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