Rare Earths Global forecasts better 2012, in JV talks

China's Rare Earths Global, which plans to list on London's junior Aim market later this month, said it expected higher revenue and profit in 2012, and was in discussions for possible joint ventures with certain firms in South Africa and...

Molycorp to start Mountain Pass plant this week

Rare earths miner Molycorp will embark on the staged start-up of the new plant at its Mountain Pass mine this week, well ahead of schedule, the company said on Tuesday. “When this new manufacturing facility is complete and running at full...

Iamgold publishes maiden rare earths resource at Niobec

TORONTO (miningweekly.com) – Midtier precious metals producer Iamgold Corporation on Thursday said it had a 466.8-million ton rare-earth element resource at a deposit just north of its Niobec mine in Quebec. The resource, hosted in carbonatite...

Talison more than doubles reserves at Aus lithium mine

Talison Lithium has boosted the reserves at its Greenbushes operations in Australia by 157%, to 31,4-million tons, nearly doubling the expected life of the mine to 22 years, the company said on Wednesday. Better recoveries and lower unit costs...

Talison lithium sales surge 74% in Q3

Talison Lithium, which mines the battery making ingredient in Western Australia, boosted sales by 74% year-on-year in the March quarter as production rose along with prices. Output at the TSX-listed company’s Greenbushes mine hit another new...

Molycorp sees greater rare-earth supply shortages

NYSE-listed rare earth elements miner Molycorp needs to raise $120-million to complete the first phase of what will be the first significant non-Chinese producer in over a decade of the products used in iPads and guided missiles, the company said...

Avalon could sell equity stake to Asian company

TSX-listed Avalon Rare Metals CEO Don Bubar said on Monday there was a “good chance” of an Asian group buying a stake in his company to help finance its Nechalacho project in Canada’s Northwest Territories. “The anxiety levels in securing...

Talison to double Greenbushes lithium output by 2012

Talison Lithium on Wednesday said it has started an expansion at its Western Australian operations that, once complete, will lift the TSX-listed company’s production to the same level as the entire market for the battery ingredient in 2010. The...

Rare earth junior wants 2015 output from Wyoming project

Vancouver-based Rare Element Resources (RER), which is studying a project in Wyoming, could be producing by 2015 if all goes according to plan, CFO Mark Brown said on Thursday. The TSX-V-listed company will complete a scoping study on the Bear...