Dig Deep

Rob Tyson
undefined
Oct 23, 2024 • 38min

Sustainable Mining Practices: How American Rare Earths is Leading the Charge

In this episode, we chat to Chris Gibbs, CEO & Executive Director of American Rare Earths, an Australian company that owns and explores rare earths projects in Wyoming and Arizona, USA, and is essential for clean energy technologies. With a degree in business studies, Chris has over 28 years of experience in the resource sector across the globe and is an innovative leader with a proven track record for implementing organisational change and delivering business results. He gives us an overview of American Rare Earths, updates on the projects, their relationship with the Critical Materials Institute, leadership, and culture within organisations, and health and wellbeing so a lot of content to unpack. KEY TAKEAWAYS The company is focused on rare earths and is exploring significant projects in Wyoming and Arizona. It aims to become a major producer of neodymium and praseodymium, which are essential for clean energy technologies. American Rare Earths recently received a $456 million letter of interest from the Ex-Im Bank, which will help finance the construction of their processing and refinery facility. Additionally, they have secured state funding from Wyoming to support their Cowboy State Mine project. The company is committed to advancing sustainable technologies in rare earth processing. They are collaborating with research organisations to explore cleaner methods, including the use of bacteria for separating rare earths, which could reduce chemical usage and environmental impact. Chris emphasises the importance of a strong organisational culture, likening it to a successful sports team. He believes that treating people well, fostering open communication, and creating an environment of trust are crucial for building a motivated and effective workforce. BEST MOMENTS "Our vision here is to create the next major rare earth company in this space. We've got a significant project in the United States, potentially the largest rare earth resource in the heart of the US." "The irony of this is the company is called American Rare Earths and here you are, you're talking to an Australian who's got a lot of experience in North America." "We're the only mining company, aside from ourselves, in Rio Tinto, who are actually partnering or a member of the Critical Materials Institute." "It's not just about physical wellbeing, it's about mental wellbeing. It's about just, quite honestly, about just trying to be better people helping each other." "Every incident and accident is preventable. Health and safety is key, but I always go a little bit further than just the health and safety." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://americanrareearths.com.au/ https://www.linkedin.com/company/american-rare-earths/ https://www.youtube.com/channel/UCfTk3D2fQZ5DSTMKbR1jMVw https://x.com/ARRLimited ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Oct 20, 2024 • 28min

Unlocking Value: How Highfield Resources Secured $220 Million in Financing

In this episode, we have a returning guest who appeared back in July 2023 (Episode 353). Ignacio Salazar, CEO of Highfield Resources, who are an ASX listed potash company which focuses on the construction of its flagship low cost, low capex Muga Project in Spain and is forecasted to be one of the highest margin potash mines globally. Ignacio has a background in economics and law and has worked in the O&G industry with Shell before moving over to the mining industry back in 2009. As the CEO of Highfield Resources since 2020, Ignacio tells us more about the company and the journey he has been through, a current update on the project and the potash industry and what the vision is for the company. EMR Capital (has a stake in Highfield Resources) is going to be attending the upcoming IMARC Conference in Sydney on the 29-31st October at the Sydney Convention Centre so there’s a link below to purchase discounted tickets so you can meet like minded mining professionals at the event so be sure to get your ticket soon. KEY TAKEAWAYS Highfield Resources is nearing the construction phase of its flagship Muga potash project in Spain, having successfully navigated the permitting and financing stages over the past four years. The company secured a binding deal worth €220 million (approximately $240 million) in equity financing, which, combined with previous funding, brings the total to €550 million, sufficient to cover the project's capital expenditure and contingencies. Highfield has formed strategic partnerships with investors, including a significant group from Asia, which not only provides capital but also enhances access to markets, particularly in the Asia-Pacific region. The potash market is expected to remain strong in the long term due to increasing global food demand and declining arable land. However, short-term challenges include fluctuating prices influenced by geopolitical factors, particularly the roles of Russia and Belarus in the market. BEST MOMENTS "We are now practically ready, shower ready, as we like to say, for construction... huge, huge, big ticks on the boxes for permitting and financing." "This deal is about the 200 million euros from a group of investors plus there is an M&A transaction... done at a premium to our share price."  "The only way you can be more productive with less land to feed more people is through fertilisers, not like potash, nitrogen, phosphates." "We will be sixth, seventh global player globally in ranking... very confident that we really have the ingredients to make it successful." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org IMARC: Register: https://hubs.ly/Q02M_gGS0  10% discount on Delegate Passes – DigDeep10 Free expo pass code - HJ5EG6 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Oct 16, 2024 • 36min

Culture and Strategy in Mining: Insights from Mark Bennett, Executive Chairman of S2 Resources

In this episode, we chat to Mark Bennett, Executive Chairman at S2 Resources, an Australian company that aims to discover and develop high-value mineral resources, mainly gold and base metals in politically stable jurisdictions such as Australia and Europe. Mark is a geologist with over 30 years of experience in gold, nickel, and base metal exploration and mining predominately in Australia, West Africa, Canada,and Europe, and worked his way into executive positions over the last 15 years. Mark is also two times winner of the Association of Mining and Exploration Companies "Prospector Award" for his discoveries which include the Thunderbox Gold Mine, the Waterloo nickel mine, and most recently the world class Nova-Bollinger nickel-copper mine. Mark gives us an overview of S2 Resources, the projects they are working on, and speaks about cultural and strategy within small and large companies which is a strong passion of his. He’s also going to be attending the upcoming IMARC Conference in Sydney on the 29-31st October at the Sydney Convention Centre so there’s a link below to purchase discounted tickets so you can meet Mark and other like-minded mining professionals at the event so be sure to get your ticket soon. KEY TAKEAWAYS The journey into the mining industry can be unpredictable, with opportunities often arising from taking risks and being proactive. Networking and applying for jobs, even in challenging times, can increase the likelihood of success. A strong organisational culture is crucial, especially in exploration where failure rates are high. A positive culture fosters resilience, innovation, and open communication, which are essential for navigating the ups and downs of the industry. S2 Resources focuses on exploring in stable jurisdictions and prioritises projects with the potential for significant discoveries. The company emphasises a strategic approach to exploration, balancing patience with the need to adapt and seize opportunities. Engagement with Traditional Owners: Building trust and respect with local communities, particularly Indigenous groups, is vital for successful mining operations. Effective engagement can lead to mutually beneficial agreements and a more sustainable approach to resource development. BEST MOMENTS "If you don't have a good culture, you just go crazy doing that. You've got to believe in what you're doing and you have to be adaptive as well."  "The irony will be, I think, that in 10 or 15 years' time, the people who most want a lower carbon emission future are going to find that the prices of commodities to create that are just astronomical."  "It's about quality, not quantity. People would come in in shorts and t-shirts."  "There's no certainty but you've just got to put it out there and by taking that risk... will put you in good stead in the front of the queue." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org Social media: https://www.s2resources.com.au/ https://www.linkedin.com/company/s2-resources-ltd/ https://www.linkedin.com/in/mark-bennett-06820541/ IMARC: https://imarcglobal.com/register 10% discount on Delegate Passes – DigDeep10 Free expo pass code - HJ5EG6 ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Oct 13, 2024 • 22min

Exploring New Frontiers: Travis Schwertfeger on Many Peaks' Ambitious Ventures in West Africa's Gold and Copper Mining

In this episode, we chat with Travis Schwertfeger, Executive Chairman of Many Peaks, a junior miner focusing on adding value through cost- effective minerals exploration and discovery and who are advancing gold and copper projects in West Africa. Travis is a geologist with over 20 years of global industry experience primarily in gold and copper projects working across Australia, Africa, and South and North America. He discusses how Many Peaks formed, what they are looking to achieve in West Africa, and discusses the geology across West Africa and why it's unique about the region. KEY TAKEAWAYS Many Peaks is concentrating its efforts on mineral exploration in West Africa, particularly in Côte d'Ivoire, which is seen as a promising region for gold and copper discoveries due to its geological similarities to other prolific mining areas. The company is employing innovative exploration methods, such as auger drilling and hyperspectral imagery, to navigate the unique geological challenges of West Africa, including the presence of iron-rich layers that complicate traditional geochemical techniques. Many Peaks has three key projects in Côte d'Ivoire, with the Ferke project being the flagship. The company is building on previous exploration successes and aims to expand the known mineralization through systematic drilling. With a tight corporate structure and a current enterprise value significantly lower than comparable companies, Many Peaks presents an attractive opportunity for investors, especially with the potential for substantial re-rates following successful drill results. BEST MOMENTS "Côte d'Ivoire hosts the largest proportion of this greenstone belt. Over 30% of the Proterozoic terrain hosting gold is there, but proportionally it's seen the least amount of exploration versus those neighbouring countries." "We believe Côte d'Ivoire is quite ripe for a generation of discoveries over this coming decade." "We’re implementing a lot of auger drilling just to be able to drill through that cuirass... to get into the clay saprolite where you’ll see the true endowment of gold in the rock." "We have a very tight corporate structure... with a few successful drill holes, we would quite quickly see a substantial re-rate in terms of company valuation." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://manypeaks.com.au/ https://www.linkedin.com/company/many-peaks-gold/ https://www.linkedin.com/in/travis-schwertfeger-09745927/ https://x.com/ManyPeaksASX ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Oct 9, 2024 • 42min

Understanding the Copper Deficit: Challenges and Opportunities in the Mining Sector

In this episode, we chat with Gord Neal the CEO of World Copper, a listed junior miner who are an oxide copper-focused exploration, development, and production company with two proven resources, one in Arizona and the other in Chile. Gord has extensive experience in the metals and mining sector, as well as in the capital market, corporate governance, corporate finance, and investor relations, and has raised in excess of U$500M for various resources companies. Today, he discusses the journey of World Copper, the current state of the copper market, valuations in the junior space plus how the US elections could affect the mining industry. KEY TAKEAWAYS World Copper has two main assets: the Zonia Copper Oxide Project in Arizona and the Escalones Oxide Project in Chile. Zonia is positioned for quicker production due to its pre-stripped nature and existing infrastructure, while Escalones has a larger resource but faces permitting challenges due to recent government restrictions. The copper market is currently experiencing a significant deficit, driven by the increasing demand for copper in electric vehicles, renewable energy technologies, and infrastructure development. This demand is expected to rise as the world moves towards decarbonisation. Many junior mining companies, including World Copper, are facing valuation challenges, particularly those with market caps below $50 million. The current market conditions make it difficult for these companies to attract investment and gain attention. World Copper plans to conduct a verification drill program to confirm the presence of copper on leach pads at the Zonia project. Successful verification could significantly enhance the company's market valuation and support its move towards a bankable feasibility study. BEST MOMENTS "The biggest issue is we just don't have enough copper."  "If I can verify that there's $120 million worth of copper that's ready to be processed, any bank in the world is going to give you money."  "It's tough for the juniors... it's hard to get attention, it's hard to get capital."  "The market is a herd mentality... once that happens, everybody jumps in."  VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org Website: worldcopperltd.com Email: gneal@worldcopperltd.com Phone: (604) 638-3287​ All Socials (Facebook, X, LinkedIn): @WorldCopperLtd ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Oct 6, 2024 • 32min

Innovating Mining: The Transition to Sustainable Practices at Central Asia Metals

In this episode, we chat with Gavin Ferrar, who is now the new CEO of Central Asia Metals, a base metals producer on the AIM market of the London Stock Exchange and has a copper operation in Kazakhstan, and a zinc and lead mine in North Macedonia.  With a geology and finance background, Gavin has over 25 years of experience mainly working in the London investment banking sector focusing on debt and derivative financing for mining clients of Barclays Capital and equity and debt investments for Investec. He became the CFO of Central Asia Metals back in 2018 before stepping into the CEO’s shoes just recently. Gavin talks to us about his new role, how the company has progressed during his tenure, their ESG initiatives, and their business development activities especially with their recent investment into Aberdeen Minerals. KEY TAKEAWAYS Central Asia Metals operates two key assets: the Kounrad copper processing facility in Kazakhstan and the Sasa lead-zinc mine in North Macedonia. Both operations have shown strong profitability, with Kounrad achieving a 72% margin and projected copper production of 13,000 to 14,000 tons for the year. The company is transitioning to more efficient mining methods at Sasa, including paste fill and dry stack tailings, which enhance resource extraction, improve safety, and extend the mine's life to 2039. Central Asia Metals is committed to environmental, social, and governance (ESG) practices, including a solar power project in Kazakhstan aimed at reducing greenhouse gas emissions and compliance with the Global Industry Standard on Tailings Management (GISTM). The company is actively seeking to expand its portfolio by acquiring additional cash-flowing assets and has invested in ventures like Camel X for greenfields exploration in Kazakhstan and Aberdeen Minerals, which shows promising geological potential. BEST MOMENTS "I think my elevation to the CEO is part of that continuity... two people who understand the business intimately, but are also very keen to drive Central Asia Metals into its next phase of growth." "We've achieved exceptionally high margins, and the recent results that we put out in September, the margins that we're achieving are around 72%, which is fantastic." "The benefits now is that we've got much more efficient extraction of that resource using much more selective mining techniques." "Our goal is to achieve a 50% reduction in our greenhouse gas emissions by 2030... this was part of that program in terms of getting there." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org Website: https://www.centralasiametals.com/ Investor Relations Manager Richard Morgan 36 Carnaby Street London W1F 7DR  +44 (0) 20 7898 9001  richard.morgan@centralasiametals.com ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Oct 2, 2024 • 43min

From Silicon Valley to Silver Mining: John Lee's Journey and Vision for Silver Elephant

In this episode, we chat to John Lee, CEO and Executive Chairman of Silver Elephant, a TSX & OTC listed mining company with growing silver production from its 100% owned Pulacayo Paca mining project in Bolivia. John has an Economics and Engineering degree, is a CFA charter holder and accredited investor who specialises in mining M&A, raising over $150 million through the TSX and TSX Venture Exchange for junior companies since 2009. Today, he’s going to talk through Silver Elephant, the political and economic risks operating in Bolivia, gives us more of an insight into the silver market, and discuss what the future holds for humanity and why it's important to hold physical gold and silver. KEY TAKEAWAYS John has over 25 years of experience in the mining industry, transitioning from investing in mining stocks to running mining companies. He has raised over $150 million for junior mining companies and has a specialisation in silver. Silver Elephant, formerly known as Prophecy, has been focused on silver since 2016. The Pulacayo project in Bolivia is one of the largest underground silver mines in the world, with over 107 million ounces of indicated silver and a production rate of close to 100 tons per day. Bolivia has experienced fluctuations in foreign investment, particularly under different political regimes. Despite challenges, the country has a strong mining tradition and is considered economically stable, with a growing infrastructure and community relations that are crucial for mining operations. Silver Elephant prioritises sustainability by ensuring environmental protection, local employment, and community training programs. The company aims to leave the project in better condition than it was found, focusing on safety and economic benefits for the local community. BEST MOMENTS "Bolivia is actually the sixth largest silver producer, despite all the lack of foreign investments. It actually produces more silver per year than Argentina." "My definition of ESG is to make sure that we provide economic benefits and skill training. We ensure that the safety and environmental protocols adhere to the absolute highest standards." "The resources are massive, so we don't rely on additional discoveries in order to expand our operations." "I think the reason for that is the metals haven't really caught up to inflation. So the mining companies really haven't delivered cash flow and dividend to shareholders." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org John Lee Email: jlee@silverelef.com John Lee Twitter: https://x.com/johnlee25893955Silver Elephant Twitter: https://x.com/SilverElMiningSilver Elephant Website: https://silverelef.com Silver Elephant Tickers: TSX: ELEF; OTCQB: SILEF ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Sep 29, 2024 • 21min

Empowering the Energy Transition: Roshan Pujari on Stardust Power's Vision for Lithium Refining in the U.S.

In this episode, we chat with Roshan Pujari, Founder and Executive Chairman of Stardust Power, who are a company that develops and operates lithium projects in the US to meet the growing demand for electric vehicles and energy storage. They are developing a strategically located lithium refinery in Oklahoma, capable of producing up to 50K tonnes annually of battery-grade lithium. Roshan has over 20 years of analysis and deal-making experience as the Founder and CEO of VIKASA Capital, where he oversaw the firm’s energy transition business. Roshan explains the strategic outlook for Stardust Power with the lithium refinery, the US energy transition, and why they are focusing their activities in Oklahoma.  KEY TAKEAWAYS Stardust Power aims to develop North America's largest lithium refinery in Muskogee, Oklahoma, with a production capacity of 50,000 metric tons of battery-grade lithium annually to support the growing demand for electric vehicles and energy storage. The refinery's location in Oklahoma provides strategic advantages, including proximity to multiple sources of lithium brine and established transportation infrastructure, which helps mitigate risks associated with relying on single assets. Sustainability is a core value for Stardust Power, with plans to utilise electric production lines, zero liquid discharge technology, and sourcing power from renewable energy sources like wind and solar to minimise environmental impact. The company is committed to engaging with the local community in Muskogee, focusing on workforce training and education to prepare for the new green jobs created by the energy transition, leveraging the existing skilled workforce in the region. BEST MOMENTS "We saw a lot of investment going upstream into raw material production... but the critical gap in the supply chain was really refining capacity." "Sustainability is built into each step of our process... we're designing all of our trains as electric, so the production lines do not produce air emissions." "Oklahoma has always been at the crossroads of U.S. American leadership in the energy sector... it's a great place to start a new business." "We want to move appropriately, but we really want to move fast... we believe we're very close to that process from definitive supply upstream." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://stardust-power.com/ https://www.linkedin.com/company/stardust-power/ https://x.com/SDST_Power www.youtube.com/@Stardust-Power https://www.instagram.com/sdst_power/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Sep 25, 2024 • 42min

Unlocking the Potential of the Orom Cross Graphite Project: A Deep Dive with Mike Ralston

In this episode, we chat to Mike Ralston, CEO of Blencowe Resources, who owns 100% of the Orom-Cross graphite project in Uganda.  This is a huge deposit (estimated 2-3 billion tonnes) with proven high-grade end products (via substantial met test work, including the recently completed 600t bulk sample testing in China) and a 21-year mining license.  This project is now at Definitive Feasibility Study stage with first production in 2025.  Mike is a chartered accountant with 25 years of experience successfully developing businesses worldwide, including several in Africa where he has considerable expertise. He has been a senior executive and board member for several junior listed resource companies over the past 17 years and has raised over A$300m in debt and equity over that period. He discusses the history of Blencowe, educates us on the graphite market, how the Orom-Cross will move into production in the near term, and explains Uganda as a mining jurisdiction KEY TAKEAWAYS Blencowe Resources, established in 2019, owns the Orom-Cross Graphite Project in Uganda, which is estimated to contain 2-3 billion tons of high-grade graphite. The project is currently in the definitive feasibility study stage, with first production expected in 2025. The demand for graphite, particularly small flake graphite used in lithium-ion batteries, is anticipated to grow significantly, potentially reaching 3-4 million tons per annum by 2030. This growth is driven by the increasing production of electric vehicles and renewable energy storage solutions. Many graphite projects struggle to move from the definitive feasibility stage to production due to high operating costs, capital requirements, and the need for high-purity end products. The lack of new graphite mines entering production exacerbates supply constraints in the market. Uganda is recognised for its mineral wealth, including graphite, and the government is actively working to develop the mining sector. The stability of the government and recent changes in mining laws have created a more favourable environment for investment in mining projects. BEST MOMENTS "You need three things to make a project work: low cost to operate, low capital cost to build it, and high purity of end product." "The anticipated growth in the market is around the small flake product because that's what gets further purified and ultimately put into lithium-ion batteries." "There's not many, if any, graphite new graphite companies, mines going into production. While we're seeing this demand growth, we're not seeing a corresponding growth in supply." "Uganda is a great jurisdiction. It's stable, and the government's been running under the same government since 1986, so it's definitely got the stability factor." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://blencoweresourcesplc.com/ https://www.linkedin.com/company/blencowe-resources/     https://x.com/BlencoweRes ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 
undefined
Sep 22, 2024 • 28min

Marimaca Copper's Journey: A Deep Dive into the Promising Marimaca Project in Chile

In this episode, we chat with Hayden Locke, CEO of Marimaca Copper who are a TSX-listed copper miner that have a flagship asset which is their Mari-maca Copper Project in Chile’s Antofagasta region which has the promise to become one of the most significant copper‐oxide discoveries in recent years. An engineer by background, Hayden is an experienced mining executive with a demonstrated track record in mining & metals, investment banking, private equity and technology having spent the latter part of his career developing and leading successful LSE and ASX-listed mining companies. Today he discusses the background of Marimaca Copper, their flagship project, what Copper holds in store for us and much more. KEY TAKEAWAYS The Marimaca Copper Project in Chile is one of only a few new copper oxide discoveries made globally in the last decade, highlighting its potential importance in addressing the growing demand for copper. The project is characterised by its all-oxide resource, which allows for a lower capital intensity compared to traditional copper concentrate projects. This includes the absence of tailings storage and a simpler processing method using heap leaching. Securing environmental permits is identified as the biggest risk facing the project. The company is focused on thorough preparation to ensure compliance and mitigate risks associated with environmental approvals. There is a consensus that underinvestment in copper exploration and production, combined with increasing demand driven by the energy transition, could lead to a significant rise in copper prices in the coming years. BEST MOMENTS "Marimaca is one of only 3 or 4 new copper discoveries that have been made globally in the last 10 years. That is a really remarkable and quite frightening statistic for such a fundamental commodity." "We think we'll have some of the best return on investor capital metrics in the market. The biggest challenges always with every mining project is environmental permitting." "There has not been enough money spent, particularly in exploration, to find new copper projects. What that means is, as demand increases, you need to be finding and bringing on new production." "We are very focused on becoming a copper producer and moving as quickly as we can to do that." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org https://marimaca.com/ https://www.linkedin.com/company/marimaca-copper-corp/ https://marimaca.com/presentations/ https://www.linkedin.com/in/hayden-locke-171aa220/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app