The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Two companies are in close competition to be the first to officially break ground on commercially productive lithium mines in Ontario, Canada – one local and the other Australian – and that's only a taste of Ontario's promise in the North American lithium rush. Green Technology Metals is a lithium exploration company based in Perth with 100%-owned high-grade spodumene assets in Ontario. The company is prepping for its multi-stage C$1.8 billion Seymour project to start out...
Still overshadowed by lithium but no less significant, cobalt falls within a unique category as a critical mineral not only for its properties but also for its controversial supply. As a fundamental component necessary for nickel-cobalt-manganese (NMC) lithium-ion batteries, cobalt warranted its place as a critical mineral vital to the zero-carbon transition due to the necessity of those batteries to power a clean, emission-free future. Its critical uses, however, go far...
MOU with Metso lays groundwork for the processing tech to produce lithium hydroxide for EV batteries at a planned plant in Thunder Bay, Ont. In a major step toward its goal of becoming the first vertically integrated lithium producer in Ontario, Avalon Advanced Materials Inc. has signed a preliminary agreement with Finland-based Metso Corp. for the development of a processing plant on the north shores of Lake Superior that would upgrade lithium concentrates from Avalon's...
With the recent signing of a rare earth offtake and profit-sharing agreement with Norway-based REEtec, Australia-based Vital Metals Ltd. said it is targeting the production of rare earths from its Nechalacho project in Northwest Territories before the end of this year. "The signing of this agreement will enable REEtec and Vital to work together to supply separated rare earth oxides, which are competitive to products produced anywhere else in the world into the electric...
Setting up in one of North America's fastest-growing lithium-ion battery development zones, Volkswagen Group has foreseen the potential and has opted to build its next gigafactory outside of Europe in the city of St. Thomas, Ontario. The St. Thomas factory is a joint venture between VW and PowerCo SE, a new independent company created by the automaker to oversee its massive $20 billion battery initiatives. With two other gigafactories currently in development, this latest...
Adding to the rapidly expanding network of companies building a robust lithium battery materials supply in Ontario, Canada-based Avalon Advanced Materials Inc. and India-based Essar Group Company have forged a partnership to develop a mine and processing plant that will produce lithium that will be needed by electric vehicle and battery manufacturers in Ontario and beyond. Under the agreement, the two companies would co-own Avalon Lithium Inc., a private Avalon subsidiary that...
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...
From flashlights to supercomputers, tin is the glue for an electronic age Lost in the clamor for lithium, nickel and other metals needed for the batteries powering electric vehicles and modern electronics, or the rare earth elements that turn stored energy into motion, is the enormous need for a much more modest metal that is so fundamental to the advancement of technology that it almost goes unseen – tin. While other technology metals are critical to certain products and s...
Taking another step toward contributing lithium to a battery metals hub in Ontario, Avalon Advanced Materials Inc. has entered into a letter of intent with Fort William First Nation to collaborate on the development of a lithium battery materials refinery located on industrial lands in Thunder Bay, Ontario. To be built on Fort William First Nation lands, this facility would be designed to upgrade concentrates from Avalon's Separation Rapids lithium project about 280 miles...
Avalon Advanced Materials Inc. and Rock Tech Lithium Inc. have agreed to work together to advance the development of a lithium battery materials processing facility in Thunder Bay, Ontario. The two lithium collaborators believe such a facility could help catapult the Ontario city on the north shores of Lake Superior to a global hub for technology metals and the industries that need them. "Northern Ontario has the potential to become a major producer of lithium-ion battery...
As security concerns mount over the nearly total reliance of the United States on foreign sources of rare earth elements, mostly from China, researchers in public and private laboratories across the country are aggressively searching for ways to spur domestic production of these critical minerals in the face of rapidly growing global demand. Rare earths, which in reality are plentiful in natural settings, can be found most everywhere. But the prohibitive financial and environm...
Det'on Cho Nahanni Construction Corp., owned by the Yellowknives Dene First Nation, has signed a landmark agreement to run the mining operations at Nechalacho, on pace to be the first rare earth element (REE) mine in Canada. A memorandum of understanding that lays out the parameters of the mining contract was signed by Det'on Cho Nahanni Construction and Cheetah Resources Pty Ltd., an Australia-based company that is advancing the Nechalacho REE mine project in Northwest...
Rare earth elements in Canada have recaptured the spotlight now that the United States has entered a new alliance with its northern neighbor to develop robust supply chains for critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defense, and clean technology. A final agreement between the two countries, reported in December, delivers on a commitment made by their leaders in June to advance joint initiatives to...
A 12-kilogram (26.5 pounds) sample of rare earth carbonate from Vital Metals Ltd.'s Nechalacho project in Canada's Northwest Territories takes the Australian mining company one step closer to its goal of commercially producing REEs this year. "Production of our bulk sample for REEtec is another important step towards reaching full production at Nechalacho," said Vital Metals Managing Director Geoff Atkins. Produced from a bulk sampling program at Nechalacho, this first bag of...
