The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Pentagon awards Doe Run $7 million to help scale up a cobalt and nickel processing plant in The Show-Me State. As part of a larger objective to ensure the United States has reliable domestic supplies of the minerals and metals critical to the nation's economy and security, the U.S. Department of Defense has awarded The Doe Run Resources Corp. $7 million to complete a demonstration-scale hydrometallurgical plant for separation of cobalt and nickel at their facility in...
Will use federal funds to establish the first fully integrated mine-to-magnets rare earths supply chain in the U.S. In support of the development of a complete mines-to-magnets rare earths supply chain in the United States, the Department of Energy has awarded MP Materials $58.5 million to help build a fully integrated rare earths metals and magnet plant in Texas. MP Materials, which operates the Mountain Pass Mine in California's Mojave Desert, is already a major global produ...
Despite investing billions of dollars, US continues to rely heavily on China and others for its supply of critical minerals. The 2024 edition of U.S. Geological Survey's annual Mineral Commodity Summaries shows the United States has made little headway in breaking its reliance on China and other overseas nations for the minerals and metals critical to the nation's clean energy ambitions, economic well-being, and defense. "Our mineral import dependence continues to be a gaping...
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 the same day that China bans exports of REE processing tech; Ucore, RER hit milestones on cleaner and more efficient methods. In a move to hold onto its dominant position as the world's supplier of rare earths, China is now banning the exports of technologies for the processing and separation of this tightly bonded group of 15 elements needed for green energy, high-tech devices, and countless industrial and household goods. While China maintains a strong position in the...
The only rare earths mine in the United States – accounting for about 16% of the world's rare earths production – is the Mountain Pass mine in California's Mojave Desert, operated by MP Materials. The mine is partly owned by Chinese interests, which export most of what is produced out of the country for processing. China controls 91% of refining activity, 87% of oxide separation and 94% of magnet production, as recently reported in the Wall Street Journal, a supply concentrati...
As the White House continues to dole out hundreds of billions of dollars to position America as the global leader in clean energy and digital technologies, Beijing initiates a strategy to put America in check with the global economy equivalent of pawns. These pawns in the technology chess match between the U.S. and China are gallium and germanium, a pair of semiconductor metals used to make the computer chips essential to every facet of modern life. Before all the major news o...
Going back to its 2010 rare earths playbook, China will ban gallium and germanium exports without state approval. Reminiscent of export restrictions that sent the price of rare earth elements through the roof in 2010, China has announced that it is placing state-controlled restrictions on the export of two technology metals vital to chipmaking – gallium and germanium. On July 2, China's Ministry of Commerce posted notices that the exports of eight gallium and six germanium p...
Unique, remarkable, magical and irreplaceable are some of the adjectives uses to describe rare earths – a group of 17 elements with names most of us have never heard of but have seemingly mystical magnetic, electrical and luminescent properties we use every day. "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 tho...
By the end of next year, the powerful rare earth magnets vital to efficiently transform motion into electricity in wind turbines and electricity into motion in electric vehicles are expected to be rolling off the assembly line at a new 200,000-square-foot facility that MP Materials Corp. is building in Fort Worth, Texas. During a ceremony that attracted Texas lawmakers, General Motors executives, and even a GMC Hummer EV that benefits from the type of rare earth magnets that...
US invests heavily into developing domestic rare earth element processing plants Despite what their name suggests, rare earths are not all that scarce. An efficient and environmentally sound technology capable of separating this tightly bonded group into the 15 individual elements of innovation, however, is truly unique and the key to establishing a rare earths supply chain in North America. There are currently no commercial-scale rare earths separation facilities in North...
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...
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...
In another deal to secure the raw materials it needs to produce enough Ultium batteries to power up to 1 million electric vehicles per year by 2025, General Motors struck a multi-year agreement to purchase cobalt from Glencore's Murrin Murrin operation in Western Australia. A rare and critical metal, cobalt plays an important role in improving the energy density and longevity of the lithium-ion batteries powering EVs. "Future facing commodities like cobalt play a pivotal role...
Adding to a growing list of deals to source the materials and components needed for its vision to get everybody in on its transition to an all-electric future, General Motors is working with POSCO Chemical to develop a roughly $400 million plant in Quebec to produce cathode active material for Ultium batteries that will power GM electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV, and Cadillac LYRIQ. Planning to have the capacity to build 1 million electric...
Part of a much larger critical minerals investment and strategy unveiled by the Biden administration on Feb. 22, the Pentagon has awarded MP Materials Corp. a $35 million contract to commercially separate and refine heavy rare earth elements at its Mountain Pass Mine. Located in California's Mojave Desert, Mountain Pass is currently the only mine in the United States that produces rare earths, a group of 17 elements critical to a wide array of technologies used for industrial...
In its race toward becoming North America's electric vehicle market leader by 2025, General Motors Co. has unveiled plans to invest roughly $7 billion in new lithium-ion battery and EV manufacturing facilities in Michigan, the single largest investment ever by the American automaker. "Today we are taking the next step in our continuous work to establish GM's EV leadership by making investments in our vertically integrated battery production in the U.S., and our North American...
To secure a long-term domestic supply of the rare earths needed to build electric vehicles in North America, General Motors has entered into a binding agreement to buy REE materials and magnets to be produced at a new facility MP Materials Corp. is building in Fort Worth, Texas. "We are building a resilient and sustainable EV manufacturing value chain in North America, from raw materials to cell manufacturing to electric drive motors and beyond, further accelerating GM's...
The United States depends on foreign countries for more than 50% of its supply of 28 out of the 35 minerals, metals and groups of elements deemed critical to the nation's economic wellbeing and national security, including 100% import-reliant for 14 of them, according to Mineral Commodity Summaries 2021, which was published by the U.S. Geological Survey on Feb. 1. The list of critical mined commodities for which the U.S. is fully reliant on foreign nations for its supply...
Rare earths and battery metals market expert Adamas Intelligence forecasts that demand for the magnet rare earths – neodymium, praseodymium, and dysprosium – will falter slightly this year due to COVID-19 before rising sharply over the balance of the decade. Electric vehicles, wind power generators, consumer appliances, cordless power tools, speakers and dozens of other modern devices benefit from the unmatched power and durability of rare earth magnets. A lessened demand for...
Australia-based rare earths producer Lynas Corporation Ltd. is moving ahead with a U.S.-based heavy rare earth separation facility in Texas. In April, the U.S. Department of Defense indicated that it would award Lynas a contract for a facility that could produce heavy rare earths, which tend to be the least abundant but most highly prized of the 17 elements that fall into the REE category. According to Mining News sources, the Pentagon plans to fund up to two-thirds of the cos...
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...
