The Elements of Innovation Discovered
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Massive geothermal lithium reserves give U.S. leverage while superpowers employ protectionist measures around supply chains. There's a new international race, not into space or to establish military superiority, but to secure critical minerals in a worldwide resource grab for the feedstocks that will fuel a global green energy transition. While we're all on the same side – or, in this case, the same planet – the superpowers have been at odds with how to achieve net-zero car...
Pair of minerals offers potential to lower carbon emissions from mining nickel at Baptiste deposit. The prospect of producing low-carbon nickel needed for lithium-ion batteries and stainless steel at FPX Nickel Corp.'s Baptiste project in central British Columbia has captured the attention of a broad array of global corporations and investors. A road-accessible project about three miles (five kilometers) from rail connected to the deep-water port at Prince Rupert, B.C., the...
Reshoring mineral supply chains lost to globalization is a key part of DOD National Defense Industrial Strategy The urgency to onshore critical mineral supply chains in the United States has begun to shift away from a need to secure reliable sources of the minerals and metals needed to support the nation's economy and clean energy ambitions toward the need for these same mined commodities to defend American ideals and interests at home and abroad. "Establishing a fully...
On Dec. 12, 2015, delegates from almost every country on the planet signed a landmark climate accord, the Paris Agreement, that united more than 190 parties in support of a legally binding treaty pledging to drive the overall planetary temperature down by slashing the use of fossil fuels and adopting solutions for a massive transition to renewable energy and green transportation. This requires extensive economic and social transformation, measured in five-year cycles of...
Komatsu will use ABS batteries in its expanding line of electric mining equipment; ABS will operate as a separate entity. In a significant move for future battery manufacturing in the United States, Komatsu Ltd., through its United States-based subsidiary Komatsu America, has cut a deal to acquire American Battery Solutions Inc. Located in the heart of the U.S. automotive industry, American Battery Solutions was founded in 2019 by long-time battery industry pioneer Subhash...
A flurry of industry partnerships on battery material projects followed landmark alliance between nations. In a move that aligns Canada's rich minerals endowment with Japan's battery-making expertise, the two countries have entered into a historic battery supply chain agreement. "Canada and Japan are committed to advancing our shared ambitions to develop sustainable and reliable global battery supply chains," said Canada Minister of Innovation, Science, and Industry...
Data Mine North launched the first edition of Critical Minerals Alliances in 2021 with the hopes that this annual magazine would play some small role in helping to build alliances "that are not crippled by irreconcilable differences between organizations and individuals that do not always see eye-to-eye but strengthened by a spectrum of ideologies with a common goal – a healthy, prosperous, and exciting future for humankind." Today, the alliances envisioned by the Data Mine N...
Every electric vehicle rolling off an assembly line increases the demand for graphite by an average of around 160 pounds. With more than 30 million EVs expected to hit global highways each year by 2030 and upwards of 45 million by 2045, the transition to e-mobility will require up to eight times more graphite than was mined globally during 2022. While graphite has not received the attention of other EV battery ingredients such as cobalt, lithium, and nickel, this highly...
Aluminum has been classified as critical by the United States, European Union, Canada, and even China. At first glance, one may wonder how such a ubiquitous metal could possibly be critical. The answer is simply that aluminum is so widely used that supply, if endangered, could devastate an economy. In 2020, the World Bank identified aluminum as a "high-impact" and "cross-cutting" metal in all existing and potential green technologies. In spite of this, due to high energy...
There is nearly a $1 trillion chasm between where the United States' lithium battery supply chain is today and where it needs to be by 2035 in order to build the envisioned green energy future where electric vehicles are charged with low-carbon energy. Roughly 40% of this investment will need to go toward ensuring there is a plentiful supply of cobalt, graphite, lithium, nickel, and other battery materials. Simon Moores, CEO of Benchmark Mineral Intelligence and one of the...
Still overshadowed by lithium but no less significant, cobalt falls within a unique category as a critical mineral not only for its properties but also for its controversial supply. As a fundamental component necessary for nickel-cobalt-manganese (NMC) lithium-ion batteries, cobalt warranted its place as a critical mineral vital to the zero-carbon transition due to the necessity of those batteries to power a clean, emission-free future. Its critical uses, however, go far...
Urges the mining industry to build goodwill and trust to survive societal, geopolitical, and new technology megatrends in a changing world. Newmont President and CEO Tom Palmer did not waste his keynote address at the Minerals Week 2023 gathering in Australia to tout the many achievements of the world's largest gold mining company he leads. Instead, he delivered a powerful and sometimes foreboding message to the mining leaders in the room and around the world about the...
Automaker funds will support the production of green lithium in California; CTR plans to ship first batch in 2027. To support what will be an important American supply of green lithium for the batteries that will power its growing line of electric vehicles, Stellantis has agreed to invest $100 million to advance the development of Controlled Thermal Resources' Hell's Kitchen geothermal lithium project in the Salton Sea area of Southern California. "This substantial investment...
Latin American countries collectively hold over 50% of the world's identified raw lithium. These resource-rich nations have begun asserting that they will no longer accept extractive international trade relationships-hoping to leverage this natural wealth of a suddenly in-demand mineral to bolster the region's development and encourage the growth of specialized industries and clean energy infrastructure. "We don't want to sell lithium to Europe ... we want to sell lithium vehi...
Second US battery gigafactory to be built under a JV with Samsung SDI powers Stellantis' electric ambitions in North America. Adding to the skyrocketing demand for lithium battery materials, global automaker Stellantis and battery manufacturer Samsung SDI have agreed to build a second gigafactory in the United States. The newest facility to be constructed under the StarPlus Energy joint venture forged between the two companies last May is slated to have the capacity to...
Global automaker signs deal to buy future cobalt and nickel from early-staged projects at historical mines in southern Norway. To help ensure that it has future supplies of the nickel and cobalt that will be needed for the electric vehicles produced by Alfa Romero, Maserati, Peugeot, and its other European brands, Stellantis has signed an offtake agreement to buy 35% of the future nickel sulfate and cobalt sulfate produced from Kuniko Ltd.'s mineral exploration projects in Nor...
With mining for critical minerals like cobalt embattled on many fronts, the preference for fair trade options, need for source transparency, and massive investments in battery recycling infrastructure are being keenly felt. To meet demand, two ReSource electric vehicle (EV) battery passport pilots were successfully issued in January by the Global Battery Alliance (GBA) and its founding consortium of China Molybdenum (CMOC) mining group, Eurasian Resources Group (ERG),...
Global automaker signs deal to buy EV battery metals from future mine. In a deal that shows that global automakers need more battery materials to meet their electric vehicle ambitions than is currently available, Stellantis has signed a binding offtake agreement for nickel and cobalt from a Western Australia mine that has yet to be developed and is investing directly into the junior mining company behind the development project. Under the deal, Stellantis has agreed to...
With the world-class deposits already found within its borders, the United States has the potential to be a major global producer of copper, lithium, and the other minerals and metals critical to the clean energy transition. Realizing this potential, however, will require reserves of political will in Washington, DC, that match the nation's domestic energy metals endowment, according to R Street Institute. "Despite political rhetoric and policies promoting the use of domestic...
Li-Bridge alliance unveils blueprint to build resilient US lithium battery supply chain. A wide chasm lies between where the United States is today and securing the lithium battery mineral resources and manufacturing capacity required to achieve ambitious visions of a green energy future where electric vehicles are charged with low-carbon energy. An alliance of America's national laboratories and more than 40 companies representing the entire lithium battery supply chain have...
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...
To encourage greater transparency in the inevitable battery-powered world, Ford Motor Company has partnered with Everledger to deliver the world's first passport pilot for the responsible recycling of electric vehicle batteries. Founded in 2015, Everledger is an independent technology company that aims to help businesses monitor asset information with various security technologies, such as blockchain, artificial intelligence, smart labeling with near field communication (NFC)...
Tesla and other automakers clamor for nickel suppliers with low CO2 footprint Tesla CEO Elon Musk's 2020 appeal to "please mine more nickel" served as a rallying cry for mining companies with projects positioned to deliver this critical battery metal into global markets. Going into 2022, however, the electric vehicle trailblazer's words were echoing in nearly empty warehouses as the lithium-ion batteries that power EVs are demanding more nickel than global miners can supply....
In a collaborative twist, automotive giant Honda Motor Co. Ltd. announced an agreement with Sony Group Corp. to explore the possibility of forming a strategic alliance aiming to create a new era of high value-added battery electric vehicles and commercialize them in conjunction with providing mobility services. While it may seem strange for the monolithic entertainment company that has brought into the world things like the Playstation and the original Spiderman movies, Sony...
Joining the trend of world-class automakers reshaping their entire focus on a zero-carbon future, Nissan Motor Co. Ltd. has unveiled Nissan Ambition 2030, a vision for delivering exciting electric vehicles and technologies over the coming decade. "The role of companies to address societal needs is increasingly heightened," said Nissan CEO Makoto Uchida. "With Nissan Ambition 2030, we will drive the new age of electrification, advance technologies to reduce carbon footprint...