America Is The World Leader In Beryllium Production; Materion Corp. Stands Out As Expert Witness In US Senate Hearings/Industry

One of the key speakers in the July 17, 2018 US Senate Energy & Natural Resources hearing was Materion Corp. Materion Corp., the little known company based in Materion Heights, Ohio is the leading producer of Beryllium in the world. Responding to an invitation from Chairman Murkowski of Alaska, Materion Natural Resources President Greg Gregory testified to the need for a whole-of-government approach to critical minerals. The article that follows is a 2014 story from InvestorIntel that provides an in-depth portrayal about the Beryllium market and Materion Corp. The Editor at Global REEs Venture is hopeful for more success stories like Materion Corp.

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Lithium, Cobalt Prices Key to Neodymium Demand

Permanent magnets in EVs can be replaced by electric magnets powered by a car’s battery system. In fact, EV pioneer Tesla favored electric magnets in previous car models, driven in part by concerns over the security and sustainability of rare earth supplies.
But Tesla was eventually forced to adopt rare earth magnets for the Model 3 as the only affordable way to deliver high power-to-weight ratios. The problem is that substitution of permanent magnets with electric magnets increases the load on the battery.

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Bloom Energy IPO Registration Statement Highlights Supply Chain Risk For Rare Earth Materials

Bloom Energy, whose fuel cells power Apple, eBay, Intel, and Equinix data centers by converting natural gas to electricity, revealed the risk the Company and its customers face in relation to rare earth elements in the recently filed IPO prospectus. At the present time, there is no capability to separate rare earth elements on an industrial scale in the USA. The only industrial scale separation facility is at Molycorp in California. However, the plant is only producing a concentrate at present. All of the rare earth elements produced at Molycorp are shipped to China for separation into the respective elements, including scandium.

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