The Elements of Innovation Discovered

Articles from the July 10, 2024 edition

Sorted by date  Results 1 - 9 of 9

  • Aerial view of an enormous open pit mine in a high-desert setting.

    Electrifying world's largest copper mine

    Shane Lasley, Metal Tech News|Updated Jul 16, 2024

    BHP applies for $250 million trolley system to lower greenhouse gas emissions, increase haul truck efficiency at Escondida. Toward its goal of net-zero greenhouse gas emissions by 2050, mining giant BHP has applied for the permits needed to install a $250 million electric trolley to help pull ore-laden haul trucks out of the open pit at Escondida, the largest copper-producing mine on Earth. Operated under a joint venture with Rio Tinto (30%) and Japan-based JECO Corp.... Full story

  • The bright red mountains found in Kuska, Chile, South America.

    Lithium prices, investments flounder

    K. Warner, Metal Tech News|Updated Jul 9, 2024

    BASF withdraws investment plans for Chile amid global slowdown of EV sales. A worldwide slowdown in electric vehicle sales has left lithium prices languishing at pre-2020 levels, quashing investments in bringing new supplies of the battery metal to market. The oversupply of lithium, in particular, is stifling new investment in the Lithium Triangle, a region of the Andes spanning parts of Argentina, Bolivia, and Chile. The triangle's lithium is concentrated in arid salt pans... Full story

  • A row of soldiers lined up, focusing on their distinct footwear.

    GC USA to upgrade boots for U.S. troops

    A.J. Roan, Metal Tech News|Updated Jul 9, 2024

    Partners with HEROES and UMass Lowell to develop advanced, American-made military boots using cutting-edge graphene and aerogel technology. Taking a bold step in military innovation, GC Associates USA has partnered with DEVCOM Soldier Center and UMass Lowell to utilize its cutting-edge graphene and aerogel materials for the next generation of U.S. military footwear. GC USA, recognized for its innovative solutions and veteran leadership, has a distinguished history of... Full story

  • Tropical drink in front of an erupting volcano.

    Volcanic geofluids rich in tech metals

    K. Warner, Metal Tech News|Updated Jul 9, 2024

    Scientists eye dormant volcanoes to extract energy and battery metals. Researchers at Oxford University in the UK are looking into volcanic geofluids, which could help the green energy transition with a wealth of free energy and minerals. A dormant volcano on the Caribbean island of Montserrat has piqued researchers' interest in the geofluids that flow beneath it. Oxford's ReSET program project lead, Jonathan Blundy, a Royal Society Research Professor, is confident in his... Full story

  • The Crew Dragon Endeavor docked and being prepared for launch.

    MIT announces titanium alloy breakthrough

    A.J. Roan, Metal Tech News|Updated Jul 9, 2024

    New titanium alloys combine strength and ductility, offering potential advancements for aerospace and biomedical industries. In a breakthrough that could transform multiple industries, Massachusetts Institute of Technology researchers, in collaboration with ATI Specialty Materials, have developed new titanium alloys that break the conventional tradeoff between strength and ductility, potentially revolutionizing applications from aerospace to biomedical equipment. Titanium... Full story

  • A digital image of a globe overlaid with a graph and statistics.

    Investors are hedging cobalt bets

    K. Warner, Metal Tech News|Updated Jul 9, 2024

    A few investors have been buying up cobalt amid battery metal slump. While sustainable domestic mines like Jervois Idaho Cobalt Operations in the U.S. fight to stick to opening targets and investors struggle with problematic environmental and social costs of battery metals from overseas, a glut of overproduced cobalt has driven prices down, and savvy investors are buying up physical material for when demand surges or geopolitical issues come to a head. Anchorage Capital... Full story

  • A pickup offers scale for a vast expanse of desert and mountains in Pakistan.

    Exploring Reko Diq with Fleet Space tech

    Shane Lasley, Metal Tech News|Updated Jul 9, 2024

    Barrick Gold leverages satellite-enabled AI mineral exploration technology to explore the larger copper potential at Pakistani project. Barrick Gold Corp. is the latest in a growing number of mining companies to use space tech and AI mineral exploration solutions developed by Australia-based Fleet Space Technologies to discover hidden deposits of minerals needed for the clean energy transition. While Barrick is best known for being one of the world's largest producers of... Full story

  • Shaking hands with sleeves representing Australian and Indian flags.

    Australia, India critical minerals collab

    K. Warner, Metal Tech News|Updated Jul 9, 2024

    Countries combine interests in security, defense, and the growing need for raw materials and processing for the oncoming energy transition. Australia is expanding its cooperation with India on critical minerals, batteries, and electric vehicles, batteries. Critical minerals such as copper, cobalt, lithium, nickel, and rare earth elements are essential components in today's rapidly growing clean energy technologies, from adapting power grids to powering EVs. Both countries have... Full story

  • Illustration of an electric monorail hauling rocks up a slope at a mine.

    RIINO ore haulage monorail to make debut

    Shane Lasley, Metal Tech News|Updated Jul 8, 2024

    Autonomous, zero-emissions ore haulage system to be showcased at Ontario rock quarry test site. Replacing the diesel haul trucks that currently do the heavy lifting at most mines is the largest hurdle to overcome when it comes to achieving the net-zero emissions goals of mining companies. An electric ore hauling monorail being developed by Canadian mining tech startup RIINO Inc. could provide an efficient zero-emissions solution to the diesel ore haulage dilemma. Having... Full story

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