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.
Wyoming may hold the key to the rare earth minerals trade war with China
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.
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.
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
a Permanent Magnet motor Feasible? Yes, there are billions of them in use all
over the world
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.”
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.