GKN Hoeganaes, a division of GKN Powder Metallurgy and one of the largest iron powder producers globally, today announces a strategic collaboration with First Phosphate. This partnership marks a significant step toward establishing a North American supply chain for lithium iron phosphate (LFP) batteries, a critical component for the electric vehicle (EV) and energy storage industries.
China’s abundant supply of rare earth minerals, essential in the production of many technologies – and long considered an ace in the hole for deterring or responding to an escalated trade war – could become less of a strategic advantage if the US and its allies ease their demand by harvesting and recycling the materials from obsolete equipment.
Recycling can be ramped up faster than new mines, which could take decades to become commercially viable, said Hu Xinyue, a senior analyst in the China programme at the Institute of Defence and Strategic Studies at Singapore’s S. Rajaratnam School of International Studies.
“From an environmentally friendly perspective, recycling reduces the need for new rare earth mining, thereby decreasing both the environmental and energy footprints associated with extraction and processing,” she said in a research paper released on Thursday.
Read more at: https://www.scmp.com/economy/china-economy/article/3286757/could-rare-earth-recycling-relieve-china-trade-trump-card
Canada’s Aclara Resources announced on Wednesday a collaboration with the U.S. Department of Commerce’s International Trade Administration to find the best location for its planned rare earth separation facility.
This partnership, through the SelectUSA program, aims to find a cost-effective site for the plant, and to contribute to a resilient supply chain for critical materials essential in the U.S. high-tech sectors.
The location study will evaluate potential sites for Aclara’s separation facility with a focus on operational efficiency, cost management, and project timelines, the rare earths developer said in a statement.
“Aclara believes that it can contribute towards securing a resilient and independent supply chain for rare earths, which are critical materials for electromobility and other key high-tech sectors of the U.S. economy,” chief financial officer François Motte said.
Aclara aims to produce high-purity mixed rare earth concentrate (MREC) from its Penco module in Chile and the Carina project in Brazil. The company plans to use its patented technology designed to extract heavy rare earths from ionic clays.
Read more at: https://www.northernminer.com/fast-news/us-government-to-assist-aclara-with-location-study-for-new-facility/1003873185/
Jakarta. Indonesian nickel and batteries might have a better chance of penetrating the American market should president hopeful Kamala Harris win the upcoming US election, according to a senior economist.
But a Harris government might only grant entry for Indonesian nickel if it met its green standards, Bhima Yudhistira, the executive director at the economic think-tank Celios, said Tuesday.
Read more at: https://jakartaglobe.id/business/indonesian-nickel-has-better-chance-of-entering-us-market-if-harris-wins
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