The Navigatiir

U.S. Demand Jumps for Rare Earth, Battery-Grade Mineral Refining

American Resources Corporation (NASDAQ:AREC) (Fishers, Indiana) is expanding a U.S.-based project to meet the surging demand for rare earth oxides. This project joins a host of other developments geared toward the refining of domestically sourced materials used in batteries, operating systems and other capacities across multiple industries. Industrial Info is tracking more than $20 billion worth of active and proposed projects across the U.S. for the primary smelting and refining of rare earth and other battery-grade materials.

Expansions Lead U.S. to $18 Billion in Capital Cargo Port Projects

U.S. cargo ports are crucial to a strong domestic supply chain, as they enable the flow of goods and commodities set for export, as well as distribution across the country. Industrial Info is tracking $18 billion worth of active and planned projects at cargo ports in the U.S., with about half of the investment attributed to expansions.

Fuel Pellet Sector Means Big Business for U.S. Alternative Fuels Industry

According to the U.S. Energy Information Administration (EIA), wood-based biomass such as fuel pellets accounted for only 0.8% of power generated in the U.S. in 2023. However, that number belies the big business of fuel pellet production in the U.S. Industrial Info is tracking more than $2 billion worth of active capital and maintenance projects involving fuel pellet production in the U.S.

Join IIR for a Podcast on the Chemical Processing Industry Outlook

Industrial Info is pleased to be presenting a complimentary podcast on the activity outlook for the global Chemical Processing Industry on Wednesday, May 21, at 10 a.m. CDT (11 a.m. EDT). Join our industry experts, including Trey Hamblet, Industrial Info’s vice president of research for the Chemical Processing, Refining and Alternative Fuels industries, as they discuss the trends and drivers moving the industry this year and beyond.