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Steenkampskraal rare earths mine project, South Africa – update
14th June 2024 By: Sheila Barradas

Thor Medical has signed a memorandum of understanding with Steenkampskraal Holdings for feedstock supply and technology cooperation.  


Brazilian Rare Earths raises A$80m in discounted offering
13th June 2024 By: Mariaan Webb

Exploration company Brazilian Rare Earths (BRE) has successfully raised A$80-million in a discounted A$3.30-a-share placement. The proceeds from the placement will be used to accelerate exploration and development at the Monte Alto, Sulista and Pele rare earth projects, including drilling,... 


South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain
13th June 2024 By: Reuters

South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday, as the home to major chip producers and leading carmaker Hyundai moves to diversify its supply chains. South Korean President Yoon Suk Yeol is on a... 


Artificial intelligence used to eliminate need for rare earths in permanent magnets
11th June 2024 By: Martin Creamer

Discovering new materials has historically been slow. Now artificial intelligence (AI) is making it possible to discover a material entirely computationally and have that verified experimentally. An example of this is AI being used to create a permanent magnet that does not contain any rare earth... 


Energy Fuels achieves commercial production of separated rare earths at White Mesa
11th June 2024 By: Mariaan Webb

Uranium and rare earths elements (REEs) producer Energy Fuels has begun commercial production of separated neodymium-praseodymium (NdPr) at its White Mesa mill, in Utah. This marks a milestone, bringing back the production of separated REEs back to the US after several decades. 


Critical Metals to buy controlling stake in Greenland REE mine
10th June 2024 By: Creamer Media Reporter

Nasdaq-listed Critical Metals has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez rare earth mine, in Greenland, from a company controlled by geologist Gregory Barnes. The Tanbreez project is a permitted critical minerals asset positioned to unlock a... 


Steenkampskraal may supply thorium for use in cancer therapy
7th June 2024 By: Sabrina Jardim

Producer and supplier of alpha-particle emitters for cancer therapy Thor Medical has signed a memorandum of understanding with rare earths and thorium miner Steenkampskraal Holdings for feedstock supply and technology cooperation.  The aim is for the parties to enter into a long-term partnership... 


Nolans neodymium/praseodymium rare earths project, Australia – update
7th June 2024 By: Sheila Barradas

Export Development Canada has conditionally approved $300-million in debt financing. 


Greater investment needed to ensure the success of Europe's CRMA
6th June 2024 By: Chanel de Bruyn

Greater investment in both technology and skills is needed in Europe to ensure the successful implementation of the Critical Raw Materials Act (CRMA), Member of the European Parliament Hildegard Bentele has stressed. Speaking at the MiningForum, in Berlin, Germany, on June 6, she said it was an... 


Chinese rare earths investor fails to win seat on Australia's Northern Minerals board
6th June 2024 By: Reuters

A Chinese mining investor has failed in a bid to join Australian rare earths mining company Northern Minerals' board on Thursday, days after Australia's Treasurer ordered the investor's private company to sell some of its shares. Treasurer Jim Chalmers earlier this week ordered several... 


Energy Fuels eyes 5Mlb/y uranium run rate in coming years
4th June 2024 By: Mariaan Webb

Uranium and rare earths producer Energy Fuels is continuing to ramp up its uranium production in the US, with a targeted output of up to 500 000 lb of uranium oxide (U3O8) this year. The company operates the White Mesa mill, in Utah, where it has also demonstrated its ability to process monazite,... 


Energy Fuels shores up Australian supply for REE production
4th June 2024 By: Mariaan Webb

US-based Energy Fuels has formed a joint venture with Astron to develop the Donald rare earth element (REE) and mineral sands project in Australia, securing supply for its White Mesa mill, in Utah. The mining project, in Victoria, will provide Energy Fuels with monazite sand in a REE concentrate... 


Elk Creek superalloy material project, US – update
31st May 2024 By: Sheila Barradas

NioCorp Development has reported that electrifying the Elk Creek mine could be a game-changer for the critical minerals project. 


China 2024 rare earths quota growth set to slow amid supply glut
29th May 2024 By: Reuters

Rare earth quotas in China, which the world's top producer uses to control supply, are set to rise at a much slower rate this year amid a supply glut, industry participants said on Wednesday. Rare earths are a group of 17 elements used in products as varied as lasers, military equipment, magnets... 


IonicRE, Less Common Metals collaborate on expanding magnet rare earths supply chain
27th May 2024 By: Sabrina Jardim

ASX-listed Ionic Rare Earths (IonicRE) has signed a nonbinding memorandum of understanding (MoU) with UK-based metals and alloy manufacturer Less Common Metals (LCM) to work collaboratively on building a Western supply chain for rare earth permanent magnet production. Under the terms of the MoU,... 


Canada’s EDC grants conditional approval for $300m funding to Arafura
27th May 2024 By: Mariaan Webb

Export Development Canada (EDC) has conditionally approved $300-million in debt financing for the Nolans rare earths project, near Alice Springs in the Northern Territory. The funding package takes conditional approvals to 68% of the targeted $775-million of senior debt funding for Nolans,... 


Panellists discuss graphite demand and rare earth supply chains at Junior Indaba
27th May 2024 By: Sabrina Jardim

With growing demand for electric vehicles, yearly graphite supply needs to be about four times higher in 2030, and about nine times higher in 2040, than at present, owing to its use in energy transition-related products, such as lithium-ion batteries. During a presentation at the Junior Indaba... 


Pensana lauds Angola’s performance in this year’s Fraser Institute rankings
27th May 2024 By: Marleny Arnoldi

London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an improvement in its ranking to forty-seventh out of 86 countries in the yearly Investment Attractiveness... 


At least two companies seek Norway seabed mining permits
22nd May 2024 By: Reuters

Two companies said on Wednesday they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial new mining industry. The process puts Norway on track to become the first country to start commercial... 


Harena secures US offtaker for rare earth products from incoming Madagascar project
16th May 2024 By: Marleny Arnoldi

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate product. Harena is advancing its 75%-owned Ampasindava rare earths ionic clay project in... 


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