The Elements of Innovation Discovered
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Ucore Rare Metals Inc. wants to provide the Pentagon with an American source of rare earth elements, vital ingredients to a wide array of U.S. military hardware, from helmet mounted radios to laser guided missiles. While essential to national defense, the U.S. currently depends on foreign countries for 100 percent of its supply of rare earths. And more than 80 percent of these critical metals are imported from China, either directly or via secondary countries. As part of a...
Reminiscent of Jules Verne's 20,000 Leagues Under the Sea, a small submersible scours the inky depths of the ocean, not in search of seams of coal, but towering spires created by thermal vents. The remotely operated sub's lights splash across the cluster of vents that spew mineral rich plumes of super-heated water from deep in the earth into the chill of the ocean depths. The ROV moves into position, its clawed arm reaching out and breaking off a sample of mineral rich rock...
Glencore Plc Jan. 10 announced that it has signed an agreement to provide Samsung SDI with a five-year supply of cobalt hydroxide, a key ingredient in the lithium-ion batteries used in electric vehicles, smartphones, computers and other electronic devises. Under the terms of this supply contract, Glencore will provide up to 21,000 metric tons of cobalt contained in cobalt hydroxide between 2020 and 2024. The cobalt will be sourced from Glencore's industrial mining operations...
Growing demand for electric vehicles has prompted the BMW Group to accelerate the expansion of production capacity and staff at its Competence Centre for E-Drive Production in Dingolfing, Germany. "We are embarking on a massive expansion of our Competence Centre for E-Drive Production in Dingolfing – from 8,000 square meters currently to 80,000 in the future. This is where we produce powertrain components for our fully and partially electric models," said BMW Group Head of P...
American mines produced roughly 26,000 tons of rare earth during 2019, a 44 percent increase over 2018, yet the United States is 100 percent reliant on foreign countries for its supply of these 17 elements vital to our modern high-tech society. This apparent paradox speaks to the complexities of these enigmatic metals. The irony of rare earth elements (REEs) begins with their name, which is at the same time a misnomer and accurate descriptor. "All the REEs except promethium...