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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

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The project hosts a mineral deposit that is enriched in neodymium and praseodymium, two essential elements for rare earth permanent magnets used in electric vehicles, wind turbines, and high-efficiency electric motors and pumps that help reduce greenhouse gas emissions. Sarfartoq carbonatite drill cores.

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UP Catalyst offering carbon-negative graphite for European battery supply chain

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UP Catalyst , an Estonia-based company developing a method to produce sustainable carbon nanomaterials and graphite from CO 2 ( earlier post ), says that it can produce carbon-negative graphite, consuming 3.7 Every battery manufacturer is challenged by insufficient raw materials. tons of CO 2 per ton of graphite material produced.

Carbon 186
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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Molycorp purchases remaining shares of European rare earth processing company

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Molycorp now owns 100% of the Sillamäe, Estonia-based facility, known as Molycorp Sillamäe. Molycorp, Inc. has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. On 1 April 2011, Molycorp purchased a 90.023% stake in AS Silmet in a transaction valued at approximately $89 million.

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Molycorp to increase supply of rare earth materials to Hitachi Metals; the two call off US joint venture plans

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Also, Molycorp and Hitachi Metals are suspending discussions for now on their December 2010 letter of intent to create a joint venture in the US to manufacture neodymium-iron-boron (NdFeB) alloy and permanent magnets made from the alloy. Earlier post.)

Supplies 240
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Skeleton Technologies receives US patent for nanoporous carbon powder supercapacitor material; higher energy and power densities and lower cost

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Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. According to a new report from Pike Research, worldwide sales of ultracapacitors will grow tenfold from just $28.2 million in 2011 to $284.1

Carbon 353
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Rolls-Royce consortium secures funding for mini nuclear reactors

EV Info

Each power station can supply enough reliable low carbon power for around one million* homes, or be used to power net zero hydrogen and synthetic aviation fuel manufacturing facilities, desalination plants or energy intensive industrial sites. billion per unit dropping to £1.8