The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Becancour, a small Quebec town along the shores of the St. Lawrence River about midway between Montreal and Quebec City, is rapidly emerging as an epicenter for producing the advanced materials needed for lithium-ion batteries powering the electric vehicle revolution. This rural Canadian town of around 12,800 people surfaced in the battery space about a year ago when Nouveau Monde Graphite Inc. announced plans to build a facility there to produce the coated spherical purified...
A group of bipartisan senators and a conservation organization are urging the White House to take definitive actions to bolster domestic production of the minerals critical to clean energy and national security. In a March 11 letter to President Biden, Senators Lisa Murkowski (R-Alaska); Senate Energy and Natural Resources Committee Chairman Joe Manchin (D-West Virginia), Jim Risch (R-Idaho), and Bill Cassidy (R-Louisiana) pointed out that the "lack of home-grown production...
Rising demand, tight supply, war, and a short squeeze on a China-based stainless steel titan came into perfect alignment to rocket the price of nickel to historic heights. The price for a pound of nickel soared nearly 250% over two days to a brief altitude above US$100,000 per metric ton, or US$45 per pound, on March 7. This prompted the London Metal Exchange to halt trading of the battery metal to deal with the aftermath of the largest move in the price of a metal in LME's...
Following a competition launched by the European Space Agency, it has selected Thales Alenia Space to design and build the first experimental payload to mine oxygen from the surface of the Moon. Tasked with producing a small piece of equipment that will evaluate the prospect of building larger lunar plants to extract propellant for spacecraft and breathable air for astronauts – as well as metallic raw materials for equipment – the Franco-Italian aerospace manufacturer, was...
Telecommunications giant Nokia has deployed an industrial-grade private wireless network with Antofagasta Minerals for Minera Centinela to support secure and reliable operations at its copper mine in Chile. "We are transforming the way mining is done," said Technology Manager for Antofagasta Minerals Gino Ivani. "We want to deliver excellence in everything we do, leveraging operational efficiencies to achieve the best results. We are committed to sustainable mining to...
The National Aeronautics and Space Administration March 7 reported the nearing launch of its 11-year Psyche project, with the assemblage of its massive solar panels that will power the spacecraft through its nearly four-year journey. Scheduled to launch on Aug. 1, the Psyche spacecraft will travel 1.5 billion miles to a mysterious, metal-rich asteroid of the same name. "Seeing the spacecraft fully assembled for the first time is a huge accomplishment; there's a lot of pride,"...
Car titans Volkswagen Group and Ford Motor Company have expanded their e-mobility partnership with Ford planning to produce another electric model for the European market based on Volkswagen's modular electric drive matrix platform, as well as doubling its planned MEB volume to 1.2 million units over the next six years. "Our strategic alliance with Volkswagen is an important element of Ford's commitment to offer an all-electric range of vehicles that are uniquely Ford and desi...
