US Nuclear Joins Consortium to Electrify Mining Vehicles

US Nuclear Corp. has joined a consortium of companies as part of the Charge on Innovation Challenge to provide electricity to power mining vehicles.The Canoga Park nuclear detector manufacturer has formed ChargeMineBetter with Grapheton Inc., a San Diego company that makes carbon-based devices and energy storage systems; Solar Systems Resources Corp. in Poland, a developer of space mining equipment; and Four Point, a company working on autonomous machines for the mining industry, also in Poland.The Charge on Innovation Challenge is a global competition under the patronage of 17 mining companies from around the world, including Rio Tinto Group in London, which owns the U.S. Borax open pit mine in Boron in the Antelope Valley.The competition aims to electrify mining trucks which will help the mining sector worldwide reduce its consumption of diesel fuel and significantly cut emissions, US Nuclear said in its release.The group’s entry in the challenge uses a supercapacitor system developed using Grapheton’s organic vapor phase deposition technology, which can reduce the carbon footprint and enables the mining industry to save billion of dollars and move toward its goal of de-carbonizing the industry, the company said.The announcement on joining the challenge was made on Monday. Shares of US Nuclear (UCLE) closed down 4 cents, or about 8.5 percent, on Friday to 48 cents on the over-the-counter market.