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Rare-Earth Minerals

An image showing chairperson Armando Manuel and FSDEA board members reviewing progress on site with CCO William Izod and Longonjo team members
Angolan sovereign wealth fund satisfied with Longonjo construction progress
15th January 2024 By: Tasneem Bulbulia

Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA) is “delighted to see the excellent progress” that is being achieved on site at the Longonjo rare earths project, as this is an... 


Altona receives Ministerial approval to increase holding in Monte Muambe Mining
15th January 2024 By: Tasneem Bulbulia

London-listed Altona has received formal regulatory approval from the Mozambican Minister of Mineral Resources and Energy regarding the increase of its shareholding in Monte Muambe Mining to 51%.... 


Fortune Bay acquires Spruce uranium project in Saskatchewan
12th January 2024 By: Darren Parker

TSXV-listed exploration and development company Fortune Bay has acquired the Spruce uranium project in the north-central margin of the Athabasca Basin, near the community of Fond du Lac, in... 


JSE business development manager Patrycja Kula-Verster
JSE presents opportunity for critical mineral miners to access capital
12th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


China's rare earth exports rise on demand from EV, high-tech sectors
12th January 2024 By: Reuters

China's exports of rare earths in 2023 rose 7.3% from the prior year, customs data showed on Friday, boosted by competitive prices and growing overseas demand from electric vehicle makers and other... 


Aerial view of the Phosphogypsum stacks at the Phalaborwa project
Rainbow says positive milestones reached with rare earth processing pilots
11th January 2024 By: Marleny Arnoldi

London-listed Rainbow Rare Earths has announced progress with its Phalaborwa pilot plant, with rare earth oxide (REO) separation now under way at the facilities of Rainbow’s technical partner,... 


Defense Metals, Ucore sign MoU for collaboration on REE supply chain
10th January 2024 By: Tasneem Bulbulia

Mineral exploration and development company Defense Metals has executed a non-binding memorandum of understanding (MoU) with TSX-V-listed Ucore Rare Metals to explore collaborative opportunities as... 


Si6 to acquire Brazil REE licences
9th January 2024 By: Schalk Burger

ASX-listed critical metals and minerals explorer Si6 Metals expects to complete the acquisition of a 50% interest in a portfolio of exploration licences in Brazil from exploration firm Foxfire... 


Pensana progressing activities at Angola project prior to main construction
9th January 2024 By: Tasneem Bulbulia

London-listed Pensana has made significant strides at the Longonjo mine site in Angola ahead of main construction starting later this year. The company is currently busy with civil works for the... 


Critical Mineral Resources appoints COO after chairperson resignation
20th December 2023 By: Donna Slater

Morocco-focused critical mineral explorer and developer Critical Mineral Resources (CMR) reports that chairperson Christopher Lambert has left the company’s board of directors with immediate effect... 


Rwandan President Paul Kagame (pictured), with European Commission President Ursula von der Leyen,
witnessed the signature of the partnership by EIB VP Gelsomina Vigliotti and Rwanda Finance and Economic Planning Minister Dr Uzziel Ndagijimana
Rwanda, European Investment Bank ink critical material declaration
19th December 2023 By: Donna Slater

The government of Rwanda and the European Investment Bank (EIB) signed a joint declaration, on December 19, enabling a strategic alliance to enhance investment in critical raw material value... 


Minister for Resources Madeleine King
Australia expands list of critical minerals key to transition
17th December 2023 By: Bloomberg

Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector. The... 


Arafura upsizes placement to A$25m
14th December 2023 By: Creamer Media Reporter

ASX-listed Arafura Rare Earths, which is advancing the Nolans neodymium-praseodymium project in the Northern Territory, has upsized its placement from A$20-million to A$25-million, owing to strong... 


Additional critical minerals stream doubles Toliara NPV
Additional critical minerals stream doubles Toliara NPV
14th December 2023 By: Mariaan Webb

Mineral sands producer Base Resources is setting up its Toliara project, in Madagascar, as potentially one of the biggest and most cost-competitive sources of rare earth oxides globally by... 


Altona subsidiary lodges mining licence application for Mozambique project
14th December 2023 By: Creamer Media Reporter

London-listed resource exploration and development company Altona says its subsidiary Monte Muambe Mining has lodged an application for a mining licence, or mining concession, for the Monte Muambe... 


Equinox makes rare earths expansion in Brazil
14th December 2023 By: Creamer Media Reporter

Australia-listed Equinox Resources has moved to expand its rare earths exploration footprint in Brazil by applying for a new package of prospective rare earth clay tenements. This involves... 


New ore sorter installed at Blesberg ahead of schedule
13th December 2023 By: Darren Parker

Mining and development company Marula Mining has confirmed the full installation of the Rados SRF100-8 X-ray fluorescence (XRF) ore sorter, associated conveyors and support equipment at the... 


ICMM CEO Rohitesh Dhawan.
Mining urged to embrace international council’s new Scope 3 emissions guidance
13th December 2023 By: Martin Creamer

All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday.... 


Mkango says first recycled rare earth magnets to be produced in the UK in 20 years
12th December 2023 By: Darren Parker

Aim-listed Mkango Resources has announced the first production of recycled rare earth magnets in the UK on commercial-scale magnet manufacturing equipment in more than 20 years. Production of... 


$200m Longonjo financing announcement expected early next year
12th December 2023 By: Darren Parker

An announcement is expected to be made in the first quarter of next year regarding the financing of the $200-million upfront capital expenditure (capex) needed to develop one of the world’s largest... 


IonicRE increases ownership of Makuutu project to 94%
11th December 2023 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths (IonicRE) has signed a share purchase agreement with Rare Earth Elements Africa to acquire a further 34% interest in local Ugandan operating entity Rwenzori Rare... 


Rare earths, community engagement, renewables make headlines
Rare earths, community engagement, renewables make headlines
8th December 2023

Mining Weekly Editor Martin Creamer discusses South Africa's role for a more diversified supply chain of critical rare earths for the green energy transition; the South African mining industry... 


Australian Mines diversifies battery metals portfolio
7th December 2023 By: Marleny Arnoldi

ASX-listed Australian Mines (AUZ) has acquired two highly prospective exploration projects in Brazil for $1.1-million – the Jequie rare earths and Resende lithium projects. The projects are... 


Ionic selects WSP to deliver feasibility study for UK magnet recycling facility
7th December 2023 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths’ 100%-owned subsidiary Ionic Technologies International, based in Belfast, in the UK, has progressed the delivery of a feasibility study for a commercial magnet... 


Kalgoorlie rare earths facility receives first feed
Kalgoorlie rare earths facility receives first feed
7th December 2023 By: Creamer Media Reporter

The first feed material from the Mt Weld mine has been introduced into the A$730-million Kalgoorlie rare earths processing facility, marking the facility’s transitioning from the commissioning... 


Jupiter Mines chairperson Ian Murray
South Africa’s community engagement ahead of global peers, manganese AGM hears
6th December 2023 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


Altona’s shareholding in Monte Muambe increases to 51%
6th December 2023 By: Tasneem Bulbulia

London-listed Altona’s shareholding in Monte Muambe Mining Limitada has now increased from 20% to 51%, following the successful completion of Phase 2 of the Monte Muambe rare earths project. Monte... 


Rainbow Rare Earths Phalaborwa mine.
South Africa’s permanent magnet rare earths attracting keen interest
5th December 2023 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.... 


Western start-ups seek to break China's grip on rare earths refining
5th December 2023 By: Reuters

Start-up tech firms are racing to transform the way rare earths are refined for the clean energy transition, a push aimed at turbocharging the West's expansion into the niche sector that underpins... 


Vital appoints REE specialist as VP exploration
4th December 2023 By: Creamer Media Reporter

Canada-focused Vital Metals has appointed rare earth systems specialist and professional geologist Dr Natalie Pietrzak-Renaud as its VP of exploration. Announcing her appointment, the ASX-listed... 


$150m in Korea EximBank funding on the cards for Nolans
4th December 2023 By: Creamer Media Reporter

Rare earths developer Arafura has announced a nonbinding letter of interest (LoI) from the Korea export-import bank (KEXIM) for the provision of up to $150-million in debt funding for the Nolans... 


TechMet CEO Brian Menell
US gives $50m boost to critical minerals investor TechMet
1st December 2023 By: Bloomberg

A US government agency has given investment firm TechMet an additional $50-million to support the company’s focus on critical minerals. The backing from the US International Development Finance... 


Lindian progressing Malawi project
1st December 2023 By: Tasneem Bulbulia

ASX-listed Lindian Resources has made “excellent” progress this year on mine development operations and the commissioning of the Stage 1 processing plant at the Kangankunde rare earths project in... 


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