The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Already positioned to be the first North American producer of the battery-grade cobalt being demanded by a rapidly growing electric vehicles market, First Cobalt Corp. has been awarded $600,000 in funding from the US Department of Energy's Critical Materials Institute for research on innovative techniques for recovering the cobalt and copper from its Iron Creek project in Idaho. Being matched equally by funds from First Cobalt, this $1.2 million interdisciplinary research...
With the current global shift toward sustainability, organizations, cities, and even countries are priming themselves to embrace the change. In particular, Canada's Ontario has unveiled plans to develop its first-ever critical minerals strategy and has already made good headway to set the province as a focal point for delivering valuable materials to the entire world. "By developing this strategy, we will strengthen Ontario's position as one of North America's premier...
Ucore Rare Metals Inc. anticipates that the RapidSX rare earths and critical metals separation technology being developed by its subsidiary, Innovation Metals Corp., will be ready for commercial adoption and implementation by Ucore and licensees of the REE separation technology in about 15 months. RapidSX is not so much a new technology as an enormous upgrade to the conventional solvent extraction technology that has been the standard for separating rare earths for more than...
Chains are only as strong as their weakest link, and two United States federal agencies have determined that cobalt is the weak link in North America's electric vehicle supply chain. First Cobalt Corp. is doing its part to strengthen this link by delivering the cobalt sulfate needed for the lithium-ion batteries that power EVs from its refinery in Ontario and exploring its cobalt-rich Iron Creek project in Idaho. With the First Cobalt refinery in Canada on pace to begin...
The envisioned green future where every North American is driving a battery-powered electric vehicle charged with renewable energy could be undermined by cobalt, a somewhat scarce and controversial metal that makes lithium-ion batteries better. "Cobalt is considered the highest material supply chain risk for electric vehicles in the short and medium term," the U.S. Department of Energy penned in an April report. This risk has automakers, lithium-ion battery manufacturers, and...
Amongst the rarest of the stable elements on the periodic table and an important ingredient in the emerging thin-film solar panel sector, tellurium embodies what it means to be a critical metalloid – an element that possesses the properties of both a metal and non-metal. "Most rocks contain an average of about 3 parts per billion tellurium, making it rarer than the rare earth elements and eight times less abundant than gold," the United States Geological Survey wrote in a 2...
