PLANTS, CENTERS, AND FACILITIES

SiCrystal constructing new building to expand silicon carbide wafer production

ROHM Group subsidiary SiCrystal GmbH is creating an additional 6,000 m² of space for the production of its monocrystalline silicon carbide wafers by constructing a new building directly opposite its existing site in the north-east of Nuremberg, Germany.

Quino Energy announces 100 kWh flow battery pilot and plans for global expansion

Quino Energy, a company developing water-based organic flow batteries, announced its 10 kW / 100 kWh prototype is now operational, using material produced via its zero-waste, continuous flow production process that achieved Manufacturing Readiness Level 7. The company also shared plans to expand its production footprint into the European Union.

Underwater cable installation marks end of construction for Oregon wave energy test site

Located seven miles offshore of Newport, Oregon State University’s new wave energy testing facility is nearly complete. The final steps for the PacWave project will be taken in early August 2024 with the installation of underwater power and data cables. Once done, the Department of Energy-backed test site will become the first of its kind in the U.S.

Georgia Southern University launches Center for Advanced Materials Science

Georgia Southern University is opening the Center for Advanced Materials Science, a research hub dedicated to pioneering advancements in materials science through interdisciplinary research that will engage both undergraduate and graduate students.


ACQUISITIONS AND COLLABORATIONS

Honeywell to acquire CAES

Honeywell agreed to acquire CAES Systems Holdings LLC. This acquisition will enhance Honeywell’s defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency signal management.

Xenia Materials launches research partnership program

Italy-based materials company Xenia Materials launched a program to facilitate partnerships with universities and research and technology centers. Participating institutions will gain access to Xenia’s thermoplastic composite materials, which can be used for injection molding and additive manufacturing.

Cemex Ventures invests in CCUS startup to become front runners in carbon capture

Cemex announced an investment in carbon capture startup KC8 Capture Technologies carried out through its corporate venture capital and open innovation unit, Cemex Ventures. This investment in KC8’s technology has the intention of scaling such technologies to new heights in the largest project of its kind to date for KC8.

Aclara announces strategic alliance with VAC to develop permanent magnet supply chain

Aclara Resources Inc. signed a memorandum of understanding with Vacuumschmelze GmbH & Co. KG to jointly approach potential clients as a “mine-to-magnets” solution for ESG-compliant permanent magnets.

AMD races Samsung and Intel to production of chips on glass substrates

According to Business Korea, AMD is planning to introduce glass substrates between 2025 and 2026. In contrast, Samsung aims to begin its own glass substrate production by 2026, while Intel seems to be looking toward 2026 for glass substrate mass production.

RHI Magnesita seeks policy measures for refractory raw material supply security in India

RHI Magnesita appealed to the Government of India for strategic policy initiatives to diversify the sourcing of critical refractory grade minerals. This matter was pressed upon by chief customer officer Gustavo Franco during the India–Austria Business meeting held recently as part of Prime Minister Narendra Modi’s visit to the Austrian capital of Vienna.

Amazon claims it achieved 100% renewable energy target In 2023—here’s what it means

Amazon claimed it achieved an environmental milestone in which all electricity consumed by its operations in 2023 was “matched” with 100% renewable energy. In reality, the company purchased an equivalent amount of energy from solar and wind plants to send to the public electric grid, but its emissions from direct operations rose 7% in 2023.


MARKET TRENDS

African mines could supply 9% of global rare earth minerals by 2029

Benchmark Mineral Intelligence says eight mines in countries like Tanzania, Angola, Malawi, and South Africa are expected to begin production by 2029, contributing 9% to the global supply of rare earth elements.

How abandoned coal mines in Appalachia are joining the global race for rare earth metals

Researchers are finding that groundwater pouring out of abandoned coal mines contains the rare earth elements and other valuable metals that are vital to making everything from electric vehicle motors to rechargeable batteries to fighter jets smaller, lighter, or more powerful. A Fast Company article investigates.


NEW PRODUCTS

Green flag for clean power: NASCAR unveils its first electric race car

NASCAR recently unveiled its first electric race car in downtown Chicago. The $1.5 million prototype accelerates almost twice as fast as top gas-powered race cars and can stop almost immediately. But it takes the corners slower due to being heavier.

Google DeepMind unveils JEST, a new AI training method that slashes energy use

Google DeepMind recently shared new research on JEST (Joint Example Selection Training), a way of training artificial intelligence models that is 13 times faster and 10 times more power efficient than current techniques.

Author

Lisa McDonald