The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Pentagon turns to Idaho gold mine for a strategic domestic supply of critical metalloid. Falling in the grey area between metals like zinc and nonmetals like carbon, antimony is a semi-metal that possesses some interesting properties that make it a vital ingredient in a wide range of household, industrial, high-tech, and military goods. Despite its widespread uses, many people have never heard of antimony and fewer still realize that this intriguing metalloid is considered...
Critical minerals security seen as national security issue. Welcome to Critical Minerals Alliances 2024, the fourth installment of this annual magazine that provides in-depth insights into minerals and metals critical to a robust economy, national security, and the transition to clean energy. For the Data Mine North news team, Critical Minerals Alliances is more than an annual update on the rapidly changing critical minerals markets and policies. From the very beginning, it...
An all-of-government strategy is beginning to unfold in the US. Over the first two years following the passage of the Bipartisan Infrastructure Law and Inflation Reduction Act, the U.S. Department of Energy has invested billions of dollars into establishing a clean energy supply chain in the United States. These heavy investments, however, have neglected one vital link – the domestic mines needed to supply the processing facilities, battery plants, and other energy t...
Import-reliance a top concern for national security officials. America's heavy reliance on China and others for the minerals and metals critical to the nation's economic competitiveness, military strength, and clean energy future is high on the list of strategic concerns for top brass at the U.S. departments of Defense and Homeland Security. While much of this concern is rooted in the fact that the United States' ability to defend its strategic interests at home and abroad...
The U.S. relies on imports for 82% of its supply of this strategic mineral; China is the world's largest supplier. In its latest move to tighten controls of critical minerals, China has announced that it is placing state-controlled restrictions on the export of antimony, a vital ingredient in a wide range of household, industrial, high-tech, and military goods. According to the U.S. Geological Survey, American manufacturers use nearly 50 million pounds of antimony each year...
Perpetua Resources receives Stibnite Gold Mine debt financing letter of interest from the Export-Import Bank of the United States. The Export-Import Bank of the United States (EXIM) has extended an offer to loan Perpetua Resources Corp. $1.8 billion to fund the development of a mine at Stibnite Gold, which would round out an all-of-government effort to establish the historic project in Idaho as a future domestic source of antimony critical to America's economic and national...
Pentagon awards Doe Run $7 million to help scale up a cobalt and nickel processing plant in The Show-Me State. As part of a larger objective to ensure the United States has reliable domestic supplies of the minerals and metals critical to the nation's economy and security, the U.S. Department of Defense has awarded The Doe Run Resources Corp. $7 million to complete a demonstration-scale hydrometallurgical plant for separation of cobalt and nickel at their facility in...
Pentagon agrees to invest an additional $34.6 million to establish a domestic source of metalloid critical to military and civilians. To help break America's reliance on China and Russia for the antimony needed for military hardware and munitions, the U.S. Department of Defense has conditionally agreed to invest up to an additional $34.6 million into Perpetua Resources Corp.'s Stibnite gold-antimony mine in Idaho. "This latest award from the Department of Defense brings us a...
Reshoring mineral supply chains lost to globalization is a key part of DOD National Defense Industrial Strategy The urgency to onshore critical mineral supply chains in the United States has begun to shift away from a need to secure reliable sources of the minerals and metals needed to support the nation's economy and clean energy ambitions toward the need for these same mined commodities to defend American ideals and interests at home and abroad. "Establishing a fully...
Awards Perpetua additional $15M to help establish a mine-to-munition antimony supply chain that begins at Stibnite Gold project in Idaho. As part of its commitment to establishing domestic supplies of the minerals and metals critical to America's economy and security, the U.S. Department of Defense is investing another $15.5 million to help establish an antinomy supply chain that begins at Perpetua Resources Corp.'s Stibnite Gold project in Idaho. Used in a wide range of...
Perpetua receives two DOD grants to study military-grade antimony from Stibnite, ID Geopolitical tensions with China and Russia's war with Ukraine has the Pentagon concerned about securing domestic supplies of antimony, a metal-like element that is critical to military hardware and emerging renewable energy storage technologies. To investigate the potential of securing this supply from an Idaho antimony mine that was attributed to saving 1 million American soldiers during...
Russia and China's control of global supplies worry DC lawmakers From its uses in flame retardants that have saved countless American lives to being an important ingredient in batteries poised to be the answer to the challenge of storing intermittent renewable energy, few metals are more critical to the national security and economic wellbeing of the United States than antimony. Described as a metalloid, which means it falls somewhere between metals such as zinc and solid...
The supply chain repercussions of Russia's war with Ukraine have policymakers in Washington, DC concerned about securing supplies of antimony, which is critical to renewable energy storage technologies and national defense. Antimony is a metalloid, which means it falls between metals such as zinc and solid nonmetals like sulfur, with some interesting properties that make it a strategic material for the U.S. military. "Antimony is a key ingredient in communication equipment,...
Idaho-focused mining company Perpetua Resources Corp. and Ambri Inc., a battery technology company born from research at the Massachusetts Institute of Technology, have forged a partnership that will help advance the antimony-based liquid-metal battery technology that can provide the large-scale energy storage needed to decarbonize electrical grids in the United States and around the world. "This agreement is a meaningful step in support of the current administration's goal...
Ambri Inc., which is advancing antimony-based liquid-metal battery technology developed at the Massachusetts Institute of Technology, has secured a $144 million financing to commercialize and grow its daily cycling, long-duration battery technology, and to build a domestic manufacturing facility. This latest round of financing announced by the company on Aug. 9 was led by strategic investors Reliance New Energy Solar Ltd, a wholly-owned subsidiary of Reliance Industries Ltd.,...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic supplies of battery minerals and materials as a win for rebuilding United States supply chains, the bipartisan group of senators that urged this action say more needs to be done to curb America's heavy dependence on oft adversarial countries for the minerals and metals critical to the nation's security and economic wellbeing. "While I am heartened that President Biden is heeding our...
An unsung war hero that saved countless American troops during World War II, an overlooked battery material that has played a pivotal role in storing electricity for more than 100 years, and a major ingredient in futuristic grid-scale energy storage, antimony is among the most important critical metalloids that most people have never heard of. While antimony may not be part of the common lexicon, humans have been using this semi-metal for more than 5,000 years. "For example,...
