The Elements of Innovation Discovered
The Elements of Innovation Discovered
Sorted by date Results 26 - 50 of 122
In-Q-Tel, GM, and TechMet support Series B financing for lithium battery cathode materials tech company. In-Q-Tel, a strategic investor that connects the intelligence community for the United States and its allies to technological solutions, has joined General Motors, TechMet Mercuria, and others in supporting Mitra Chem's $60 million Series B round of financing to advance a battery materials platform that will curb the United States' reliance on other nations for its...
In the next move toward zero-emissions solutions beyond battery-electric vehicles, General Motors and Honda Motor Co. announced their switch to a co-developed system producing hydrogen fuel cells commercially. Both manufacturers announced their intention to shift away from diesel and focus on hydrogen fuel cell electric vehicles (FCEVs), marking this as the first time they have been produced at scale. Honda and GM engineers focused on lowering costs by advancing the cell...
EV executives and dignitaries from the Salton Sea to the White House joined CTR to break ground on the Lithium Valley Campus in SoCal. In a landmark event that marks the start of a clean supply of lithium to support America's clean energy transition, industry executives and political dignitaries joined Controlled Thermal Resources on the groundbreaking of the Lithium Valley Campus at its Hell's Kitchen geothermal lithium project in the Salton Sea region of Southern...
On the same day that China bans exports of REE processing tech; Ucore, RER hit milestones on cleaner and more efficient methods. In a move to hold onto its dominant position as the world's supplier of rare earths, China is now banning the exports of technologies for the processing and separation of this tightly bonded group of 15 elements needed for green energy, high-tech devices, and countless industrial and household goods. While China maintains a strong position in the...
GM-backed tech, battery materials company ships initial iron-based cathode samples to global EV and battery makers. One month after closing a $60 million Series B round of financing led by General Motors, Mitra Chem has already shipped multiple samples of commercial-grade lithium-manganese-iron-phosphate (LMFP) cathode active material to major global electric vehicle manufacturers and battery makers. Led by Vivas Kumar, an engineer who previously served as a senior manager on...
Revolutionizing heavy-duty commercial equipment, General Motors and Komatsu have joined forces in a groundbreaking collaboration, aiming to power mining haul trucks with hydrogen fuel cells, driving cleaner operations and moving toward the ambitious goal of zero-carbon emissions. Lightweight and quick to refuel, hydrogen fuel cells are hailed as the ideal solution to electrifying applications traditionally powered by diesel engines. Powered by the universe's most abundant mate...
The Salton Sea geothermal reservoir in Southern California could produce up to 3.4 million metric tons of lithium, which is plenty to make batteries for enough electric vehicles to replace all cars currently on U.S. highways, according to a comprehensive analysis carried out by the U.S. Department of Energy. The analysis, funded by the Geothermal Technologies Office and conducted by DOE's Lawrence Berkeley National Laboratory, confirms the region's significant potential to...
Reinterpretation of FEOC widens pool of potential critical mineral sources eligible for federal tax credits, funds. The Biden administration needs help understanding the meaning of "foreign entity of concern" (FEOC) as this term relates to investing billions of taxpayer dollars into bolstering the supply chains for materials critical to electric vehicles and renewable energy. The Bipartisan Infrastructure Law and Inflation Reduction Act allotted billions of dollars for...
DOE finishes NEPA review needed to build demo plant that will process a high-grade rare earth sample from the Bear Lodge project north of Upton, Wyoming. Clearing another hurdle on its path to offering a reliable domestic alternative to China for the rare earths needed to propel the clean energy transition, Rare Element Resources Ltd. Nov. 16 announced that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has finalized its National Environmental...
A growing imbalance in the supply and demand for rare earths is creating a challenge for the companies that produce this suite of technology elements and an opportunity for the scientists seeking ways to leverage their unique properties in new and intriguing ways. While it is true that the global transition to zero-carbon energy and transportation is creating new rare earths demand that threatens to outstrip the global supply, the real disparity has more to do with which of...
Metal 3D printing pioneer's Series C funding attracted major automakers and tech giants, including Honda and Nvidia, which led the financing. Featured in some of the most influential publications, winner of several prestigious awards, and holder of nearly 300 patents, additive manufacturing visionary Seurat Technologies Inc. has raised US$99 million in its Series C funding led by tech giant Nvidia. Getting its start with a metal 3D printing technology designed to aid fusion en...
Commences domestic supply of critical battery materials at new Nevada facility in less than a year. Working tirelessly and expeditiously toward commercialization, American Battery Technology Company excitedly announced the operational start-up of its commercial-scale lithium-ion battery recycling facility in Nevada, implementing its first-of-a-kind lithium-ion battery recycling technologies at industrial scale. "We are excited to have achieved this major milestone and to now...
The growing list of critical minerals and conflict elements like cobalt are drawing intense focus and demand for alternative sources. Investors and consumers are increasingly focused on the environmental, social and governance (ESG) credentials, provenance, and indirect emissions of these supply chains. If done right, prioritizing urban mining – specifically moving recycled materials upstream in supply chains – could provide cheaper domestic supply with a lower emissions foo...
Every electric vehicle rolling off an assembly line increases the demand for graphite by an average of around 160 pounds. With more than 30 million EVs expected to hit global highways each year by 2030 and upwards of 45 million by 2045, the transition to e-mobility will require up to eight times more graphite than was mined globally during 2022. While graphite has not received the attention of other EV battery ingredients such as cobalt, lithium, and nickel, this highly...
Lithium is an indispensable element in the clean energy transition for several key reasons; like all alkaline metals on the periodic table, it has one more electron than it strictly needs, and this tendency to shed electrons makes it well-suited for passing them back and forth between cathode and anode, charging and discharging thousands of times without degradation. Pure lithium does not occur in nature, but traces are found throughout nearly all igneous rocks, mineral...
Separating your plastics, paper, metals, and food waste has generally been a personal choice throughout most of modern recycling history. However, current demand for resources predicts we won't have enough to support net-zero carbon emissions by 2050. Hence, now is the best time for consumers to become educated and self-determined with their buying power, manufacturers to begin considering recycling as part of the initial design, and a new circular economy that resurrects a tr...
There is nearly a $1 trillion chasm between where the United States' lithium battery supply chain is today and where it needs to be by 2035 in order to build the envisioned green energy future where electric vehicles are charged with low-carbon energy. Roughly 40% of this investment will need to go toward ensuring there is a plentiful supply of cobalt, graphite, lithium, nickel, and other battery materials. Simon Moores, CEO of Benchmark Mineral Intelligence and one of the...
Collaborative investment of C$1.2 billion into future battery cathode facility. Coming out of the region that will hold one of the more prominent footholds for battery-related industries, Ford Motor Company announced an investment of C$1.2 billion (US$885,660) to build a battery cathode manufacturing facility in Becancour, Quebec, for future Ford electric vehicles. Becancour is a small town along the shores of the St. Lawrence River about halfway between Montreal and Quebec...
NRC issues permit needed to process stockpile of high-grade rare earth material through Rare Element's demo plant being built in Wyoming. Surpassing another major milestone on its path to offering a long-term, reliable, and sustainable domestic supply of separated rare earth elements, Rare Element Resources Ltd. has been issued a license necessary to process previously stockpiled material at its Bear Lodge project in Wyoming. Located in an area of northeastern Wyoming with...
What's the secret behind the bright colors lighting up the US night skies on the 4th of July? The answer is minerals! Each color is the result of specific chemicals derived from different minerals. Read further to find out what these minerals are, and get ready to be surprised at the other ways these minerals are used when they're not competing with the stars to illuminate the night sky. The Color: Green The Chemical: Barium Chloride Mineralogy 101: Barium chloride is what's...
ArcelorMittal North America will supply General Motors with XCarb, a recycled and renewably produced (RRP) steel product that is taking the two industry giants a step closer to carbon neutrality. "This agreement provides another example of how we are innovating with our suppliers to reduce emissions throughout the supply chain," said Jeff Morrison, GM VP of global purchasing and supply chain. "It also highlights how strong supplier relationships can help build a better, more...
At first glance, it appears that mining giants have been slow on the uptake during the booming market for battery materials. This may demonstrate an unusual lack of forethought, or over the next few years, may actually prove they've been two steps ahead. In less than a decade, the likes of lithium, cobalt, and graphite went from minor materials to a demand so intense that several electric vehicle (EV) and battery manufacturers are jumping the usual supply chain and investing...
In order to produce enough batteries for its expanding lineup of electric vehicles, General Motors is teaming up with Samsung SDI to invest $3 billion into building a 30 gigawatt-hour battery cell manufacturing plant in the United States. "GM's supply chain strategy for EVs is focused on scalability, resiliency, sustainability and cost-competitiveness. Our new relationship with Samsung SDI will help us achieve all these objectives," said General Motors Chair and CEO Mary...
Top electric vehicle battery manufacturer LG Energy Solution, which supplies Tesla and other automakers, announced on March 24 that it will invest approximately $5.5 billion in a complex in Queen Creek, Arizona. This investment marks the largest ever made for a stand-alone battery manufacturing facility in North America. Construction of the complex will break ground on two facilities this year; with $3.2 billion of the company's investment going to build a cylindrical EV...
Already pushing the boundaries of portable energy storage technology through its development of solid-state batteries, Energy Exploration Technologies Inc. or EnergyX, announced a US$50 million funding from General Motors Co. to help the company develop its lithium extraction and refinery technology. EnergyX's direct lithium extraction (DLE) technology can extract lithium metal directly from brine and potentially in anode-ready form for electric vehicle batteries, enabling a...
