Category Archives: News

BLOOMBERG: VOLVO CARS GOES FOR BLOCKCHAIN TECH TO AVOID UNETHICAL COBALT

Swedish firm launched its first fully electric car last month Shift away from fossil fuels is posing challenge for carmakers Volvo Cars will use blockchain technology to trace the origin of cobalt used in its batteries in an effort to avoid supplies produced by children and under unethical conditions. The commodity, an important ingredient in lithium-ion batteries, is mainly extracted in Congo, which last year produced more than two-thirds of the world’s cobalt. While … Continue reading

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BLOOMBERG: INDONESIA SUSPENDS NICKEL ORE EXPORTS WITH IMMEDIATE EFFECT

(Bloomberg) — Indonesia suspended exports of nickel ore with immediate effect after a planned ban on shipments from the beginning of next year led to a rush to beat the deadline. The mineral meant for exports during the rest of the year will be absorbed by domestic companies with smelters, Indonesia’s Investment Coordinating Board Chairman Bahlil Lahadalia told reporters in Jakarta on Monday. The government and nickel miners association agreed to halt exports immediately … Continue reading

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MIT ENGINEERS DEVELOP A NEW WAY TO REMOVE CARBON DIOXIDE FROM AIR

The process could work on the gas at any concentrations, from power plant emissions to open air. David Chandler | MIT News Office October 24, 2019 A new way of removing carbon dioxide from a stream of air could provide a significant tool in the battle against climate change. The new system can work on the gas at virtually any concentration level, even down to the roughly 400 parts per million currently found in … Continue reading

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ALJAZEERA: CHINA PLANS TO TAP NORTH KOREAN RARE EARTH MINE – REPORT

In exchange, China would invest about $2.5bn in a solar plant for North Korea, an industry association says. North Korea plans to grant China access to a rare earth mine in exchange for investment in solar energy that could ease chronic power shortages in the impoverished country, according to an article posted on an industry association website on Thursday. China is the world’s dominant producer of rare earths, a group of 17 chemical elements … Continue reading

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FORBES: 4 REASONS THE DEVELOPED WORLD IS IN BIG TROUBLE WITH CRITICAL MINERALS

The world’s richest countries are realizing how poorly equipped they are to access the critical minerals needed for emerging technologies, especially renewable energy, energy storage, electrification, and smart devices. But they may not yet realize the implications, according to Michelle Michot Foss, the fellow in energy and minerals at Rice University’s Baker Institute, including disruption of the falling cost curves that advocates of renewables and storage love to display. “We’re in a very slow … Continue reading

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UCORE ANNOUNCES TEAM FOR HEAVY REE SX PLANT DESIGN & US FEDERAL FUNDING

Halifax, Nova Scotia–(Newsfile Corp. – October 22, 2019) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce developments related to its comprehensive M3 Plan of Action (METAL Component). The Company has finalized a project-specific advisory team for the purpose of designing its heavy rare earth element (“HREE”) solvent extraction plant and processing capabilities in Southeast Alaska (the “SX Plant”), and with respect to its forthcoming anticipated … Continue reading

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Traders Are Rushing Nickel Out of China to Capture LME Profits

At least 15,000 tons of nickel has left China since September The traders plan to deliver the metal against LME contracts Traders are moving nickel stockpiles from China to other Asian warehouses to capture hefty profits by delivering to the London Metal Exchange. At least 15,000 tons of refined nickel left bonded warehouses in China since September, according to traders and logistic managers with knowledge of the matter. The inventory is on its way … Continue reading

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Nobel Prize in Chemistry Honors Work on Lithium-Ion Batteries

John B. Goodenough, M. Stanley Whittingham and Akira Yoshino were recognized for research that has “laid the foundation of a wireless, fossil fuel-free society.” The Royal Swedish Academy of Sciences on Wednesday awarded the 2019 Nobel Prize in Chemistry to three scientists who developed lithium-ion batteries, which have revolutionized portable electronics and are very likely powering a device you’re using now to read this article. Larger examples of the batteries have given rise to … Continue reading

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Researchers in Canada develop million-mile Lithium-ion battery

A group of scientists led by Jeff Dahn, a professor at Canada’s Dalhousie University and a research partner with Tesla, published a paper in the Journal of The Electrochemical Society where they present the concept of a new battery able to power an electric vehicle for over one million miles. The battery, thus, could make Tesla’s robot taxis and long-haul electric trucks viable. It is also expected to last at least two decades in … Continue reading

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US – China TradeWar – Nine countries join US strategic minerals initiative

(Reuters) – The United States on Thursday said nine countries have joined its initiative to help discover and develop reserves of minerals used to make electric vehicles, part of an effort to cut the world’s reliance on China for the high-tech materials. Secretary of State Mike Pompeo on Thursday met with foreign ministers from the nine countries on the sidelines of the United Nations General Assembly in New York. The countries joining the United … Continue reading

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