Silica
A new venture for VVC - The Company has seen the value of silica rise in recent years bolstered by the energy transition and looks to take advantage of this opportunity. VVC is exploring multiple avenues for silica production. Currently, waste rock from one of VVC’s current projects can be refined into 98% pure silica. In addition, VVC has filed a claim in northern Sonora that contains naturally occurring 90%+ pure silica. The Company is also looking to acquire additional claims in the western US and has a target launch date for a silica division in 2023.
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Silica News & Updates
Wealthy countries consume massive amounts of natural resources per capita, and Americans are no exception.
According to data from the National Mining Association, each American needs more than 39,000 pounds (17,700 kg) of minerals and fossil fuels annually to maintain their standard of living.
It was a challenging year for commodity returns in 2023.
But there were a few exceptions. Gold was a standout performer, reaching record highs of $2,135 an ounce. As rate cuts began to look more likely in 2024, investors sought out the safe-haven asset and a weaker dollar also boosted demand for gold.
Copper, meanwhile, barely etched its way into the green, as China’s slumping property market weighed on demand.
The mainstay material of electronics is now yielding better energy storage
