source:MININGUS Critical Materials announced on Tuesday it has entered a binding term sheet with VerAI Discoveries for the deployment of its AI targeting platform that utilizes new cutting-edge technology for mineral exploration.The AI technology, says US Critical Materials, enables a higher probability of success to detect minerals under covered terrain and to minimize surface disturbances at its Sheep Creek rare earth properties in Montana.With VerAI’s AI-powered targeting technology, the company intends to set new industry standards for environmentally conscious mineral exploration activiti...
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2024
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source:the armchair traderThe spotlight often falls on renewable technologies like solar panels and wind turbines in the quest for a sustainable and clean energy future. However, the true heroes behind these innovations are the materials that make them possible.Iridium and rare-earth elements (REEs) play a crucial, albeit less talked about, role in this transition.Iridium, a member of the platinum group metals, is essential for the efficiency of hydrogen fuel cells and electrolysers. Meanwhile, rare-earth elements, despite their name, are relatively abundant and are vital in manufacturing high...
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2024
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source:physics worldResearchers at Princeton University in the US have made a key step towards realizing scalable quantum networks thanks to a rare-earth element: erbium. Erbium is good at emitting and absorbing photons at wavelengths used in the telecommunications industry, which is an advantage because these photons can travel long distances with little attenuation in standard optical fibres. Harnessing this strength in the quantum realm has been a challenge, but the Princeton team managed to coax an erbium-based device into emitting identical photons – a prerequisite for quantum repeaters t...
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2024
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source:the japan timesThey call them “critical minerals” for a reason. Cobalt, copper, lithium, nickel and the tongue-twisting assortment of rare earth elements (REEs) are the bedrock of the 21st-century economy.Without sufficient supplies, there is no digital transformation, no green transformation and none of the technologies that are already the stuff of daily life.Global demand for these raw materials is expected to more than double in the next five years. Shortages are anticipated. The International Energy Agency estimates that current mining plans will not allow us to meet the target of ...
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2024
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