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Amazon NV Energy Geothermal Deal Powers AI Data Centers

Amazon’s First Geothermal Deal Signals a New Era for AI Data Centers in Nevada By:  Robert Buluma Amazon’s entry into geothermal energy through a landmark partnership with Nevada utility NV Energy marks a major turning point in how hyperscale data centers are powered in the United States. The agreement, centered in the Reno region, is more than a corporate clean-energy procurement—it represents a structural shift toward 24/7 carbon-free electricity for AI-driven infrastructure. At its core, the deal combines geothermal baseload energy, large-scale solar generation, and battery energy storage into a unified system designed to power one of the fastest-growing data center hubs in North America: the Tahoe-Reno Industrial Center. This is Amazon’s first formal entry into geothermal energy, placing it alongside other major technology companies that are increasingly investing in firm renewable energy sources to support artificial intelligence workloads. The Core Agreement: 700MW ...
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Sweden the heartbeat of Europe's rare earths deposits

 



LKAB owns and run the Kiruna ore mine, which is Europe’s largest underground iron ore operation. (Image courtesy of LKAB.)

LKAB, Swedish state-owned mining company, said it had found Europe’s largest known deposit of rare earths close to Kiruna, the country’s northernmost town.

This discovery might unchain the continents  dependence in mining from the China.

98% of the group of 17 minerals used in electric vehicles (EVs), portable electronics, wind turbines and military equipment are produced by the nation.

According to LKAB, the Per Geijer deposit,  north of the company’s largest iron ore mine in the Swedish Arctic, is estimated to contain more than 1 million tonnes of rare earths.

Developments still in  exploratory phase with the full extent of the deposit is not known.

“It will be at least 10 to 15 years before we can actually begin mining and deliver raw materials to the market,” chief executive officer Jan Mostrom said in the statement, citing a timeline derived from other permitting processes in the industry. 

LKAB plans an application for an exploration concession this year, before seeking permits.   

Mostrom called on the European Commission to speed up and streamline those processes as part of its Critical Raw Materials Act, which is expected to be announced in March this year.

Sweden plays a pivotal role in the European Union’s renewable energy quest,  supplying about 90% of the continent’s iron ore. Most of the steelmaking commodity is mined at LKAB’s operations.


Source: Mining.com


#Sweden #Renewableenergy #RareEarths #Europe



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