Keyword: strategicminerals
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COVID-19: It’s all we talk about, on the cable news, and in our 6-foot socially-distanced prison walks around our silent neighborhoods. And in nearly every conversation comes the intellectual shrug, “who could have seen this coming?” A single phrase that neatly absolves governments and experts alike of any responsibility of predicting the pandemic and, if not being able to stop it, at least cushioning its blow........ But is it unfair to engage in so much 20-20 hindsight? After all, who could see COVID coming? Well, we did. We — as in nodes within the U.S. Government tasked with tracking critical...
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In metals, electrons are normally expected to be diffusive in their movement, operating as individual particles – in other words, they don't gain momentum as a group. In a new study, scientists have now discovered a type of metal where electrons actually do flow in a fluid-like way – like water in a pipe – by interacting with quasiparticles called phonons, which emerge from vibrations in a crystal structure. This causes the electrons to shift from diffusive (particle-like) to hydrodynamic (fluid-like) behavior in their movement. The metal superconductor that causes this behavior is a synthesis of niobium and germanium called...
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The parents of a U.S. engineer found dead in Singapore last year said on Wednesday they will not take part in the rest of a coroner’s inquiry into his death, which they say was linked to a project involving the transfer of sensitive technology to China. In a statement issued through their lawyers, Rick and Mary Todd said they had lost confidence in the system investigating the death of their 31-year-old son, Shane, who was found hanging in his Singapore apartment last June. The Todds did not appear in court on Wednesday, the day after a U.S. medical examiner they...
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Jan 3 (Reuters) - The Biden administration on Friday issued the final mining permit for Perpetua Resources' (PPTA.O), opens new tab Idaho antimony and gold project, a move aimed at spurring U.S. production of a critical mineral at the center of a widening trade war between Washington and Beijing. Permitting for the mine, backed by billionaire investor John Paulson, comes after Beijing last month blocked exports to the U.S. of antimony,... Perpetua's mine will supply more than 35% of America's annual antimony needs once it opens by 2028 and produce 450,000 ounces of gold each year,...The project has not won...
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As the energy transition continues, tapping into the reserves of critical minerals and securing their supply chains is crucial. For this graphic, Visual Capitalist partnered with Appian Capital Advisory to provide visual context to the top countries for reserves, production, and processing of minerals that are vital to the energy transition.The analysis uses data from the USGS and the IEA across four minerals: lithium, cobalt, natural graphite, and rare earths. Which Countries Hold the Most Critical Minerals Reserves?South America dominates the reserves for lithium, with nearly half of all known reserves located in Chile (34%) and Argentina (13%). Australia, with...
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China is planning to restrict exports of a key mineral needed to make weapons while a U.S. company that could be reducing America’s reliance on foreign suppliers is languishing in red tape, energy experts told the Daily Caller News Foundation. The Chinese government announced on August 15 that it will restrict exports of antimony, a critical mineral that dominates the production of weapons globally and is essential for producing equipment like munitions, night vision goggles and bullets that are essential to national security, according to the Center for Strategic and International Studies (CSIS). Perpetua Resources, an American mining company, has...
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The U.S. aims to cut its greenhouse gas emissions in half by 2030 as part of its commitment to tackling climate change, but might be lacking the critical minerals needed to achieve its goals.The American green economy will rely on renewable sources of energy like wind and solar, along with the electrification of transportation. However, local production of the raw materials necessary to produce these technologies, including solar panels, wind turbines, and electric vehicles, is lacking. Understandably, this has raised concerns in Washington.In the graphic below, based on data from the U.S. Geological Survey, Visual Capitalist's Bruno Venditti lists all...
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President Trump signed an executive order declaring a national emergency in the mining industry, ordering the Interior Department to increase domestic production of rare-earth materials to reduce the country’s dependence on China. The order states, “our Nation’s undue reliance on critical minerals, in processed or unprocessed form, from foreign adversaries constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States. I hereby declare a national emergency to deal with that threat.” The US imported 80 percent of its rare-earth materials and...
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A simple visit to an obscure factory by Chinese President Xi on Monday is all it took to raise the specter that China could be contemplating cutting off supply of critical materials to the U.S. and potentially crippling large swathes of its industries. Also, fueled by political innuendo in Xi’s recent call for a new “Long March” in reference to a key founding tenet of the Chinese Communist Party, speculators are growing increasingly wary of Chinese export restrictions to the U.S., including rare earth minerals. As the world’s largest producer, the Middle Kingdom has a vice-like grip on rare earths...
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It was recently reported that US President Donald Trump wants to buy Greenland, but what would he actually be getting for his money? Umar Ali takes a look at Greenland’s mineral resources, whether they are worth mining, and why the US could want them. The Kvanefjeld project Greenland currently only has one major mining project, the Kvanefjeld rare earth project launched in 2007. The project is centred on the Ilimaussaq alkaline complex in southwest Greenland, measuring approximately 8km x 15km, it is being developed by Australian company Greenland Minerals. The Kvanefjeld project is thought to be one of the world’s...
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Why is the United States reliant on China and Russia for strategic minerals when we have more of these valuable resources than both these nations combined? This has nothing to do with geological impediments. It is all politics. This is an underreported scandal that jeopardizes American security. As recently as 1990, the U.S. was No. 1 in the world in mining output. But according to the latest data from the U.S. Geological Survey, the U.S. is 100 percent import dependent for at least 20 critical and strategic minerals (not including each of the "rare earths"), and between 50 and 99...
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