source:recyclingCyclic Materials has signed a collaboration agreement to recycle electric motors containing rare earth metals with SYNETIQ, a UK IAA company. The motors to be supplied by SYNETIQ include drive motors in hybrid and electric vehicles, as well as auxiliary motors present in all vehicles."This relationship marks Cyclic Materials' first overseas feedstock contract, a significant milestone as we continue to expand our business from North America across Europe in the months ahead. Partnering with SYNETIQ was a clear decision, as both companies are committed to circular altern...
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2024
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source:SMALL CAPSGold Mountain (ASX: GMN) has achieved further exploration success at its Down Under rare earth element (REE) project area in Brazil.The company has identified high-grade mineralisation amongst 54 stream samples collected within Down Under’s Irajuba tenements.Peak values of up to 1,196 parts per million total rare earth oxides (TREO) were identified in the latest assays.Further confirmationGold Mountain’s initial exploration work at Down Under has identified the potential for ultra-high-grade hard rock monazite-hosted REE-niobium, uranium and scandium mineralisation.The latest ...
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2024
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source:Resource WorldIn a recent report published International Energy Agency (IEA), “Global Critical Minerals Outlook 2024”, mineral demand for critical minerals will double by 2030, and quadrupling by 2040. Copper, essential for connecting an increasingly electrified energy system, will see the largest production volume increase. Meanwhile, the need for nickel, cobalt, and rare earth elements will double by 2040.The combined market value of key energy transition minerals—including copper, lithium, nickel, cobalt, graphite, and rare earth elements—is projected to more than double, reaching US...
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2024
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source:University of California - Santa BarbaraThe world is going to need a lot of weird metals in the coming years, according to chemistry professor Justin Wilson at UC Santa Barbara. But he isn't talking about lithium, cobalt or even beryllium. Wilson's interested in dysprosium, which is so hidden in the periodic table that you'd be forgiven for thinking he made it up.Rare earth elements (REEs) like dysprosium have a lot of niche uses in modern electronics. So much so that the U.S. Department of Energy classifies them as "critical minerals." And while they aren't qu...
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2024
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