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Summit spotlights Saskatoon as an emerging rare earths hub in North America Saskatoon, a small city in the heart of the Canadian province of Saskatchewan, is emerging as the master link in a North American rare earth supply chain with connections in Canada, Australia, Europe, and the United States. This city of just over 300,000 people on the Canadian Prairies is not gaining notoriety as a major North American rare earth hub due to rich deposits of this suite of 15 enigmatic... Full story
Proposed merger with GXII would provide Nasdaq listing, access to cash for Elk Creek. To fund the development of a mine at its Elk Creek project in Nebraska that produces niobium, rare earths, and other metals critical to American industry, NioCorp Developments Ltd. is merging with GX Acquisition Corp. II, a blank check corporation with nearly US$300 million in the bank and a Nasdaq stock exchange listing that will make access to additional capital possible. In fact, NioCorp... Full story
When Ontario unveiled its critical minerals strategy earlier this year, the idea was to leverage the rich mineral endowment in the northern reaches of the province and the established manufacturing in the south to attract investment from some of the biggest names along the electric vehicle supply chain. With LG Energy Solution, one of the world's largest lithium-ion battery companies, inking two deals to source battery-grade cobalt and lithium from the province, it seems that...
Playing the long game, General Motors Co. announced a strategic investment with Quebec-based Lithion Recycling Inc. to support the automaker's pursuit of an eventual circular battery ecosystem using Lithion's advanced battery recycling technology. Touting a battery recovery rate of over 95% and utilizing the clean and green infrastructure already established in Quebec, Lithion's operations will supply GM with recycled materials that have little environmental impact – s...
To speed the discovery of nickel needed in enormous quantities for the lithium-ion batteries powering the electric vehicle revolution, Talon Metals Corp. is piloting Fleet Space Technologies' ExoSphere satellite-enabled geophysics system. Fleet's ExoSphere system utilizes a combination of lightweight earthbound geophones, edge computing, and a constellation of low-earth-orbit nanosatellites to quickly and efficiently scan the Earth for potential mineral deposits buried...
Researchers from the Pacific Northwest National Laboratory and University of Washington have dicovered a simple way to extract what could be considered one of the most critical minerals to the United States and European Union, magnesium. Since ancient times, Mankind has extracted salts from the ocean. While table salt is the easiest to obtain, seawater is a rich source of different minerals, and scientists have long been exploring the possibility of isolating specific...
Autonomous Cat mining trucks surpass 5 billion metric ton mark Accelerating at an accelerating rate, Caterpillar Inc.'s mighty mining trucks have now autonomously hauled 5 billion metric tons of material at mines around the globe. This self-driving milestone comes just nine months after the "Yellow Iron" manufacturer reported that its trucks equipped with Cat MineStar Command for hauling surpassed the 4-billion-metric-ton mark. Currently, more than 550 mining trucks are...