The Elements of Innovation Discovered
The Elements of Innovation Discovered
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From being the priciest and hardest-to-come-by, lithium-ion battery metal during the budding energy transition to a massive surplus and wavering demand, cobalt mining has had a nail-biting year as sales have stalled and prices have begun to fall (global benchmark cobalt prices have dropped by more than half since May of last year). Cobalt is a lustrous ferromagnetic metal with a high melting point used increasingly in renewable energy technologies, such as wind turbines and...
Each year in Canada, roughly 200 active mines contribute to billions of tons of mining waste. The estimated number of tailing storage facilities surveyed worldwide is over 12,000. While considered industrial waste, these facilities also contain a number of useful minerals at a concentration deemed too low to be worth extracting-until now. Enter biomining, which covers several biological separation technologies offering eco-friendly recovery of valuable and strategic materials...
MOU with Metso lays groundwork for the processing tech to produce lithium hydroxide for EV batteries at a planned plant in Thunder Bay, Ont. In a major step toward its goal of becoming the first vertically integrated lithium producer in Ontario, Avalon Advanced Materials Inc. has signed a preliminary agreement with Finland-based Metso Corp. for the development of a processing plant on the north shores of Lake Superior that would upgrade lithium concentrates from Avalon's...
In a move to fund research and build alliances across America's lithium battery supply chain, the U.S. Department of Energy is providing $209 million for 26 new national laboratory research projects focused on electric vehicles and the next generation of advanced batteries that will power them. "President Biden's administration wants to make it easier for millions of American families and businesses to make the switch to electric vehicles," said Secretary of Energy Jennifer...
The International Energy Agency warns that traffic jams threaten the clean energy future. Not on global highways congested with electric vehicles, nor in lines of these EVs waiting to top off their batteries with low-carbon electricity at charging stations. Instead, this gridlock is more likely to happen in automotive and battery factories that cannot find plentiful and affordable supplies of the minerals and metals needed. "Prices of many minerals and metals that are essentia...
Global governments and industries are setting increasingly ambitious targets for the phasing out of fossil fuel-burning automobiles in favor of electric vehicles charged with green energy. Achieving these grand climate objectives, however, is going to require an equally bold strategy to ensure there are plentiful supplies of the new generation of energy minerals and metals critical to building this revolution in the way the world generates and uses energy. The World Bank...
A heavy reliance on imports for a long list of minerals and metals critical to American supply chains could be a stumbling block for the Biden administration's ambitious "Build Back Better" agenda. "From the largest infrastructure plan since the Eisenhower interstate highway system, to an aggressive plan for a national energy transition, the Biden administration's agenda will require an immense amount of minerals," National Mining Association President and CEO Rich Nolan...
