TECHNOLOGIES TO POWER A NEW ECONOMY
TECHNONLGY BEING DEVELOPED

At LUXZIUM, we fundamentally like large problems that are amenable to technological disruption. We seek out defensible advantages: proprietary and protected technological advances, business model innovations, and unique partnerships. Most importantly, we invest in “A” teams and founders with a demonstrable history of development/traction. We invest more in people than in a specific plan, because plans often change.

NEWS

Wyoming may hold the key to the rare earth minerals trade war with China

Wyoming is best known for its picturesque views and towering mountain ranges, but if Randy Scott has his way, it’ll become famous for something else: rare earth minerals. These resources have been in the spotlight since China, the country that dominates global supply, threatened in May to cut off supply to the U.S. as part of the U.S.–China trade war.

Since 2011, when Scott became the president and CEO of Littleton, Colorado-based Rare Earth Resources, the veteran mining executive and metallurgical engineer has been trying to get a massive stash of rare earth — a metallic element that’s used in cellphones, electric vehicle batteries, fluorescent lights, defense, clean energy and much more — out of Bear Lodge, a small mountain range tucked away in the northeast corner of the state, about 40 miles from South Dakota’s border.



FUNDING

About MNvest

MNvest is a Minnesota law permitting investment crowdfunding, a new way to fund Minnesota's growing businesses. Similar to reward-based crowdfunding sites (like Kickstarter), MNvest enables Minnesota businesses to legally advertise investment opportunities to all Minnesota residents.


FIAT to CRYPTO METAL COINS

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.


New TECHNOLOGY

Is a Permanent Magnet motor Feasible? Yes, there are billions of them in use all over the world

Is it possible to make a “motor” that uses permanent magnets only? NO. A MOTOR, as the dictionary describes, “is a machine that converts electrical energy to mechanical energy.” In another words, the electrical energy is a “battery” and the mechanical energy is the “rotation.”  

PATENT PENDING

WHAT’S NEXT

THIS NEW TECHNOLOGY WILL NEED MILLIONS OF TONS OF RARE EARTHS FOR THE MAGNETS. WHERE WILL THEY COME FROM. 

IRON NITRIDE MAGNETS

Niron has developed innovative advanced magnetic materials for high performance, low cost permanent magnets.

Technology Iron Nitride (Fe16N2)                               

Niron Magnetics is developing the world’s first commercial, bulk Iron Nitride (Fe16N2) permanent magnets. Using a patented, scalable process, Niron will produce high powered magnets using commonly available iron and nitrogen raw materials. Our synthesis process is made up of well understood, mature metallurgical methods such as arc melting, melt spinning, and nitriding (all commonly used for steel processing). Building off more than a decade of scientific research and development, Niron has developed advanced manufacturing techniques to precisely control and manipulate the crystal structure of Iron Nitride to obtain highly anisotropic magnets. Development of these scalable manufacturing methods has resulted in the publication of more than 20 peer-reviewed scientific papers, as well as 17 granted and 35 pending patents. Niron’s Iron Nitride magnets have a higher magnetic flux density than conventional Ferrite and NdFeB-based magnets, enabling size and weight reduction in motors without compromising power or torque. Additionally, with the 60% higher magnetic flux density compared to NdFeB magnets, Iron Nitride unlocks new possibilities in power generation and conversion.

Niron Magnetics Partners with General Motors and Marquette University to Develop Drivetrains for Electric Vehicles using Rare-Earth Free Materials

U.S. Department of Energy funded project aims to develop more cost effective and sustainable drivetrain for electric vehicles utilizing Niron’s Clean Earth Magnet™ technology November