HG Ventures and American Rare Earth LLC want to scale up the recycling of batteries, magnets and e-waste with the goal of recovering and supplying rare earth metals to the US market.
New report calls for spending on “strategic metals” supply that could include investment in mines.
Conference runs online and at Vancouver Convention Centre Jan 31-Feb 3.
It will initially invest $40 million in the Kabanga project, regarded as the world’s largest development-ready, high-grade nickel sulphide deposit.
The US and its allies, such as Canada, the UK, the European Union, Australia, Japan and South Korea, face a dilemma when it comes to the global electrification of the transportation system.
Mining international waters is in the spotlight as companies and countries are looking at minerals concentrated on the ocean floor that can be used in batteries for smart phones and electric vehicles.
"The business of lithium is sure to be one of the priorities on the shared agenda between Chile and Mexico," says Mexican Foreign Minister.
According to IDTechEx, growing interest in silicon anode technology allowed junior players to obtain $1.9 billion in funding over the last decade.
The licences in the Upper Rhine Valley cover 325 sqkm and increase Vulcan's granted licence area to more than 1,000 sqkm.
Another record-setting year for the metals and mining industry and for MINING.COM.