2 days ago
According to the recently-released 2011 Critical Materials Strategy Report by the U.S. Department of Energy, five rare earth metals are at risk and have the potential to impact renewable energy technology deployment in the next few years.
The Consolidated Appropriations Act of Fiscal Year 2012, which passed the House and Senate last week, is set to designate $20 million toward critical minerals research and the creation of a Critical Materials Hub within the Office of Energy Efficiency and Renewable Energy. This new funding demonstrates growing awareness among legislators of the vital role of minerals in advanced energy technologies.
The Vermeer Corporation, an Iowa-based manufacturer of agriculture and mining machinery, has hired 200 new employees over the past two years as sales have risen to record levels. Vermeer continues to add jobs, and currently has an additional 100 openings.