101 words Nickel comes in two basic forms: sulfides and laterites. Both require processing to be refined into battery grade metal, but nickel sulfides require much less processing than laterites. Russia has lots of sulfides. Most of Southeast Asia’s nickel, however, is lower-quality laterites. Refining this kind of nickel is considerably dirtier and more complicated. … Read more
338 words Humans have been using nickel for ages, but we didn’t actually realize it until fairly recently. The metal often comes mixed in ore deposits with copper and iron, adding a silvery shine that ancient blacksmiths liked for their tools, weapons, and armor. It wasn’t until 1750 that metallurgists in Saxony came across some … Read more
701 words Rare earths tend to come grouped together, with several present in the host rock—Mountain Pass’s bastnaesite ore contains fifteen of the seventeen rare earths, all but scandium and promethium—but they make up only a small fraction of that rock, and the concentrations vary widely. Mountain Pass’s rock is 7 to 8 percent rare … Read more
373 words. The number-one product we use rare earths to make is permanent magnets—components that convert movement into electricity, and electricity back into movement. Scientists began developing permanent magnets in the 1980s, when they figured out that adding a little bit of rare earth metals like neodymium and dysprosium to common metals like iron and … Read more
573 words. Rare earths are actually neither rare nor earths. Most of them are quite abundant, but they are almost never found in their pure form. Instead, they come dissipated in very low concentrations within other minerals, like grains of pepper in a meatball. That makes them difficult and expensive to separate out. Many of … Read more
Raja Manickam grew up in the township of BHEL, Trichy. As a kid, he was inspired by RC Bhargava, who was then the Director of BHEL Trichy, and later on went to become the founding Managing Director of Maruti Udyog. Raja loved physics in his school days. Did well in JEE and went to IIT … Read more
The foundation of cooperation is not really trust, but the durability of the relationship. It is readily evident that firms which have grown through mergers and lateral (senior-level) hires always have less internal cooperation than those that have grown from within. As obvious as this may seem, this observation casts significant doubt on those firms … Read more
How do you get cooperation in an environment of autonomous units? Some basic principles about human nature may help here. The first rule I would offer is: Groups don’t cooperate, people do. An individual in one location might not feel much fervor in doing a favor for an individual in another location. But if he … Read more
In the previous chapter (The One-Firm Firm) I attempted to describe one (not the only) success model in running a professional firm. What I hope became clear in this description is that making this “collaborative” approach to practice work requires more than just an elusive “teamwork culture.” Rather, it is achieved by making some definitive … Read more
Working hard to involve non-partners in firm affairs and winning their commitment to the firm’s success is a hallmark of the one-firm firm and is reinforced by a widely common practice of sharing firm profits more deeply within the organization than is common at other firms. (The ratio between the highest paid and the lowest … Read more
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