The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Building upon its foundation as a domestic supplier of critical battery materials, American Battery Technology Company has been awarded a second US$57 million from the U.S. Department of Energy for its future commercial-scale lithium hydroxide facility in Nevada. This grant marks yet another major milestone toward establishing a domestic source of low-cost, low-environmental-impact lithium for America's clean energy transition at the Tonopah Flats Lithium project, a Nevada...
Results in largest known reserves of lithium on Earth being deposited in volcanic caldera spanning Nevada-Oregon border. The remnants of an ancient volcano spanning the Nevada-Oregon border likely holds the world's largest accumulation of the lithium for the batteries needed for electric vehicles and renewable energy storage, according to a scientific paper published by a trio of volcanologists and geologists. This roughly 25- by 30-mile basin known as the McDermitt Caldera...
A flurry of industry partnerships on battery material projects followed landmark alliance between nations. In a move that aligns Canada's rich minerals endowment with Japan's battery-making expertise, the two countries have entered into a historic battery supply chain agreement. "Canada and Japan are committed to advancing our shared ambitions to develop sustainable and reliable global battery supply chains," said Canada Minister of Innovation, Science, and Industry...
BSNC investment provides funding for all-American graphite supply chain and signals local AK Native support for mine. As a signal of strong local backing for Graphite One Inc.'s vision to establish an all-American supply chain for the graphite needed for lithium batteries powering the energy transition, Bering Straits Native Corp. is making an up to US$10.4 million strategic investment into the company. "This is not just an investment in Graphite One, it is a long-term...
Seeking to curb the United States' heavy dependence on imports for critical minerals, the U.S. Department of Energy is investing $150 million to support the domestic production of these mined materials essential to clean energy, high-tech manufacturing, and the nation's general economic well-being. "The investments announced today enhance national security by reducing our reliance on foreign sources-while strengthening an existing mining and energy workforce to develop...
Exploring an alternate battery technology that would lessen the demand for lithium and, in turn, help enable the transition to clean renewable energy, Graphene Manufacturing Group Ltd. announced the successful production of an initial 500 milliampere-hour graphene-aluminum prototype pouch cell – one of, if not the first of, its kind. Easily regarded as the dominant force for portable power needs, lithium-ion batteries have held a grip on accessible energy for decades. Cheap, r...
After announcing its plans for a recycling hub in Portovesme, Italy, through a partnership with Glencore, Li-Cycle Holdings Corp. has followed up with the steps needed to begin establishing a centralized locale for battery recycling in Europe's Bel Paese. "The planned Portovesme Hub is a landmark project for Europe's battery recycling industry and is expected to be the largest source of recycled battery-grade lithium on the continent," said Li-Cycle Executive Chair Tim...
Invests $30 million in energy storage systems campus; is aligning military and private sector buying power to speed technology transition in US. The U.S. Department of Defense is investing $30 million to establish an energy storage systems campus that will serve as the headquarters for a U.S. military-private sector alliance to accelerate the transition to next-generation batteries powering everything from smartphones and household appliances to electric vehicles and military...
Grants DPA Title III funds to support Albemarle lithium, Tamarack nickel projects in the US. Continuing its mission to establish domestic lithium-ion battery supply chains, the U.S. Department of Defense is investing more than $110 million to support lithium and nickel projects in the United States. The Office of the Assistant Secretary for Industrial Base Policy, through its Manufacturing Capability Expansion and Investment Prioritization (MCEIP), announced on Sept. 12 that...
Colorado School of Mines thesis confirms that the germanium values in Alaska deposit have long been underreported. In addition to hosting 6.3 billion pounds of copper and 88 million lb of cobalt critical to the energy transition, the Bornite deposit in Alaska's Ambler Mining District may also be a significant source of the germanium essential to both clean energy and high-tech. "Germanium is an important metal with numerous applications, particularly in the manufacture of...
From a small sprout to a mighty tree, Redwood Materials Inc. may share its roots with the Tree of Tesla but has grown into a pillar of stability in the realm of recycling amidst a time when electric vehicle battery materials are becoming increasingly difficult to source. This battery and e-waste startup's vision of creating a domestic supply through recycling has drawn nearly $2 billion in new investment to expand its operations in the U.S., spreading its own "Sequoian" roots...
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...
S&P Global study details enormous energy transition metals demand in the US; significant supply challenges at home, abroad. The United States has "considerable challenges" to overcome when it comes to securing enough critical minerals and copper to meet the increased energy transition-related demands being driven by the Inflation Reduction Act, according to analysis by S&P Global. Detailed in a new 111-page report – Inflation Reduction Act: Impact on North America Metals a...
Helping to spur the production of critical minerals around the world, TechMet Ltd. announced the closing of its latest $200 million in equity funding to further invigorate its incredible lineup of technology metal assets around the globe. Founded in 2017, TechMet is a capital investment firm focused on building businesses across the critical minerals value chain from mining to processing, recycling, and battery component manufacturing. In the past year, TechMet has already inv...
The strategic importance of Ucore Rare Metal Inc.'s RapidSX rare earth elements separation technology was underscored by a recent tour of the company's commercial demonstration plant in Kingston, Ontario. "This visit underscores the significance of our work in the rare earth minerals sector and highlights our dedication to pioneering eco-friendly resource solutions," said Ucore Rare Metals COO Mike Schrider. The RapidSX technology being demonstrated at the Ontario plant is a...
With the technology and facilities already in place, Rare Earth Salts Separations and Refining LLC has stepped up to bat for the first fully domestic U.S. supply of critical rare earth elements by announcing the production and sale of its high-purity terbium and yttrium from recycled feedstock. Founded in 2012 by Rare Earth Salts Chief Technology Officer Joseph Brewer, his goal was to address the global need for a cost-effective, sustainable, and environmentally friendly rare...
U.S. policymakers have become increasingly concerned about overreliance on China for the minerals and metals essential to clean energy technologies. Today China controls roughly one-third of the global market for critical minerals and rare earth elements, and several countries, including Australia, are making strides toward developing robust domestic resource extraction and processing industries of their own in response. To take advantage of recent federal tax credits for elec...
Shining a spotlight on a provider of the metals needed for the lithium batteries powering America's clean energy technologies, American Battery Technology Company announced a visit from representatives from the White House. "We are proud to be part of the Nevada community that is at the forefront of working to build the domestic lithium-ion battery supply chain," said American Battery Technology Company CEO Ryan Melsert. Visiting ABTC's facility in Northern Nevada, National...
Collaborative investment of C$1.2 billion into future battery cathode facility. Coming out of the region that will hold one of the more prominent footholds for battery-related industries, Ford Motor Company announced an investment of C$1.2 billion (US$885,660) to build a battery cathode manufacturing facility in Becancour, Quebec, for future Ford electric vehicles. Becancour is a small town along the shores of the St. Lawrence River about halfway between Montreal and Quebec...
Automaker funds will support the production of green lithium in California; CTR plans to ship first batch in 2027. To support what will be an important American supply of green lithium for the batteries that will power its growing line of electric vehicles, Stellantis has agreed to invest $100 million to advance the development of Controlled Thermal Resources' Hell's Kitchen geothermal lithium project in the Salton Sea area of Southern California. "This substantial investment...
Latin American countries collectively hold over 50% of the world's identified raw lithium. These resource-rich nations have begun asserting that they will no longer accept extractive international trade relationships-hoping to leverage this natural wealth of a suddenly in-demand mineral to bolster the region's development and encourage the growth of specialized industries and clean energy infrastructure. "We don't want to sell lithium to Europe ... we want to sell lithium vehi...
Impressing the necessity of developing domestic supplies of critical minerals, the U.S. Department of Energy's Office of Fossil Energy and Carbon Management has issued a notice of intent to fund programs that will advance cost-effective and environmentally responsible production, reuse, and recycling of critical minerals and materials in the United States. As part of the $1.1 trillion Bipartisan Infrastructure bill, this latest funding opportunity is aimed to support bench-...
Lynas to apply the Pentagon funds to develop the first heavy rare earths separation facility outside of China. Continuing its heavy investments into America's critical mineral supply chain, the U.S. Department of Defense has allocated roughly $258 million to support development of the Lynas U.S. Rare Earths processing facility in Texas, which is more than double the original $120 million price tag for establishing the first large-scale heavy rare earth elements separation plan...
Heavy investment in mining required to ensure enough raw materials are fed to EV battery gigafactories; key to energy future. Benchmark Minerals Intelligence cautions that the gigafactories being erected around the world will be "about as useful as grain silos" unless hundreds of billions of dollars are invested in ensuring that there are plentiful supplies of the cobalt, graphite, lithium, manganese, nickel, and other raw materials these factories require to manufacture the...
NRC issues permit needed to process stockpile of high-grade rare earth material through Rare Element's demo plant being built in Wyoming. Surpassing another major milestone on its path to offering a long-term, reliable, and sustainable domestic supply of separated rare earth elements, Rare Element Resources Ltd. has been issued a license necessary to process previously stockpiled material at its Bear Lodge project in Wyoming. Located in an area of northeastern Wyoming with...
