Category Archives: News

CANADA UNLIKELY TO SEE LONG-TERM BENEFITS OF #US RARE EARTH DEAL

Rare earths need research to get off the ground in N.W.T., says proponent of Nechalacho project Canada and the U.S. face stiff competition in the search for independence from China’s supply of the rare earth minerals used in phones, clean technology and missiles, says rare earths expert Anton Chakhmouradian. An agreement signed between Canada and the U.S. is more likely to stimulate research and exploration than it is to translate into economic benefits from … Continue reading

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CNN BUSINESS: NEW #LITHIUM-SULFUR BATTERY COULD CHARGE YOUR PHONE FOR FIVE DAYS, RESEARCHERS SAY

London (CNN Business)Australian researchers claim they have developed a battery that can keep a smartphone charged for five days or power an electric car for 1,000 kilometers (over 600 miles). If the technology comes to be used widely, it would represent a significant breakthrough in the hunt for greener, more efficient energy. The team from Monash University in Melbourne says the lithium-sulfur battery it has created is the “world’s most efficient,” and can outperform … Continue reading

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FORBES: UNSTABLE MINERAL SUPPLY THREATENS ELECTRIC CAR, GREEN PROJECTS, JUSTIFIES UNDERSEA, SPACE MINING; REPORT

The advent of the electric car is threatened by a few known knowns like range anxiety, high prices, and a thin recharging network, but now, according to a report from the University of Sussex, lurking in the background are possible shortages of the raw materials at the heart of this low-carbon revolution, which threaten to derail the whole project. Making sure of adequate supplies is so important, mining under the sea, or even on … Continue reading

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ORNL RESEARCHERS ADVANCE PERFORMANCE BENCHMARK FOR QUANTUM COMPUTERS

Researchers at the Department of Energy’s Oak Ridge National Laboratory have developed a quantum chemistry simulation benchmark to evaluate the performance of quantum devices and guide the development of applications for future quantum computers. Their findings were published in npj Quantum Information. Quantum computers use the laws of quantum mechanics and units known as qubits to greatly increase the threshold at which information can be transmitted and processed. Whereas traditional “bits” have a value … Continue reading

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REUTERS: USARMY WILL FUND RARE EARTHS PLANT FOR WEAPONS DEVELOPMENT

(Reuters) – The U.S. Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters. The move would mark the first financial investment by the U.S. military into commercial-scale rare earths production since World War Two’s Manhattan Project built the first atomic bomb. It comes after … Continue reading

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VALE TO EXIT NEWCALEDONIA, EYES INDONESIA TO BOOST NICKEL OUTPUT

LONDON (Reuters) – Brazil’s Vale SA plans to exit its troubled New Caledonia assets but still aims to ramp up nickel output ahead of rising demand for electric batteries, executives said on Wednesday. The planned divestment of nickel operations in New Caledonia comes after Vale said last month it would write down the mine and incur a non-cash impairment charge of about $1.6 billion in the fourth quarter. A year ago, the world’s top … Continue reading

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TRUDEAU GOVERNMENT INVESTIGATING HOW #CANADIAN MINING INDUSTRY CAN PROVIDE RARE-EARTH MINERALS CRITICAL TO NEW ECONOMY

Collaboration on critical minerals with Washington could attract investment to Canadian exploration and mining projects as well as spur job creation OTTAWA — The Trudeau government is digging for intelligence on the role Canada’s mining sector could play in providing the United States and other key trading partners with crucial minerals and metals — from cobalt to tellurium — considered building blocks of the new economy. Natural Resources Canada plans to hire a British … Continue reading

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RUSSIA WANTS TO ATTRACT INDIAN INVESTORS TO MINE RAREEARTHS IN FAR EAST

Indian companies IREL (Erstwhile Indian Rare Earths Ltd) and KABIL (Khanij Bidesh India Ltd) are looking into rare earth elements projects in Russia, according to Russia’s Far East Investment and Export Agency. In a meeting with Indian firms in New Delhi, the Russian delegation presented perspective projects that could be implemented in the remote Far Eastern region and the Arctic zone. “We’re considering mining of lithium and cobalt,” the director of the agency, Leonid … Continue reading

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BBCNEWS: EUROPE’S NEW SPACE BUDGET TO ENABLE CO2 MAPPING

Europe will press ahead with a network of satellites to track carbon dioxide emissions across the globe. They will be developed out of a new European Space Agency (Esa) budget agreed in Seville, Spain. Research ministers on Thursday approved a package of proposals worth some €14.4bn (£12.3bn/$15.9bn) over the next five years. As well as the new CO2 monitoring system, the funds will also pave the way for missions to the Moon and Mars. … Continue reading

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BLOOMBERG: TESLA SET TO BULK UP THE WORLD’S LARGEST LITHIUM-ION BATTERY

Australia’s Hornsdale battery to expand capacity by 50% Storage system has saved consumers more than A$50 million The world’s biggest lithium-ion battery is about to get even bigger, with Tesla Inc. set to beef up capacity at the Hornsdale site in South Australia. The system will be expanded by 50% to 150 megawatts, according to an announcement from Neoen SA, the French company that operates the site. The storage site has already saved consumers … Continue reading

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