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Floating wind farm industry busy being born; critical metals needed – Resource World Magazine
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By Ellsworth Dickson
The Iberian Pyrite Belt is a vast geographical area that is one of the world’s great regions hosting metallic mineral deposits where over 2,000 million tonnes of ore has been extracted. The belt stretches along much of the south of the Iberian Peninsula, from Portugal and into Spain. It is about 250 km long and 30–50 km wide, running northwest to southeast from Alcácer do Sal, Portugal, to Seville, Spain.
The Iberian Pyrite Belt was formed 350 million years ago in the Devonian Period, connected to active and hydrothermal volcanism that led to the formation of a volcanic-sedimentary complex. Volcanic activity in the region led to eight giant volcanogenic massive sulphide ore deposits (VMS) associated with polymetallic massive flanks of volcanic cones in the form of pyrite, chalcopyrite (copper), sphalerite (zinc), galena (lead) and cassiterite (tin). Over 250 deposits are known in the belt.
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By Ellsworth Dickson
Bolivia, a South American, land-locked country of 11.6 million, has had a tumultuous social and political past, while at the same time, has seen mineral production continue for some 500 years – since before the time of the Spanish Conquistadors.
For much of this time, foreign investment in the resource sector was not encouraged. However, things have changed and the government is now actively seeking foreign investment to develop its mining sector which is very underdeveloped despite significant resources of zinc, gold, silver, tin, antimony, iron ore, copper, tungsten, sulfur, potassium, borax, semi-precious stones and lithium. Bolivia has the world’s largest silver producer – Cerro Rico – with 1.6 billion ounces of silver and the world’s second-largest lithium reserves, estimated at 9 million tonnes, or about 25% of known global reserves.