The Elements of Innovation Discovered
The Elements of Innovation Discovered
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S&P Global study details enormous energy transition metals demand in the US; significant supply challenges at home, abroad. The United States has "considerable challenges" to overcome when it comes to securing enough critical minerals and copper to meet the increased energy transition-related demands being driven by the Inflation Reduction Act, according to analysis by S&P Global. Detailed in a new 111-page report – Inflation Reduction Act: Impact on North America Metals a...
Announces $1.1B solar plant in the Bayou State; adds more demand for critical tellurium. In a boost for American-made tellurium-based solar technology, First Solar Inc. has selected Louisiana as the location for a $1.1 billion manufacturing plant with the capacity to produce 3.5 gigawatts of the company's thin-film cadmium-telluride (CdTe) solar panels per year. "We are pleased to partner with Louisiana as we lean into our commitment to creating enduring value for America by e...
Helping to spur the production of critical minerals around the world, TechMet Ltd. announced the closing of its latest $200 million in equity funding to further invigorate its incredible lineup of technology metal assets around the globe. Founded in 2017, TechMet is a capital investment firm focused on building businesses across the critical minerals value chain from mining to processing, recycling, and battery component manufacturing. In the past year, TechMet has already inv...
U.S. policymakers have become increasingly concerned about overreliance on China for the minerals and metals essential to clean energy technologies. Today China controls roughly one-third of the global market for critical minerals and rare earth elements, and several countries, including Australia, are making strides toward developing robust domestic resource extraction and processing industries of their own in response. To take advantage of recent federal tax credits for elec...
Shining a spotlight on a provider of the metals needed for the lithium batteries powering America's clean energy technologies, American Battery Technology Company announced a visit from representatives from the White House. "We are proud to be part of the Nevada community that is at the forefront of working to build the domestic lithium-ion battery supply chain," said American Battery Technology Company CEO Ryan Melsert. Visiting ABTC's facility in Northern Nevada, National...
As first step in a 3-phase strategy to upgrade Elk Creek scandium to Al-Sc master alloy at commercial scale. The need for durable and lightweight alloys for electric vehicles, mass transit systems, military hardware, and aerospace is driving increasing interest in establishing commercial production of aluminum-scandium master alloy in the United States. NioCorp Developments Ltd.'s Elk Creek deposit in Nebraska offers an important domestic source of the critical metal...
Rio Tinto to build largest solar plant in Canada's North at diamond mine. Signaling its commitment to clean renewable energy, mining powerhouse Rio Tinto announced its intention to construct the largest solar power plant in Canada's North at its Diavik Diamond Mine – more than 6,600 solar panels that are expected to provide up to 25% of the electricity needed at this iconic operation in Northwest Territories. "I am delighted that we will be significantly increasing our renewab...
