The Elements of Innovation Discovered

Articles from the November 15, 2023 edition

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  • Pile of grey powder for use in the cathodes of iron-based lithium batteries.

    Mitra Chem raises $60M for battery tech

    Shane Lasley, Metal Tech News|Updated Feb 16, 2024

    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...

  • Visual Capitalist infograph on global cobalt production.

    Cobalt crashes – will it rise again?

    K. Warner, For Metal Tech News|Updated Nov 23, 2023

    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...

  • Aerial of the Rochester Hub being constructed in New York.

    Inflation squeezes Li-Cycle recycling hub

    A.J. Roan, Metal Tech News|Updated Nov 23, 2023

    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...

  • Vehicles parked in front of the former RCA Thomson plant.

    ReElement receives $44.9M Indiana bond

    A.J. Roan, Metal Tech News|Updated Nov 23, 2023

    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...

  • Sandvik drills being tested at a rock quarry near Tampere, Finland.

    Sandvik has new surface drill test mine

    Shane Lasley, Metal Tech News|Updated Nov 23, 2023

    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...

  • A truck hauling a SPEE3D metal 3D printer built into a Conex.

    WarpSPEE3D printers deployed to Ukraine

    A.J. Roan, Metal Tech News|Updated Nov 23, 2023

    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...

  • Closeup of the silvery crystalline structures of gallium in its solid state.

    Gallium: A catalyst for the green future

    Shane Lasley, Metal Tech News|Updated Nov 13, 2023

    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