Apr 3, 2023
EXPLORING TUNGSTEN USES AND THE CANADIAN GLOBAL DEMAND
Canada has a chance that only arises every few decades because of the growing demand for essential minerals worldwide. Critical metals, such as tungsten and molybdenum, are the foundation on which modern technology is based.
Simply put, a green energy revolution is only possible with the necessary minerals that Northcliff’s Sisson Project is working to produce.
Approximately 60 to 90 percent of the world's tungsten is produced using iron alloys, most of which are high-speed steels used in cutting tools. These alloys are employed in very small quantities to create internal combustion engine valves, valve seats, permanent magnets, and dyes. They have the qualities of being resistant and hard, even at high temperatures.
When combined with minor amounts of molybdenum, chromium, or diamond powder and up to 10 percent cobalt, five to ten percent of tungsten yields tungsten carbide, a tough substance unrivaled as a cutting tool for hard steels, bakelite, porcelain, and glass. Non-iron alloys, of which stellite is the most popular, are made with varying quantities of tungsten. This alloy creates surgical and other tools since it doesn't rust or tarnish. Although practically irreplaceable, tungsten is only used in minimal quantities in contact points, radio tubes, and electric lamp filaments.
The growth of these applications will lead to a rise in demand for tungsten worldwide. The International Energy Agency estimates that between 2020 and 2030, the market for critical minerals needed for a sustainable energy transition could increase by almost seven times.
By increasing the availability and processing of these minerals through projects such Northcliff’s Sisson, Canada may work with its allies to produce items like semiconductors, prosthetic limbs, ultrasound machines, solar panels, and wind turbines.
Canada will simultaneously work to retain and strengthen its status as a powerful, sustainable tungsten producer, which is essential to the global economy. The mineral is vital to Canada's trading connections, and we are in a strategic global position to build Northcliff’s Sisson Project.
Canada has opportunities to profit at every stage of the value chain for essential minerals, from mining to recycling. That's why the Canadian Critical Minerals Strategy seeks to develop value chains for the green and digital economies in Canada and worldwide by increasing the availability of critical minerals mined ethically. Northcliff's New Brunswick Sisson project sets Canada on a positive path as a global tungsten contender.
Critical minerals represent a once-in-a-generation opportunity for Canadian workers, the economy, and a net zero future for the nation. Northcliff's New Brunswick Sisson Project location has strategic advantages in infrastructure and potential employees. Our team can hire local, skilled, and experienced workers without looking outside the province.
According to Ernst & Young Global Limited, Canada has proposed to create a Critical Battery Minerals Centre of Excellence at Natural Resources Canada with CDN $36.8 million of funding for federal research and development to advance critical battery mineral processing and refining expertise. At Northcliff, we hope to become part of this essential research, to demonstrate how tungsten and molybdenum are key to a global energy transition.
Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson tungsten-molybdenum project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at www.northcliffresources.com