The Elements of Innovation Discovered
The Elements of Innovation Discovered
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In-Q-Tel, GM, and TechMet support Series B financing for lithium battery cathode materials tech company. In-Q-Tel, a strategic investor that connects the intelligence community for the United States and its allies to technological solutions, has joined General Motors, TechMet Mercuria, and others in supporting Mitra Chem's $60 million Series B round of financing to advance a battery materials platform that will curb the United States' reliance on other nations for its...
From being the priciest and hardest-to-come-by, lithium-ion battery metal during the budding energy transition to a massive surplus and wavering demand, cobalt mining has had a nail-biting year as sales have stalled and prices have begun to fall (global benchmark cobalt prices have dropped by more than half since May of last year). Cobalt is a lustrous ferromagnetic metal with a high melting point used increasingly in renewable energy technologies, such as wind turbines and...
In spite of the growing need for domestic supplies of critical battery materials to power zero-carbon energy technologies, Li-Cycle Holdings Corp. announced a pause in construction of its planned Rochester recycling hub due to escalating costs the U.S. is presently facing. Established in Ontario, Canada, Li-Cycle has developed a method to safely and sustainably recycle spent lithium-ion batteries with its unique proprietary solvent extraction process that will be employed via...
Hoping to reinvigorate its area and promote economic growth in the form of next-generation battery manufacturing, the city of Marion, Indiana, has issued $44.9 million in incentives for American Resources Corp. to construct its state-of-the-art commercial-scale lithium, critical minerals, and rare earth elements refining facility utilizing its ReElement chromatography technology. American Resources subsidiary ReElement Technologies carefully analyzed and examined several...
Buys a rock quarry in Finland to test next-gen surface drilling tech in a real-world mine environment. To further support its endeavors to develop the next generation of electrified and autonomous mining equipment, Sandvik has acquired an open pit mine site in Finland to ready new drilling technologies for real-world applications. "Testing is a major part of our R&D cycle. This new test mine will help us shorten time to market and verify even more swiftly that we're...
Contributing to the ongoing war effort in Ukraine, Australia-based SPEE3D, in collaboration with the U.S. Department of Defense via the Ukraine Security Assistance Initiative, will provide the war-torn country with seven of its WarpSPEE3D metal 3D printers to support the fight against Russia's invasion. "We're focused on giving Ukrainian soldiers resources to fortify the maintenance and repair capabilities when and where it counts most," said SPEE3D Vice President of Defence...
Liquid metal again displays an almost magical ability to become a catalyst for lowering CO2 in the atmosphere A liquid metal with semiconductor properties that make it an essential ingredient in next-generation smartphones, telecommunication networks, and solar technologies, gallium already lives at the edge of science fiction and science reality. Working at this threshold, Australian scientists are demonstrating that gallium may also be a major catalyst for the green energy f... Full story
