The Elements of Innovation Discovered
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The Onshoring Rare Earths Act of 2020, or ORE Act, legislation introduced by U.S. Sen. Ted Cruz (R-Texas) on May 12 reaches beyond the 17 rare earth elements to include an additional four minerals and metals needed for lithium-ion batteries – cobalt, graphite, lithium and manganese. Cruz, who has long held that "China is the most significant geopolitical threat to the United States for the next century", introduced ORE Act as means of steering America's dependence for rare e...
Texas Mineral Resources Corp. and USA Rare Earth LLC April 2 said the COVID-19 outbreak thus far has not held up progress on their Round Top critical minerals project in Texas and pilot heavy rare earths separation plant in Colorado. "Our first priority is to safeguard the health and well-being of our employees, partners and contractors," said Texas Mineral Resources Chairman Anthony Marchese. "Fortunately to date, the COVID-19 outbreak has had a minimal effect on our...
USA Rare Earth LLC has acquired state-of-the-art neodymium-iron-boron permanent magnet manufacturing equipment, another key piece to the company's strategy to establish a complete rare earths mines-to-magnets supply chain in the United States. New York-based USA Rare Earth has already made major headway toward this objective as the funding and development partner at Round Top, a rare earth and critical minerals project about 85 miles southeast of El Paso. According to a prelim...