The Elements of Innovation Discovered
The Elements of Innovation Discovered
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With the recent completion of a $50 million financing, USA Rare Earth LLC has the funds to take major strides toward executing its rare earths mine-to-magnet strategy in the United States. At the front end of this strategy lies the Round Top heavy rare earths and critical minerals project in Texas, which USA Rare Earth recently exercised its option to acquire an 80% joint venture interest in from Texas Mineral Resources Corp. Situated in the Texas desert about 85 miles...
Best known for its contribution to advancing the Round Top rare earths and critical minerals mine project, Texas Mineral Resources Corp. is now leading a group targeting the development of a plant capable of recovering rare earths from Pennsylvania coal byproducts. The Texas-based mineral explorer is teaming up with Penn State University; Jeddo Coal Company, a family-run mining company with a Pennsylvania operation; and H22OS Consulting, an engineering and construction firm...
Geology dictates where mineable concentrations of the metals we need for our everyday modern lives are located. It so happens that USA Rare Earth LLC and Texas Mineral Resources Corp.'s Round Top rare earths and critical minerals project is in the sunny West Texas high desert. This puts one of America's richest deposits of the rare earths that go into the powerful magnets used in wind turbines and electric vehicles smack in the middle of one of the best places in the world...
With the commissioning of a pilot plant in Colorado now underway, USA Rare Earth LLC is one step closer to producing rare earth elements on American soil. Based in New York City, USA Rare Earth has set in motion a strategy to establish a completely domestic supply chain for rare earth magnets, which are essential for wind turbines, electric vehicles, smartphones, military hardware, advanced medical devices, and the physical backbone of emerging 5G networks. A key facet of...
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...
