The Elements of Innovation Discovered
The Elements of Innovation Discovered
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U.S. Department of Energy is funding a Critical Materials Supply Chain Research Facility support a resilient and secure domestic supply chain. The Department of Energy is funding a Critical Materials Supply Chain Research Facility that will help support a secure domestic supply of minerals and materials critical to economic prosperity, national security, and the green energy transition in the U.S. This week, the DOE's Office of Fossil Energy and Carbon Management (FECM)...
Perpetua Resources receives Stibnite Gold Mine debt financing letter of interest from the Export-Import Bank of the United States. The Export-Import Bank of the United States (EXIM) has extended an offer to loan Perpetua Resources Corp. $1.8 billion to fund the development of a mine at Stibnite Gold, which would round out an all-of-government effort to establish the historic project in Idaho as a future domestic source of antimony critical to America's economic and national...
Largest industrial decarbonization investment ever in US history; will see $6 billion across 33 projects throughout the nation. Stoking the non-emissive fires of industry once again, the U.S. Department of Energy has leveraged another significant share of Bipartisan Infrastructure Law funding to inject upwards of $6 billion into 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, and invigorate job...
New rules would allow the testing needed to build an open-pit mine over the largest hard rock lithium deposit in the U.S. In a unanimous vote, the Board of Environmental Protection has amended Maine's prohibitive mining rules to allow for open-pit excavation of certain clean energy metals. The provisional amendment, still under final consideration, is the refinement of a state law adopted last July intended to restrict mining and processing resources containing polluting sulfi...
Massive geothermal lithium reserves give U.S. leverage while superpowers employ protectionist measures around supply chains. There's a new international race, not into space or to establish military superiority, but to secure critical minerals in a worldwide resource grab for the feedstocks that will fuel a global green energy transition. While we're all on the same side – or, in this case, the same planet – the superpowers have been at odds with how to achieve net-zero car...
Despite investing billions of dollars, US continues to rely heavily on China and others for its supply of critical minerals. The 2024 edition of U.S. Geological Survey's annual Mineral Commodity Summaries shows the United States has made little headway in breaking its reliance on China and other overseas nations for the minerals and metals critical to the nation's clean energy ambitions, economic well-being, and defense. "Our mineral import dependence continues to be a gaping...
In what may be a watershed moment for U.S. state laws regarding critical mineral mining, South Dakota Rep. Kirk Chaffee has taken a second swing at taxing lithium, and this time it may stick. Last year, a similar effort to classify lithium as an energy mineral passed the state House but was rejected in the Senate. The current bill, for which Chaffee is the main sponsor, classifies South Dakota's future lithium as a precious metal and imposes a 10% tax on mining profits, with...
Sens. Murkowski, Manchin contend administration is misinterpreting Congress intent when it comes to funding domestic mining projects. While the U.S. Department of Energy is investing billions of taxpayer dollars into establishing robust battery material processing and battery manufacturing capacity in the United States, the federal agency has done little to support domestic mines that would feed critical minerals into domestic electric vehicle supply chains. Sen. Lisa Murkowsk...
Reshoring mineral supply chains lost to globalization is a key part of DOD National Defense Industrial Strategy The urgency to onshore critical mineral supply chains in the United States has begun to shift away from a need to secure reliable sources of the minerals and metals needed to support the nation's economy and clean energy ambitions toward the need for these same mined commodities to defend American ideals and interests at home and abroad. "Establishing a fully...
Agency founded to fight terrorism views mining and critical minerals as vital to economic, national security of the homeland. For most Americans, the U.S. Department of Homeland Security conjures up images of an intelligence agency borne from the 9/11 attacks on the World Trade Center and Pentagon that employs TSA airport screenings, border checkpoints, and internet monitoring to protect Americans from terrorist threats, both foreign and domestic. And these airport, border,...
In 2023 alone, the federal geological survey invested $51M into Earth MRI scans of 35 states as part of a nationwide critical minerals search. From rare earths in Northern Maine to lithium in Southern California and titanium in Florida to 29 critical minerals in Alaska, the United States Geological Survey is investing heavily in strengthening domestic supply chains for the 50 minerals and metals critical to every sector of the American economy. This nationwide search for...
Reinterpretation of FEOC widens pool of potential critical mineral sources eligible for federal tax credits, funds. The Biden administration needs help understanding the meaning of "foreign entity of concern" (FEOC) as this term relates to investing billions of taxpayer dollars into bolstering the supply chains for materials critical to electric vehicles and renewable energy. The Bipartisan Infrastructure Law and Inflation Reduction Act allotted billions of dollars for...
Ucore is awarded C$4.3 million to produce magnet REEs for EVs and other high-tech uses at its demo plant in Ontario. To support the commercialization of a technology poised to help break North America's dependence on China for rare earths critical to the clean energy and technology sectors, the Canadian government has awarded Ucore Rare Metals Inc. C$4.28 million (US$3.1 million) to demonstrate the capabilities of its RapidSX rare earths separation platform. "We would like to...
Following gallium, germanium curbs, China announces plan to restrict its exports of critical lithium-ion battery material on Dec 1. Three months into its restrictions on exports of the critical computer chipmaking metals gallium and germanium, China announced that it will also be limiting global shipments of graphite, the largest single ingredient in lithium-ion batteries for electric vehicles. On Oct. 20, China's Ministry of Commerce posted notices that the exports of nine...
August stoppage is due to timeline to gain approvals under new export limitation process; longer-term curbs yet to be known. While gallium and germanium exports out of China dropped to zero during August, it is too early to determine just how restrictive the government plans to be on shipping this pair of semiconductor elements out of the country, or the impacts such export curbs will have on the manufacturing of computer chips, fiber optic cables, and other high-tech goods...
Delegates agree on six actions to strengthen and diversify critical energy mineral supply chains. The rapid transition away from the fossil fuels that powered the world through the 20th century and toward lower-carbon sources such as wind and solar is creating enormous new demands for critical minerals and metals like cobalt, copper, lithium, and nickel. This interdependency was highlighted during the first-ever International Energy Agency Critical Minerals and Clean Energy...
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...
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...
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...
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...
Technology metal brokers in the US and Germany say they have stores of both metals to meet tech needs following curbs on Chinese exports. Technology metal brokers in the United States and Europe are providing safety nets for companies seeking reliable supplies of gallium and germanium as global supply disruptions loom. Earlier this month, China announced that starting on Aug. 1 it will be placing government-controlled restrictions on the exports of this pair of semiconductor m...
The International Energy Agency's Inaugural Critical Minerals Market Review provides insights into the progress made, challenges ahead. The International Energy Agency is cautiously optimistic about the progress made so far along the expanding supply chains for the minerals critical to electric vehicles and renewable energy. Like the global energy markets it represents, the IEA is transitioning its analysis and policy advocacy toward the clean energy future, and now provides...
Going back to its 2010 rare earths playbook, China will ban gallium and germanium exports without state approval. Reminiscent of export restrictions that sent the price of rare earth elements through the roof in 2010, China has announced that it is placing state-controlled restrictions on the export of two technology metals vital to chipmaking – gallium and germanium. On July 2, China's Ministry of Commerce posted notices that the exports of eight gallium and six germanium p...
Jervois will use the DPA Title III funds to expand cobalt deposit in Idaho, finalize study for domestic refinery. To shore up domestic supplies of the cobalt needed for military hardware and green energy, the U.S. Department of Defense is investing $15 million to support the work of Jervois Mining USA to expand mining at its Idaho Cobalt Operations and potentially establish a refinery in the U.S. Foreseeing a sharp rise in the demand for cobalt in the United States as...
