915 28 501

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/noreco/r/norwegian-energy-company-asa—summons-for-a-written-resolution,c3381871

The following files are available for download:

https://mb.cision.com/Main/4225/3381871/1442549.pdf

Summons for Written Resolution NOR14

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Nornickel 2021 Annual Capital Markets Day: Leading the Transition to a Net Zero World

MOSCOW – November 29, 2021 – (Newswire.com)

PJSC MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, led by Vladimir Potanin, hosted its annual Capital Markets Day.

The Company’s environmental program has reached a number of new milestones in Kola division, whereas the delivery on the Sulphur Programme 2.0 in Norilsk division is on track. Nornickel has been successful at ramping up capex this year, which is expected to increase by more than 50% from 2020.

Nornickel’s metals basket is absolutely critical to support the global transition to a net zero world, and its core growth projects are on track and long-term production volume targets have been raised. The management’s strategic goal is to navigate Nornickel to the premier league of the future green economy and become a leader in sustainability. This translates into compliance with the national technical and legal requirements, and adherence to the industry’s highest ESG standards.

Expansion of capital investments with a clear focus on ESG

Nornickel has updated its long-term CAPEX program through the year 2021-2030, raising it by USD 6bn to USD 35bn, of which about USD 6bn will be allocated to environmental projects. Another major revision is the USD 8bn investment into energy infrastructure modernization of renewable energy assets, high-voltage transmission lines, and investments in additional projects in production and transportation of natural gas. Another USD 2bn will go towards the maintenance and upgrade of existing assets, capital repairs and new equipment.

Nornickel has raised its long-term strategic ambitions for 2030+ of metals production, aiming for 25-35% growth in nickel volumes, 50-60% in PGMs and 25-35% in copper. The Company also targets to gain a substantial market share in the fast-growing battery segment through supply agreements and deeper integration into the European battery value chain, including research and partnerships.

Vladimir Potanin, Nornickel’s President, commented: “We have started to roll-out a permafrost monitoring system in Norilsk and have committed to a major renovation of our energy infrastructure. In addition to a better management of climate change related risks, we anticipate to get significant carbon dioxide emission cuts as the efficiency of our power generating equipment should improve.

“On the social front, we have committed to a number of programs, which aim to transform the city of Norilsk into a modern city with high living standards. Over business cycles, our metals basket has shown its natural resilience to changes in underlying demand for commodities. Our course forward is towards integration into the new green economy. Higher focus on the global climate agenda drives up the demand for our key metals and reconfirms our strategy to grow production. I believe that transformational investments will result in higher value for Nornickel and its shareholders, combining industry-leading profitability and top-notch ESG standards.”

More information:

Contact: Tatyana Egorova, [email protected]

Press Release Service
by
Newswire.com

Original Source:

Nornickel 2021 Annual Capital Markets Day: Leading the Transition to a Net Zero World

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ValOre Identifies High-Priority Targets for Fully Funded 2022 Exploration Program at Angilak Property

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an exploration update for ValOre’s 100%-owned Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada. “The potential for significant resource expansion and discovery at Angilak is exceptional, including 14 targets with high-grade U3O8 drill

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSXV: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today provided an exploration update for ValOre’s 100%-owned Angilak Property Uranium Project (“Angilak”), located in Nunavut Territory, Canada.

“The potential for significant resource expansion and discovery at Angilak is exceptional, including 14 targets with high-grade U3O8 drill intercepts which span 60 kilometres of underexplored prospective geological trend,” stated ValOre’s Vice President Exploration, Colin Smith. “ValOre is preparing a multi-faceted and fully funded 2022 exploration program to rapidly expand and advance the project, supported by the recently-closed and oversubscribed C$11M financing.”

Angilak Uranium Project 2021 Targeting Highlights

The 2022 Angilak exploration program will comprise a multi-faceted campaign including: core drilling, Enzyme Leach (“EL”) soil sampling, ground geophysics including ground magnetics and VLF-EM, and district-wide prospecting, mapping, and sampling. A property-wide targeting review has identified high-priority targets to be advanced in a fully funded 2022 exploration program, characterized into 3 target classes:

  • Lac 50 Trend Resource Expansion: 4 targets adjacent or contiguous to inferred resource zones;
  • Target Advancement: 10 targets to follow-up ValOre U3O8 drill intercepts at zones not included in the inferred mineral resource;
  • New Discovery: 20 targets which merit drilling.

Complete geophysical and geochemical datasets have been re-processed, re-interpreted and re-integrated into the Angilak geological and targeting model. In addition, 466 square kilometres (46,600 hectares) of new WorldView spectral data and high-spatial resolution imagery covers 100% of the high-priority targets and prospective basin-margin. Key areas along two major trends have been identified for completion of ground magnetics, VLF-EM and EL geochemical sampling.

ValOre has closed a C$11M financing to support a significant exploration program at Angilak in 2022 (CLICK HERE for news release dated November 17, 2021).

Targets to Drive Significant Resource Expansion and Future Discoveries

Angilak is a world-class advanced uranium exploration project with tremendous upside potential in a vastly underexplored district. The on-going property-wide targeting review has identified 34 targets to date, which are characterized into 3 classes: Resource Expansion, Target Advancement (ValOre-drilled high-grade U3O8 intercepts at pre-resource targets), and New Discovery (targets undrilled by ValOre). See Figure 1 below for a regional map of the Angilak Property, summarizing the locations and classes of the 34 targets reported herein, and the extent of additional planned ground magnetic and VLF-EM surveys and EL soil sampling.

Figure 1: Regional Plan Map of Angilak Property is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1770ab54-4e1d-4665-86dd-ce89784d7f42

Lac 50 Resource Expansion

The 2013 Lac 50 inferred mineral resource comprises 2,831,000 tonnes grading 0.69% U3O8, totaling 43.3 million pounds (“Mlbs”) of U3O8, representing Canada’s highest grade uranium deposit outside of the Athabasca Basin. In addition to uranium, the Lac 50 Trend contains significant quantities of silver, molybdenum and copper as outlined in the resource, and is interpreted as a basement hosted, vein-hydrothermal type, unconformity-associated uranium deposit. CLICK HERE for a summary table of the Lac 50 inferred resource estimate.

Lac 50 hosts significant resource expansion potential, with multiple high-grade U3O8 extension targets remaining wide open. Mineralization occurs as southwest plunging shoots, which have been traced by drilling to a maximum vertical depth of approximately 380 metres (“m”) and along a strike length of over 6 kilometres (“km”).

Resource Expansion Target (J4 West – Example)

Lac 50’s J4 Zone (“J4”) contributes 15.3 Mlbs of U₃O₈ grading 0.75% U₃O₈, 30.1 g/t Ag, 0.20% Mo and 0.26% Cu to the overall Lac 50 Trend resource. J4 remains entirely open down-plunge, and the re-processed ground VLF-EM data highlights a distinct off-set and interpreted continuation of the uranium-rich conductor immediately to the east-southeast of the resource zone. See Figures 2 and 3 below for a plan maps and 3D cross sections of J4, showing the fully open high-grade U₃O₈ shoots at depth, and the potential for continuation of the J4 and Ray zones along their interpreted fault offset to the west.

Similar resource upside has also been identified at Lac 50’s Eastern Extension (“EE”), Western Extension (‘WE”) and Main Zone (“MZ”), all of which will be considered for targeted expansion drilling.

Figure 2: Plan Map of J4 and Ray Resource Zones, and J4 West Resource Expansion Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ee093c2-242f-410f-86cb-5729f6eaacd7 

Figure 3: Cross Section of J4 and Ray Resource Zones, and J4 West Resource Expansion Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d426a902-79ec-4878-919a-0ad0d6395bc1

Target Advancement (Blaze – Example)

The Blaze Target (Figure 4) is located approximately 2 km west of the Lac 50 Trend. Mineralization occurs as complex pitchblende veins and disseminated sulphides in quartz-carbonate veins and breccia. The Blaze Target has been drilled across a strike length of 100 m, with significant mineralization intersected between 30 and 126 m depth below surface. A total of 3,466 m in 24 drill holes drilled in 2010 and 2011 investigated mineralization at Blaze. The most notable Blaze drill hole is 11-BZ-010 assaying 1.01% U₃O₈ over 25.4 m. Subsequent drill holes suggest the true width of this intercept to be roughly 4 m. Blaze is untested by drilling for at least 1000 m to the west-northwest along a strongly anomalous uranium-in-soils trend (EL) and related to a 600 m VLF-EM conductor.

Figure 4: Plan Map of Blaze Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e2c83566-d13c-4d88-a24c-4ea9ba64b911

New Discovery Target (RIB – Example)

The RIB target (Figure 5) was identified as a basement conductor by Noranda Exploration Ltd. in 1976. During 1977-78, 14 of 25 diamond drill holes over a 1.2-km trend intersected uranium mineralization at shallow depths (less than 35 m), with the two best intercepts being 0.19% U3O8 over 9.3 m, including 0.52% U3O8 over 2.6 m and 1.61% U3O8 over 0.7 m. Exploration by ValOre in 2014 confirmed the RIB conductor using airborne VTEM geophysics. EL soil samples also outlined a corresponding 4-km-long uranium geochemical trend extending northeast, southwest and south of the historic Noranda drilling. Cobbles discovered south of the historic Noranda drilling near the anomalous EL soil geochemical samples assayed 5.34% U and lie on a parallel geophysical conductive trend approximately 500 m southeast of the conductor tested by the Noranda drilling. Planned ground magnetic and VLF-EM coverage will assist in better correlating the EL uranium anomalies with specific conductor targets prior to drilling.

Figure 5: Plan Map of RIB Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a084a500-18ca-4e80-8149-21b013e4bd2d

About Angilak

The 59,483-hectare Angilak Property is situated in the mining- and exploration-friendly Nunavut Territory, Canada, and has district-scale potential for uranium, precious and base metals. Since acquisition, ValOre has invested over C$55 million on resource delineation and exploration drilling (89,572 metres in 589 drill holes), metallurgy, geophysics, geochemistry, and logistics across the large land package. This work supported the development of the significant Lac 50 Trend NI 43-101 inferred resource estimate (“Lac 50”).

The Lac 50 NI 43-101 Technical Report (effective date March 1, 2013) defined an inferred resource estimate which represents Canada’s highest-grade uranium resource outside of Saskatchewan, and one of highest-grade uranium resources on a global basis. Highlights include:

  • 43.3 Mlbs U3O8 in 2,831,000 tonnes grading 0.69% U3O8CLICK HERE for a summary table of the Lac 50 Trend inferred resource estimate;
  • Supported by 351 resource delineation drill holes totaling 62,023 metres (“m”);
  • Metallurgical results for Lac 50 demonstrate high uranium recoveries and rapid leach kinetics. See news releases: February 28, 2013September 11, 2013 and February 27, 2014;
  • Lac 50 Trend is a 15 kilometre (“km”) by 3 km area with excellent potential for resource growth and new discoveries;
  • Uranium mineralization starts at surface, and has been drilled to 380 m vertical depth;

CLICK HERE for ValOre’s May 6, 2021 video summarizing the highlights of Angilak.

CLICK HERE for ValOre’s May 6, 2021 video reviewing the 2021 focus for Angilak.

About WorldView Spectral Data

CLICK HERE for ValOre’s summary of WorldView spectral data, and CLICK HERE for additional information from DigitalGlobe™ on the Hi-Res WV-3 orbiting system.

Qualified Person (“QP”)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Colin Smith, P.Geo., ValOre’s QP and Vice President of Exploration.

Information in this presentation related to the independent Angilak mineral resource estimate has been approved by Michael Dufresne, M.Sc. P.Geo., President of Apex Geoscience Ltd., Robert Sim, P.Geo. of SIM Geological Inc. and Bruce Davis, FAusIMM of BD Resources Consulting Inc., who are independent QPs as defined under NI 43‐101.

Susan Lomas, P.Geo., of LGGC is the QP, as defined in NI 43-101, responsible for the Pedra Branca mineral resource estimates as reported below.

About ValOre Metals Corp.

ValOre Metals Corp. (TSXV: VO) is a Canadian company with a portfolio of high‐quality exploration projects. ValOre’s team aims to deploy capital and knowledge on projects which benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration, process improvement, and innovation.

In May 2019, ValOre announced the acquisition of the Pedra Branca Platinum Group Elements (PGE) property, in Brazil, to complement its existing Angilak uranium, Genesis/Hatchet uranium and Baffin gold projects in Canada.

The Pedra Branca PGE Project comprises 51 exploration licenses covering a total area of 55,984 hectares (138,339 acres) in northeastern Brazil. At Pedra Branca, 5 distinct PGE+Au deposit areas host, in aggregate, a current Inferred Resource of 1,067,000 ounces 2PGE+Au contained in 27.2 million tonnes grading 1.22 g/t 2PGE+Au (CLICK HERE for ValOre’s July 23, 2019 news release). All the currently known Pedra Branca inferred PGE resources are potentially open pittable.

Comprehensive exploration programs have demonstrated the “District Scale” potential of ValOre’s Angilak Property in Nunavut Territory, Canada that hosts the Lac 50 Trend having a current Inferred Resource of 2,831,000 tonnes grading 0.69% U3O8, totaling 43.3 million pounds U3O8. *For disclosure related to the inferred resource for the Lac 50 Trend uranium deposits, please CLICK HERE for ValOre’s news release dated March 1, 2013.

ValOre’s team has forged strong relationships with sophisticated resource sector investors and partner Nunavut Tunngavik Inc. (NTI) on both the Angilak and Baffin Gold Properties. ValOre was the first company to sign a comprehensive agreement to explore for uranium on Inuit Owned Lands in Nunavut Territory and is committed to building shareholder value while adhering to high levels of environmental and safety standards and proactive local community engagement.

On behalf of the Board of Directors,

“Jim Paterson”

James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about ValOre Metals Corp., or this news release, please visit our website at www.valoremetals.com or contact Investor Relations at 604.653.9464, or by email at [email protected].

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking statements” within the meaning of applicable securities laws. Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable, such statements have been based on factors and assumptions concerning future events that may prove to be inaccurate. These factors and assumptions are based upon currently available information to ValOre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the future operations of ValOre and economic factors. Readers are cautioned to not place undue reliance on forward-looking statements. The statements in this press release are made as of the date of this release and, except as required by applicable law, ValOre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. ValOre undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of ValOre, or its financial or operating results or (as applicable), their securities.

This announcement was originally posted on the website of Global Newswire.

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IMO moves ahead on GHG emissions, Black Carbon and marine litter

Marine Environment Committee agrees to initiate GHG strategy review, recognizing need for strengthened ambitions ​The MEPC  agreed to initiate the revision of the Initial IMO Strategy on Reduction of GHG emissions from ships, recognizing the need to strengthen the ambition during the revision process.   The International Maritime Organization (IMO) in view of the

Marine Environment Committee agrees to initiate GHG strategy review, recognizing need for strengthened ambitions

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​The MEPC  agreed to initiate the revision of the Initial IMO Strategy on Reduction of GHG emissions from ships, recognizing the need to strengthen the ambition during the revision process.

 

The International Maritime Organization (IMO) in view of the urgency for all sectors to accelerate their efforts to reduce GHG emissions – as emphasized in the recent IPCC reports and the Glasgow Climate Pact – recognized the need to strengthen the ambition of the Initial IMO GHG Strategy during its revision process. The MEPC has agreed to initiate the revision of its GHG strategy. IMO’s Marine Environment Protection Committee (MEPC), meeting virtually for its 77th session, 22-26 November 2021, also adopted a resolution on voluntary use of cleaner fuels in the Arctic, to reduce black carbon emissions.

In other work, the MEPC adopted a strategy to address marine plastic litter from ships; adopted revised guidelines for exhaust gas cleaning systems (EGCS) and agreed the scope of work on discharge water of EGCS; and considered matters related to the Ballast Water Management Convention.

Tackling climate change – cutting GHG emissions from ships

The MEPC  agreed to initiate the revision of the Initial IMO Strategy on Reduction of GHG emissions from ships, recognizing the need to strengthen the ambition during the revision process. The move comes in the wake of the United Nations Climate Change Conference (COP 26), held in  Glasgow, United Kingdom, (1-12 November) and in view of the urgency for all sectors to accelerate their efforts to reduce GHG emissions.

A final draft Revised IMO GHG Strategy would be considered by MEPC 80 (scheduled to meet in spring 2023), with a view to adoption.

The Initial IMO Strategy on Reduction of GHG Emissions from Shipping was adopted in 2018. (see https://www.imo.org/en/MediaCentre/HotTopics/Pages/Cutting-GHG-emissions.aspx ) .

The Committee invited interested Member States and international organizations to work together and to submit concrete proposals for a revised IMO GHG Strategy to MEPC 78 (June 2022) for consideration.

Closing the session, IMO Secretary-General Kitack Lim said: “Strengthening the ambition of the Initial IMO GHG Strategy during its revision will be crucial. Our collective actions must show our dedication to contribute towards the global issue, climate change.”

Discussion of proposals to further reduce GHG emissions from shipping

A number of proposals for further mid-term GHG reduction measures, including market-based measures, to address GHG emissions from shipping, as well as a proposal to establish an International Maritime Research and Development Board, were discussed during the session. This followed presentation of a number of proposals in the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG GHG 10).

Following a constructive discussion, the Committee referred the proposals and relevant documents, including associated impact assessments, to the next sessions ISWG-GHG for further assessment in accordance with Phase I of the Organization’s Work plan on the development of mid-term measures.

The terms of reference for the next sessions of the ISWG-GHG were agreed. ISWG-GHG 11 is set to meet 14 to 18 March 2022 and ISWG-GHG 12, 16 to 20 May 2022

Impact assessment of GHG measures

The Initial IMO GHG strategy recognizes that the impacts on States of proposed measures that should be assessed and taken into account as appropriate, with particular attention paid to the needs of developing countries, especially small island developing States (SIDS) and least developed countries (LDCs).

The Committee agreed to establish an Ad-hoc Expert Workshop on Impact Assessments to consider concrete proposals for improving the impact assessment procedure and provide recommendations as part of the lessons-learned exercise, the outcome of which will be submitted to ISWG-GHG 11. The workshop is set to be held 8 -9 March 2022.

 

GHG TC Trust Fund

New pledges were made by Governments to support the work of the Organization in supporting the implementation of the Initial GHG Strategy in developing countries, in particular SIDS and LDCs, through technical cooperation and capacity building through the IMO GHG TC Trust Fund.  These pledges will enhance the Organization’s work on energy efficiency technology cooperation and demonstration ensuring nobody is left behind in implementing the Initial Strategy.

 

Correspondence Group on Carbon Intensity Reduction

A Correspondence Group on Carbon Intensity Reduction was established, to finalize and update guidelines. These relate, in particular, to the short-term measures adopted in 2021, consisting of technical (EEXI) and operational (CII and its rating) measures. These mandatory rules are expected to enter into force in November 2022, aiming at 40% reduction of carbon intensity by 2030. (Read more here.)

Meanwhile, the MEPC approved the MEPC circular on 2021 Guidance on treatment of innovative energy efficiency technologies for calculation and verification of the attained EEDI and EEXI, particularly accommodating the use of wind propulsion as an alternative (complimentary) source of propulsion.

 

Black carbon in the Arctic – resolution adopted

The MEPC adopted a resolution which urges Member States and ship operators to voluntarily use distillate or other cleaner alternative fuels or methods of propulsion that are safe for ships and could contribute to the reduction of Black Carbon emissions from ships when operating in or near the Arctic.

The resolution encourages Member States to commence addressing the threat to the Arctic from Black Carbon emissions, and report on measures and best practices to reduce Black Carbon emissions from shipping

The Committee further agreed the terms of reference for the PPR Sub-Committee’s future work on reduction of the impact on the Arctic of Black Carbon emissions from international shipping.

 

Revised Guidelines for exhaust gas cleaning systems adopted

The MEPC adopted 2021 Guidelines for exhaust gas cleaning systems, to update the last version adopted in 2015 (see PPR 7).

The Committee approved an MEPC circular with updated guidance on indication of ongoing compliance in the case of the failure of a single monitoring instrument, and recommended actions to take if the exhaust gas cleaning system (EGCS) fails to meet the provisions of the EGCS Guidelines.

 

Evaluation and harmonization of rules and guidance on the discharge of discharge water from EGCS

The Committee agreed the scope of work for the PPR Sub-Committee relating to evaluation and harmonization of rules and guidance on EGCS discharge  water  into the aquatic environment, including the conditions and areas for discharge. The work will cover: risk assessment; impact assessment; delivery of EGCS residues; regulatory matters; and developing a database of substances identified in EGCS discharge water.

The PPR Sub-Committee is set to meet for its 9th session in April 2022.

 

Strategy to address marine plastic litter from ships adopted

The MEPC, in order to enhance implementation of IMO’s mandatory international regulations, adopted the Strategy to address marine plastic litter from ships, which sets out the ambitions to reduce marine plastic litter generated from, and retrieved by, fishing vessels; reduce shipping’s contribution to marine plastic litter; and improve the effectiveness of port reception and facilities and treatment in reducing marine plastic litter.

The Strategy also aims to achieve further outcomes, including: enhanced public awareness, education and seafarer training; improved understanding of the contribution of ships to marine plastic litter; improved understanding of the regulatory framework associated with marine plastic litter from ships; strengthened international cooperation; and targeted technical cooperation and capacity-building.

The adoption of the Strategy follows the adoption, in 2018, of the IMO Action Plan to address marine litter (read more here: https://www.imo.org/en/MediaCentre/HotTopics/Pages/marinelitter-default.aspx)

IMO, in cooperation with the Food and Agriculture Organization of the United Nations (FAO), is implementing the GloLitter Partnerships Project which aims to help shipping and fisheries move to a low-plastics future. (Read more here:  https://wwwcdn.imo.org/localresources/en/OurWork/PartnershipsProjects/Documents/DPP-Factsheets/DPP%20one-page%20fact%20sheets_(25-10-21)_FINAL_ONLINE_GLOLITTER.pdf )

 

Marking of fishing gear

The Committee considered proposals related to making the marking of fishing gear mandatory. It agreed to refer relevant documents to PPR 9 for further discussion.

Garbage Record Book

The MEPC considered a proposal to extend the requirement for a Garbage Record Book to ships less than 400 GT and equal to or greater than 100 GT. It agreed to instruct the PPR Sub-Committee to prepare draft amendments to MARPOL Annex V.

Plastic pollution by plastic pellets

A document submitted by Sri Lanka, reporting on the May 2021 MV X-Press Pearl incident, during which 11,000 tonnes of plastic pellets were spilled off the shore of Colombo, Sri Lanka, was referred by the Committee to the PPR Sub-committee for further discussion.

Harmful aquatic organisms in ballast water

The MEPC was updated on the experience-building phase associated with the Ballast Water Management Convention (BWM), which has been in force since 2017 and aims to prevent the spread of invasive aquatic species in ballast water. The Committee was informed that there is now available data from 35 Member States and seven other stakeholders. corresponding to approximately 15,000 ships. This is currently being analysed by the World Maritime University (WMU) and a full data analysis report will be submitted to MEPC 78.

The MEPC approved a unified interpretation of the Date to be used for determining the implementation of mandatory commissioning testing of individual ballast water management systems in accordance with resolution MEPC.325(75). The MEPC also established fundamental elements to be taken into account for the further development of guidance on measures that may be taken when ballast water management systems encounter challenging water quality on uptake.

 

Annex II draft amendments on categorization of noxious liquid substances approved 

The MEPC approved draft amendments to appendix I (Guidelines for the categorization of noxious liquid substances) to MARPOL Annex II that are consequential to the revised GESAMP Hazard Evaluation Procedure, which was approved by GESAMP as part of the GESAMP Hazard Evaluation Procedure for Chemicals Carried by Ships, 2019 (GESAMP Reports and Studies No.102). The draft amendments will be circulated, with a view to adoption at MEPC 78.

Next MEPC sessions

MEPC 78 has been tentatively scheduled to take place from 6 to 10 June 2022 and MEPC 79 from 12 to 16 December 2022.

If the Committee session will be held in person, the Secretariat delegations at least 90 days prior to the session, depending on the COVID-19 pandemic situation.

 

Election of chair 

Mr. Hideaki Saito (Japan) was re-elected as chair for 2022.  Mr. Harry Conway (Liberia) was also re-elected as the Vice-Chair.

This press release was initially published at: https://www.imo.org/en/MediaCentre/PressBriefings/pages/MEPC77.aspx

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AIREON: Isavia ANS Expands Usage Of Space-Based ADS-B System

REYKJAVÍK, Iceland and MCLEAN, Va., Oct. 26, 2021 /PRNewswire/ -- Isavia ANS, Iceland's Air Navigation Service Provider (ANSP), has announced today that it has signed an agreement to expand usage of Aireon's space-based ADS-B data. Isavia ANS provides air navigation services across 5.4 million square kilometers of controlled airspace that extends from the North Pole to Scotland...

REYKJAVÍK, Iceland and MCLEAN, Va., Oct. 26, 2021 /PRNewswire/ — Isavia ANS, Iceland’s Air Navigation Service Provider (ANSP), has announced today that it has signed an agreement to expand usage of Aireon’s space-based ADS-B data. Isavia ANS provides air navigation services across 5.4 million square kilometers of controlled airspace that extends from the North Pole to Scotland and from the prime meridian in Greenwich to west of Greenland.

As an early supporter of Aireon’s space-based ADS-B technology, Isavia ANS was one of the first air navigation service providers to sign an agreement to implement the Aireon system. With the completion of the satellite constellation in 2019, Aireon data was integrated into Isavia ANS’s air traffic control operations for managed airspace below 70° North Latitude in December 2020.

With this latest agreement to expand coverage, Isavia ANS will use Aireon’s live data feed for sectors above 70° North Latitude starting in March 2022. This technology expansion will facilitate a more dynamic, safer and more efficient use of airspace in the northern sectors, improving traffic awareness and Search and Rescue (SAR) capabilities in remote locations. Polar route service will also be improved, as the new surveillance capabilities encourage greater usage. Isavia ANS managed airspace is part of the NAT region, where Aireon is also used by NAVCANADA and NATS since 2019.

“With the expansion of Aireon’s air traffic surveillance system into the Isavia ANS’s northern control area, we will enhance safety and service by harmonizing procedures and conformance monitoring with other parts of the control area and maximize current technical investments,” said Thórdís Sigurðardóttir COO of Isavia ANS. She added, “We look forward to working with Aireon’s implementation team once again to deploy this next phase, which will allow flights to be tracked across our polar region in real time.”

“Isavia ANS continues to show their leadership in new technology adoption with the expansion of Aireon’s satellite-based ADS-B air traffic surveillance system in their northern airspace,” said Don Thoma, CEO, Aireon. “We are proud of the partnership we have with the Isavia team, as they make great strides to advance the safety and efficiency of remote airspace with real-time surveillance.”

The entirety of Isavia ANS managed airspace will now utilize Aireon’s space-based ADS-B data, merged with ground-based surveillance sources into the ATM Surveillance Tracker and Server (ARTAS) used by Isavia ANS in their ATC automation platform.

About Isavia ANS

Isavia ANS, Iceland’s Air Navigation Service Provider (ANSP), provides air navigation services for domestic and international flights in the Reykjavik Control Area and at Icelandic airports. Isavia ANS provides air navigation services that span the North Pole to Scotland, and from the Greenwich Meridian in the east to west of Greenland. Over a quarter of all air traffic crossing the North Atlantic passes through the Isavia ANS’s managed Reykjavik Control Area, where customers enjoy flexibility with regard to flight routing and altitudes.

About Aireon LLC

Aireon has deployed a space-based air traffic surveillance system for Automatic Dependent Surveillance-Broadcast (ADS-B) equipped aircraft throughout the entire globe. Aireon is harnessing next-generation aviation surveillance technologies that were formerly ground-based and, for the first time ever, is extending their reach globally to significantly improve efficiency, enhance safety, reduce emissions, and provide cost savings benefits to all stakeholders. Space-based ADS-B surveillance covers oceanic, polar, and remote regions, and augments existing ground-based systems that are limited to terrestrial airspace. In partnership with leading ANSPs from around the world, like NAV CANADA, the Irish Aviation Authority (IAA), Enav, NATS and Naviair, as well as Iridium Communications, Aireon is providing a global, real-time, space-based air traffic surveillance system, available to all aviation stakeholders. For more information, please visit www.aireon.com.

Press Contacts:

Isavia ANS
[email protected]

Aireon
[email protected]

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SOURCE Aireon LLC

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Kloosterboer International Forwarding and Alaska Reefer Management Await Ruling on Temporary Restraining Order against U.S. Customs and Border Protection

ANCHORAGE, Alaska, Sept. 17, 2021 /PRNewswire/ -- Kloosterboer International Forwarding LLC (KIF) and Alaska Reefer Management LLC (ARM) presented arguments today to U.S. District Court Judge for the District of Alaska, Sharon L. Gleason, requesting a temporary restraining order to stop a U.S. Customs and Border Protection (CBP) enforcement action that threatens the ability to supply...

ANCHORAGE, Alaska, Sept. 17, 2021 /PRNewswire/ — Kloosterboer International Forwarding LLC (KIF) and Alaska Reefer Management LLC (ARM) presented arguments today to U.S. District Court Judge for the District of Alaska, Sharon L. Gleason, requesting a temporary restraining order to stop a U.S. Customs and Border Protection (CBP) enforcement action that threatens the ability to supply Alaska seafood to U.S. customers and consumers. A ruling is expected soon.

“A ruling in our favor will allow us to immediately resume trucking fish from the cold storage facility in Bayside without the threat of further Customs fines, “said Per Brautaset, President of ARM. “This will help to resolve immediate shortages of frozen seafood that are already impacting food processors and their employees who deliver products for consumers and fast-food chains as well as school lunch and food bank programs in the Eastern United States.”

Without warning or explanation in August, CBP issued Notices of Penalty amounting to over $350 million to companies that harvest, process, store and transport Alaska seafood products to the Eastern U.S. via the port of Bayside, New Brunswick, alleging violations of the Jones Act.  KIF and ARM believe the Bayside route is in full compliance with a long-recognized statutory exception to the Jones Act, referred to as the “Third Proviso,” and CBP’s own long-established, publicly disclosed rulings and guidance concerning the route.

“We were forced to halt shipping a month ago, causing 26 million pounds of frozen seafood – over 100 million servings of American fish – to remain in cold storage in Bayside, unable to reach American consumers during a time of supply chain strain on our food system,” said Jennifer Adamski, Director of Logistics & Operations for KIF. “Our hope is that Judge Gleason will grant the temporary restraining order so that we and our partners along the chain can continue to supply consumers and customers, while saving jobs in our industry.”

About Kloosterboer International Forwarding

Kloosterboer International Forwarding is a specialized freight forwarding business formed in Alaska, which arranges all supply chain services to transport conditioned seafood cargos from Dutch Harbor, Alaska — the heart of the Bering Sea fisheries – to strategic markets and seafood buyers around the world. Together with its affiliate, Alaska Reefer Management, it contracts high quality, temperature-controlled logistics services from trusted partners on behalf of the Alaska seafood industry and their customers.

About Alaska Reefer Management

Alaska Reefer Management LLC, a member of the 360 Quality shipping association, is a private reefer carrier servicing the Alaska seafood industry and other global trades, providing temperature-controlled transportation between ports and terminals specializing in the distribution of conditioned cargoes.

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SOURCE Kloosterboer International Forwarding; Alaska Reefer Management

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Moscow to Discuss Development of Light Aviation in the Arctic

Moscow, Nov. 30, 2021 (GLOBE NEWSWIRE) — Experts and officials from Russia and other Arctic countries will gather in Moscow on Dec. 2–3, 2021 for a seminar on developing light aviation in the Arctic. The event aims to improve the route network in the Arctic region, develop air transport, develop Arctic tourism, introduce the use

Moscow, Nov. 30, 2021 (GLOBE NEWSWIRE) — Experts and officials from Russia and other Arctic countries will gather in Moscow on Dec. 2–3, 2021 for a seminar on developing light aviation in the Arctic. The event aims to improve the route network in the Arctic region, develop air transport, develop Arctic tourism, introduce the use of unmanned aircraft, and coordinate search and rescue between Arctic countries.

The workshop will bring together representatives of relevant ministries and professional organizations from the Arctic Council member states, as well as from the Sustainable Development Working Group in the Arctic (SDWG) and the Emergency Prevention, Preparedness and Response Working Group (EPPR), to discuss the following topics:

  • The state and prospects of development of aeronautical flight services and route network in the Arctic zone of the Russian Federation;
  • Technologies for the construction of runways and landing pads and their modernization in arctic climate conditions;
  • The operation of aircraft and the training of pilots for work in the Arctic zone;
  • The state and development of search and rescue support in the Arctic zone, including international cooperation;
  • Civil aviation co-operation between Arctic Zone States;
  • Tourism development in the Arctic;
  • Russian Post’s “Unmanned Aerial Freight Delivery” project

A workshop on developing small aviation in the Arctic is being held by the Ministry of Transport of the Russian Federation together with the Federal Agency for Air Transport (Rosaviatsiya) at the Hyatt Petrovsky Park Hotel. The workshop will take place as part of the plan of major events of the Russian Chairmanship of the Arctic Council in 2021–2023, which is operated by the Roscongress Foundation.

The broadcast will be available at the link: https://arctic-council-russia.ru/en/events/development-of-small-aircraft-in-the-arctic/

This announcement was originally posted on the website of Global Newswire.

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Additional Results from the 2021 Drill Program at the Arctic Project; Includes Third Best Drill Hole Intersection at Arctic

VANCOUVER, BC, Nov. 29, 2021 /CNW/ – Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) (“Trilogy” or the “Company”) is pleased to announce the second set of drilling results from the 2021 summer field season at the Arctic Project, part of the Upper Kobuk Mineral Projects (“UKMP”) located in northwestern Alaska managed by Ambler Metals LLC (“Ambler Metals”), the joint venture operating company

VANCOUVER, BC, Nov. 29, 2021 /CNW/ – Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) (“Trilogy” or the “Company”) is pleased to announce the second set of drilling results from the 2021 summer field season at the Arctic Project, part of the Upper Kobuk Mineral Projects (“UKMP”) located in northwestern Alaska managed by Ambler Metals LLC (“Ambler Metals”), the joint venture operating company equally owned by Trilogy and South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (“South32”).

Table 1. Top Five Grade-Thickness Drill Holes from the Arctic Project (CNW Group/Trilogy Metals Inc.)

Table 1

Figure 1. Location of Drill Holes from the Arctic Infill Drilling Program (CNW Group/Trilogy Metals Inc.)

Figure 1

Figure 2. Cross Section Showing Drill Hole AR21-0176 (CNW Group/Trilogy Metals Inc.)

Figure 2

Figure 3. Photo of drill core from Hole AR21-0176 showing massive to semi-massive chalcopyrite. (CNW Group/Trilogy Metals Inc.)

Figure 3

The 2021 Arctic drill program included 4,131 meters of diamond drilling, comprising 18 holes, that were designed to convert a portion of the resources from the Indicated category to the Measured category, and provide material for metallurgical testing and geotechnical information. The results contained in this news release are from the first two infill holes that were drilled early in the 2021 field season.

On November 22, 2021, the Company released the assay results for holes AR21-0173 and AR21-0175, two geotechnical drill holes that intersected high-grade mineralization beyond the currently designed pit at Arctic. Please see this press release at the Company’s website for more information on these drilling results.

The results of the remaining 14 holes are expected to come in over the next couple of months.

Highlights from the first two infill drill holes of the 2021 drill program

Based on a cut-off grade of 0.5% copper equivalent, significant zones of high-grade copper, zinc, lead, gold, and silver mineralization were intersected, including:

  • AR21-0176 intersected three mineralized intervals, including 19.91 meters of 6.75% copper, 7.59% zinc, 1.68% lead, 1.26 g/t gold and 97.13 g/t silver for a copper equivalent grade of 11.76% and 6.76 meters of 1.55% copper, 6.61% zinc, 1.58% lead, 0.12 g/t gold and 20.68 g/t silver for a copper equivalent grade of 4.77% and,

  • AR21-0174 intersected one mineralized interval of 10.12 meters of 3.21% copper, 6.14% zinc, 1.46% lead, 0.69 g/t gold and 49.74 g/t silver for a copper equivalent grade of 6.84%.

All reported intervals are thought to be close to the true width and therefore represent the actual thickness of mineralization.

Drill hole AR21-0176, which contained 19.91 meters of 11.76% copper equivalent (a grade thickness of 234.09 %meters), represents the third highest ever grade-thickness intersect out of 178 holes drilled at the Arctic Project to date.

A comparison of the top five holes drilled at Arctic, including reference to the year drilled, is shown in Table 1.

Table 1. Top Five Grade-Thickness Drill Holes from the Arctic Project

  • All lengths are close to true thickness
  • For more information on previous drilling carried out at the Arctic Project please refer to “Arctic Feasibility Study Alaska, USA
    NI 43-101 Technical Report” which has an effective date of August 20, 2020

Tony Giardini, President and CEO of Trilogy, commented, “”The 2021 drilling campaign confirms that the Arctic Project has some of the highest grades of polymetallic mineralization in the world with copper-equivalent grades frequently in the double digits. The copper-equivalent grades at Arctic rival some of the high-grade copper projects in Africa, while being in one of the most stable mining jurisdictions in the world.”

Richard Gosse, Vice President, Exploration at Trilogy stated, “These assays from the 2021 drill program are an exciting start to the infill drill program at Arctic. Grades of almost 12% copper equivalent over 20 meters, considered close to true width, is one of the best intervals at Arctic since the first hole was drilled in 1967. We are looking forward to seeing the results of the other 14 drill holes at Arctic as well as from the regional drill program.”

All four holes drilled so far during the 2021 program contain mineralized intervals consistent with previous drilling conducted within the resource area on the property. Significant mineralized intervals of high-grade mineralization at a cutoff of 0.5% copper equivalent are reported in Table 2. The locations of the holes are shown in Figure 1 and Table 3.

Of the 18 holes drilled at Arctic last summer, eight holes were for the geotechnical program. The 10 remaining drill holes were part of the infill/metallurgical program, with three of the 10 drill holes also being used for the hydrology program.

Table 2. Drill Intercepts from the 2021 Arctic Infill Drilling Program

Hole

From (m)

To (m)

Length (m)

CuEq (%)

Cu (%)

Zn (%)

Pb (%)

Ag (g/t)

Au (g/t)

Zone

AR21-0174

84.98

95.10

10.12

6.84

3.21

6.14

1.46

49.74

0.69

5

AR21-0176

127.96

147.87

19.91

11.76

6.75

7.59

1.68

97.13

1.26

5

164.65

171.41

6.76

4.77

1.55

6.61

1.58

20.68

0.12

3

176.11

176.94

0.83

3.00

1.90

1.76

0.30

24.90

0.22

2.5

Notes:

  • Copper equivalent (CuEq) calculations use metal prices assumptions of $3.00/lb for copper, $1.10/lb for zinc, $1.00/lb for lead, $1,300/oz for gold, and $18.00/oz for silver.
  • Results are core intervals and not true thickness; true widths have not been determined for the above intercepts but are believed to be representative of actual drill thicknesses.
  • Significant interval defined as a minimum of 1.0 meter copper interval with average grade >0.5% CuEq.
  • Cut-off grade of 0.5% CuEq.
  • Internal dilution up to three meters of <0.5% CuEq.
  • Intervals of <1.0 meter not reported.
  • Core recovery averaged 96%.
  • Minimum sample length was 0.17m, average sample length was 2.4m overall and 1.7m within mineralized zones.
  • Some rounding errors may occur.

The reported intervals are based on a copper-equivalent grade of 0.5% using metal prices from Trilogy’s 2020 Arctic feasibility study ($3.00/lb copper, $1.10/lb zinc, $1.00/lb lead, $1,300/oz gold, and $18.00/oz silver) and a maximum of 3-meters internal dilution. All drill hole intercepts are close to true width.

Table 3. Drill Hole Locations at the Arctic Project

Hole

East (m)

North (m)

Elevation (m)

Azimuth

Dip

Length (m)

AR21-0174

612968

7453248

829

35

-60

120.70

AR21-0176

613213

7453131

880

35

-70

205.59

Coordinates are in UTM Zone 4N (meters) coordinate system, NAD83 Datum.

Drill hole AR21-0174, which is sized PQ3 (83 mm diameter), was drilled as part of the 2021 infill and metallurgical program. This hole was designed to provide metallurgical test material as well as to upgrade confidence in the resource model. The intercept from 84.98 meters to 95.10 meters, interpreted to be Zone 5, confirms both the grade and thickness of the model.

Drill hole AR21-0176, which is sized PQ3 (83 mm diameter), was also drilled as part of the 2021 infill and metallurgical program. This hole, also seen in Figure 2, was designed to provide metallurgical test material as well as to upgrade confidence in the resource model. The hole was collared in the center of the Arctic deposit and intercepts multiple mineralized zones. The intercept from 127.96 meters to 147.87 meters is the intersection of Zone 5. The intercept from 164.65 meters to 171.41 meters is the intersection of Zone 3. Assay results for Zone 1, within AR21-0176, are still pending.

Mineralization within the high-grade portions (127.96 meters to 147.87 meters) of drill hole AR21-0176 consists of 20-40% chalcopyrite, 8-15% sphalerite, 2-5% galena and 10-20% pyrite. Barite is also present between 10-18%. All percentages are based off the visual estimations in the core. A photo of the high-grade mineralization in drill hole AR21-0176 is shown in Figure 3.

Within the Arctic deposit, mineralization occurs as stratiform semi-massive sulphide to massive sulphide beds within primarily graphitic chlorite schists and fine-grained quartz schists. The sulphide beds average 4 meters in thickness but vary from less than 1 meter up to as much as 20 meters in thickness.

QA/QC Program

The drilling program, sampling and assaying protocol, and data verification were managed by qualified persons (QPs) employed by Ambler Metals. The diamond drill holes were completed using PQ3 or HQ3 diameter core, and recoveries averaged 95%. Drill core was cut lengthwise into halves using a diamond saw, and one-half was cut lengthwise to provide quarter core for sampling. The remainder of the core was retained in core trays and archived at site.

Samples were collected through mineralized zones using a 0.45 m minimum length and 3.07 m maximum length; average sample length is 1.47 m. Weights of the drill core samples range from 0.57 to 17.86 kg, depending on the size of core, rock type, and recovery.

Each core sample was placed into a bag with a numbered tag and quality control samples were inserted between core samples using the same numbering sequence. Then, samples were grouped into batches for shipping and laboratory submissions. Each batch of 20 samples contains three quality control (QC) samples that comprise one certified reference material (CRM), one core blank (BLK), and one core or crushed duplicate (DUP). Chain of custody records are maintained for sample shipments and the custody is transferred from Ambler Metals expeditor to the laboratory upon delivery.

Samples were shipped to ALS Minerals laboratory in Fairbanks, Alaska, USA, for sample preparation. ALS Minerals Fairbanks is a satellite sample preparation facility accredited under ALS Minerals. After preparation at ALS Minerals Fairbanks, split pulp samples were shipped to ALS Minerals in North Vancouver, B.C.Canada, for assaying. ALS Minerals North Vancouver is an independent laboratory certified under ISO 9001:2008 and accredited under ISO/IEC 17025:2005 by the Standards Council of Canada. ALS Minerals includes its own internal quality control samples comprising certified reference materials, blanks, and pulp duplicates.

Drill core samples were weighed (WEI-21), dried if excessively wet (DRY-21), coarse jaw crushed to 70% passing 6 mm (CRU-21), fine jaw crushed to 70% passing 2 mm (CRU-31), riffle split to 250 g subsamples (SPL-21) and pulverized to 85% passing 75 μm (PUL-31). Crushed duplicates were created by riffle splitting crushed samples into two parts.

Gold analyses were completed using a 30 g lead fire assay and AAS finish (Au-AA23). Multi-element analyses for 48 elements were completed using a geochemical four acid digestion and ICP-ES/MS finish (ME-MS61). Over-range assays for Ag, Cu, Zn, and S were completed using an ore grade four-acid digestion and ICP-ES finish (ME-OG62). Additional analyses were completed for Ba and Hg.

Au, Ag, Cu, Pb, and Zn assays for QC samples were reviewed to ensure that CRMs are within tolerance limits specified on supplier certificates, BLKs are below acceptable thresholds, and DUPs display statistical patterns normally expected for sample types, methods, and elements.  CRMs that returned assays outside of tolerance limits and BLKs with assays above thresholds were deemed to have failed. Sample batches containing failed QC samples were re-assayed to ensure that the QC samples returned acceptable results before release. All QC monitoring data are reviewed and signed off by an independent QAQC geologist.

There is no known relationship between core sample recoveries and assay grades. Ambler Metals will submit 5% of the assay intervals from prospective lithologies to a laboratory independent of ALS Minerals for check assaying.

Qualified Persons

Richard Gosse, P.Geo., Vice President Exploration for Trilogy, is a Qualified Person as defined by National Instrument 43-101. Mr. Gosse has reviewed the scientific and technical information in this news release and approves the disclosure contained herein.

About Trilogy Metals

Trilogy Metals Inc. is a metal exploration and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the Upper Kobuk Mineral Projects (“UKMP”) in Northwestern Alaska. On December 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts located in one of the safest geopolitical jurisdictions in the world. It hosts world-class polymetallic volcanogenic massive sulphide (“VMS”) deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler Mining District – the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a land package that spans approximately 172,636 hectares. Ambler Metals has an agreement with NANA Regional Corporation, Inc., an Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler Mining District in cooperation with local communities. Trilogy’s vision is to develop the Ambler Mining District into a premier North American copper producer.

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to interpretation of drill results; our beliefs regarding the potential of the Arctic Project; our expectations regarding de-risking of the Arctic Project; are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the uncertainties involving impact of the COVID-19 pandemic; success of exploration activities, permitting timelines, requirements for additional capital, government regulation of mining operations, environmental risks, prices for energy inputs, labour, materials, supplies and services, uncertainties involved in the interpretation of drilling results and geological tests, unexpected cost increases and other risks and uncertainties disclosed in the Company’s Annual Report on Form 10-K for the year ended November 30, 2020 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company’s forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

SOURCE Trilogy Metals Inc.

For further information: Patrick Donnelly, Vice President, Corporate Communications & Development, [email protected], 604-630-3569, 604-638-8088 or 1-855-638-8088

This announcement was originally posted on the Cision website
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Agnico Eagle ups stake in White Gold

Agnico Eagle ups stake in White Gold Agnico has indicated that it would increase its interest in the company to 19.9% under the latest private placement. White Gold is the largest quartz mineral claim holder in the District. Credit: White Gold Corp. White Gold (TSXV: WGO) has arranged a non-brokered private placement

Agnico Eagle ups stake in White Gold

Agnico has indicated that it would increase its interest in the company to 19.9% under the latest private placement.
White Gold is the largest quartz mineral claim holder in the District. Credit: White Gold Corp.

White Gold (TSXV: WGO) has arranged a non-brokered private placement of flow-through and common shares to raise proceeds of $9 million.

Pursuant to an investor rights agreement signed in December 2016, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has indicated that it will increase its interest in the company to 19.9% on a post-offering basis.

“We are very grateful for the continued support of our exciting and impactful exploration activities in the prolific White Gold District. Details on our future activities will provided in due course,” White Gold CEO David D’Onofrio stated.

Proceeds from the sale of flow-through shares will be used by the company for exploration purposes, while proceeds from the “normal” shares will be for working capital.

The flow-through shares will be issued in two tranches at different prices: $0.98 per share under the first tranche and $0.80 per share under the second. The common shares will be priced at $0.70 each.

White Gold is the largest landholder within the Yukon’s emerging White Gold District, with a portfolio of 31 properties covering more than 420,000 hectares, representing over 40% of the district.

The company’s flagship and namesake property hosts the Golden Saddle and Arc deposits.

At presstime in Toronto White Gold was trading at $0.70 per share within a 52-week trading range of $0.45 and $0.85 per share. The junior exploration company has a market cap of about $93.2 million.

This Article was originally released on  www.Mining.com

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Novak: Chinese banks expected to sign Arctic LNG 2 financing agreement shortly

MOSCOW. Nov 29 (Interfax) – Chinese banks are expected to sign agreements on financing for the Arctic LNG 2 project in the near future, Russian Deputy Prime Minister Alexander Novak said on Monday during the Russian-Chinese Energy Forum. The Arctic LNG 2 project envisages constructing three trains for liquefied natural gas production, with capacity of

MOSCOW. Nov 29 (Interfax) – Chinese banks are expected to sign agreements on financing for the Arctic LNG 2 project in the near future, Russian Deputy Prime Minister Alexander Novak said on Monday during the Russian-Chinese Energy Forum.

The Arctic LNG 2 project envisages constructing three trains for liquefied natural gas production, with capacity of 6.6 million tonnes of LNG each, using gravity-based structures. Novatek owns 60% of the project. France’s Total, China’s CNPC and CNOOC, and Japan Arctic LNG B.V., a consortium of Mitsui & Co. and Japan’s Oil, Gas and Metals National Corporation, JOGMEC, each hold 10% stakes in the project. The first train should be launched in 2023, followed by the second in 2024 and the third in 2026.

The total amount of external financing for the Arctic LNG 2, valued at $21.3 billion, is planned at about 9.2 billion euros. Plans call for 30% each to be provided by financial institutions from Russia, China, Japan and Europe.

This announcement was originally posted on interfax 

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Elkem to test the world’s first carbon capture pilot for smelters

STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- Elkem, a global leader in silicon-based advanced materials, today announces that it will test the world's first carbon capture pilot for silicon smelters at its plant in Rana, Norway. The project has received financial support from Gassnova CLIMIT and is a follow-up to the company's recently launched climate roadmap...

STOCKHOLM, Oct. 22, 2021 /PRNewswire/ — Elkem, a global leader in silicon-based advanced materials, today announces that it will test the world’s first carbon capture pilot for silicon smelters at its plant in Rana, Norway. The project has received financial support from Gassnova CLIMIT and is a follow-up to the company’s recently launched climate roadmap to reduce emissions towards net zero while growing supplies to the green transition.

The carbon capture pilot is a collaboration between Elkem and Mo Industripark, SINTEF, Alcoa, Celsa, Ferroglobe, SMA Mineral, Norcem, Norfrakalk, Arctic Cluster Team and Aker Carbon Capture.

The test unit will be installed at Elkem’s plant in Rana, which produces high purity ferrosilicon and Microsilica. In addition, emissions from SMA Mineral will also gradually enter the treatment plant. Aker Carbon Capture delivers the test unit, which is the only one of its kind in Norway.

The project is supported through the CLIMIT-Demo program, by state enterprise Gassnova SF. CLIMIT is Norway’s national programme for research, development and demonstration of CO2 capture and storage technology. The main goal of the project is to verify the technology on real industrial exhaust gases from smelters, in order to prepare a full-scale plant for industrial carbon capture. The program runs over two years.

“Elkem aims to be part of the solution to combat climate change – and to be one of the winners in the green transition. Our mission is to provide advanced material solutions shaping a better and more sustainable future. We have recently launched a climate roadmap detailing our ambitions to reduce emissions while growing our supplies to the green transition. Carbon capture is a key technology to reach net zero by 2050,” says Elkem’s CEO, Helge Aasen.

Elkem recently launched a global climate roadmap detailing how the company plans to reduce its total CO2 emissions by 28% from 2020-31 while growing its supplies to the green transition, thereby delivering 39% improvement of its product carbon footprint in the same period.

As a part of this work towards carbon-neutral materials production, Elkem has conducted a feasibility study for the establishment of carbon capture and storage (CCS). The purpose of the study has been to assess the technical and economic feasibility of installing carbon capture at its Norwegian plants in Bjølvefossen, Bremanger, Rana, Salten and Thamshavn.

“The test unit installation at Elkem Rana means that we are now moving one step forward. The work to be done in Rana will also be of great relevance to other plants both in Elkem and for other players in the industry,” says Trond Sæterstad, climate director in Elkem.

Mo Industrial Park will be the project owner and SINTEF will have a leading role in the project management of the program.

“In total the partners have identified 1.5 million tonnes of potential CO2 capture in the region. This corresponds to three percent of Norway’s total emissions, and almost one third of the emissions from the metal industry,” says Jack Ødegård, Vice President Research in SINTEF.

“It is very relevant for CLIMIT to support the world’s first CO2-capture from ferrosilicon and silicon industry. In this project, there are nine international industries collaborating in development of cost-effective CCS solutions. Important research work will be carried out by SINTEF as well. Knowledge from development of the full scale CCS project Longship is also applicable for this Elkem pilot,” says Ingrid Sørum Melaaen, Gassnovas´ Head of Secretariat CLIMIT.

“The mobile test unit is for all practical purposes a large facility in miniature. It is very exciting that we can now follow up the feasibility study and test that the technology is also suitable for large-scale smelters,” says Jon Christopher Knudsen, Chief Commercial Officer in Aker Carbon Capture

“It is necessary to cut carbon emissions. In addition, this project will create new jobs and ensure the competitiveness of the industry. This is also aligned with Mo Industrial Park’s sustainability strategy and the initiative will add important cutting-edge expertise to the region,” says Jan Gabor, Executive Vice President Property Development in Mo Industrial Park.

The project has a total budget of NOK 23.6 million, of which Gassnova CLIMIT will contribute 13.8 million and the industry will contribute with the remaining amount.

For more information:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: [email protected]

Hans Iver Odenrud
Corporate Communication Manager
Tel: +47 958 16 230
Email: [email protected]

About Elkem
Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 6,800 people has a joint commitment to stakeholders: Delivering your potential. In 2020, Elkem was rated among the world’s top 5% on climate and achieved an operating income of NOK 24.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com

This information was brought to you by Cision http://news.cision.com

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SOURCE Elkem

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Arctic Council to Convene for the First Plenary Meeting under the Russian Chairmanship

Moscow, Nov. 24, 2021 (GLOBE NEWSWIRE) — The Russian Federation invites all Arctic Council delegates in person and virtually to the first Senior Arctic Officials’ (SAO) plenary meeting under its Chairmanship, taking place on December 1-2, 2021, in Salekhard, in the Yamalo-Nenets Autonomous District. The hybrid SAO meeting will bring together representatives from all eight

Moscow, Nov. 24, 2021 (GLOBE NEWSWIRE) — The Russian Federation invites all Arctic Council delegates in person and virtually to the first Senior Arctic Officials’ (SAO) plenary meeting under its Chairmanship, taking place on December 1-2, 2021, in Salekhard, in the Yamalo-Nenets Autonomous District. The hybrid SAO meeting will bring together representatives from all eight Arctic States, six Indigenous Permanent Participant organizations, six Working Groups and 38 Observer states and organizations to discuss updates on the Council’s ongoing and emerging projects, its work on addressing black carbon and methane emissions, and marine related activities.

The overarching theme of the Russian Chairmanship is “Responsible Governance for a Sustainable Arctic” – a guiding principle to promote sustainable development of the region in its environmental, social and economic dimensions, to enhance synergies with other regional platforms and to initiate the implementation of the Council’s 10-year strategic plan.

“Our Chairmanship program reflects the need for joint action on the sustainable development of the region and for enhancing our cooperation with partners across the Arctic region and beyond. To achieve a sustainable and prosperous future in the Arctic, we need to focus on approaches that are collective,” said Ambassador Nikolay Korchunov, Chair of the Senior Arctic Officials. “As a follow-up to the Salekhard meeting we are looking forward to advancing some key initiatives of our Chairmanship program jointly with all our partners and in doing so to begin the implementation process of our shared strategic vision for the Arctic future.”

High on the agenda are such topics as sustainable socioeconomic development of the Arctic and the Council’s practical efforts to preserve the Arctic ecosystem, enhancement of Indigenous and region-to-region circumpolar cooperation, the Arctic Council’s collaboration on marine related issues, the Chairmanship’s proposals for promoting Arctic youth engagement in Arctic affairs, as well as other topics related to the implementation of the Council’s 10-year Strategic Plan.

One important element of the SAO meeting is a special joint session on the cooperation between the Arctic Council and the Arctic Economic Council. The two Councils formalized their cooperation by signing a bilateral Memorandum of Understanding in May 2019, and the meeting in Salekhard will mark the second time representatives of the two Councils meet. This session seeks to assess the progress of and opportunities for cooperation, especially between the Councils’ respective working groups.

Following the SAO meeting on 2 December, Ambassador Korchunov will be available to brief the press at 17:30 YEKT / GMT+5. Media representatives are invited to join virtually. Journalists wishing to join are invited to register via the press briefing registration form or respond directly to [email protected].

The Russian Federation assumed the Chairmanship of the Arctic Council in May 2021 and will chair the intergovernmental forum until spring 2023. The Russian Chairmanship program outlines four priority areas for its two-year term: Arctic inhabitants and Indigenous Peoples, environmental protection and climate change, socioeconomic development, and strengthening the Arctic Council. More about the Russian Chairmanship priorities here: https://arctic-council.org/about/russian-chairmanship-2/. The operator of events under the Russian Chairmanship of the Arctic Council 2021-2023 is the Roscongress Foundation: https://roscongress.org/en/

This announcement was originally posted on the website of Global Newswire.

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International Scientific Cooperation in the Arctic Discussed in Moscow

Moscow, Nov. 23, 2021 (GLOBE NEWSWIRE) — A meeting of senior officials for coordinating scientific research in the Arctic took place in Moscow. The meeting was held as part of the plan of major events associated with the Russian Chairmanship of the Arctic Council in 2021-2023, which is being operated by the Roscongress Foundation. The

Moscow, Nov. 23, 2021 (GLOBE NEWSWIRE) — A meeting of senior officials for coordinating scientific research in the Arctic took place in Moscow. The meeting was held as part of the plan of major events associated with the Russian Chairmanship of the Arctic Council in 2021-2023, which is being operated by the Roscongress Foundation.

The event, chaired by Natalia Bocharova, Deputy Minister of Science and Higher Education of the Russian Federation, was attended by representatives of the Arctic countries (Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the United States), the Arctic Council Working Groups and the Arctic Indigenous Peoples’ organizations, which are the permanent participants of the Arctic Council.

“The Russian Chairmanship aims to improve the efficiency of scientific activities and the practical applicability of their results in the Arctic. We intend to optimize the use of scientific infrastructure and promote the use of advanced technologies and best practices in implementing joint projects,” stressed Nikolai Korchunov, Ambassador-at-Large for Arctic Cooperation at the Russian Ministry of Foreign Affairs and Chair of the Arctic Council’s Senior Arctic Officials.
According to him, one of the platforms for scientific cooperation in the high latitudes could be the international Arctic station Snezhinka in Yamal. The project, which focuses on joint research in the field of carbon-free energy, was submitted by Russia to the Arctic Council’s Sustainable Development Working Group meeting in 2019 and was supported by the Arctic countries.

The participants discussed the need to identify shared priorities for Arctic research, strengthen international Arctic scientific cooperation, hold joint scientific competitions for research projects, as well as the possibility of establishing a Coordination Committee for Arctic Scientific Activities and creating a common international research database of Arctic countries.

The results of the discussion on the Russian initiatives will be presented at the Arctic Council Senior Arctic Officials’ plenary meeting on Dec. 1-2 in Salekhard.

This announcement was originally posted on the website of Global Newswire.

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Sirios hires Ménard Martel Consultants Inc. for the management of the Cheechoo Gold Project, Quebec

MONTREAL, Nov. 23, 2021 (GLOBE NEWSWIRE) — The management of Sirios Resources Inc. (TSXV: SOI) is pleased to announce the signing of a contract with Ménard Martel Consultants Inc. («MMCI»), a management firm specialised in mining projects. According to the agreement, Samuel Martel, P.Eng., MBA, PMP, President of MMCI, is now acting as project director for the development

MONTREAL, Nov. 23, 2021 (GLOBE NEWSWIRE) — The management of Sirios Resources Inc. (TSXV: SOI) is pleased to announce the signing of a contract with Ménard Martel Consultants Inc. («MMCI»), a management firm specialised in mining projects. According to the agreement, Samuel Martel, P.Eng., MBA, PMP, President of MMCI, is now acting as project director for the development of the Cheechoo Gold Project in Eeyou Istchee James Bay, Quebec, reporting directly to the President of Sirios. Mr. Martel is assisted in his task by his colleagues Mr. Robert Ménard and Ms. Catherine Ménard P. Eng., MBA, PMP.

Dominique Doucet, founder and CEO, stated: “After several years of exploration on the Cheechoo project, I’m very happy to start a new stage in the life of the project with a team experienced in strategic project management joining Sirios that will help accomplish different steps furthering the project’s development.”

Samuel Martel has 15 years of experience in the engineering, construction and mining industry. He worked on different projects of all sizes located in Canada, South America, Africa and Greenland. He has a significant expertise in project development, project leadership, construction management, engineering management, quality assurance and control, contract management, procurement and project execution. He graduated in 2007 from the Université de Sherbrooke where he obtained a degree in civil engineering and also completed an MBA at Université Laval with honors. He is member of the Ordre des Ingénieurs du Québec.

Robert Ménard began his career in 1972 with IOCC (Iron Ore Company of Canada) and then moved in 1974 to a large industrial contractor as Vice President until 1993. From 1994, Mr. Menard served as Vice-President, Projects and Construction with Cambior for over 12 years. In that capacity, he was responsible for all of Cambior’s development projects, from engineering studies through to site construction and start-up. In 2006, Mr. Menard was appointed Vice President Engineering and Construction of a nickel project located in the Canadian Arctic. Mr. Menard has acted as the Co-Executive for the Engineering and Construction of Iamgold’s Essakane gold project in Burkina Faso. Mr. Menard was Vice President Engineering & Construction for Andean Gold for their Cerro Negro Project in Argentina. Most recently Mr. Menard was director engineering and construction for Newmont’s Merian Project in Suriname. Mr. Menard graduated in 1972 from the University of Ottawa with a degree in Applied Science (Electrical Engineering).
Catherine Ménard has 15 years of experience in engineering, construction and mining industry. She worked as a project engineer on various mining projects, from scoping studies to completion of construction phases and commissioning. She worked on projects located in arctic climate (Nunavik), desert climate (Burkina Faso) and tropical climate (Suriname), each having their own logistic and construction challenges. Ms. Ménard is a civil engineer graduated at Université Laval in 2007 where she also completed an MBA with honors in 2019. She is a member of the Ordre des Ingénieurs du Québec.

About the Cheechoo Property

The Cheechoo gold property, wholly-owned by Sirios, is located in Eeyou Istchee James Bay, Quebec, less than 9 km from Newmont’s Eleonore gold mine. The latest resource estimate for the Cheechoo project (October 2020) estimated an inferred resource of 2.0 million ounces of gold contained in 93.0 million tonnes of rock at an average grade of 0.65 g/t Au, with significant potential to increase this resource (BBA, P-L. Richard, P. Geo.; J. Torrealba, P. Eng.; D. Evangelista, P. Eng., NI 43-101 Technical Report, Mineral Resource Estimate Update for The Cheechoo Project, 31/10/2020).

About Sirios

A pioneer in the discovery of significant gold deposits in Eeyou Istchee James Bay, Quebec, Canada, Sirios Resources Inc. is focusing primarily on its Cheechoo gold discovery, while actively exploring the gold potential of its other properties.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Rules of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact :
Dominique Doucet, President, CEO, Eng.
Tel. : (514) 918-2867
[email protected]
website : www.sirios.com

This announcement was originally posted on the website of Global Newswire.

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