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Rare Earth Minerals News

Rainbow gets $1m loan

By: Creamer Media Reporter      Updated 7 hours ago Rare earth mining company Rainbow Rare Earths has entered into a funding agreement with one of its largest shareholders Pipestone Capital, for an unsecured $1-million loan to support the company's development and operations. The funding is intended to finance ongoing exploration, operations,... 

China boosts first batch rare-earth mining quota for 2020

By: Bloomberg     19th February 2020 The coronoavirus outbreak isn’t damping appetite for rare-earth minerals in China. The country has increased the first batch of mining quotas for the strategic materials used in everything from electric vehicles to military hardware. The quota for six dominant producers, including China Northern... 

Canada Rare Earth studies location for South American refinery

By: Creamer Media Reporter      19th February 2020 TSX-V-listed Canada Rare Earth has narrowed its search for a location to base its refinery to six regions in South America. The Vancouver-headquartered company, which sources and sells rare earths, says it has launched a study to consider refinery permitting, logistics and government support,... 

Canada Rare Earth studies location for South American refinery

Pensana explores downstream processing possibilities in Angola

By: Tasneem Bulbulia     17th February 2020 ASX-listed Pensana Rare Earths has committed to studying downstream processing of the high-grade magnet metal concentrate it plans to produce at the Longonjo project, in Angola. The study, which will form part of the current definitive feasibility study (DFS), will investigate the feasibility of... 

Call made for accelerated exploration to build critical-minerals pipeline

By: Tracy Hancock     14th February 2020 Amid growing demand for critical minerals globally on the back of increased production of the technologies needed to realise a low-carbon future, North America’s policies and regulations are said to be hindering exploration and depleting its project pipeline. This is the most minerals-intensive... 

Call made for accelerated exploration to build critical-minerals pipeline

Low carbon future to dictate PDAC 2020 talks

By: Tracy Hancock     14th February 2020 Mineral exploration and mining’s role in the global shift towards a low carbon future could dominate discussions at this year’s Prospectors & Developers Association of Canada (PDAC) Convention, PDAC executive director Lisa McDonald tells Mining Weekly. “To meet demand for electric vehicle... 

Low carbon future to dictate PDAC 2020 talks
CRITICAL GATHERING Popular topics that should continue to attract high attendance at the PDAC Convention are diversity and inclusion, sustainability, capital markets and Indigenous affairs

Lynas shares surge on media speculation

By: Esmarie Iannucci     13th February 2020 The share price of rare earths miner Lynas closed more than 8% higher on Thursday after media reports in Malaysia suggested that the company’s operating licence had been renewed in that country. The company on Thursday confirmed that there had been speculation on the Malaysiakini website... 

Medallion stock up on inquiries from REE refineries

By: Creamer Media Reporter      11th February 2020 Vancouver-headquartered Medallion Resources’ stock received a boost on Monday, after the company announced that it had received inquiries from several rare-earth element (REE) refineries interested in receiving specifications and potential volumes of the its REE concentrate product. These... 

Quebec provides project financing for rare earths recycling project

By: Mariaan Webb     10th February 2020 The Quebec government is backing TSX-V-listed Geomega Resources’ rare earth magnet recycling demonstration plant in St-Bruno-de-Montarville, and will be providing C$1.72-million in financing for the C$3.2-million project. The proposed funds by Investissement Quebec (IQ) will be used for the... 

White House weighs ‘alternative uses’ for coal beyond utilities

By: Bloomberg     10th February 2020 The Trump administration is seeking alternative uses for coal as it acknowledges its use in generating electricity is declining. The Energy Department is exploring if critical minerals or rare earth elements -- used in such technology as battery storage -- can be extracted from coal, or coal ash... 

White House weighs ‘alternative uses’ for coal beyond utilities

US drones scouring for rare earths to end reliance on China

By: Bloomberg     10th February 2020 The US is deploying drones and other technology as it scours for potential rare-earths reserves at home and abroad to wean the nation off its dependence on Chinese imports. “We’ve been almost 100% dependent on foreign sources of rare earth elements for industrial applications,” Jim Reilly,... 

US drones scouring for rare earths to end reliance on China

Lynas denies activist's claims

By: Esmarie Iannucci     6th February 2020 Rare earths miner Lynas on Thursday denied claims by an anti-Lynas activist group that it had mislead shareholders over a permanent deposit facility (PDF) for the water leach purification (WLP) residue at Bykit Ketam, in Malaysia. Activist group Save Malaysia, Stop Lynas, had issued a statement... 

Namibia Critical Metals finds promising light rare earths samples

By: Marleny Arnoldi     5th February 2020 TSX-V-listed Namibia Critical Metals (NMI) has reported positive results from rock samples taken from its 95%-owned Kunene project area, in Namibia. This project is situated about 340 km north of the company’s Lofdal heavy rare earths project and represents a new light rare earth opportunity... 

Lynas’ rare earths plant awarded ‘major project’ status

By: Marleny Arnoldi     3rd February 2020 ASX-listed rare earths producer Lynas has been awarded “major project status” by the Australian government for its rare earths processing plant, in Kalgoorlie. The award helps provide s single entry point for commonwealth government approvals, as well as project support and assistance with... 

Rainbow ships more concentrate from Gakara

By: Creamer Media Reporter      31st January 2020 LSE-listed Rainbow Rare Earths, which operates the Gakara rare earths mine, in Burundi, has exported a further 75 t of concentrate, grading at about 53% total rare earth oxides. The concentrate was sold through the company's offtake partner thyssenkrupp Materials Trading . 

Japanese group gets involved in Namibia’s Lofdal rare earths project

By: Mariaan Webb     28th January 2020 TSX-V-listed Namibia Critical Metals has found a strong technical and financial partner to advance its Lofdal heavy rare earth project in an agreement that is non-dilutive to its shareholders. The company signed an agreement with Japan Oil, Gas and Metals National Corporation (Jogmec) to jointly... 

Premier mulls RHA plant restart as grid power is commissioned

By: Tasneem Bulbulia     21st January 2020 Aim-listed Premier African Minerals has commissioned grid electrical power to the RHA tungsten project, in Zimbabwe. Adequate power is now available from the national grid to enable the company to consider resuming plant operations at the end of this month to reprocess historic tailings, CEO... 

US federal council adds mining projects to fast-track permitting process

By: Mariaan Webb     20th January 2020 The US mining sector has applauded the Federal Permitting Improvement Steering Council’s (FPISC’s) vote to include mining under projects covered by the Fixing America’s Surface Transportation Act (FAST-41), but environmental groups have their reservations. The National Mining Association (NMA)... 

US federal council adds mining projects to fast-track permitting process

Lynas faces Malaysia operating licence opposition

By: Esmarie Iannucci     17th January 2020 Rare earths miner Lynas has been named in three individual judicial review proceedings in the Malaysian High Court. The three individual applicants, who have all previously lodged court challenges to Lyans’ operations in Malaysia, have now questioned the Malaysian government’s decision to renew... 

China to buy rare earths from US as part of trade pact

By: Reuters     16th January 2020 China has agreed to buy two types of rare earth metals from the United States as part of an initial trade deal inked on Wednesday, a move likely to boost US production of the strategic minerals. The agreement, signed in Washington by Chinese Vice Premier Liu He and US President Donald Trump,... 

China to buy rare earths from US as part of trade pact
Chinese VP Liu He and US President Donald Trump sign an initial trade deal in Washington.

Pensana appoints new CFO

By: Tasneem Bulbulia     10th January 2020 Robert Kaplan has been appointed CFO  and company secretary of ASX-listed Pensana Rare Earths ahead of its planned listing on the main board of the LSE next month. Kaplan previously worked in financial and treasury roles for LSE-listed diamond miner Petra Diamonds. 

Electronics manufacturers need to act to ensure sustainable rare earths supply

By: Marleny Arnoldi     10th January 2020 Data analytics company GlobalData says metal use has risen exponentially in recent years, putting strain on the global production of rare earth elements, indium, gallium and platinum group metals (PGMs). The company cited a report from the UK Office of Science and Technology on Thursday, which... 

Mkango subsidiary partners with rare earth magnet recycler

By: Marleny Arnoldi     10th January 2020 Aim-listed and TSX-V-listed Mkango Resources’ 75%-owned subsidiary Maginito has acquired an initial 25% interest in HyProMag. HyProMag is a private UK-based company that is focused on rare earth magnet recycling. The company has a patented process for extracting and demagnetising neodymium iron... 

Medallion seeks sites for rare earth extraction plant

By: Marleny Arnoldi     10th January 2020 TSX-V-listed Medallion Resources has asked international engineering group Stantec to evaluate sites in the US to establish its rare earth element (REE) extraction plant. The high automated plant location will be a modern chemical processing setting with top-tier environmental standards and... 

Canada and US finalise critical mineral collaboration plan

By: Mariaan Webb     10th January 2020 Canada and the United States have finalised their joint action plan to collaborate on minerals they deem critical – including uranium and rare-earth elements – delivering on the June 2019 commitment by Prime Minister Justin Trudeau and President Donald Trump. The US last year stepped up efforts... 

Canada and US finalise critical mineral collaboration plan
Canadian Prime Minister Justin Trudeau and US President Donald Trump.

Mkango appoints interim CFO

By: Tasneem Bulbulia     7th January 2020 Dual-listed Mkango Resources has appointed Tim Slater interim CFO, subject to the approval of the TSX-V. Slater succeeds Sandra Evans, who has served as CFO since January 2010. 

Lynas cracking plant get govt backing

By: Esmarie Iannucci     19th December 2019 The Western Australian government has awarded rare earths miner Lynas Lead Agency status for its planned processing plant in Kalgoorlie. Lynas recently selected Kalgoorlie as the location for its new cracking and leaching plant, which will form part of its 2025 growth plans, with the Malaysian... 

Steenkampskraal now fully permitted for construction  

By: Simone Liedtke     18th December 2019 Rare earth mine Steenkampskraal has received its water license from the Department of Water and Sanitation, marking the last of the remaining permits that the mine required, As a result, Steenkampskraal is now fully permitted to start construction and production, Steenkampskraal chairperson... 

Torngat moves Quebec rare earths project to PFS stage

By: Creamer Media Reporter      18th December 2019 Rare-earths developer Torngat Metals has completed a preliminary economic assessment (PEA) on the Strange Lake project, in Quebec, completing another step towards its goal of producing separated rare-earth oxides by 2023. The PEA was completed by consulting firm Mincon International, which used... 

Texas rare earths mine developers to build US refinery

By: Reuters     16th December 2019 Developers of a Texas rare earths mine said on Monday they will build a pilot plant to refine the strategic minerals, the latest domestic processing project announced at a time when more Americans are voicing concern about China's control over the sector. China is the largest global processor of... 

US Army will fund rare earths plant for weapons development

By: Reuters     11th December 2019 The US Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters. The move would mark the first financial... 

US Army will fund rare earths plant for weapons development

Hastings raises funds for Yangibana

By: Esmarie Iannucci     11th December 2019 Rare earths developer Hastings Technology Metals will raise A$12-million through a share placement to institutional and sophisticated investors. The company on Wednesday announced that it had received firm commitment for the placement of more than 83.9-million shares, priced at 14.3c each, as... 

Lynas picks Kalgoorlie for cracking plant

By: Esmarie Iannucci     9th December 2019 Rare earths miner Lynas has selected Kalgoorlie as the location for its new cracking and leaching plant, after inking an initial memorandum of understanding with the city of Kalgoorlie-Boulder in September this year. Lynas in May announced plans for a cracking and leaching plant in Western... 

Lynas picks Kalgoorlie for cracking plant

Wicheeda REE drill campaign results 'exceptional', says Defense CEO

By: Creamer Media Reporter      28th November 2019 The 2019 drill campaign under way at the Wicheeda rare-earth element (REE) project, near Prince George, Canada, continue to yield “exceptional” results,” says TSX-V-listed Defense Metals CEO Craig Taylor. The company on Wednesday announced its highest-grade drill intercept to date at Wicheeda,... 

Peak fields US interest in Ngualla

By: Esmarie Iannucci     26th November 2019 Rare earths developer Peak Resources on Tuesday told shareholders that it had received a letter of interest from the US government agency the Overseas Private Investment Corporation (OPIC), stating that it would consider financing the Ngualla rare earths project, in Tanzania. Peak told... 

Rainbow augments portfolio with rare-earth licences in Zimbabwe

By: Tasneem Bulbulia     22nd November 2019 LSE-listed Rainbow Rare Earths has acquired ten mining claims in Zimbabwe, as part of its strategy to augment its rare-earth portfolio. Zimbabwe is geologically well known as hosting a large number of minerals, including gold, battery metals, coal, platinum-group metals (PGM) and chrome... 

Steenkampskraal mine fully permitted for 2 700 t/y production

By: Marleny Arnoldi     22nd November 2019 What is considered to be one the world’s highest-grade rare earths mine, Steenkampskraal, in South Africa, has received all the necessary regulatory approvals to complete construction and be in production in 12 to 18 months. The mine’s infrastructure is currently 80% complete.  

Qld govt commits A$13.8m to unlock critical minerals

By: Esmarie Iannucci     19th November 2019 The Queensland government on Tuesday announced A$13.8-million in funding for critical minerals in an effort to open up the untapped ‘new economy’ minerals bounty in North Queensland and foster new discoveries, projects and jobs. “Global demand is set to soar for cobalt and rare earth minerals... 

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