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November 8, 2024
PI Global Investments
Precious Metals

Precious metals from destructive volcano could be island’s salvation


Thirty years ago on the small Carib­bean island of Montserrat a volcano started erupting — and kept doing so for 15 years. The capital city, Plymouth, was buried, half the island became uninhabitable, and much of the population were evacuated.

More than a decade later the eruption largely stopped, and scientists from Oxford University think the destructive volcano, and the metals dissolved in superheated brine beneath it, could prove to be the island’s salvation.

If they are right, their work could also help the rest of us, as the world seeks the materials and energy to power a clean economy.

Jonathan Blundy and his colleagues are exploring ways of extracting the metals when in solution

Jonathan Blundy and his colleagues are exploring ways of extracting the metals when in solution

Montserrat runs its electricity grid on imported diesel. As an island sitting above a volcano, this seems odd, said Jonathan Blundy, of the Oxford Martin



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