The Elements of Innovation Discovered
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First Cobalt Corp. Sept. 3 announced the completion of a US$45 million financing that will help fund the upgrade and expansion of its battery-grade cobalt sulfate refinery in Canada. "With the completion of this financing, the First Cobalt project team can now accelerate long lead equipment orders for our Canadian battery materials refinery as we pursue our vision of becoming the most sustainable producer of battery materials," said Trent Mell, president and CEO of First...
Research and technology firm IDTechEx has recently released a detailed report projecting the future of solid-state batteries and its potential to reach a market size of over $8 billion by 2031. Commercialized in 1991, the lithium-ion battery quickly became the mainstay for portable energy needs, and as electronics have continued to shrink, the need for mobility has only managed to grow. However, their worldwide success and diffusion in consumer electronics and now electric veh...
Working in partnership with Austria-based Enerox GmbH, US Vanadium Holding Company LLC is expanding its capacity to produce ultra-high-purity vanadium electrolyte at its facility in Hot Springs, Arkansas. Enerox recently entered into a contract to purchase 580,000 liters of the ultra-high-purity electrolyte produced by US Vanadium for vanadium redox flow batteries the European manufacturer sells under the brand name CellCube. US Vanadium says this contract is believed to be...
GoldSpot Discoveries Corp. Sept. 7 announced the results of its property-wide comprehensive data review, compilation, and target generation on Critical Elements Lithium Corp.s' New Blocks 1-6 and 7 claims within the prolific Nemiscau greenstone belt in James Bay, Quebec. Aspiring to be a large-scale, responsible supplier of lithium to the burgeoning EV and energy storage systems industries, Critical Elements Lithium is advancing its wholly-owned, high-purity Rose...
3D Systems recently announced it has added two new alloys to its material portfolio specifically designed to yield high-strength, corrosion-resistant parts when used with its proprietary Direct Metal Printing platform. Based out of South Carolina, 3D Systems has been providing additive manufacturing solutions for over 20 years. Engineering, manufacturing and selling 3D printers, materials, scanners, and services, 3D Systems originally pioneered one of the earliest forms of 3D...
As NASA prepares for Artemis, which will establish an outpost on the Moon in preparation to send humans to Mars, at least some of the next generation of astronauts will need to have a discerning eye for lunar geology. The European Space Agency's Pangaea training campaign is equipping some of the top candidates for future lunar missions with a basic course in Moon geology. Pangaea, designed to provide astronauts with the fundamental knowledge and practical skills to be...
US Vanadium Holding Company LLC Sept. 7 announced that it has secured a five-year supply of feed material for its vanadium oxide and electrolyte production facility in Hot Springs, Arkansas. US Vanadium will recover vanadium from this feed material, sourced from India, and process it into high-purity vanadium oxide and downstream vanadium chemicals, an ultra-high-purity electrolyte for vanadium redox flow batteries. This is in addition to the company's vanadium feedstock strea... Full story
With renewable energy and electric vehicles driving enormous new demand, the United States Department of Energy is investing $30 million into 13 projects to develop new technologies that will help secure the supply of critical materials such as cobalt, platinum group metals, and rare earth elements needed to build clean energy technologies. The selected national lab- and university-led research projects aim to diversify the supply of, develop substitutes for, and improve the... Full story