The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Perpetua receives two DOD grants to study military-grade antimony from Stibnite, ID Geopolitical tensions with China and Russia's war with Ukraine has the Pentagon concerned about securing domestic supplies of antimony, a metal-like element that is critical to military hardware and emerging renewable energy storage technologies. To investigate the potential of securing this supply from an Idaho antimony mine that was attributed to saving 1 million American soldiers during...
Summit spotlights Saskatoon as an emerging rare earths hub in North America Saskatoon, a small city in the heart of the Canadian province of Saskatchewan, is emerging as the master link in a North American rare earth supply chain with connections in Canada, Australia, Europe, and the United States. This city of just over 300,000 people on the Canadian Prairies is not gaining notoriety as a major North American rare earth hub due to rich deposits of this suite of 15 enigmatic...
Proposed merger with GXII would provide Nasdaq listing, access to cash for Elk Creek. To fund the development of a mine at its Elk Creek project in Nebraska that produces niobium, rare earths, and other metals critical to American industry, NioCorp Developments Ltd. is merging with GX Acquisition Corp. II, a blank check corporation with nearly US$300 million in the bank and a Nasdaq stock exchange listing that will make access to additional capital possible. In fact, NioCorp...
Enormous 140-metric-ton autonomous Cat trucks loaded with lithium-boron ore will be driving themselves around on the very first day of operations at ioneer Ltd.'s Rhyolite Ridge project in Nevada. Slated to begin operations in 2024, the Rhyolite Ridge Mine is expected to produce an average of 20,600 metric tons of lithium carbonate and 174,400 metric tons of boric acid annually for 26 years. Electric vehicle batteries are driving unprecedented demand for the lithium to be...
RapidSX team on pace to begin commissioning REE separation plant this year Despite snarled supply chains, Ucore Rare Metals Inc. says it remains on track to begin commissioning a plant in Canada that will demonstrate the commercial viability of its RapidSX separation technology to automakers and others that are seeking an efficient and sustainable means of producing the rare earths needed for electric vehicles, renewable energy, high-tech devices, and household goods. A suite...
Sheep Creek rare earths project in Montana hosts 13 US critical metals With the transition to electric vehicles charged with low-carbon energy shining a spotlight on America's need for secure and reliable supplies of critical minerals, the Sheep Creek project in southwestern Montana has emerged as a potential high-grade domestic source of nine rare earths and four other metals that have been deemed critical to the United States. High-grade rare earths were found at Sheep...
Lux Partners will tokenize Madison uranium to create first uranium NFT. Is digitizing and selling mineral resources still in the ground the future of financing mineral exploration and mining projects? Madison Metals Inc. believes it could be and has signed a historic agreement to contribute up to 20 million pounds of uranium from resources at its projects in Namibia to support the first-ever uranium-backed NFTs. NFTs, or non-fungible tokens, are unique digital assets that are...
When Ontario unveiled its critical minerals strategy earlier this year, the idea was to leverage the rich mineral endowment in the northern reaches of the province and the established manufacturing in the south to attract investment from some of the biggest names along the electric vehicle supply chain. With LG Energy Solution, one of the world's largest lithium-ion battery companies, inking two deals to source battery-grade cobalt and lithium from the province, it seems that...
USGS, NASA use hyperspectral imaging to seek critical minerals in Southwest US. To gain a broader view of potential domestic sources of the minerals needed for everything from electronic devices and household tools to electric vehicles and wind turbines, the U.S. Geological Survey has teamed up with NASA to use airborne hyperspectral imaging to scan portions of the American Southwest for critical minerals. "NASA has a long history of Earth observation that shows us how the pla...
Adding to the rapidly expanding line of mineral exploration and mining products, technologies, and services, Epiroc has cut a deal to acquire Geoscan Pty Ltd, an Australian company that provides digital mineralogical analysis and core logging solutions. Logging the cylindrical core of rock brought to the surface by drilling into the earth provides geologist with a layer-by-layer view of the rocks that lay beneath their feet and sampling that core provides a detailed analysis o...
Tellurium, a rare byproduct of mining copper and gold, may be the secret ingredient to longer-lasting lithium batteries that allow electric vehicles to travel more than twice as far on a single charge. With the support of industrial partner Fenix Advanced Materials, researchers at the University of British Columbia Okanagan are developing solid-state lithium-tellurium batteries that could deliver such advantages to EVs. Earlier this year, a UBC Okanagan research team...
Looking beyond the carbon dioxide emitted from tailpipes, Toyota Motor Corp. is investigating hydrogen as a cleaner and tastier fuel for the stoves and ovens that cook the food for millions of households around the globe. Teaming up with Rinnai, a Japanese manufacturer of gas appliances, Toyota plans to demonstrate the potential advantages of hydrogen-fueled cooking and home heating in Woven City – a living laboratory that Toyota's human-centered mobility and technology subsid...
Australian tech company brings satellite printing in-house Fleet Space Technologies has taken another large step on its path to leveraging the unique abilities of metal 3D printers to manufacture a constellation of 288 low-Earth-orbit satellites that can deliver secure planet-wide coverage for millions of industrial internet of things devices. This new phase for the Australian satellite technologies company is the installation of a new 3D Systems DMP Flex 350 metal 3D...
To speed the discovery of nickel needed in enormous quantities for the lithium-ion batteries powering the electric vehicle revolution, Talon Metals Corp. is piloting Fleet Space Technologies' ExoSphere satellite-enabled geophysics system. Fleet's ExoSphere system utilizes a combination of lightweight earthbound geophones, edge computing, and a constellation of low-earth-orbit nanosatellites to quickly and efficiently scan the Earth for potential mineral deposits buried...
Autonomous Cat mining trucks surpass 5 billion metric ton mark Accelerating at an accelerating rate, Caterpillar Inc.'s mighty mining trucks have now autonomously hauled 5 billion metric tons of material at mines around the globe. This self-driving milestone comes just nine months after the "Yellow Iron" manufacturer reported that its trucks equipped with Cat MineStar Command for hauling surpassed the 4-billion-metric-ton mark. Currently, more than 550 mining trucks are...
Rio Tino to supply low-carbon metals, Volvo offers low-emissions trucks Global mining giant Rio Tinto and European automaker Volvo Group have agreed to forge a partnership that will help both companies achieve their climate ambitions. "We look forward to partnering with Volvo to progress our contribution to a net-zero future, as we collaborate to deliver sustainable outcomes from the mine to the showroom floor," said Rio Tinto Chief Executive Jakob Stausholm. Under a...
Lack of domestic critical mineral supplies weakens US clean energy ambitions The White House and lawmakers on Capitol Hill are becoming increasingly aware that a lack of secure supplies of critical minerals and metals may be the kryptonite that weakens America's economy, national security, and clean energy ambitions. "The more we dive into this topic of critical minerals, the more I'm certain Superman isn't the only one who can be brought to his knees by rare minerals,"...
Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...
Tesla and other automakers clamor for nickel suppliers with low CO2 footprint Tesla CEO Elon Musk's 2020 appeal to "please mine more nickel" served as a rallying cry for mining companies with projects positioned to deliver this critical battery metal into global markets. Going into 2022, however, the electric vehicle trailblazer's words were echoing in nearly empty warehouses as the lithium-ion batteries that power EVs are demanding more nickel than global miners can supply....
General Motors, Stellantis, and Tesla moving further up battery supply chain With the batteries powering the electric vehicle revolution demanding more lithium than miners can produce, the price of this lightest metal in the universe rocketed more than 1,000% over the span of two years. This has prompted automakers such as Tesla and General Motors to become more directly involved in the mining and refining of the lithium-ion battery namesake. "Price of lithium has gone to...
Develops strategy to be the world's critical minerals supplier of choice Understanding that the renewable energy and electric vehicle revolution offers a "generational opportunity for Canada and its world-class mining sector," Ottawa is leveraging the nation's wealth of critical minerals to become a powerhouse that feeds raw materials into resource-hungry clean energy and technology supply chains. "Canada's Critical Minerals Strategy will position Canada as the global supplier...
FTP Solutions and Rajant team up to deliver reliable autonomous mine network solution Rajant Corp., a global leader in industrial-grade broadband communications technology, has teamed up with FTP Solutions, a provider of market-leading wireless network monitoring systems, to deliver the extremely reliable and robust communications networks required for efficient and effective autonomous mining operations. Rajant's patented Kinetic Mesh technology offers mine sites with the...
Coming together to build North America's clean energy and e-mobility future The shift away from the fossil fuels that powered the Industrial Revolution and transported humankind through the 20th century, and toward the clean energy technologies that will propel us into the future, has the world at an inflection point – the decisions we make on how to supply, use, and recycle the minerals and metals that are the basic building blocks of the Renewable Energy Revolution will s...
Electric Vehicles require six times the minerals than their fossil fuel forebearers With even the most basic models boasting sophisticated driver-assist, navigation, infotainment, diagnostics, and other advanced digital systems being fed power from oversized versions of the lithium-ion batteries found in your laptop or smartphone, electric vehicles are becoming personal computers that you can drive. While this puts a whole new spin on the term mobile computing, riding around i...
Supply, demand, and risks to the US supply chain define criticality Metaphorically speaking, critical minerals are not set in stone. Instead, the criticality of these basic building blocks of modern society shifts with the demands for any given mineral, the ability of the mining sector to keep pace with that demand, and the geopolitics of where that supply comes from. "Mineral criticality is not static, but changes over time," said Steven Fortier, director of the National...
