Thursday, July 4, 2024

The Obtain: US mining tax credit, and Ring’s police information U-turn

On a pine farm north of the tiny city of Tamarack, Minnesota, Talon Metals has uncovered one in every of America’s densest nickel deposits—and now it needs to start tunneling deep into the rock to extract lots of of 1000’s of metric tons of mineral-rich ore a 12 months.

If regulators approve the mine, it may mark the place to begin in what this mining exploration firm claims would turn out to be the nation’s first full home nickel provide chain, operating from the bedrock beneath the Minnesota earth to the batteries in electrical automobiles throughout the nation.

MIT Expertise Evaluate needed to offer a clearer sense of the regulation’s on-the-ground influence by zeroing in on a single undertaking and inspecting how these wealthy subsidies might be unlocked at every level alongside the availability chain. Check out what we discovered.

—James Temple

That is the second story in a two-part sequence exploring the hopes and fears surrounding a single mining proposal in a tiny Minnesota city.

To learn extra in regards to the significance of important minerals to constructing a greener future, take a look at the newest version of The Spark, our weekly local weather publication. Enroll to obtain it in your inbox each Wednesday.

The must-reads

I’ve combed the web to seek out you as we speak’s most enjoyable/essential/scary/fascinating tales about expertise.

1 Ring will cease the police from requesting doorbell footage from customers
As an alternative, forces must search warrants to entry video from subsequent week. (Bloomberg $)
+ It’s an enormous U-turn on the corporate’s earlier stance. (Wired $)
+ Privateness teams are cautiously excited by the choice. (The Register)
+ Ring’s new TV present is a superb however ominous viral advertising and marketing ploy. (MIT Expertise Evaluate)

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