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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 The valuable mineral for electric vehicle (EV) batteries is now considered a critical raw material.

Carbon 186
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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.

Estonia 195
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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are launching a new rare earth production initiative spanning European and North American critical material supply chains. Energy Fuels will produce its RE Carbonate from natural monazite sands supplied by US-based Chemours Company under a sales agreement between Energy Fuels and Chemours that was announced on 14 December 2020.

Energy 186
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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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the Western hemisphere’s only producer of rare earth oxides (REO) and the largest REO producer outside of China, will supply Hitachi Metals with rare earth magnetic materials, including Didymium (a mix of neodymium and praseodymium) metal and alloy, as well as Lanthanum Oxide. Global rare earths supply and demand. Earlier post.)

Supplies 240
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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Hero & Yamaha to jointly establish electric cycle drive units. Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. It will also use it to diversify its manufacturing and supply chains.

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Navigant Research forecasts EV charger global market to grow to $3.8B by 2020; 27.1% CAGR from 2013

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Navigant Research forecasts that the global EVSE (electric vehicle supply equipment, i.e., charger) market will grow from $713 million in 2013 to $3.8 AC charging is used in both residential and commercial applications; it typically supplies capacities up to 7.2 Source: Navigant Research. Click to enlarge. DC charging.

2013 231
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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.

Purchase 199