The Elements of Innovation Discovered
The Elements of Innovation Discovered
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With mass production of batteries that store intermittent renewable energy and power electric vehicles being a vital component of the envisioned clean energy future, the Biden administration has authorized use of the Defense Production Act to bolster American supplies of these critical battery minerals and materials. "Specifically, the DPA will be authorized to support the production and processing of minerals and materials used for large capacity batteries – such as l...
Using a technology initially intended to recover rare earths from recycled magnets, Geomega Resources Inc. subsidiary Innord Inc. has received sizable funding toward an unexpected benefit of the technology, to extract value from and reduce the environmental footprint of aluminum waste from refineries. Awarded a C$1.5 million funding from Sustainable Development Technology Canada, this accelerates Geomega's plans toward the construction of a pilot plant and the completion of a...
Adding to the rapidly expanding network of companies building a robust lithium battery materials supply in Ontario, Canada-based Avalon Advanced Materials Inc. and India-based Essar Group Company have forged a partnership to develop a mine and processing plant that will produce lithium that will be needed by electric vehicle and battery manufacturers in Ontario and beyond. Under the agreement, the two companies would co-own Avalon Lithium Inc., a private Avalon subsidiary that...
A leading technology company that leverages machine learning and data science to transform the way mineral deposits are discovered and defined, GoldSpot Discoveries Corp. says 2021 was a pivotal year marked by corporate milestones and client success that sets the stage for its 2022 development strategy. "2021 was truly a transformational year of dynamic growth for GoldSpot," said GoldSpot Discoveries President Denis Laviolette. "Our acquisitions solidified our commitment to...
Swedish premium electric performance carmaker Polestar recently announced a new global partnership with Hertz Corp. to sell 65,000 electric vehicles to the global car rental company over the next five years, with availability to begin in spring 2022 in Europe and later in the year for North America and Australia. "We are excited to partner with Polestar and look forward to introducing their premium EV products into our retail and rideshare fleets," said Hertz CEO Stephen Scher...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic supplies of battery minerals and materials as a win for rebuilding United States supply chains, the bipartisan group of senators that urged this action say more needs to be done to curb America's heavy dependence on oft adversarial countries for the minerals and metals critical to the nation's security and economic wellbeing. "While I am heartened that President Biden is heeding our...
Graphite One Inc.'s plans to establish a complete domestic supply chain for the advanced graphite materials for electric vehicle batteries was bolstered by President Joe Biden's decision to use the Defense Production Act to boost American supplies of critical battery materials. On March 31, the President signed a memorandum that orders the Pentagon to utilize Defense Production Act Title III funding to establish and expand upon sustainable and responsible production of the...
Faster, cheaper, and less carbon-intensive, a new 1,000-meter-long trolley assisting fully-loaded mining haul trucks out of the pit at Copper Mountain Mining Corp.'s mine in British Columbia is proving to be a successful step toward the company's goal to be a net-zero carbon emissions miner by 2035. "We are proud to be the first open pit mine to commission electric trolley assist haulage in North America," said Copper Mountain Mining President and CEO Gil Clausen. "Through...
