The Elements of Innovation Discovered
The Elements of Innovation Discovered
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President Donald Trump has declared America's heavy reliance on adversarial nations for critical minerals a national emergency that threatens the security, foreign policy, and economy of the United States. The President made this emergency declaration in the Sept. 30 "Executive order on addressing the threat to the domestic supply chain from reliance on critical minerals from foreign adversaries." Trump says, "a strong America cannot be dependent on imports from foreign advers...
Seeking to alleviate the United States' heavy reliance on China for its supply of the rare earth elements needed for a broad range of high-tech applications, Ucore Rare Metals Inc. has rolled out a strategy to begin producing REEs in Alaska in three years. Dubbed Alaska2023, this business plan aims to build the Alaska Strategic Metals Complex, a commercial-scale RapidSX rare earths separation and purification plant in Southeast Alaska, by 2023. This processing facility is the...
Sandvik has added its name to a group of Swedish mining, equipment, and technology companies working together to create the digitized, autonomous, and carbon dioxide-free mine of the 21st century. Already leading the global charge when it comes to the development of autonomous and electric powered underground mining equipment, Sandvik has join Sustainable Underground Mining, a collaboration put together by Swedish iron miner LKAB in 2018. LKAB put together this group known as...
Towards its strategic transformation into a premium mining technology products and services company, Weir Group PLC Oct. 5 announced it is selling its entire oil and gas division to Caterpillar Inc. for US$405 million in cash. Combined with its sale of its downstream oil and gas division in 2019, the Caterpillar transaction will complete Weir's strategic exit from the petroleum sector. "We are pleased to have reached this agreement that delivers a great home for the oil & gas...
Innovation Metals Corp. said it is on pace to have a pilot plant ready to demonstrate RapidSX rare earth element separation technology by mid-2021. RapidSX, a proprietary technology developed by Innovation Metals is being commercialized for the cost-effective bulk separation and purification of rare earths, as well as the critical battery metals lithium, nickel, and cobalt. Rare earths are a group of 17 elements – 15 lanthanide elements that occupy their own row near the b...
