The Elements of Innovation Discovered
The Elements of Innovation Discovered
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U.S. supply chains for critical minerals in energy, automotive, aeronautic and defense markets are up against the challenge of establishing credible "green credentials" amidst sweeping company promises, increased standards and new regulations. The arbitrary nature of voluntary initiatives, combined with ill-defined industry certification, has made it difficult to compare resource provenances and prove against human rights violations and other practices damaging to the...
Lux Partners will tokenize Madison uranium to create first uranium NFT. Is digitizing and selling mineral resources still in the ground the future of financing mineral exploration and mining projects? Madison Metals Inc. believes it could be and has signed a historic agreement to contribute up to 20 million pounds of uranium from resources at its projects in Namibia to support the first-ever uranium-backed NFTs. NFTs, or non-fungible tokens, are unique digital assets that are...
Teck Resources Ltd. is piloting a project that utilizes the power of blockchain technology to trace responsibly produced germanium from its Red Dog zinc mine in Northwest Alaska all the way to fiber optic cables that leverage the unique properties of this critical mineral. From the transistors in quantum computers that are millions of times faster than their classical counterparts to fiber optic cables that send data at the speed of light, germanium is a little-known semicondu...
Metals and mining giant Rio Tinto has begun a campaign of transparency and traceability for the aluminum industry with the launch of START, a blockchain-powered "nutrition label" for responsible aluminum. In the growing metals, minerals and rare earths market for all your favorite electronic gadgets and gizmos, the demand for ethically sourced materials has grown as well. With a world of information at their fingertips, smart consumers have begun to explore the trail of...
With consumers increasingly calling for proven sustainable products, Norsk Hydro has teamed up with fellow Norwegian DNV on a pilot project that utilizes blockchain technology to trace Norsk's low-carbon aluminum from pit to purchase. An internationally accredited global assurance provider, DNV helps companies manage risks and assure sustainable performance, Norsk Hydro, which operates across a broad range of market segments for aluminum, energy, metal recycling, renewables,...
