![]() “The fact that they are mining cobalt is important,” he said. Still, Johnson noted the mine could be an important part of a global effort to cut carbon emissions, another goal of the Idaho Conservation League. “As they go into production, we’ll be watching to see if all of their environmental safeguards are working as they should be.” “We know that mining has historically been a destructive activity to the environment,” Johnson said, pointing to the defunct Blackbird site near the new mine, where extracting cobalt and other minerals starting in the late 1800s led to its designation as a Superfund site. Josh Johnson, who works on cobalt issues at the Idaho Conservation League, said his organization has had to grapple with that tension as they have partnered with battery minerals company Jervois on a program to protect the Upper Salmon River basin. The metal is an important component of the lithium-ion batteries that power everything from next-generation cars to smartphones and power tools.īut while supporters of the project emphasize new mining practices reduce the risk of environmental harm, the transition to more climate-friendly vehicles comes with risks. In Lemhi County, about 25 miles west of the town of Salmon, the Australian firm Jervois Mining is on track to open later this year what would be the only underground cobalt mine in the United States. Thanks to skyrocketing demand for minerals needed to build electric vehicles, that path could lead through Idaho. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.įusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.WASHINGTON – President Joe Biden has set the United States on an ambitious path toward dramatically cutting its carbon emissions in an effort to slow climate change. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. ![]() ![]() Trading on margin increases the financial risks.īefore deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.įusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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