The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Global investors and mining companies alike are excited about company's tech for mineral exploration on Earth and in space. There are certain moments when a step-change technology is perfectly timed to fill a need that is urgent and growing. Australia-based Fleet Space Technologies' satellite-enabled and AI-enhanced ExoSphere platform for discovering minerals critical to the energy transition is one of those technologies. "As we continue to strive for a net-zero future, the...
Mozambique unrest forces Australian company to declare force majeure at graphite mine backed by the U.S. government. The Biden administration's bet on friendshoring graphite for electric vehicle batteries from a mine in Africa suffered a major blow with Syrah Resources Ltd.'s Dec. 12 declaration of force majeure for its Balama graphite mine in Mozambique and a notice that it will default on more than $250 million in loans from United States government agencies. The...
Perpetua and United States Antimony take first step into connecting links in Idaho and Montana. United States Antimony Corp. and Perpetua Resources Corp., companies at the vanguard of breaking America's heavy reliance on imports for antimony, are investigating the potential of integrating their expertise to establish an antimony supply chain in Idaho and Montana. Antimony has long been on the list of minerals deemed critical to the U.S. and is of high strategic importance to...
Buyout of OEM-agnostic autonomous mining tech provider is expected to expand the scope of Sandvik's AutoMine platform. To expand upon the capabilities and compatibility of its already world-leading AutoMine mining automation platform, Sandvik has acquired Universal Field Robots (UFR), a fast-growing Australia-based provider of autonomous interoperable solutions for the surface mining and underground mining markets. In recent years, Sandvik has significantly grown its...
The cutoff of gallium and germanium could send America's GDP plummeting by $3.4 billion; antimony a top concern for the Pentagon. In a move that could deal a multibillion-dollar blow to the American economy and impact the nation's military readiness, China has completely banned the exports of gallium, germanium, antimony, and superhard materials to the United States. Gallium and germanium are essential ingredients for semiconductors used to make computer chips; and antimony...
Innovative mining company explores potential of recovering tech metal from aluminum plant in Quebec; province backs endeavor. In a move that could help fill the gap in supply left by China's ban on exports of gallium to the United States, Rio Tinto is investigating the potential of recovering this high-tech metal needed for computer chip manufacturing from its aluminum operations in Quebec. ''This new research and development project is destined to help strengthen the North Am...
Intuitive online tool offers investors and policymakers powerful insights into global mineral reserves. A new online mineral reserve analytics tool launched by the Payne Institute for Public Policy (Payne) at the Colorado School of Mines (Mines) offers a surprisingly in-depth look into the current and future supplies of minerals and metals when you consider how intuitive the dashboard is to use and the ease of grasping the data presented with graphs and other visuals. The...
UK scientists create a diamond battery for medical and space applications that lasts thousands of years without needing a charge. From delivering micropower to pacemakers that never miss a beat to space probes that explore our solar system and beyond, a diamond-based battery created by scientists and engineers from the University of Bristol and the UK Atomic Energy Authority (UKAEA) offers a new way to power devices where long-term reliability is essential, and charging is imp...
Global automobile, battery material, and supercapacitor manufacturers are exploring commercial uses for Kansas-made graphene. A flurry of partnerships and purchase orders announced last week by HydroGraph Clean Power Inc. demonstrates graphene's growing commercial applications in the automotive and green energy sectors, as well as the Kansas-based company's rising popularity as a supplier of this wonder material. Made from a single layer of carbon atoms arranged in a...
Rice researchers develop a highly efficient thermal emitter key to thermophotovoltaic systems that convert heat to electricity. Scientists at Rice University have delved into the realm of quantum physics to develop a highly efficient thermal emitter that provides macro-world solutions for capturing and storing clean energy. Built on a platform made of tungsten, the thermal emitter developed by the Rice research team is a key component of thermophotovoltaic (TPV) systems,...
VerAI's mineral discovery tech identifies larger rare earths, gallium potential across US Critical Materials' Sheep Creek project in Montana. The AI-powered mineral exploration technology developed by VerAI Discoveries Inc. has identified the potential for large bodies of high-grade rare earths, gallium, and a suite of other critical minerals ready to be discovered with drilling at US Critical Materials Corp.'s Sheep Creek project in southwestern Montana. Sampling on the...
Congressman Ciscomani's bill to include copper and other energy materials on critical minerals list receives strong bipartisan support, Copper is so essential to wiring the energy transition that the World Bank estimates global mining operations will need to produce as much of this ubiquitous metal over the next 25 years as has been mined over the 5,000 years since the dawn of the Bronze Age. Despite the economic and geopolitical implications of a world demanding 1.1 trillion...
Receives 10-year federal permit to expand upon deposits within the famed Idaho Cobalt Belt. With a federal 10-year exploration permit in its pocket, Electra Battery Materials Corp. has the flexibility and time to thoroughly evaluate its Idaho Cobalt Belt properties, which host some of the only potential primary sources of cobalt outside the Democratic Republic of Congo. So far, Electra has outlined 4.5 million metric tons of indicated resource averaging 0.19% (18.4 million pou...
Caterpillar debuts aggregate sector-sized autonomous haul trucks at Luck Stone Quarry in Virginia. "Blue lights are on! One of my favorite phrases signaling another customer site is using Caterpillar Inc.'s autonomous solution," Caterpillar Resource Industries Group President Denise Johnson penned in a LinkedIn post celebrating the debut of its newest class of Cat automated mining trucks at Luck Stone Corp.'s Bull Run aggregate plant in Virginia. The flashing blue lights sets...
A 240-metric-ton Early Learner Cat 793 XE delivered to Colorado gold mine – batteries included ... some assembly required. Marking a major milestone along the path to achieving the net-zero-carbon-emissions targets set by Newmont Corp. and the wider mining sector, the world's largest gold mining company has received its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Colorado. "As we look toward the future, our focus remains on creating...
Pentagon-backed testing to demonstrate company's rare earths separation tech outperforms its antiquated predecessor. With the backing of the U.S. Department of Defense and the Canadian government, Ucore Rare Metals Inc. is making headway toward establishing a North American plant that will deliver a secure supply of the rare earth elements essential to a wide array of household goods, high-tech devices, military hardware, and clean energy technologies. Developing a technology...
Partners with Value.Space to use satellites to assess the risks of mine tailings storage facilities. To help safeguard people, environment, and mineral supply chains critical to the clean energy transition, the United Nations Economic Commission for Europe (UNECE) is collaborating with Value.Space to deploy satellite-based monitoring and risk profiling to strengthen the United Nations' mining safety initiatives. The primary objective of this partnership is to lower the risk...
USGS estimates that the U.S. economy would take a $2.4 billion hit if China banned exports of gallium and germanium. From household appliances to high-end electronics, gallium and germanium are essential elements to a wide array of products manufactured in the United States. American manufacturers, however, must rely heavily on imports from China for both of these critical minerals. A cutoff of this supply could send America's gross domestic product (GDP) plummeting by $3.4...
Joins forces with GravitHy in to produce an ultra-low-carbon iron product for steelmaking. Continuing its global leadership in decarbonizing steelmaking, Rio Tinto is helping to accelerate GravithHy's project aimed at slashing ironmaking-related carbon dioxide emissions by more than 90%. From the humblest of paper clips to the tallest skyscrapers, steel forms the framework for modern living. The process of transforming raw iron ore into steel, however, is responsible for...
German scientists demonstrate that precious gems can encapsulate entangled qubits, the quantum version of bits in classic computers. Considering that quantum computers have the potential to solve complex problems in a matter of seconds that would take today's most advanced supercomputers decades to answer, scientists around the world are racing to overcome the challenges associated with developing a quantum computer that is efficient, reliable, and compatible with existing...
CMAG is on a mission to foster relationships the will unlock Africa's vast critical mineral potential. Sub-Saharan Africa is estimated to host nearly one-third of the world's proven critical minerals reserves but has struggled to have its voice heard when it comes to global critical minerals policy and supply chains. The newly launched Critical Minerals Africa Group (CMAG) aims to provide African policymakers, business leaders, and citizens a seat at the table when it comes...
Fleet Space adds gravity surveys to ExoSphere, providing mining clients with an even more powerful mineral exploration solution. The satellite-enabled and AI-enhanced ExoSphere mineral exploration solution has already attracted the attention of Rio Tinto, Barrick Gold, and other global mining companies that are using this subsurface imaging technology to discover buried deposits of cobalt, copper, lithium, nickel, and other critical metals. Fleet Space Technologies, the...
Norway House Cree Nation acquisition of Minago brings ESG advantages to near-development nickel-PGM project. In a deal that could result in an Indigenous-owned mine delivering energy transition metals into North America's supply chains, the Norway House Cree Nation has acquired the Minago nickel-platinum group metals (PGM) project in Manitoba from Flying Nickel Corp. for nearly C$9 million ($6.5 million). "By taking full control with 100% ownership and management, we can...
Joins a growing number of mining companies leveraging Fleet Space's satellite-enabled and AI-powered mineral exploration technology. Toward its longstanding commitment to finding a better way to provide the minerals and metals the world needs, Rio Tinto is leveraging Fleet Space Technologies' satellite-enabled ExoSphere mineral exploration solution to gain greater insights into what lies below the surface at its Rincon lithium mine project in Argentina. "Rio Tinto and Fleet...
Granite Creek assembles the catalyst-rich projects, scientific expertise to become a first mover in the geological hydrogen space. A belt of rocks spanning the Southeast Alaska Panhandle hosts at least a dozen prospects and deposits enriched with nickel, copper, and platinum group metals (PGM) needed for the energy transition. Could these projects also host hidden stores of geological hydrogen that could offer a clean-burning fuel for the 21st century? Granite Creek Copper...
