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Climate Positive

Critical Minerals: Made in the USA | Coleman Adams, CFO of Nth Cycle

14 Nov 2024

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Critical minerals are absolutely vital for the energy transition. Without nickel, copper, lithium, cobalt and other rare earth elements, we simply cannot produce the solar modules, wind turbines, batteries and other technologies necessary to decarbonize the global economy. It’s no surprise then that demand for these critical minerals is expected to almost triple by 2030.  But mining, processing and incorporating these critical minerals into manufacturing processes can itself result in far too many emissions. In addition, the concentration of related supply chains in just a few – sometimes authoritarian – countries exposes the United States in particular to unacceptable geopolitical risks.  In this episode, Guy Van Syckle and Chad Reed chat with Coleman Adams, CFO of Nth Cycle – an industry leader in critical metal refining. Coleman discusses the climate and supply chain benefits of Nth Cycle’s first-of-a-kind (FOAK) Oyster facility in Fairfield, Ohio, which produces from recycled materials a critical input needed to manufacture batteries. LinksNth CycleNth Cycle Begins Operations of First Domestic Commercial-Scale Nickel and Cobalt Scrap Refining System in Fairfield, OhioQualifying Advanced Energy Project Credit (48C) Program Episode recorded October 30, 2024 Email your feedback to Chad, Gil, Hilary, and Guy at [email protected].

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