Essential element company Albemarle has received approval from the U.S. Department of Defense for $90 million in grant money to back the restart of the Kings Mountain mine in North Carolina. The funding, provided by the Office of the Assistant Secretary of Defense for Industrial Base Policy, utilizing Defense Production Act authorities, will also help boost domestic critical material processing…
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Missouri S&T hosts national discussion on critical minerals crisis
For more than 150 years, Missouri University of Science and Technology (S&T) has been a leader in the field of mineral recovery, and that continued to be the case last week when the university hosted the third annual Resilient Supply of Critical Minerals national workshop. The workshop, which was held Aug. 9-10 and funded by the National Science Foundation, brought…
Read MoreRulmeca Acquires Douglas Manufacturing
Douglas Manufacturing, based in Pell City, Ala., has been acquired by Rulmeca Holding Spa. Douglas Manufacturing stated that it was “excited to be a part of the group and to leverage both companies’ talents, experience and resources to immediately build on the value that they offer their customers.” With this acquisition, Douglas benefits from integration into a financially sound international group,…
Read MoreCat suspends Russian operations, donates to Ukraine
On March 11, in the days following the initial invasion of Ukraine on Feb. 24, Caterpillar issued the following statement: “We are deeply saddened by the tragic events continuing to occur in Ukraine and hope for a peaceful resolution to the crisis. Through the Caterpillar Foundation, we are donating more than $1 million to support both urgent and long-term needs…
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