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Rare-Earth Minerals

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... 

Canada’s EDC grants conditional approval for $300m funding to Arafura
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... 

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... 

Angolan flag
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... 

Adam Handley's core focus will be on strategic stakeholder engagement.
Northern Minerals appoints new chair as Curtis resigns
27th May 2024 By: Mariaan Webb

Heavy rare earths firm Northern Minerals has replaced Nicholas Curtis as chairperson, appointing Adam Handley as part of a board restructuring. Curtis has taken on the role of strategic adviser of... 

Vorster becomes Lindian CEO
27th May 2024 By: Creamer Media Reporter

Resources industry executive Alwyn Vorster has been appointed CEO of ASX-listed, Africa-focused rare earths company Lindian Resources. Vorster, who was previously CEO of Hastings Technology Metals... 

COMRO book editor Brian Protheroe (right) and Mining Weekly's Martin Creamer (left).
Massive water power possibilities in underground mining, says COMRO book editor
24th May 2024 By: Martin Creamer

When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research... 

Opening Junior Indaba panel (from left) Lili Nupen, Tseliso Maqubela, Errol Smart, Mosa Mabuza, Bernard Swanepoel.
Latest cadastre agreement excites South Africa’s Junior Indaba panel
21st May 2024 By: Martin Creamer

There were expressions of excitement at the South Africa’s Junior Indaba on Tuesday when attendees at the important mining event learnt of the signing of the service-level agreement (SLA) for South... 

Haul trucks in operation at a West African mine
Use resources to diversify African economies, unlock sustainable growth
21st May 2024 By: Schalk Burger

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal... 

Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council, Geoscience, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 

Area around Ampasindava project
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... 

US President Joe Biden
US tariffs on minerals leave out markets that China dominates
15th May 2024 By: Bloomberg

President Joe Biden just unveiled sweeping tariffs on a range of Chinese imports, including more than two dozen industrial raw materials. But the administration is being careful to avoid the... 

Pensana records encouraging testwork results from samples at Angola project
14th May 2024 By: Tasneem Bulbulia

London-listed Pensana Rare Earths says initial results from beneficiation testwork on samples from the Sulima West deposit at the Coola exploration licence, located 75 km north of Longonjo, in... 

From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
13th May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 

Hastings CEO departs amid cost-cutting restructuring
Hastings CEO departs amid cost-cutting restructuring
13th May 2024 By: Creamer Media Reporter

Paul Brown will leave rare earths developer Hastings Technology Metals at the end of the month as the company restructured its business to reduce costs. The restructuring has resulted in a... 

Power moves to establish an early niobium foothold in West Arunta
13th May 2024 By: Creamer Media Reporter

The share price of ASX-listed Power Minerals surged early 30% on Monday, following its announcement of a strategic move into the West Arunta region of Western Australia with the addition of the... 

Caprice ventures into West Arunta with project acquisition
9th May 2024 By: Creamer Media Reporter

Perth-based Caprice Resources on Thursday announced plans to acquire a project in the West Arunta region of Western Australia. Spanning over 1 479 km2, the Bantam project comprises four contiguous... 

Energy Fuels building up its monazite supply chain for REE production
Energy Fuels building up its monazite supply chain for REE production
6th May 2024 By: Mariaan Webb

Uranium and rare earth element (REE) producer Energy Fuels is making good progress towards securing its own large-scale, low-cost sources of monazite to process at its White Mesa mill, in the US,... 

Meteoric inks rare earths offtake MoU with Neo Performance
2nd May 2024 By: Mariaan Webb

Exploration company Meteoric Resources said on Thursday it had entered into a nonbinding memorandum (MoU) to supply Neo Performance Materials’ Estonia magnet manufacturing with rare earths from its... 

West Cobar adds scandium to Salazar basket
29th April 2024 By: Creamer Media Reporter

ASX-listed Cobar Metals has announced a maiden resource estimate for scandium, adding to the already valuable basket of minerals hosted at the Salazar project, north-east of Esperance in Western... 

Funding momentum builds for Tanzania rare earths project
29th April 2024 By: Mariaan Webb

The Ngualla rare earth project, in Tanzania, has received robust support from leading development finance institutions (DFIs), export credit agencies and commercial banks. In a funding update on... 

American Rare Earths’ Wyoming project sparks SPAC interest
American Rare Earths’ Wyoming project sparks SPAC interest
29th April 2024 By: Mariaan Webb

Australia-headquartered American Rare Earths has confirmed that its Halleck Creek project, in Wyoming, has captured the interest of a special purpose acquisition company (SPAC). However, the... 

ASM CEO and MD Rowena Smith
ASM secures another financing letter of intent from Canadian agency
26th April 2024 By: Marleny Arnoldi

Credit agency Export Development Canada (EDC) has indicated in a conditional letter of interest that it will provide a direct lending debt funding package of up to A$400-million to ASX-listed... 

Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 

An image of Ionic MD Tim Harrison
IonicRE raises $5.5m in a placement
24th April 2024 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $5.5-million, before costs, by way of a share placement of about 423-million shares. The placement includes... 

The Kalgoorlie rare earths processing plant
Lynas ups Kalgoorlie capital costs budget to A$800m
24th April 2024 By: Mariaan Webb

Rare earths miner Lynas has added another A$70-million to the final cost estimate of its delayed Kalgoorlie processing facility, with the full cost now set to come in at A$800-million. This... 

Exploration drilling at the Toliara project
Base Resources, Energy Fuels to merge, create enhanced critical minerals company
22nd April 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 

Pensana seeks to extend $15m loan facility
19th April 2024 By: Sabrina Jardim

Further to the Angolan Sovereign Wealth Fund advancing a $15-million loan facility to London-listed Pensana in August 2023, Pensana reports that discussions have been held regarding the extension... 

Godolphin takes 100% control of Narraburra rare earths project
19th April 2024 By: Darren Parker

ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already... 

A Whitehaven Coal operation
Whitehaven expects newly acquired mines to add up to 5Mt a quarter to production
19th April 2024 By: Marleny Arnoldi

Australia-based coal producer Whitehaven Coal continues to deliver strong operational performances at its Maules Creek and Gunnedah openpit mines, having produced 4.4-million tonnes of run-of-mine... 

From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 

Gina Rinehart
Rinehart takes stake in Lynas Rare Earths, shares jump
17th April 2024 By: Reuters

Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday.... 

Rainbow CEO George Bennett
Brazil rare earths project shares key similarities with Phalaborwa – Rainbow
16th April 2024 By: Darren Parker

Rare earths miner Rainbow Rare Earths has revealed that the results of mineralogy and hydrometallurgical testwork recently carried out on phosphogypsum material from the Mosaic Company’s Uberaba... 

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