The Elements of Innovation Discovered
The Elements of Innovation Discovered
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DOD and NRCan invest in advancing Fireweed Metals' Mactung mine project, supporting North America's critical mineral needs. In a strategic bid to establish secure and reliable North American supplies of minerals critical to defense and the broader economy, the U.S. Department of Defense and Canadian government are jointly investing up to US$27.3 million (C$35.4 million) to aid Fireweed Metals Corp. in advancing the Mactung tungsten mine project in eastern Yukon toward a final...
American Battery Technology Company is working with industry partners to develop EV and battery workforce. Public and private industry partners from every sector of the electric vehicle supply chain have been selected to establish a real-world training environment to foster the next generation of battery and EV personnel in a new U.S. energy manufacturing workforce. At the top of their industry representing battery recycling is American Battery Technology Company (ABTC),...
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New partnership to advance copper recycling for energy transition needs. As the need for reliable sources of critical materials continues to grow, Cyclic Materials Inc. has secured a multi-year agreement with global mining leader Glencore to supply recycled copper, bolstering efforts to strengthen circularity and support the growing demand for sustainable, domestically sourced materials essential to the energy transition. Rapidly positioning itself as a leader in advanced...
DOD invests $2.5 million from the 2024 Defense Appropriations Act for research and development. Talon Metals Corp. is being awarded a $2.47 million research and development contract from the Department of Defense's Defense Logistics Agency (DLA) through its wholly owned subsidiary Talon Nickel (USA) LLC, to support new approaches for extracting nickel, cobalt, and iron from domestic sulfide ores and tailings. DLA will provide the funding over a 15-month period for Talon to...
World's largest deposit could rewrite geological history and lock the country in as industry leader. As global demand for iron continues to rise, geologists in Australia have uncovered the largest iron ore deposit ever documented in the Hamersley province of Western Australia, challenging long-held theories about Earth's mineral formation. The region is already home to some of the richest established iron ore reserves on Earth, with the scale and value of this discovery...
Teams up with CATL to build $4.3 billion large-scale lithium iron phosphate battery plant. Automaker Stellantis, producer of leading automotive brands including Chrysler, Dodge, FIAT, Jeep, and others, plans to build a $4.3 billion (4.1 billion euro) lithium iron phosphate (LFP) battery plant in northeastern Spain with Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL). The two industry leaders have a long-term collaboration via a non-binding memorandum...
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...
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...
Claroty report reveals vulnerabilities in mining sector's digital defenses. Cybersecurity experts at Claroty warn that the mining and materials sector has become a frequent target of increasingly sophisticated cyber threats, with nearly half of attacks in 2024 exploiting vulnerabilities when external vendors or service providers access critical operational systems. The growing digital danger for mining companies is a byproduct of the shift into a digital era that has brought...
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...
