Talon Metals, Fleet Space to use new mineral finding technology

Talon Metals and Fleet Space have agreed to pilot Fleet Space’s ExoSphere rapid mineral exploration solution at Talon’s exploration projects in Minnesota and Michigan. Talon is exploring for high-grade nickel deposits in the United States to supply the domestic battery supply chain with nickel and other battery materials required in the energy transition.

“Increased accuracy means less disturbance of the earth as compared to conventional exploration practices,” says Henri von Rooyen, CEO of Talon. “Speed means a faster path to discovering the metallic minerals like nickel that society needs for the energy transition.”

According to Fleet Space, the ExoSphere technology scans the ground using an advanced seismic tomography technique called Ambient Noise Tomography (ANT), where highly transportable battery-powered ground sensors it calls “Geodes” listen to faint background vibrations from natural and man-made sources. The data is then processed rapidly and transmitted from anywhere worldwide as 3D-visual data through Fleet Space’s constellation of low earth orbit satellites, recently launched by SpaceX.

BorgWarner has agreed to acquire the electric vehicle solution, smart grid and smart energy businesses of Hubei Surpass Sun Electric (SSE). The transaction has an enterprise value of up to RMB 410 million (approx. $59.36 million).

Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE says it has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. SSE’s charging and electrification capabilities in China are expected to complement BorgWarner’s existing capabilities in Europe and North America, the companies say. SSE’s 2022 revenues for the electrification business are expected to be approximately RMB 180 million (approx. $26.06 million).