The Elements of Innovation Discovered
The Elements of Innovation Discovered
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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...
Five years ago, Maine native Mary Freeman and her husband Gary went gem-hunting for tourmaline on their property in the woods of Plumbago Mountain. Instead of the popular semiprecious stone they were seeking, they discovered what appears to be the richest known hard rock lithium deposit in the world – a formation of gigantic lithium-bearing spodumene crystals with an estimated value of $1.5 billion. The timing of their discovery, officially called Plumbago North, is fortuitous...
Rio Tinto and Sumitomo Corp. have teamed up to build a demonstration plant aimed at reducing greenhouse gas emissions from the production of aluminum. The A$111.1 million (US$73.9 million) pilot project, the first of its kind deployment of hydrogen calcination in the world, will be built in Australia at the Yarwun Alumina Refinery in Gladstone, Queensland. The project, co-sponsored by the Australian Renewable Energy Agency (ARENA), which contributed A$32.1 million (US$21.3 mil...
Possible Nobel Prize-winning invention has the wider science community in a frenzy; initial claims shrouded with skepticism. If you follow any kind of cutting-edge, pioneering, and borderline science fiction-level technology news, you may have come across LK-99. What had started as a likely dubious claim by more doubtful researchers has become a veritable online race for a room-temperature superconductor that, by the apparent furious attempts to replicate the claims, lends...
Heavy investment in mining required to ensure enough raw materials are fed to EV battery gigafactories; key to energy future. Benchmark Minerals Intelligence cautions that the gigafactories being erected around the world will be "about as useful as grain silos" unless hundreds of billions of dollars are invested in ensuring that there are plentiful supplies of the cobalt, graphite, lithium, manganese, nickel, and other raw materials these factories require to manufacture the...
The International Energy Agency's Inaugural Critical Minerals Market Review provides insights into the progress made, challenges ahead. The International Energy Agency is cautiously optimistic about the progress made so far along the expanding supply chains for the minerals critical to electric vehicles and renewable energy. Like the global energy markets it represents, the IEA is transitioning its analysis and policy advocacy toward the clean energy future, and now provides...
ExxonMobil's latest carbon capture and storage (CCS) agreement is with one of North America's largest steel producers, Nucor Corp. North Carolina-based Nucor produces steel products that go into industrial and domestic goods such as automobiles, appliances, and heavy equipment. Steelmaking, however, is an energy-intensive endeavor that accounts for roughly 7% of global carbon dioxide emissions. Nucor has set in motion a multi-pronged strategy to reduce the carbon footprint of...
With mass production of batteries that store intermittent renewable energy and power electric vehicles being a vital component of the envisioned clean energy future, the Biden administration has authorized use of the Defense Production Act to bolster American supplies of these critical battery minerals and materials. "Specifically, the DPA will be authorized to support the production and processing of minerals and materials used for large capacity batteries – such as l...
In a move to fund research and build alliances across America's lithium battery supply chain, the U.S. Department of Energy is providing $209 million for 26 new national laboratory research projects focused on electric vehicles and the next generation of advanced batteries that will power them. "President Biden's administration wants to make it easier for millions of American families and businesses to make the switch to electric vehicles," said Secretary of Energy Jennifer...
Tech metalloid boasts superior semiconductor, optical qualities From NASA's Gateway space station that will serve as a critical outpost circling the Moon to more down-to-Earth applications such as quantum computers that are millions of times faster than their classical counterparts and fiber optic cables that send data at the speed of light, germanium is among the techiest of the tech metals. "The extensive use of germanium for military and commercial applications has made it...
A blue-collar metal that is vital to weatherizing envisioned green energy future Critical minerals are typically thought of as obscure rare earth elements cloaked in geopolitical intrigue, or exciting metals and metalloids that have risen to stardom due to the special properties they bring to cutting-edge technologies such as quantum computing, smartphones, renewable energy, and electric vehicles. Zinc – a blue-collar metal better known for galvanizing guardrails, light p...
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....
Rare earth elements suffer from a crisis of identity. Often referred to and treated as one commodity, REEs are actually a group of 15 elements – each with its own individual and seemingly magical qualities. "There are literally hundreds of uses for rare earths – they are unique materials, almost alchemistical magic," said Michael Silver, CEO of American Elements, a Los Angeles-based distributor of rare earths and thousands of other advanced materials. The almost mystical pro...
Electric Vehicles require six times the minerals than their fossil fuel forebearers With even the most basic models boasting sophisticated driver-assist, navigation, infotainment, diagnostics, and other advanced digital systems being fed power from oversized versions of the lithium-ion batteries found in your laptop or smartphone, electric vehicles are becoming personal computers that you can drive. While this puts a whole new spin on the term mobile computing, riding around i...
Supply, demand, and risks to the US supply chain define criticality Metaphorically speaking, critical minerals are not set in stone. Instead, the criticality of these basic building blocks of modern society shifts with the demands for any given mineral, the ability of the mining sector to keep pace with that demand, and the geopolitics of where that supply comes from. "Mineral criticality is not static, but changes over time," said Steven Fortier, director of the National...
Magnet rare earths transform motion to energy; and energy to motion and music While all 15 of the rare earths have special properties that have been called magical, alchemistical, and futuristic, seven of these elements are imbued with a powerful magnetism that is hard to resist when it comes to creating a high-tech future powered by clean energy. The magnetic qualities of these rare earths – praseodymium, neodymium, samarium, gadolinium, terbium, dysprosium, and holmium – are...
The U.S. Geological Survey has unveiled a proposed list of 50 minerals and metals critical to the United States. While this seems to be a major jump over the 35 critical minerals on the original list published in 2018, most of the increase is from a much-needed breakdown of the rare earth elements and platinum group metals. Listed as a single commodity on the 2018 critical minerals list, rare earths are a group of 15 individual elements, each with their own properties, uses,...
Looking to secure the materials required for the lithium batteries that will deliver power to more than 2 million electric vehicles per year by 2026, Ford Motor Company is adding the clout of its Blue Oval emblem to mining companies and projects that can offer low-carbon supplies of the aluminum, battery materials, and copper needed to build its envisioned e-mobility future. "Ford's new electric vehicle lineup has generated huge enthusiasm and demand, and now we are putting...
The International Energy Agency warns that traffic jams threaten the clean energy future. Not on global highways congested with electric vehicles, nor in lines of these EVs waiting to top off their batteries with low-carbon electricity at charging stations. Instead, this gridlock is more likely to happen in automotive and battery factories that cannot find plentiful and affordable supplies of the minerals and metals needed. "Prices of many minerals and metals that are essentia...
Rising demand, tight supply, war, and a short squeeze on a China-based stainless steel titan came into perfect alignment to rocket the price of nickel to historic heights. The price for a pound of nickel soared nearly 250% over two days to a brief altitude above US$100,000 per metric ton, or US$45 per pound, on March 7. This prompted the London Metal Exchange to halt trading of the battery metal to deal with the aftermath of the largest move in the price of a metal in LME's...
Massachusetts Institute of Technology researchers have devised a unique method to help curb the looming shortages of critical minerals and metals by making it easier to separate them from ore and recycled materials with a chemical process called sulfidation. This processing technique, as written about in a paper they published in the journal "Nature," allows the metals to remain in solid form and be separated without dissolving. This would avoid the typical but costly liquid s...
In what can be considered the single largest purchase of electric vehicles in the world, Hertz Corp. has put in an initial order for 100,000 Tesla EVs by the end of 2022, along with investing in new charging infrastructure across the car rental company's global operations. In addition, Hertz has teamed up with seven-time Super Bowl champion Tom Brady to showcase how it is making EV rentals fast, seamless, and more accessible as the company accelerates its commitment to leading...
With its sights set on putting around 10 million fully electric vehicles on global highways over the next decade, the BMW Group is investing in an innovative process to sustainably and efficiently produce the lithium that will go into the batteries powering the BMWs, Mini Coopers, and Rolls-Royces rolling off its assembly lines in the coming years. To help support environmentally sound and resource-efficient extraction of lithium, BMW Group's venture capital fund, BMW i...
On Feb. 22, 2022, Teck Resources Ltd.'s Red Dog Mine in Northwest Alaska became the largest critical minerals operation in the United States, both in terms of quantity and value of the materials produced at this world-class base, precious, and critical minerals operation. Being catapulted to America's top dog when it comes to critical minerals production is not due to the germanium produced, though this semiconductor metal vital to ultrafast computing and communications is...
