The Elements of Innovation Discovered
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With the global transition to electric vehicles charged with renewable energy creating massive new demands for rare earth materials and magnets, copper, and electrical steel, General Motors and GE Renewable Energy are working together to evaluate opportunities to improve supplies of the materials critical to a low-carbon future. "A secure, sustainable and resilient local supply chain for electric vehicle materials is critical to the execution of GM's vision of an all-electric...
The European Raw Materials Alliance released its action plan to secure access to rare earth elements for the industrial sector in the European Union. Detailed in a 38-page report published on Sept. 30, the plan outlines current and projected European demand for REEs and steps that should be taken to secure their supply. "The EU has committed to the goal of becoming climate neutral by 2050. The raw materials needs to facilitate this energy transition are massive, and Europe...