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Key takeaways: Opening address by the Minister of Mineral Resources & Energy
7th February 2024

The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, set the scene for his opening address with reference to the theme for Mining Indaba 2024, Embracing the Power of Positive Disruption: a Bold New Future for African Mining. Reflecting on the past year, the Minister referred to... 


Pensana’s Longonjo MRE carbonate receives product quality approval
5th February 2024 By: Tasneem Bulbulia

One of London-listed Pensana’s major potential customers has approved the product qualification specifications for Longonjo’s proposed mixed rare earth carbonate (MREC) product. Longonjo, in Angola, is expected to produce 20 000 t of MREC starting in 2026 and 40 000 t of MREC from 2029 onwards... 


Rainbow achieves group separation of REEs during ongoing test work in the US
5th February 2024 By: Tasneem Bulbulia

London-listed Rainbow Rare Earths has made progress with the ongoing rare earth oxide separation work under way at the back-end pilot plant, which is located at the facilities of Rainbow’s technical partner K-Technologies (K-Tech) in Florida, in the US, with group separation of the rare earth... 


Rare earths prices seen rebounding in second half of 2024 - analysts
5th February 2024 By: Reuters

Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind powerand as dominant producer China is expected to pull back on expanding output quotas, analysts said. Rare earths are a group of 17 elements used in products from... 


Lynas says it held talks with MP Materials on potential deal
5th February 2024 By: Bloomberg

Lynas Rare Earths, one of the world’s largest producers of the raw materials, said it had been in confidential discussions with US-based MP Materials on a possible transaction but the talks are currently “not ongoing". The company was responding to “recent media speculation regarding a potential... 


Germany to channel €1bn to critical raw material needs
2nd February 2024 By: Bloomberg

The German government earmarked about €1-billion ($1.1-billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals in high-tech and green projects, according to people familiar with the plan. A selection process will be established to... 


Australian Potash exits administration
2nd February 2024 By: Creamer Media Reporter

Australian Potash, which owns the Lake Wells sulphate of potash development in Western Australia, has exited administration, with its directors fully back in control of the company. “We successfully and quickly negotiated our way through the voluntary administration process, which now allows us... 


Exploration deficit hampering sector
26th January 2024 By: Halima Frost

South Africa’s mineral exploration sector is underperforming, with as much as a 15-year deficit in terms of the required exploration activity for a minerals- and mining- prolific country, posits industry employers’ association Minerals Council South Africa junior and emerging mining leadership... 


Underground hard rock equipment launched
26th January 2024

Set to be launched at this year’s Investing in African Mining Indaba is underground hard rock mining machinery from mining and industrial machinery developer Komatsu, following an expansion of its portfolio to develop and make available such equipment to the African market. Komatsu,... 


Makuutu rare earths project, Uganda – update
26th January 2024 By: Sheila Barradas

Ionic Rare Earths has reported that Rwenzori Rare Metals has formally received the large-scale mining licence for the central Makuutu tenement. 


Kvanefjeld rare earths project, Greenland – update
26th January 2024 By: Sheila Barradas

A Copenhagen arbitration tribunal has ordered Greenland Minerals A/S to provide payment security for the legal costs of the governments of Greenland and Denmark against the rare-earth miner's claims over the project. 


Angola President to deliver keynote address
26th January 2024

Angola President João Lourenço will deliver the keynote address at this year’s Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre, from February 5 to 8. Lourenço’s presence marks a significant step of progress for Angola and its mining industry as the... 


Tsodilo applies to have Botswana Minerals and Energy Minister held in contempt of court
24th January 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has filed an interlocutory application in the Botswana High Court, calling on Minerals and Energy Minister Lefoko Moagi to explain why he should not to be held in contempt of court owing to his failure to comply with... 


China, in comic strip, warns of 'overseas' threats to its rare earths
22nd January 2024 By: Reuters

hina's chief intelligence agency posted on social media a comic strip featuring foreign-looking characters secretly extracting rare earths, in a story portraying the country's strategic metals under threat from covetous "overseas organisations". The comic strip, published on Sunday on the State... 


Full time operations under way at Ionic's UK magnet recycling demonstration plant
22nd January 2024 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths’ 100%-owned subsidiary Ionic Technologies International has started operations in Belfast, in the UK. Ionic Technologies is a global player in the recycling of neodymium/iron/boron (NdFeB) permanent magnets to high-purity separated magnet rare earth oxides (REOs) –... 


Mineral-rich Arctic region of Nunavut gains control over its resources
19th January 2024 By: Reuters

Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt and rare earth metals, a move that could boost exploration and development. Prime Minister Justin Trudeau signed a devolution agreement in the Nunavut capital Iqaluit... 


SA’s permanent magnet rare earths attracting keen interest
19th January 2024 By: Martin Creamer

South Africa is recognised as having the potential to play a significant role in the establishment of a more diversified supply chain of critical rare earths for the green energy transition. Interestingly, all four of the permanent magnet rare earths required for the green energy transition are... 


Phalaborwa Rare Earths Project, South Africa – update
19th January 2024 By: Sheila Barradas

Rainbow Rare Earths has announced progress with its Phalaborwa pilot plant. 


Longonjo neodymium/praseodymium project, Angola – update
19th January 2024 By: Sheila Barradas

Angolan sovereign wealth fund Fundo Soberano de Angola has said that it is “delighted to see the excellent progress” being made on site. 


Broken Hill cobalt project, Australia – update
19th January 2024 By: Sheila Barradas

Rimfire Pacific has more than doubled the size of its Broken Hill project. 


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