The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Researchers from the U.S. Department of Energy's Critical Materials Institute, led by Ames National Laboratory, have developed a "Hot-roll Nano Neo Magnet" method for manufacturing high-performance neodymium-iron-boron permanent magnets that are heat-resistant, easier, and greener to produce. Neodymium is a rare earth metal that tarnishes rapidly when exposed to air. In 1983, it was discovered that when alloyed with iron and boron, it would create a magnetic force 10 times...
In a move that secures high-quality feedstock for its growing rare earths product line, Energy Fuels Inc. has paid $21.9 million to acquire Bahia, a large heavy mineral sands project in Brazil. "Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of the Bahia project," said Energy Fuels President and CEO Mark Chalmers. Monazite concentrates produced from the heavy mineral sands at Bahia will be shipped to the...
Over the course of one monumental week, Energy Fuels Inc. shipped a trifecta of mineral products critical to the production, storage, and use of low-carbon energy in the United States from its White Mesa Mill in southern Utah. "This week, our vision of Energy Fuels as 'America's Critical Mineral and Clean Energy Hub' tangibly advanced, as our White Mesa Mill in Utah sent three shipments of advanced materials containing a total of fifteen critical elements," said Energy Fuels...
A container of mixed rare earth carbonate shipped from Energy Fuels Inc.'s White Mesa Mill in Utah to Neo Performance Materials Inc.'s Silmet rare earths separation facility in Estonia marks the start of what is shaping up to be major new rare earths supply chains in the United States and Europe. "Today, Energy Fuels and Neo took significant steps toward restoring critical U.S. and European rare earth supply chains," Energy Fuels President and CEO Mark Chalmers said as the...
Already, the leading United States producer of the uranium that fuel's emissions-free nuclear energy, Energy Fuels Inc. has entered into an agreement with Canada-based Neo Performance Materials to produce rare earth products from natural monazite sands that are a byproduct of heavy mineral sands mined in the southeastern U.S. Under an agreement announced on March 1, Colorado-based Energy Fuels will process these monazite sands into a mixed rare earth carbonate in Utah for use...
Rare earths and battery metals market expert Adamas Intelligence forecasts that demand for the magnet rare earths – neodymium, praseodymium, and dysprosium – will falter slightly this year due to COVID-19 before rising sharply over the balance of the decade. Electric vehicles, wind power generators, consumer appliances, cordless power tools, speakers and dozens of other modern devices benefit from the unmatched power and durability of rare earth magnets. A lessened demand for...
Already involved in nearly every facet of the rare earth supply chain, from mining these technology elements to manufacturing powerful REE magnets, USA Rare Earth LLC has cut a deal with Geomega Resources Inc. to recycle these metals. Under a letter of intent signed by the companies on July 15, Quebec-based Geomega would recycle rare earth-containing waste from producing neodymium-iron-boron permanent magnets at a facility New York-based USA Rare Earth is planning to build in...
Lightweight, strong, and resistant to corrosion, titanium is best known for the properties it lends to rockets, aircraft, and high-performance sports equipment. Only about 3% of the more than 8 million metric tons of titanium minerals mined each year globally, however, go into high strength-to-weight ratio and corrosion-resistant alloys. What does drive the mass majority of the demand for this critical mineral is "enwhitening." According to the United States Geological...
