The transition toward renewable and clean energy sources, both in the Middle East and around the world, relies on the availability of critical minerals. Critical minerals are set to be the foundation upon which a sustainable, clean energy future is built, catalyzing innovation and progress on a global scale.
Iran’s Ministry of Industries, Mining and Trade recently announced that the country has discovered its first lithium reserve, in Qahavand in Hamedan province. The reserve is believed to hold 8.4 million tons of lithium; if realized, this would rank Iran behind Chile (11 millions tons) and ahead of Australia (7.9.
Iranian trade ministry issues 30 crypto mining licenses cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
Crypto mining allegedly worsening air pollution in Iran Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities. 7886 Total views News
The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences.
According to a Bloomberg report, the energy requirements of Bitcoin (BTC) and crypto mining in Iran coupled with the demand for heat in an exceptionally cold winter have contributed to a natural gas shortage, forcing power plants to allegedly burn low-grade fuel oils to meet the country’s electrical needs. The result has been thick layers of toxic smog across many Iranian cities and blackouts as some power plants have closed.