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		<title>A meteorite &#8216;full of gold, worth 10 trillion USD&#8217; may just be &#8216;a pile of rubble&#8217;</title>
		<link>https://en.spress.net/a-meteorite-full-of-gold-worth-10-trillion-usd-may-just-be-a-pile-of-rubble-2/</link>
		
		<dc:creator><![CDATA[Thu Hằng/Báo Tin tức (Theo Daily Mail)]]></dc:creator>
		<pubDate>Mon, 21 Jun 2021 06:44:13 +0000</pubDate>
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					<description><![CDATA[An asteroid once thought to be worth $10 trillion, making everyone on Earth billions of dollars, might just be a pile of debris. 16 Psyche is believed to be the core of a dead planet. NASA plans to explore asteroid 16 Psyche &#8211; long thought to be the core of a dead planet &#8211; in [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>An asteroid once thought to be worth $10 trillion, making everyone on Earth billions of dollars, might just be a pile of debris.</strong><br />
<span id="more-26164"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/b1f7f508fe4a17144e5b.jpg" width="625" height="451"> </p>
<p> <em> 16 Psyche is believed to be the core of a dead planet.</em> NASA plans to explore asteroid 16 Psyche &#8211; long thought to be the core of a dead planet &#8211; in 2022 to determine if it actually contains the precious metal. worth 10 trillion USD, which means making everyone on Earth a billionaire or not. Before that time, however, a new study suggests that 16 Psyche is more than likely just a pile of debris. Research published in the journal Planetary Science shows that 16 Psyche is composed of 82.5% metal, 7% iron content pyroxene and 10.5% carbon chondrite. It can also have a bulk density – i.e. the degree of free space inside – of 35%. These numbers are much lower than previous estimates that said it could contain up to 95% metals, mainly iron, nickel and gold. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/01abba55b11758490106.jpg" width="625" height="420"> <em> NASA has planned to probe the asteroid 16 Psyche, which is said to be filled with iron, gold, nickel and platinum, in 2022.</em> The study&#8217;s lead author, David Cantillo, a senior at UA Arizona University, said in a statement: &#8220;The drop in metal content and bulk density is interesting because it shows that 16 Psyche is very strong. different than previously thought&#8221;. “It would come as a surprise to see Psyche as a pile of debris, but our data continue to show low bulk density estimates despite its high metal content,” Cantillo said. If the &#8220;gold-filled&#8221; asteroid was more like a wreck and had less metal inside, as Cantillo and other researchers believe, it wouldn&#8217;t be that different from other asteroids in the Solar System, for example. like the asteroid Bennu. Now, NASA&#8217;s OSIRIS-REx mission recently embarked on a 2.2 billion-kilometer journey back to Earth after collecting nearly 1kg of rock and dust from Bennu, which could help shed light on how the Solar System formed. . To arrive at their new discovery, the researchers reconstructed the surface of 16 Psyche in the lab, mixing the different ingredients until the patterns of visible light matched those of the asteroid. &#8220;Having a lower metal content than previously thought means the asteroid may have collided with asteroids containing more common carbon chondrites, depositing a surface layer,&#8221; Cantillo said. that we are observing”. However, NASA notes 16 Psyche remains a major concern for scientists. It is the 16th asteroid discovered on March 17, 1852 by the Italian astronomer, Annibale de Gasparis. 16 Psyche takes about 5 years to orbit the Sun once, but only 4 hours to rotate on its axis, making the day on this asteroid only 1/6th of the day on Earth. According to EarthSky.org, 16 Psyche has a diameter of 182 km, containing 1% of all metals in the asteroid belt. <em> <strong> Watch a simulation video of asteroid 16 Psyche (Source Daily Mail)</strong> </em> Even if 16 Psyche is worth less than the $10 trillion figure, it&#8217;s still valuable to researchers hoping to learn more about what they believe to be the remains of a long-dead planet. . Study author Cantillo said: “The opportunity to study the exposed core of a planet is extremely rare, which is why they sent spacecraft missions there, but our work shows that 16 Psyche is much more interesting than anticipated.” The researchers also believe that there is water on 16 Psyche&#8217;s surface, so they will look to merge their data with other missions to asteroids to determine how much water is present. The $117 million spacecraft — which NASA began building in July 2020 — will go into space aboard a SpaceX Falcon Heavy rocket. It is expected to reach asteroid 16 Psyche in the asteroid belt in early 2026. The spacecraft will travel for 21 months in asteroid orbit, mapping and studying the properties of the giant meteorite, with the goal of determining if it is indeed the core of a planet. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/eca5555b5e19b747ee08.jpg" width="625" height="270"> <em> Asteroid 16 Psyche has long been thought to contain large amounts of iron, nickel, gold and platinum.</em> <strong> The Metal World of 16 Psyche</strong> 16 Psyche is located in the large asteroid belt between Mars and Jupiter, and may have started as a planet, before it was partially destroyed during the formation of the Solar System. It is now a 200km-wide block of metal, made up of iron, nickel and several other rare metals, including gold, platinum and copper. Thus, it could provide a unique view of the violent collisions that created the Earth and the planets. NASA&#8217;s mission will seek to determine whether Psyche was the core of an early planet, how old it is, whether it formed in ways similar to Earth&#8217;s core and its surface. how. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/3f0687f88cba65e43cab.jpg" width="625" height="347"> <em> NASA will send an unmanned spacecraft mission to 16 Psyche, scheduled to launch in August 2022.</em> 16 Psyche, which could be 370 million kilometers away from Earth, is one of the most mysterious objects in our Solar System, and scientists may soon get a close-up look thanks to a newly identified NASA mission take. If the asteroid could be transported back to Earth, the iron alone would be worth $10 trillion. Its value would be large enough to destroy commodity prices and cause the world economy &#8211; worth $73.7 trillion &#8211; to collapse. Assuming the market for material from asteroid 16 Psyche is returned to Earth, this could cause the value of precious metals to plummet, completely devaluing all holdings including those of governments and all companies engaged in the exploitation, distribution and sale of such commodities.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">26164</post-id>	</item>
		<item>
		<title>A meteorite &#8216;full of gold, worth 10 trillion USD&#8217; may just be a &#8216;pile of rubble&#8217;</title>
		<link>https://en.spress.net/a-meteorite-full-of-gold-worth-10-trillion-usd-may-just-be-a-pile-of-rubble/</link>
		
		<dc:creator><![CDATA[Thu Hằng/Báo Tin tức (Theo Daily Mail)]]></dc:creator>
		<pubDate>Mon, 21 Jun 2021 03:00:17 +0000</pubDate>
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					<description><![CDATA[An asteroid once thought to be worth $10 trillion, making everyone on Earth billions of dollars, might just be a pile of debris. 16 Psyche is believed to be the core of a dead planet. NASA plans to explore asteroid 16 Psyche &#8211; long thought to be the core of a dead planet &#8211; in [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>An asteroid once thought to be worth $10 trillion, making everyone on Earth billions of dollars, might just be a pile of debris.</strong><br />
<span id="more-26117"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/b1f7f508fe4a17144e5b.jpg" width="625" height="451"> </p>
<p> <em> 16 Psyche is believed to be the core of a dead planet.</em> NASA plans to explore asteroid 16 Psyche &#8211; long thought to be the core of a dead planet &#8211; in 2022 to determine if it actually contains the precious metal. worth 10 trillion USD, which means making everyone on Earth a billionaire or not. Before that time, however, a new study suggests that 16 Psyche is more than likely just a pile of debris. Research published in the journal Planetary Science shows that 16 Psyche is composed of 82.5% metal, 7% iron content pyroxene and 10.5% carbon chondrite. It can also have a bulk density – i.e. the degree of free space inside – of 35%. These numbers are much lower than previous estimates that said it could contain up to 95% metals, mainly iron, nickel and gold. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/01abba55b11758490106.jpg" width="625" height="420"> <em> NASA has planned to probe the asteroid 16 Psyche, which is said to be filled with iron, gold, nickel and platinum, in 2022.</em> The study&#8217;s lead author, David Cantillo, a senior at UA Arizona University, said in a statement: &#8220;The drop in metal content and bulk density is interesting because it shows that 16 Psyche is very strong. different than previously thought&#8221;. “It would come as a surprise to see Psyche as a pile of debris, but our data continue to show low bulk density estimates despite its high metal content,” Cantillo said. If the &#8220;gold-filled&#8221; asteroid was more like a wreck and had less metal inside, as Cantillo and other researchers believe, it wouldn&#8217;t be that different from other asteroids in the Solar System, for example. like the asteroid Bennu. Now, NASA&#8217;s OSIRIS-REx mission recently embarked on a 2.2 billion-kilometer journey back to Earth after collecting nearly 1kg of rock and dust from Bennu, which could help shed light on how the Solar System formed. . To arrive at their new discovery, the researchers reconstructed the surface of 16 Psyche in the lab, mixing the different ingredients until the patterns of visible light matched those of the asteroid. &#8220;Having a lower metal content than previously thought means the asteroid may have collided with asteroids containing more common carbon chondrites, depositing a surface layer,&#8221; Cantillo said. that we are observing”. However, NASA notes 16 Psyche remains a major concern for scientists. It is the 16th asteroid discovered on March 17, 1852 by the Italian astronomer, Annibale de Gasparis. 16 Psyche takes about 5 years to orbit the Sun once, but only 4 hours to rotate on its axis, making the day on this asteroid only 1/6th of the day on Earth. According to EarthSky.org, 16 Psyche has a diameter of 182 km, containing 1% of all metals in the asteroid belt. <em> <strong> Watch a simulation video of asteroid 16 Psyche (Source Daily Mail)</strong> </em> Even if 16 Psyche is worth less than the $10 trillion figure, it&#8217;s still valuable to researchers hoping to learn more about what they believe to be the remains of a long-dead planet. . Study author Cantillo said: “The opportunity to study the exposed core of a planet is extremely rare, which is why they sent spacecraft missions there, but our work shows that 16 Psyche is much more interesting than anticipated.” The researchers also believe that there is water on 16 Psyche&#8217;s surface, so they will look to merge their data with other missions to asteroids to determine how much water is present. The $117 million spacecraft — which NASA began building in July 2020 — will go into space aboard a SpaceX Falcon Heavy rocket. It is expected to reach asteroid 16 Psyche in the asteroid belt in early 2026. The spacecraft will travel for 21 months in asteroid orbit, mapping and studying the properties of the giant meteorite, with the goal of determining if it is indeed the core of a planet. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/eca5555b5e19b747ee08.jpg" width="625" height="270"> <em> Asteroid 16 Psyche has long been thought to contain large amounts of iron, nickel, gold and platinum.</em> <strong> The Metal World of 16 Psyche</strong> 16 Psyche is located in the large asteroid belt between Mars and Jupiter, and may have started as a planet, before it was partially destroyed during the formation of the Solar System. It is now a 200km-wide block of metal, made up of iron, nickel and several other rare metals, including gold, platinum and copper. Thus, it could provide a unique view of the violent collisions that created the Earth and the planets. NASA&#8217;s mission will seek to determine whether Psyche was the core of an early planet, how old it is, whether it formed in ways similar to Earth&#8217;s core and its surface. how. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_06_21_294_39249916/3f0687f88cba65e43cab.jpg" width="625" height="347"> <em> NASA will send an unmanned spacecraft mission to 16 Psyche, scheduled to launch in August 2022.</em> 16 Psyche, which could be 370 million kilometers away from Earth, is one of the most mysterious objects in our Solar System, and scientists may soon get a close-up look thanks to a newly identified NASA mission take. If the asteroid could be transported back to Earth, the iron alone would be worth $10 trillion. Its value would be large enough to destroy commodity prices and cause the world economy &#8211; worth $73.7 trillion &#8211; to collapse. Assuming the market for material from asteroid 16 Psyche is returned to Earth, this could cause the value of precious metals to plummet, completely devaluing all holdings including those of governments and all companies engaged in the exploitation, distribution and sale of such commodities.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">26117</post-id>	</item>
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		<title>Raw material for batteries Is nickel still in short supply? First a lack of chips, then a lack of wood, soon a lack of nickel? E-mobility also devours resources. Due to the increasing demand for batteries, the demand for nickel is likely to increase strongly.</title>
		<link>https://en.spress.net/raw-material-for-batteries-is-nickel-still-in-short-supply-first-a-lack-of-chips-then-a-lack-of-wood-soon-a-lack-of-nickel-e-mobility-also-devours-resources-due-to-the-increasing-demand-for-batte/</link>
		
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		<pubDate>Fri, 18 Jun 2021 10:30:26 +0000</pubDate>
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					<description><![CDATA[Raw material for batteries Is nickel still in short supply? Status: 15.06.2021 3:55 p.m. First a lack of chips, then a lack of wood, soon a lack of nickel? E-mobility also devours resources. Due to the increasing demand for batteries, the demand for nickel is likely to increase strongly. The sufficient supply of the metal [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="ts-image" src="https://www.tagesschau.de/multimedia/bilder/nickel-mine-103https://www.tagesschau.de/https://www.tagesschau.de/~_v-videowebm.jpg" srcset="https://www.tagesschau.de/https://www.tagesschau.de/~_v-videowebm.jpg" alt="Workers in a nickel mine, Taimyrsky, Russia. | picture alliance / Kirill Kukhma" title="Workers in a nickel mine, Taimyrsky, Russia. | picture alliance / Kirill Kukhma"></p>
<h1> Raw material for batteries Is nickel still in short supply? </h1>
<p>Status: 15.06.2021 3:55 p.m. </p>
<p> <strong> First a lack of chips, then a lack of wood, soon a lack of nickel? E-mobility also devours resources. Due to the increasing demand for batteries, the demand for nickel is likely to increase strongly.</strong> The sufficient supply of the metal nickel could become critical in the next few years. The German Raw Materials Agency (DERA) warns of this in a current analysis. The background to this is the increasing demand generated by the turnaround towards electromobility. &#8220;We assume that, depending on the scenario, global nickel demand will increase from around 2.4 million tons today to around 3.4 million tons in 2025,&#8221; explains Dr. Michael Szurlies, nickel expert at the Federal Institute for Geosciences and Natural Resources (BGR). &#8220;Overall, the nickel market is facing a turning point in terms of demand in the coming years, which will lead to a significant shift in market shares within the areas of application.&#8221; As a special department of the BGR, DERA advises the federal government, business and NGOs on raw material issues, for example on security of supply and the ecological consequences.</p>
<p><a   class="teaser-absatz__link" href="https://en.spress.net/wp-content/plugins/wp-optimize-by-xtraffic/redirect/?gzv=H4sIAAAAAAACAxXIOw6AIAwA0Lt0B2TlLCxVyycoGmjDYLy7OL73gICDxHx35403YwzNGKn3LaHonWblxr8Ce4OlSLjapNSoVmSmlqkqu1id-Dzg_QDeb36VUQAAAA.." target="_blank" rel="nofollow noopener"> <img fifu-featured="1" decoding="async" class="ts-image js-image" src="https://www.tagesschau.de/multimedia/bilder/akasol-batterie-101~_v-klein1x1.jpg" alt="" title="" title="Akasol car battery"> <strong> </strong> 02/18/2021</p>
<p>State of battery research The concentrated load The battery does a good job in everyday life.</p>
<p></a></p>
<h2> Nickel is used for batteries </h2>
<p>So far, nickel has mainly been used in steel production: around 85 percent is currently used in the manufacture of stainless steel and alloys, as DERA writes. The use in batteries currently accounts for around five percent. That will change in the near future. Because nickel is now a &#8220;key raw material&#8221; for the transport and energy transition, according to the study. Due to the strong demand generated by the global expansion of electromobility, the experts expect that by 2025, depending on the scenario, the share could be up to 21 percent. This would make batteries the second largest area of ​​application.</p>
<p><a   class="teaser-absatz__link" href="https://en.spress.net/wp-content/plugins/wp-optimize-by-xtraffic/redirect/?gzv=H4sIAAAAAAACAxXJMQ7DMAhA0bt4t92sOYsXJ6WA5JDIgBiq3r3J-N__Jk9rIrNL11ZbjYhiHUF1p-7lDTfxtKc-1qrBTnKOE_keg43Yj4wQLOKCGadvINFVYWaZkZfXUsiOkX5_UxBcOGkAAAA." target="_blank" rel="nofollow noopener"> <img decoding="async" class="ts-image js-image" src="https://www.tagesschau.de/multimedia/bilder/grubenwasser-101~_v-klein1x1.jpg" alt="Mine water is channeled into the Rhine | dpa" title="Mine water is channeled into the Rhine | dpa"> <strong> </strong> 07.03.2021</p>
<p>New procedure under test Battery raw material from mine water Many elements are dissolved in mine water from old mining tunnels, including lithium.</p>
<p></a></p>
<h2> Most of the nickel comes from Indonesia</h2>
<p>Indonesia is the world&#8217;s largest supplier of nickel. The experts write that the vast majority of the new global production and refining capacities for the metal are expected there by 2025. This leads to a significant increase in the market concentration for nickel &#8211; and also has the consequence that the power of the main suppliers increases. Whether prices can also be expected to rise in the future due to rising demand depends on whether supply also increases. It is not excluded. In order to reduce the dependency on international suppliers, consideration is being given to extracting important raw materials &#8211; including nickel &#8211; in Europe. Experts emphasize that a European supply chain could make economic sense. In January, Peter Buchholz, head of DERA, said it would be good if Europe also built up its own capacities. The projects just have to be cost-competitive.</p>
<p><a   class="teaser-absatz__link" href="https://en.spress.net/wp-content/plugins/wp-optimize-by-xtraffic/redirect/?gzv=H4sIAAAAAAACA6tWKlWyUsooKSkotorRj9EvLy_XK0lMTy0uTs5ILNVLSQUKZRaVgHhpJTH6RfkZxSX5aWmphgZGehkluTlKtQBmjmI6QgAAAA.." target="_blank" rel="nofollow noopener"> <img decoding="async" class="ts-image js-image" src="https://www.tagesschau.de/multimedia/bilder/bastnaesit100~_v-klein1x1.jpg" alt="Bastnesite" title="Bastnesite"> <strong> background</strong> 10/27/2010</p>
<p>Debate about resource crunch Why rare earths are so important Efficient energy-saving lamps, wear-resistant car tires, powerful electric motors &#8211; just three examples from our everyday lives.</p>
<p></a></p>
<h2> Recycling is becoming more important </h2>
<p>The automotive industry in particular, but also machine builders with a focus on solar or wind power, steel manufacturers or the IT and medical technology industries are dependent on a continuous supply of basic materials such as nickel. This also applies to so-called rare earths &#8211; elements such as cobalt or lithium, which is usually the central raw material for batteries in pure electric drives. The authors of the study also have the issue of sustainability in mind: &#8220;In view of the goal of reducing emissions of climate-damaging carbon dioxide through electromobility, in future, apart from questions of availability, the most environmentally friendly and sustainable extraction and processing of nickel will be more important.&#8221; One has to ask how more nickel and nickel compounds can be recovered at the end of the life cycle of the products and how less environmentally harmful and at the same time more socially fair promotion can be achieved. On the one hand, there are technological developments towards greater efficiency and fewer emissions. On the other hand, the increasing mining in tropical regions is a problem due to the large amount of land required.</p>
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		<title>Why should choose titanium watches?</title>
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		<dc:creator><![CDATA[Hoàng Anh]]></dc:creator>
		<pubDate>Tue, 04 May 2021 17:37:15 +0000</pubDate>
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					<description><![CDATA[Titanium material creates luxurious accessories and has outstanding advantages such as waterproof, does not cause skin irritation. Stainless steel is being &#8220;challenged&#8221; in the watchmaking sector as titanium is preferred. Titanium is a light metal, highly resistant to corrosion. This means it does not cause allergies like stainless steel watches. Titanium is now an important [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Titanium material creates luxurious accessories and has outstanding advantages such as waterproof, does not cause skin irritation.</strong><br />
<span id="more-11528"></span> Stainless steel is being &#8220;challenged&#8221; in the watchmaking sector as titanium is preferred. Titanium is a light metal, highly resistant to corrosion. This means it does not cause allergies like stainless steel watches.</p>
<p> Titanium is now an important factor in the design of fashion and accessories. Thanks to its high strength, corrosion resistance, and light weight, watchmakers begin to use this metal for the reasons below. <strong> Light-weight</strong> According to the <em> Momentum Watch</em> , the craftsman can easily design complex titanium watches because it is light and durable. Many people believe that lightweight watches are more suitable for women. However, men are now looking for lightweight products so as not to interfere with arm performance. This is one of the reasons titanium watches are so popular among men. <img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_119_38626065/e0183748110af854a11b.jpg" width="625" height="416"> <em> The light weight of the watch makes the user operations easier. Photo: Keepthetime. </em> <strong> Durable</strong> The titanium watch&#8217;s weight is 45% lighter than stainless steel. Also, titanium watches are virtually impossible to rust. This metal can resist most acids, except for nitric acid (a very rare substance that occurs in everyday life). In fact, the corrosion resistance of tian and platinum is similar. <strong> Works well underwater</strong> Titanium is composed of an oxide film, which does not allow metals to rust or corrode. This makes titanium watches a great choice for divers and those engaged in underwater activities. In addition, titanium can easily survive in harsh environments. Watch makers report the water resistance of this metal to differ from model to model. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_119_38626065/0bcfdb9ffddd14834dcc.jpg" width="625" height="386"> <em> Water resistance and natural stress resistance make titanium material popular. Photo: watchipidia. </em> <strong> Do not irritate the skin</strong> According to the <em> GQ Mexico</em> Titanium does not cause any skin irritation when exposed to sweat or water. In contrast to titanium, stainless steel contains nickel, which causes skin rashes or allergies. If you are looking to buy luxury brand watches, titanium watches are the ideal choice. <strong> Fashionable</strong> Titanium material cannot be mechanically cast to specific shapes in the automated production system. Instead, it needs to be drilled and machined manually. This gives a unique aesthetic to titanium products. In addition, this material also gives a trendy and distinctive color compared to stainless steel. When wearing a titanium watch, you exude both classic and modern style. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_24_119_38626065/acd7728754c5bd9be4d4.jpg" width="625" height="455"> <em> Its diverse features and outstanding advantages make titanium an indispensable material in watchmaking. Photo: blastingnews. </em> <strong> Environmentally friendly metal</strong> Besides, titanium is an environmentally friendly metal because it can be easily recycled. Titanium&#8217;s unique properties make it the ideal metal for high-end, trendy watchmaking. You can choose a watch model according to your preference or wallet. <em> <strong> How to choose watches for men</strong> </em> <em> Tim Dessaint suggests a few tips to help the guys get the model that suits the style.</em></p>
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		<title>Cheating $ 740 million, Singapore transactors buy a villa, a super car</title>
		<link>https://en.spress.net/cheating-740-million-singapore-transactors-buy-a-villa-a-super-car/</link>
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		<dc:creator><![CDATA[Bùi Ngọc]]></dc:creator>
		<pubDate>Thu, 15 Apr 2021 08:34:14 +0000</pubDate>
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					<description><![CDATA[At the age of 33, Ng Yu Zhi owns a 3-storey villa in a high-end residential area in Singapore and spent more than $ 5 million to buy a supercar Pagani Huayra. According to the Bloomberg, Singapore prosecutors accuse Ng Yu Zhi of defrauding at least S $ 1 billion ($ 740 million) from many [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>At the age of 33, Ng Yu Zhi owns a 3-storey villa in a high-end residential area in Singapore and spent more than $ 5 million to buy a supercar Pagani Huayra.</strong><br />
<span id="more-1052"></span> </p>
<p>According to the <em>Bloomberg</em>, Singapore prosecutors accuse Ng Yu Zhi of defrauding at least S $ 1 billion ($ 740 million) from many investors through a series of short commodity transactions. Singapore police describe this as one of the biggest investment fraud scandals ever.</p>
<p>The Singapore authorities have yet to disclose sufficient information about Ng and his fraudulent tricks. However, <em>Bloomberg </em>research court records, interview investors, and determine that the 33-year-old trader has raised huge amounts of investment with a pledge of up to 15% quarterly average interest rates.</p>
<p>This interest rate is equivalent to the achievements of the top hedge fund managers in the world.</p>
<p><strong>Invest in many areas</strong></p>
<p>As a Singapore citizen, Ng is allowed to bail after paying S $ 1.5 million ($ 1.1 million) in bail. This teller must wear an electronic surveillance device. Ng&#8217;s trial will continue in the coming weeks.</p>
<p>Ng&#8217;s past remains a secret. However, this teller has become well known in Singapore&#8217;s philanthropic community, supercar players and entrepreneur club in recent years. In August 2020, Ng was honored by Yong Loo Lin School of Medicine at National University of Singapore for his contributions in fundraising activities.</p>
<p><img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_15_119_38535683/a9d67f9955dbbc85e5ca.jpg" width="625" height="468"></p>
<p><em> Transaction officer Ng Yu Zhi. Photo: PR Newswire. </em></p>
<p>According to the <em>Straits Times</em>, Singapore authorities confiscated assets worth S $ 100 million ($ 74 million) &#8211; including super car Pagani Huayra &#8211; of Ng to serve the investigation. A source from the police said the Pagani Huayra is priced at about $ 5.2-5.9 million.</p>
<p>Ng invests in many industries, from commodities, technology startups to Japanese restaurants and veterinary clinics. The fraud allegations against Ng revolved around his transactions at Envy Asset Management and Envy Global Trading. Ng controlled and served as director of these two companies.</p>
<p>Of the more than S $ 1 billion ($ 747 million) poured into these two companies, about S $ 300 million ($ 224 million) was transferred to Ng&#8217;s private account, prosecutors alleged. About S $ 200 million ($ 150 million) disappeared without a trace.</p>
<p>To date, Ng&#8217;s customers have only received payments totaling S $ 700 million ($ 523 million). However, Ng owed investors S $ 1 billion (US $ 747 million) to investors.</p>
<p><strong>Deceive by short transaction</strong></p>
<p>According to the indictment, Ng raised money from investors to buy nickel from an Australian company called Poseidon Nickel Ltd. However, Ng has never made this transaction. Poseidon CEO Peter Harold asserted that the company has no relationship with Ng or related companies.</p>
<p>In addition, Ng also told investors that he signed multiple contracts with French bank BNP Paribas SA. However, these contracts do not exist at all. BNP does not have an account or transaction history with Ng, Envy Asset Management or Envy Global Trading.</p>
<p>Reply <em>Bloomberg</em>An investor of Ng said that he started investing with Ng in 2018. Since then, this investor has never withdraw money because he believes in Ng&#8217;s ability to generate profits.</p>
<p>Ng&#8217;s list of investors includes fund management company Envysion Wealth Management and Ms. Shim Wai Han &#8211; founder of Envysion. The indictment said Ng persuaded Envysion and Ms. Shim to invest $ 35.8 million in virtual nickel investment transactions. &#8220;Our goal now is only one, which is to get money back to investors and to ourselves,&#8221; Shim said.</p>
<p><img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_15_119_38535683/fecea2288c6a65343c7b.jpg" width="625" height="351"></p>
<p><em> Singapore is the center of financial transactions in Asia. Photo: AP. </em></p>
<p>Neither Ng&#8217;s Envy Asset nor Envy Global is licensed by the Monetary Authority of Singapore (MAS) because the law does not require that companies investing in physical assets have a license. After Ng&#8217;s scandal, MAS put Envy Asset on the warning list. Currently, Envy Asset is no longer active. Ng was removed from his position as chief executive officer of Envy Global last month for a fraud scandal.</p>
<p>Before Ng&#8217;s scandal, Singapore was shaken by the financial fraud of the oil business group Hin Leong Trading Ltd. last year.</p>
<p>However, expert Lawrence Loh &#8211; director of the Center for Management and Sustainability at the National University of Singapore Business School &#8211; said that Singapore government needs to ensure a balance between tightening financial regulations and controls. create favorable conditions to attract investors.</p>
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		<title>Why electric cars are &#8220;popular&#8221; with environmental activists in the world?</title>
		<link>https://en.spress.net/why-electric-cars-are-popular-with-environmental-activists-in-the-world/</link>
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		<dc:creator><![CDATA[Minh Quang]]></dc:creator>
		<pubDate>Thu, 15 Apr 2021 04:42:08 +0000</pubDate>
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					<description><![CDATA[Have you ever asked: Why are environmental activists advocating the development of electric vehicles, when the generation of electricity and waste panels can also cause pollution? The answer is obvious: electric cars help to significantly reduce greenhouse gas emissions, and battery recycling is on the way to becoming a billion-dollar industry. The number of car [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Have you ever asked: Why are environmental activists advocating the development of electric vehicles, when the generation of electricity and waste panels can also cause pollution? The answer is obvious: electric cars help to significantly reduce greenhouse gas emissions, and battery recycling is on the way to becoming a billion-dollar industry.</strong><br />
<span id="more-699"></span> </p>
<p><img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_15_314_38531638/5c373dd10c93e5cdbc82.jpg" width="625" height="391"></p>
<p><em>The number of car charging stations is increasing globally and also in Vietnam.</em></p>
<p><strong>The energy provided for electric vehicles is increasingly clean</strong></p>
<p>The REN21 Global Renewable Energy (GSR) Report of 2020 (Global Multilateral Renewable Energy Policy Network) shows that, over the past 5 years, the renewable energy sector has reached its speed. 3 times higher than electricity produced from nuclear and fossil fuels.</p>
<p>&#8220;<em>When the grid becomes &#8216;greener&#8217;, using electric vehicles will be more perfect ”</em>, Gordon Bauer &#8211; electric vehicle researcher at the International Council for Clean Transport in San Francisco (USA) said. According to expert Gordon Bauer, the current innovative grid model will help improve the environmental efficiency of electric vehicles around the world.</p>
<p>The evidence is a study by scientists at the Lawrence Berkeley National Laboratory in California (USA) that if all personal vehicles in the US are powered by electricity, each year, the country will lose 46%. greenhouse gas (0.5 gigatons CO2 equivalent) compared to conventional fossil fuel cars.</p>
<p>This is what environmental activists expect. Anne Laurent, president of the All-European Environmental Union, admits the members &#8220;have no doubts&#8221; about the positive impact this vehicle can have on the planet.</p>
<p>&#8220;<em>We do not expect a perfect solution. Therefore, we are delighted that electric vehicles deliver positive environmental indicators</em>&#8220;Ms. Laurent said in a report released at the end of 2020.</p>
<p>In Vietnam, green vehicles are also developing with the launch of private cars and VinFast electric buses. And look at &#8220;National energy development strategy to 2030, vision to 2045&#8221; &#8211; with the goal that the renewable energy in the total primary energy supply will reach 15 &#8211; 20% by 2030 and increase to 25-30% by 2045 we have the right to hope for a &#8220;green future, clean air&#8221; when clean cars are powered by clean electricity.</p>
<p><strong>Electric vehicle batteries are too expensive to be &#8230; garbage</strong></p>
<p>In addition to generating electricity, environmental activists have been concerned about the fate of electric vehicle battery blocks after they have run out of &#8220;trumps&#8221;. Elon Musk was the &#8220;victim&#8221; of this wave of protest. But in fact, electric car batteries can not be thrown away because &#8230; too expensive, even after the expiry date.</p>
<p>The reason is that the prices of cobalt, lithium, nickel and the metals used in lithium-ion batteries have skyrocketed as the electric car race intensifies between manufacturers across Asia to Europe and the US. Therefore, all electric car manufacturers are researching and announcing solutions to handle expired batteries with battery recycling technology.</p>
<p><em>“To meet electric vehicle battery demand in the next 10 years, the industry will need 1.5 million tons of lithium, 1.5 million tons of graphite, 1 million tons of nickel and 500,000 tons of manganese. Today, the world produces less than a third of that material ”</em>Sam Jaffe, CEO of Cairn ERA, an energy consulting firm in the US, told CNBC.</p>
<p>Some studies show that recycling can recover between 95 and 98 percent of the nickel, cobalt, copper, aluminum, and more than 80 percent of the battery&#8217;s lithium. Ms. Celina Mikolajczak, Vice President of Battery Technology and Technology at Panasonic Energy North America, said that the battery recycling industry will be a billion-dollar land with the development of electric vehicles.</p>
<p><em>&#8220;There are so many benefits to recycling and it would be really stupid if we didn&#8217;t take advantage of the old battery cells&#8217; ability to make the next generation.&#8221;</em>Ms. Celina Mikolajczak confirmed.</p>
<p>This excellent solution not only eliminates the worry of running out of production materials, but also removes electric vehicle batteries from the burden of the environment.</p>
<p>There are more than 50 companies around the world engaged in the recycling of lithium-ion batteries of varying sizes, most of them concentrated in China (more than 20 companies), followed by Korea (6 companies), followed by the EU, Japan, Canada and the US. Even global tech giant Amazon hasn&#8217;t overlooked this potential by investing $ 2 billion in Redwood Materials, a battery recycling startup founded by former Tesla chief JB Straubel. Redwood Materials is also responsible for recycling electric vehicle batteries for Tesla.</p>
<p>In addition to recycling batteries for reuse for electric vehicles themselves, a series of projects to utilize old batteries have been implemented recently by car manufacturers. Toyota has a project to connect old electric vehicle batteries with solar panels to power 7-Eleven stores in Japan; Nissan is using old batteries to power the small robots; Renault is working with its partners to introduce static energy storage systems made of old electric vehicle batteries &#8230; Other car manufacturers such as Audi, BMW, Lucid Motors or Proterra &#8230; are also incorporating reusable principles into their designs. the battery.</p>
<p><em>&#8220;We believe that the &#8216;second life&#8217; battery will become an independent business and cannot be disposed of as trash.&#8221;</em>, Weiland Bruch, BMW spokesman forecasts.</p>
<p>When the final concern was that electric vehicle batteries turned into environmental waste were completely eliminated &#8211; it&#8217;s easy to understand why green cars are supported by environmental activists around the world. And that will also be the green future that we need to move towards to escape the country&#8217;s &#8220;scandal&#8221; of the &#8220;two-wheeled gas factories&#8221; that international indicators set for Vietnam.</p>
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