Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
November 30, 2023 | Tom Ballard

Caldera Holding licenses technique to separate rare earth elements from mixed mineral ores

Developing a domestic supply of rare earth elements is critically important to a range of clean energy and national security technologies.

Caldera Holding, the owner and developer of Missouri’s Pea Ridge iron mine, has entered a nonexclusive research and development licensing agreement with Oak Ridge National Laboratory (ORNL) to apply a membrane solvent extraction technique (MSX) developed by ORNL researchers to mined ores. MSX provides a scalable, efficient way to separate rare earth elements (REEs) from mixed mineral ores.

REEs are a group of 17 lanthanide elements used in several technologies critical to global economic competitiveness such as electronic devices, wind turbines, electric vehicle motors, medical imaging, optics, and advanced defense systems. Separated REEs are essential constituents of the neodymium-based magnets — also known as NdFeB — used in permanent magnets that operate in extreme conditions. Heavy REEs including terbium, dysprosium, and holmium are required for electric vehicle motors and advanced defense systems but currently must be procured from foreign suppliers.

The MSX technology was pioneered at ORNL by researchers in the Department of Energy’s Critical Materials Innovation Hub led by Ames National Laboratory. The inventors, Ramesh Bhave and Syed Islam of ORNL’s Chemical Sciences Division, are named in 26 inventions and five active licenses related to the recovery of REEs.

“Developing a domestic supply of these elements is critical to a range of clean energy and national security technologies,” said Cynthia Jenks, ORNL’s Associate Laboratory Director for Physical Sciences. “ORNL is focused on expanding supply through the development of innovative technologies.”

Compared with other traditional separation methods such as hydrometallurgy and chemical separation, the MSX process is more efficient, using much less energy, labor, and chemical solvents, and can be applied to a variety of critical material recovery efforts. The MSX system contains porous hollow fibers with a neutral extractant that function as a chemical “traffic cop” of sorts; creating a selective barrier and letting only REEs pass through. The REE-rich solution collected can then be further processed to yield rare earth oxides with purities exceeding 99.5 percent.

“The Pea Ridge iron ore mine is the only fully permitted domestic source for heavy REEs critical for high operating temperature, high-value neodymium magnets,” said Jim Kennedy, President of Caldera. “The Caldera mine has three distinct rare earth deposits, open at depth, containing 700,000 tons of REEs and significant levels of praseodymium, neodymium, terbium, dysprosium, holmium, and other heavy REEs. “Caldera seeks to integrate ORNL’s technology into a domestic, vertically integrated value chain, to produce neodymium magnets.”


Don’t Miss Out on the Southeast’s Latest Entrepreneurial, Business, & Tech News!

Sign-up to get the Teknovation Newsletter in your inbox each morning!

  • This field is for validation purposes and should be left unchanged.


No, thanks!