The Elements of Innovation Discovered
The Elements of Innovation Discovered
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While the importance of rare earth metals is widely acknowledged in manufacturing sophisticated devices for use in space, defense, clean, green and consumer technologies, the increasingly innovative and effective roles REE are playing in the development of new medicines and medical technologies get little public attention. New developments in medical technology are expected to increase the use of surgical lasers, magnetic resonance imaging, and positron emission tomography...
Ucore Rare Metals Inc. has cut a deal to acquire full ownership of Innovation Metals Corp. – a private Canada-based company that has developed RapidSX technology for the separation and purification of rare earth elements and other critical metals – in exchange for C$5.8 million of Ucore shares. Ucore and Innovation Metals entered into a service agreement earlier this year to carry out bench-scale testing of RapidSX on the separation of rare earths from concentrates pro...
Newlab LLC, in collaboration with the Vimson Group, presented their Transformative Technology Applied to Mining event during an April 28 webinar showcasing Prospect Mining Studio. This partnership represents a cohort of startup companies that leverages the power of frontier technology to help the mining industry become safer and more sustainable through innovations across multiple fields of study. Founded in 2006, Newlab serves as a hardware-focused shared workspace, research...
With many mineral exploration geologists self-isolating behind a computer screen instead of out in the field breaking rocks, artificial intelligence offers a means of generating new exploration targets with the reams of previously collected geological, geochemical and geophysical information. Minerva Intelligence, which is redefining the emerging industry of artificial intelligence-assisted mineral exploration, believes the TERRA Mining AI suite of software services it has to...
Global interest has begun for recent development in the renewable energy race with an unlikely contender – miniaturized nuclear reactors. This relatively new nuclear reactor design, known as a small modular reactor, or SMR, is based off already well-established nuclear technology principles, providing a new direction for companies seeking to create smaller, more strategically located mini-reactors in an increasingly competitive market. The appeal of these small and medium s...
