The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Receives 10-year federal permit to expand upon deposits within the famed Idaho Cobalt Belt. With a federal 10-year exploration permit in its pocket, Electra Battery Materials Corp. has the flexibility and time to thoroughly evaluate its Idaho Cobalt Belt properties, which host some of the only potential primary sources of cobalt outside the Democratic Republic of Congo. So far, Electra has outlined 4.5 million metric tons of indicated resource averaging 0.19% (18.4 million pou...
USGS estimates that the U.S. economy would take a $2.4 billion hit if China banned exports of gallium and germanium. From household appliances to high-end electronics, gallium and germanium are essential elements to a wide array of products manufactured in the United States. American manufacturers, however, must rely heavily on imports from China for both of these critical minerals. A cutoff of this supply could send America's gross domestic product (GDP) plummeting by $3.4...
Super-sized manganese particles might be able to cheaply and efficiently replace nickel and cobalt in battery cathodes. Lawrence Berkeley National Laboratory experts are developing a new process that could help make abundant (and cheap) manganese a contender to replace nickel and cobalt in energy storage for renewables, personal electronics, and electric vehicles. Nickel and cobalt are essential components in many clean energy technologies and are usually sourced from limited...
Congressman Ciscomani's bill to include copper and other energy materials on critical minerals list receives strong bipartisan support, Copper is so essential to wiring the energy transition that the World Bank estimates global mining operations will need to produce as much of this ubiquitous metal over the next 25 years as has been mined over the 5,000 years since the dawn of the Bronze Age. Despite the economic and geopolitical implications of a world demanding 1.1 trillion...
Funding to support New York facility to recycle critical battery materials. Amid rising demand for domestic battery recycling solutions, Li-Cycle Holdings Corp. has secured a landmark $475 million loan from the U.S. Department of Energy to advance the development of its Rochester Hub project, a facility poised to become North America's first commercial-scale hydrometallurgical battery materials recovery center. Over the past few years, Li-Cycle has emerged as a leader in...
Half the world's heavy rare earth production grinds to a halt amidst civil war. Myanmar's top exports have long been oil and natural gas, followed by fruits and vegetables, wood, fish, clothing, and rubber. Its main export partnerships are with China, India, Japan, South Korea, Germany, Indonesia and Hong Kong. Today, this small country has found itself to be an essential source of heavy rare earth elements (HREEs), vital ingredients for the magnets used in electric vehicles a...
Researchers have engineered a nanomaterial flexed by rare earth magnets that is as soft as skin but strong as steel. The studies of robotics, biomedical engineering, and wearable technology all intersect over the immensely complex task of replicating human musculature – creating materials strong enough to replace or enhance human limbs, flexible and soft enough to manipulate delicate objects or complete precise tasks in everyday life, during space exploration or on a b...
CMAG is on a mission to foster relationships the will unlock Africa's vast critical mineral potential. Sub-Saharan Africa is estimated to host nearly one-third of the world's proven critical minerals reserves but has struggled to have its voice heard when it comes to global critical minerals policy and supply chains. The newly launched Critical Minerals Africa Group (CMAG) aims to provide African policymakers, business leaders, and citizens a seat at the table when it comes...
With ambitious technological and financial cooperation, Western allies could produce enough critical minerals to meet climate goals. In the aftermath of the COVID pandemic, nations quickly discovered the perils of an uneven distribution of production and processing capabilities in the guise of globalization. Phrases like "near-shoring" and "friend-shoring" led discussions of a green economy as remedies to the trade imbalance between the United States and the People's Republic...
Norway House Cree Nation acquisition of Minago brings ESG advantages to near-development nickel-PGM project. In a deal that could result in an Indigenous-owned mine delivering energy transition metals into North America's supply chains, the Norway House Cree Nation has acquired the Minago nickel-platinum group metals (PGM) project in Manitoba from Flying Nickel Corp. for nearly C$9 million ($6.5 million). "By taking full control with 100% ownership and management, we can...
Tapping the massive underground resource will hinge on landowner royalty agreement. The promise of lithium beneath Arkansas and five neighboring states cannot be overstated. Arkansas' little corner of the Smackover Formation – a massive permeable limestone geological extending from Florida to Texas – was estimated earlier this month by the U.S. Geological Survey to host between five and 19 million tons of lithium reserves. With such a massive lithium discovery and big names ea...
Photovoltaic cells made from the right combination of materials could break through the limited potential of solar power. With today's common commercial and industrial solar cells converting sunlight into energy at a rate of 30-40% maximum, a 60% efficiency power conversion potential is groundbreaking. After 15 years of trial and error, a team of researchers at the Universidad Complutense de Madrid in Spain has fabricated an intermediate band (IB) solar cell using gallium...
USGS estimates the Smackover Formation under Arkansas hosts enough lithium for more than 625 million EVs. By applying next-generation machine learning to old-fashioned water sampling, the U.S. Geological Survey estimates that there is enough lithium dissolved in salty waters beneath Arkansas to keep America supplied with this critical battery metal for decades. Arkansas happens to sit atop a particularly lithium-rich area of the Smackover Formation, the relic of an ancient sea...
The U.S. export bank debt financing will help fund a plant in Ohio that will produce graphite needed for lithium-ion batteries. To help support the establishment of a domestic mine-to-EVs graphite supply chain, the Export-Import Bank of the United States (EXIM) has invited Graphite One Inc. to apply for a $325 million loan to build its planned advanced anode material (AAM) processing plant in Ohio. "Based on the preliminary information submitted regarding expected U.S....
Automaker to invest $625 million for 38% JV interest in Lithium America's Thacker Pass. To help ensure that it has a reliable and Inflation Reduction Act-compliant source of the lithium needed for its growing line of electric vehicles, General Motors has agreed to invest an additional $625 million to acquire a 38% joint venture interest in Lithium Americas Corp.'s Thacker Pass mine and processing plant in northern Nevada. "We're pleased with the significant progress Lithium...
The proposed $6.7 billion purchase indicates that the global mining giant foresees a lithium market rebound. On Oct. 9, Rio Tinto announced plans to acquire lithium producer Arcadium, boosting Arcadium's value and enhancing Rio Tinto's lithium market exposure, crucial for electric vehicle growth. What does this investment say about the future outlook for the lithium market? Rio Tinto CEO Jakob Stausholm has maintained an attitude of "cautious optimism" in interviews,...
Building and powering the infrastructure AI requires to operate has already consumed double the gigawatts and may soon tax copper resources exponentially. The need for copper is steadily growing as worldwide urbanization spreads and global superpowers rush to electrify their transportation and energy industries. In addition to physical expansion, the world is also invisibly run on data centers that require vast amounts of copper for both their construction and operation. Hospi...
New U.S. benchmark to boost market transparency, supporting battery supply chain growth. With lithium batteries forecast to power a sixfold surge in United States graphite demand by 2034, Fastmarkets has launched a new price assessment that aims to provide greater transparency and reliability benchmarks to manufacturers, producers, and investors involved in U.S. graphite. Established over 150 years ago, England-based Fastmarkets has built a reputation for delivering reliable...
BHP projects copper demand to rise by 1 million tons annually, lining pockets with high prices, but will a short-term deficit hurt mining in the long run? Copper has enjoyed rising prices since 2020, all while miners face rising operating costs and declining ore quality. With new mine construction requiring at minimum a capital-intensive ten-year commitment and existing operations in key copper-producing countries – Latin America, Australia, and Africa – aging, the gre...
With final FEIS from BLM, Nevada lithium mine is 30 days away from completion of federal permitting process. With the U.S. Bureau of Land Management's issuance of a final environmental impact statement (EIS) for the Rhyolite Ridge mine project about 150 miles southeast of Reno, Nevada, Ioneer Ltd. takes another large step toward its goal of producing enough lithium for nearly 370,000 electric vehicles per year by 2028. As the namesake ingredient in the batteries powering EVs...
Milestone event forges Saskatchewan's link in North America's rare earths supply chain. In a milestone event that firmly establishes Saskatchewan as a major link in North America's burgeoning rare earths supply chain, Saskatchewan Research Council (SRC) has poured the first rare earth metals at its processing facility in Saskatoon, Sask. "The Government of Saskatchewan is proud to support SRC's Rare Earth Processing Facility, making Saskatchewan the first and only...
"Investing in America" agenda is expected to generate $16 billion for onshoring critical minerals, processing and battery tech. As part of the Biden-Harris Administration's Investing in America agenda, the U.S. Department of Energy announced it will be funding over $3 billion to 25 selected projects across 14 states to boost domestic production of batteries and battery materials. The portfolio of selected projects is intended to support projections of over 12,000 battery...
Combining AI with LP-LIBS, DTE's aluminum analysis cuts energy use and boosts efficiency. In the face of surging global demand for aluminum and rising energy costs, an Icelandic company is pioneering a new solution with its real-time melt analysis technology that promises to revolutionize aluminum production by providing immediate insights into molten metal composition, significantly cutting down on energy usage and production times while ensuring higher efficiency and...
Rare Element Resources receives federal authorization and funding to proceed with first-of-its-kind rare earth separation plant. Following a few months of slowed progress due to inflationary pressures pushing the costs to build its rare earths processing and separation demonstration plant above budget, Rare Element Resources Ltd. says the critical minerals facility being installed just outside of Upton, Wyoming, is on track to begin operations by the end of the year. Last...
PyroDelta's thermoelectric device could significantly improve ICE vehicle fuel efficiency by transforming engine heat into electricity. First Tellurium Corp. subsidiary PyroDelta Energy is moving forward with a tellurium-enhanced thermoelectric generator that could significantly improve the gas mileage of internal combustion engine (ICE) vehicles – a technology that could also be used to increase the range of hybrid cars and EVs. Thermoelectric generators are solid-state devic...
