- USGS reports that tellurium’s primary use is for manufacturing films essential to photovoltaic solar cells
- Most tellurium is indirectly mined because it is a byproduct of milled copper, iron and other base-metal-rich ore bodies
- First Tellurium is exploring, developing tellurium projects, confident that demand for tellurium will increase
Calling tellurium “the bright future of solar energy,” the U.S. Geological Survey (“USGS”) has prepared a report about the rare metal as part of its mission to conduct research and provide information about nonfuel mineral resources (https://ibn.fm/TdWoi). As a company committed to exploring and providing green and critical metals, First Tellurium (CSE: FTEL) (OTCQB: FSTTF) is strengthening its position in that bright future.
One of the least common elements on earth, tellurium is primarily used “for manufacturing films essential to photovoltaic solar cells,” reports the USGS. “When alloyed with other elements — such as cadmium — tellurium forms a compound that exhibits enhanced electrical conductivity. Therefore, a thin film can efficiently absorb sunlight and convert it into electricity. As an additive to steel, copper, and lead alloys, tellurium improves machine efficiency, specifically in thermoelectric cooling applications where it improves ductility and tensile strength, and helps prevent sulfuric acid corrosion. Together, the photovoltaic and thermoelectric applications account for more than two-thirds of global tellurium consumption.”
The report also noted that tellurium is used in copying machines, as a coloring agent in ceramics and glass, and as a vulcanizing agent in the chemical industry to make durable products, including an additive that improves rubber’s heat resistance.
Most tellurium used today is indirectly mined, the USGS article noted, because it is recovered as a byproduct of milled copper, iron and other base-metal-rich ore bodies containing trace amounts of tellurium-bearing minerals. “Globally, primary tellurium sources are large-tonnage, low-grade ores from copper and copper-gold porphyry-type deposits, as a byproduct of copper refining,” stated the report, which also explained that tellurium is concentrated in discreet telluride minerals and the structures of sulfide minerals in most gold deposits.
First Tellurium is exploring and developing tellurium projects in British Columbia and Colorado, confident that as the world focuses on developing green technologies, the demand for tellurium will only increase. “We’ve built a bold new approach to mineral exploration,” the company states (https://ibn.fm/XzUbw). “Our model is to generate revenue and investor value through mineral discovery, project development and cooperative access to untapped mineral regions with sustainable exploration and strong, mutually beneficial engagement with Indigenous communities.”
First Tellurium’s polymetallic (tellurium, gold, silver, copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers.
For more information, visit the company’s website at www.FirstTellurium.com.
NOTE TO INVESTORS: The latest news and updates relating to FSTTF are available in the company’s newsroom at https://ibn.fm/FSTTF
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