The Elements of Innovation Discovered
The Elements of Innovation Discovered
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With the global transition to electric vehicles charged with renewable energy creating massive new demands for rare earth materials and magnets, copper, and electrical steel, General Motors and GE Renewable Energy are working together to evaluate opportunities to improve supplies of the materials critical to a low-carbon future. "A secure, sustainable and resilient local supply chain for electric vehicle materials is critical to the execution of GM's vision of an all-electric...
A container of mixed rare earth carbonate shipped from Energy Fuels Inc.'s White Mesa Mill in Utah to Neo Performance Materials Inc.'s Silmet rare earths separation facility in Estonia marks the start of what is shaping up to be major new rare earths supply chains in the United States and Europe. "Today, Energy Fuels and Neo took significant steps toward restoring critical U.S. and European rare earth supply chains," Energy Fuels President and CEO Mark Chalmers said as the...
On June 28, First Nations mining contractor Nahanni Construction Ltd. dug a scoop of ore from the North T open pit at Vital Metals Ltd.'s Nechalacho project in Northwest Territories that marked a momentous milestone – Canada is now a rare earths-producing nation. This first REE ore mined at Nechalacho comes just two years after Australia-based Vital came up with a unique plan to take advantage of relatively small but high-grade mineralization coming to the surface at the p...
Norway-based REEtec has confirmed the quality of a rare earths sample produced from Vital Metals Ltd.'s Nechalacho project in Northwest Territories, which means Vital can finish the first phase of its power-of-partnerships strategy to deliver Canadian rare earths to market by the end of 2021. Under this partnership strategy, a Northwest Territories First Nation contractor is mining high-grade rare earths ore from a near-surface deposit at Nechalacho; Vitals' Canadian...
With the recent completion of a $50 million financing, USA Rare Earth LLC has the funds to take major strides toward executing its rare earths mine-to-magnet strategy in the United States. At the front end of this strategy lies the Round Top heavy rare earths and critical minerals project in Texas, which USA Rare Earth recently exercised its option to acquire an 80% joint venture interest in from Texas Mineral Resources Corp. Situated in the Texas desert about 85 miles...
Reaching another major milestone on its path to being Canada's first rare earths producer, Vital Metals Ltd. has begun mining at its Nechalacho REE project in Northwest Territories. A 110-kilometer- (68 miles) long, 1.1-meter-thick ice road running across the north side of Great Slave Lake from Dettah, Northwest Territories near Yellowknife was opened for deliveries to the mine site on March 20. Crushing plant, mining equipment, fuel, and other equipment and supplies needed...
Already, the leading United States producer of the uranium that fuel's emissions-free nuclear energy, Energy Fuels Inc. has entered into an agreement with Canada-based Neo Performance Materials to produce rare earth products from natural monazite sands that are a byproduct of heavy mineral sands mined in the southeastern U.S. Under an agreement announced on March 1, Colorado-based Energy Fuels will process these monazite sands into a mixed rare earth carbonate in Utah for use...
Australia-based rare earth elements producer Lynas Rare Earths Ltd. has secured a contract for additional Pentagon assistance in funding its plans to develop a U.S.-based rare earths separation facility in Texas. "As the only non-Chinese commercial producer of separated rare earths products to the global marketplace, Lynas is delighted by the opportunity to develop a light rare earth separation facility in the United States," Lynas Rare Earths CEO Amanda Lacaze penned in a...
Industrial Age iron mines in the eastern Adirondack Mountains of Upstate New York may find new life as domestic sources of the rare earth elements needed in today's Information Age. Mined heavily for iron in the 1800s and early 1900s, the eastern Adirondack Mountains played an important role in industrialization prior to and during World War II. The deposits that helped to build America's transformation from horse powered to horsepower also happened to host significant...
Appia Energy Corp.'s Alces Lake project in Saskatchewan hosts some of the highest rare earth element grades ever discovered and the Toronto-based exploration company is now investigating just how large this potentially world-class rare earths deposit is. While a resource has yet to be calculated for the high-grade zones discovered in recent years at Alces Lake, drill intercepts of 15.6 meters averaging 16.1% total rare earth oxides and 2.7 meters of 31% TREO indicate the proje...
Seeking to alleviate the United States' heavy reliance on China for its supply of the rare earth elements needed for a broad range of high-tech applications, Ucore Rare Metals Inc. has rolled out a strategy to begin producing REEs in Alaska in three years. Dubbed Alaska2023, this business plan aims to build the Alaska Strategic Metals Complex, a commercial-scale RapidSX rare earths separation and purification plant in Southeast Alaska, by 2023. This processing facility is the...
A pair of Texas congressmen, Republican Lance Gooden and Democrat Vicente Gonzalez, have introduced the Reclaiming American Rare Earths Act, bipartisan legislation aimed at reducing America's dependence on China for rare earth elements and other critical minerals. The United States depends on foreign countries for more than 50% of its supply of 31 of the 35 minerals considered critical to the nation's economic wellbeing and national security, including 100% import-reliant for...
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...
It is estimated that upwards of US$13.8 billion of rare earth magnets are imported into the United States each year, which is creating a stockpile of some of the most widely used rare earth elements. These powerful REE magnets are used in a wide variety of applications – high-performance motors in electric vehicles, wind turbines and generators, medical magnetic resonance imaging (MRI), and high-fidelity speakers to name a few. Canada-based Geomega Resources Inc. has d...
Already involved in nearly every facet of the rare earth supply chain, from mining these technology elements to manufacturing powerful REE magnets, USA Rare Earth LLC has cut a deal with Geomega Resources Inc. to recycle these metals. Under a letter of intent signed by the companies on July 15, Quebec-based Geomega would recycle rare earth-containing waste from producing neodymium-iron-boron permanent magnets at a facility New York-based USA Rare Earth is planning to build in...
Texas Mineral Resources Corp. has added fuel to USA Rare Earth LLC's strategy to establish a complete rare earth mines-to-magnets supply chain in the United States, which is already advancing much more rapidly than either company envisioned when they formed a partnership less than two years ago. Texas Mineral Resources is an exploration company that has outlined an enormous deposit of rare earth elements, lithium and 10 other critical minerals at its Round Top project about...
With the commissioning of a pilot plant in Colorado now underway, USA Rare Earth LLC is one step closer to producing rare earth elements on American soil. Based in New York City, USA Rare Earth has set in motion a strategy to establish a completely domestic supply chain for rare earth magnets, which are essential for wind turbines, electric vehicles, smartphones, military hardware, advanced medical devices, and the physical backbone of emerging 5G networks. A key facet of...
Texas Mineral Resources Corp. and USA Rare Earth LLC April 2 said the COVID-19 outbreak thus far has not held up progress on their Round Top critical minerals project in Texas and pilot heavy rare earths separation plant in Colorado. "Our first priority is to safeguard the health and well-being of our employees, partners and contractors," said Texas Mineral Resources Chairman Anthony Marchese. "Fortunately to date, the COVID-19 outbreak has had a minimal effect on our...
USA Rare Earth LLC has acquired state-of-the-art neodymium-iron-boron permanent magnet manufacturing equipment, another key piece to the company's strategy to establish a complete rare earths mines-to-magnets supply chain in the United States. New York-based USA Rare Earth has already made major headway toward this objective as the funding and development partner at Round Top, a rare earth and critical minerals project about 85 miles southeast of El Paso. According to a prelim...
Many in the United States, from President Donald Trump to sector analysts, have been raising the alarms about America's heavy dependence on China for rare earth elements and other critical minerals and metals. Most of this talk has centered on the geopolitical risks associated with depending on an economic and strategic rival for more than 80 percent of these 17 metals vital to a wide array of high-tech and military devices. Instead of export restrictions resulting from...
American mines produced roughly 26,000 tons of rare earth during 2019, a 44 percent increase over 2018, yet the United States is 100 percent reliant on foreign countries for its supply of these 17 elements vital to our modern high-tech society. This apparent paradox speaks to the complexities of these enigmatic metals. The irony of rare earth elements (REEs) begins with their name, which is at the same time a misnomer and accurate descriptor. "All the REEs except promethium...
A 12-kilogram (26.5 pounds) sample of rare earth carbonate from Vital Metals Ltd.'s Nechalacho project in Canada's Northwest Territories takes the Australian mining company one step closer to its goal of commercially producing REEs this year. "Production of our bulk sample for REEtec is another important step towards reaching full production at Nechalacho," said Vital Metals Managing Director Geoff Atkins. Produced from a bulk sampling program at Nechalacho, this first bag of...
Crews at Vital Metals Ltd.'s Nechalacho rare earths project in Canada's Northwest Territories are mining zones of ore with such high grades that there is no need to upgrade it with the on-site ore sorter – just simply dig, crush, and bag for shipping to the company's processing facility in Saskatchewan. Mining is currently being carried out at North T, a particularly high-grade deposit within Nechalacho Upper Zone, which hosts 94.7 million metric tons of Australian Joint O...
With a boost from fiber optic cables laced with rare earths such as erbium and thulium, researchers at Japan's National Institute of Information and Communications Technology were able to transmit 319 terabits of data per second over cables stretching 3,001 kilometers (1,865 miles), crushing any previous records in speed over such a long distance. This not only smashes the previous record of an already jaw-dropping 178 Tb/s, according to NCIT, the technology is also...
Ucore Rare Metals Inc. says the COVID-19 pandemic shines a spotlight on the need for a domestic supply of rare earth elements and other critical minerals and the company continues to make headway toward helping to fill that supply with its mine-to-metal-to-market "M3" strategy. "The current crisis underscores the extremely vulnerable nature of critical materials supply chains in the U.S. globalization and single-source foreign dependencies are not mitigating this risk – t...
