The Elements of Innovation Discovered

Articles from the November 29, 2023 edition

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  • Computer rendering of the Stardust Power lithium refinery plant.

    Lithium firm Stardust Power to go public

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

    Company to build Oklahoma refinery that will provide a domestic supply of battery-grade lithium for EVS. Marking a major milestone on its quest to curb America's reliance on China for a battery material critical to transitioning to low-carbon energy and transportation, Stardust Power Inc. has finalized a deal valued at $490 million that will list the emerging domestic lithium refiner on the Nasdaq stock exchange. "Stardust Power aims to solve one of the largest challenges of t...

  • Rows of solar panels and wind turbines along the bank of a river.

    The energy transition mines of tomorrow

    K. Warner, For Metal Tech News|Updated Dec 16, 2023

    The ages of human history have been defined from stone to iron, from hunting to husbandry, and from industry to information. The latest change has come not through any one revolutionary commodity or tool but in an overall shift from resource consumption to one of stewardship. "The argument could be made that, with the clean energy transition, we're exchanging a fossil fuel-based energy system with a metals-based energy system," said Scott Odell, MIT Environmental Solutions...

  • 3D rendering of Rock Tech Lithium’s future Germany lithium refinery.

    Electra signs lithium deal with Rock Tech

    A.J. Roan, Metal Tech News|Updated Dec 16, 2023

    Embarking on the initial transformative steps toward sustainability along the supply chain, Electra Battery Materials Corp. announced the signing of a memorandum of understanding with Rock Tech Lithium Inc. for the development of a partnership to supply recycled lithium from Electra's Battery Materials Park in Ontario to then be upgraded to battery-grade lithium at Rock Tech refineries. "Partnering with Rock Tech, a leading lithium development company with assets in Europe...

  • A Wabtec battery-electric motor painted pink for breast cancer awareness.

    Electrifying mining's green revolution

    Shane Lasley, Metal Tech News|Updated Dec 16, 2023

    With no Plan(et) B, Wabtec is pushing ahead with tech to electrify trains and trucks for net-zero emissions mines. From electric trains delivering Western Australia iron ore to the next generation of zero-emissions mining trucks, Wabtec Corp. is committed to providing the decarbonizing electrification solutions that will allow the mining industry to achieve net-zero emissions by 2050. "What we are working on today is making sure that all of our solutions are geared towards... Full story

  • A geologist uses a hammer to break off rocks to sample for critical minerals.

    USGS invests millions in critical minerals

    Shane Lasley, Metal Tech News|Updated Dec 16, 2023

    In 2023 alone, the federal geological survey invested $51M into Earth MRI scans of 35 states as part of a nationwide critical minerals search. From rare earths in Northern Maine to lithium in Southern California and titanium in Florida to 29 critical minerals in Alaska, the United States Geological Survey is investing heavily in strengthening domestic supply chains for the 50 minerals and metals critical to every sector of the American economy. This nationwide search for...

  • ExxonMobil and American flags flying in front of skyscrapers.

    Does lithium boom loom on US horizon?

    Rose Ragsdale, For Metal Tech News|Updated Dec 16, 2023

    The start of ExxonMobil's new lithium production unit in southwestern Arkansas in mid-November highlights rapidly growing industry interest in producing the white mineral from the briny aquifers that proliferate in this region of the United States. Lithium is a crucial component in the manufacture of batteries needed for electric vehicles, and demand for the white mineral is projected to quadruple by 2030. ExxonMobil said its new unit is expected to begin producing the white...

  • Vials of recycled neodymium and praseodymium from Geomega’s technology.

    Geomega secures more REE recycling funds

    A.J. Roan, Metal Tech News|Updated Dec 16, 2023

    Garnering another roughly C$2 million in funding toward the development of its rare earths recycling demonstration plant to be built in Saint-Hubert, Quebec, to date, Geomega Resources Inc. has accumulated over C$10 million in the last year alone. Provided by Next Generation Manufacturing Canada (NGen), this round of funding is part of a total envelope of roughly C$2.96 million awarded to Geomega and a private Quebec-based research and development company to perform a project...