The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Electric vehicles are a major player in the decarbonization of the global transport sector. The industry is under pressure to seek the shortest, most profitable route to a renewable future, which puts its most expensive asset – battery production – at risk of potentially redistributing rather than neutralizing carbon usage. Nowhere is this pressure more acute than in the growing demand for a more sustainable and scalable battery lifecycle. Due to roughly 15 years of ope...
Using a technology initially intended to recover rare earths from recycled magnets, Geomega Resources Inc. subsidiary Innord Inc. has received sizable funding toward an unexpected benefit of the technology, to extract value from and reduce the environmental footprint of aluminum waste from refineries. Awarded a C$1.5 million funding from Sustainable Development Technology Canada, this accelerates Geomega's plans toward the construction of a pilot plant and the completion of a...
Developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials, Geomega Resources Inc. announced it has been awarded a C$3 million grant from the Technoclimat Program toward the construction of a magnet recycling demonstration plant. "We are very grateful to the Quebec Government for their support of our project," said Geomega Resources President and CEO Kiril Mugerman. "Furthermore, the Quebec Government understands that to...
Coal ash, acid drainage, and tailings for future green economy As the world continues to prime itself for the global energy shift, academia, governments and the private sector are scrambling to extract the valuable minerals and metals necessary to power the low-carbon renewable future – resulting in some truly innovative and unconventional methods. In addition to the rare earths, cobalt, lithium, and other technology metals that capture headline attention, this list often miss...
After receiving C$4 million in funding toward a pilot plant and feasibility study for the sustainable recovery of iron and critical minerals from aluminum waste, Geomega Resources Inc. has entered into a development agreement with partner Rio Tinto that provides C$1 million to complete proof-of-concept work being carried out by Geomega subsidiary Innord Inc. As the largest aluminum producer in North America, Rio Tinto has agreed to begin evaluating in parallel with Innord,...
Though originally developed to recover rare earths from recycled magnets and potential ore from its Montviel REE deposit in Quebec, Geomega Resources Inc.'s rare earths and critical minerals extraction technology may draw value from and reduce the environmental footprint of bauxite residues piling up at aluminum refineries. Innord, a subsidiary of Geomega focused on developing solutions to large industrial mine waste challenges with its technology to extract critical...
Penn State scientists have developed a process that could transform acid mine drainage from an environmental liability that is costly to an asset that produces rare earths and other valuable minerals. "We are currently incurring costs just to treat the water, and in many cases, we are not even collecting all these minerals," said Sarma Pisupati, professor of energy and mineral engineering at Penn State. "Now we are able to turn what had been considered a waste product into a v...
From electric vehicles plugged into renewable energy to smartphones connected to 5G networks, new technologies take advantage of the special properties of a suite of critical minerals and metals that are often rare and in short supply. In addition to the rare earths, cobalt, lithium, and other technology metals that capture headline attention, this list includes even more obscure mined materials such as gallium, germanium, scandium, and tellurium. While scarce, these critical...
