The Elements of Innovation Discovered
The Elements of Innovation Discovered
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From Trudeau's visit to Vital REE plant to a Chinese firm buying Vital stock and Canada rare earths, MTN counts down the 10 most popular articles of 2023. From the energy transition driving enormous new demand for technology metals to advances in technologies that make the mining of those materials more efficient and sustainable, 2023 was a big year for tech metals and mining tech news. Here are the 10 most popular Metal Tech News articles of 2023: No. 10 - Trudeau tours Vital...
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...
The U.S. Geological Survey has unveiled a proposed list of 50 minerals and metals critical to the United States. While this seems to be a major jump over the 35 critical minerals on the original list published in 2018, most of the increase is from a much-needed breakdown of the rare earth elements and platinum group metals. Listed as a single commodity on the 2018 critical minerals list, rare earths are a group of 15 individual elements, each with their own properties, uses,...
To secure a long-term domestic supply of the rare earths needed to build electric vehicles in North America, General Motors has entered into a binding agreement to buy REE materials and magnets to be produced at a new facility MP Materials Corp. is building in Fort Worth, Texas. "We are building a resilient and sustainable EV manufacturing value chain in North America, from raw materials to cell manufacturing to electric drive motors and beyond, further accelerating GM's...
Roughly 38,000 metric tons of rare earth concentrates were produced from American soil during 2020, yet the United States remains 100% reliant on foreign countries for its supply of these 17 elements critical to our modern high-tech society – an apparent paradox that 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 p...
Reminiscent of America's gilded age, the world is priming itself for a new era of technology and energy centered on the electricity that sparked the imaginations of visionaries such as Nikola Tesla and Thomas Edison. This new era, however, sets aside more than a century of burning fossil fuels in favor of new clean sources of the electricity that will power human innovation into the 21st century and beyond. Solar, wind, hydro, and geothermal are but a few of the methods...
