Avalon may build $302m rare earths plant in southern US

TSX- and NYSE-listed Avalon Rare Metals is negotiating with landowners for two potential sites in the US for a rare-earth element separation plant to treat product from its flagship Nechalacho project, in Canada. CEO Don Bubar said that Avalon...

Avalon shares slip after equity offering priced

Avalon Rare Metals, the company that hopes to build a rare earths mine in Canada’s Northwest Territories, on Wednesday raised the amount of shares it would sell in a financing announced the previous day, and priced them at C$5.81 apiece. That...

Avalon to sell shares to fund rare earths feasibility study

Rare earths junior Avalon Rare Metals on Tuesday said it planned to sell seven-million shares to raise cash to complete a feasibility study at its Thor Lake project in Canada’s Northwest Territories. While the company said it would price the...

Elissa to drill at Nevada rare earths project by year end

TSX V-listed Elisa Resources aims to start drilling at its Thor rare earth elements property in Nevada’s Mojave Desert region – just 26 km east of Molycorp’s Mountain Pass mine – by the end of the year. CEO Paul McKenzie said in an...

No immediate funding needs - Avalon

TSX-listed Avalon Rare Metals, which last week issued a shelf prospectus that allows it to raise up to $500-million over the next two years from selling shares, said on Tuesday it has no immediate plans to raise funds, but will need to over the...

Investors take closer look at rare earth elements as technology, green revolution pick up pace

Plucked from obscurity owing to growing demand, the world’s 16 rare earth elements (REEs) are a bit of a conundrum. For one, they are not actually rare. They are found in much higher quantities and much greater concentration than precious...

Investors take closer look at rare earth elements as technology, green revolution pick up pace

Plucked from obscurity owing to growing demand, the world’s 16 rare earth elements (REEs), are a bit of a conundrum.