Surge in Copper Demand
The green transition will support a surge in copper demand – Copper demand is estimated to grow nearly 600% to 5.4 Mt by 2030 across Electric Vehicles, wind, solar and battery technology
Under-invested Copper Market
The copper market is unprepared for this critical role – It is estimated that there will be a long -term supply gap of 8.2 Mt by 2030
Mid-decade Sticky Supply
Sticky supply threatens to deplete copper stocks by mid-decade – Copper is so integral to the green transition that supply requirements necessitate a spike in copper prices
Copper is on a necessary path to $15,000/ton – Copper prices as of May 7th (10,424/t) are too low to prevent a near-term risk of inventory depletion
Key for Electrification
Copper is key for electrification – Copper properties make copper the first-best affordable material for the use in cables, batteries, transistors and inverters-all key technologies on the path to net zero
Supply Peaks in 2024
Copper mine supply peaks in 2024 – After a 5-year period of essentially no growth in copper mine supply up to and including 2021. it is expected that mine supply will peak in 2024 at 24Mt before declining in 2026 and through 2030
Copper is a critical component of decarbonization. Electric vehicles, batteries, energy storage, high voltage wiring, wind turbines and photovoltaics all use copper as a fundamental enabler.
CiDRA’s P29 systems makes it possible to produce copper in a more sustainable manner by using less electricity, and water per ton of ore produced.
P29 Mineral Separation systems generate a coarse particle based waste stream. This is ideal for the construction of a new generation of more stable, safer tailings dam walls.
SONARtrac Flow Solutions
CiDRA’s line of SONARtrac flow meters is a breakthrough in flow measurement technology. Our passive sonar flow meters provide accurate and reliable flow measurements for a wide range of applications and industries. Over the years, our family of SONARtrac systems has evolved to include a variety of flow meters designed to measure single and multiphase flows from water to highly aggressive slurries. Due to their non-contact design, our sonar flow meters do not have any moving parts or process wetted parts that are subject to wear, or inherent drift mechanisms. Instead, they install easily on the outside of any type of pipe and provide years of service with no maintenance required.
CiDRA Minerals Processing Inc. Showcases Revolutionary Technology at MINEXCHANGE 2024 SME Annual Conference & Expo
CiDRA Minerals Processing Inc. is proud to announce its participation in the MINEXCHANGE 2024 SME Annual Conference & Expo, taking place from February 25 to February 28 at the Phoenix Convention Center. At the event, CiDRA will be showcasing its groundbreaking engineered media mineral recovery technology, which draws upon a century of traditional flotation and reagent knowledge while eliminating the process limitations associated with flotation bubbles. This is a transformative development in mineral recovery.
CiDRA Awarded a Services Contract for First of a Kind Grind Circuit Rougher at OZ Minerals’ Carrapateena Mine Site
OZ Minerals and CiDRA Minerals Processing Inc. (“CiDRA”) have commissioned a front end engineering and design (“FEED”) study for a full-scale implementation of CiDRA’s novel minerals separation technology at the Carrapateena mine site. Applying CiDRA’s novel technology as a Grind Circuit Rougher will help remove coarse material from the grind circuit circulating loads, enabling an increase in plant throughput.
Position Summary: We are currently seeking a Sr Process Engineer to join our diverse process development team. The Sr Process Engineer will be responsible for providing leadership for overall process/system design and site-specific engineering studies including:...
CiDRA is a leader in industry innovation, effectively combining the use of VC capital to spur innovation and generate IP, with directed funding from our customers to develop application-specific uses of new sensor technologies in critical industrial processes. CiDRA is known for strong IP creation, with over 700 U.S. and International patent and patent applications.
CiDRA has also created five companies in CT, sustaining jobs and growth as well as a US-based manufacturing facility. Three of those five companies were sold to multi-national, industry-leading companies – Weatherford, Illumina and Expro.