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Domestic Resources

Domestic Resources

Mineral Resources We Need for the Future of Energy

A Safe Path to Our Energy Goals

U.S. leaders have set a goal of reaching a clean power grid by 2035 and net-zero carbon emissions by 2050. Wind turbines, electric vehicle batteries and other new energy technologies can help us get there. Yet our country produces only a small fraction of the necessary raw materials – things like copper, nickel and cobalt. NewRange projects will deliver the metals we need to reduce global carbon emissions.

Copper

Copper is used to create, conduct and store energy. It’s found extensively in data centers powering AI technology, energy generation, tactical armor, grid transmission; and medical devices.
Available to NewRange: 16.2 million tons.

Nickel

Nickel is a key alloy in the production of stainless steel, and is a critical component to produce high-temperature aerospace alloys and chemicals for lithium-ion batteries, like those found in cellphones and cars.
Available to NewRange: 4 million tons.

Cobalt

Cobalt is a key element of mobile phones; military aircrafts; battery technology; and medical devices like heart valves, yet the U.S. supplies just one-third of 1% of the world’s cobalt, with only one U.S. cobalt mine to satisfy demand.
Available to NewRange: 329,000 tons.

Palladium

Part of what is called platinum group metals, palladium is used in water electrolyzers and in catalytic converters to reduce auto pollution.
Available to NewRange: 321 tons.

Platinum & Gold

Platinum is used in cancer treatments and, like gold, in jewelry and dental work. Strong permanent magnets are made from a platinum-cobalt alloy.
Available to NewRange: Over 12 tons.