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Mining pivots to meet battery-metal demand; oil and gas, computational needs

Mining pivots to meet battery-metal demand; oil and gas, computational needs

FromKitco NEWS Roundtable


Mining pivots to meet battery-metal demand; oil and gas, computational needs

FromKitco NEWS Roundtable

ratings:
Length:
52 minutes
Released:
Oct 1, 2021
Format:
Podcast episode

Description

Some advanced computers require super-cooling, and that's where helium plays its role, said Desert Mountain Energy's CEO Robert Rohlfing. On Friday Rohlfing recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae, Kitco correspondent Paul Harris and editor Neils Christensen.Mining companies have been investing in lithium, copper and nickel projects to meet growing need for lithium-ion battery materials. Some oil and gas companies are pivoting to helium extraction. There is a growing need for helium, which cools computationally intensive hardware needed for machine learning, which is finding its way into transportation and smart-driving systems. Rohlfing's company is up 61% year to date.
Released:
Oct 1, 2021
Format:
Podcast episode

Titles in the series (100)

Join Kitco Kitco correspondent Paul Harris and mining audiences manager Michael McCrae who highlight the biggest news in precious metals and mining.