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Domestic Resources
Domestic Resources

Mineral Resources We Need for Cleaner 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 wind turbines, solar arrays, electric vehicles and medical devices.

Available to NewRange: 9.4 million tons

Nickel

Nickel is a key alloy in the production of stainless steel and a critical component in electric vehicle batteries and energy storage systems.

Available to NewRange: 2.3 million tons

Cobalt

Cobalt is a key element of mobile phones, electric vehicle batteries and grid-scale energy storage, 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: 195,000 tons

Palladium

Part of what is called platinum group metals, palladium is used in catalytic converters to reduce auto pollution and in water electrolyzers for clean hydrogen production.

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

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