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Rare Earth Minerals News

Katoro to assess Haneti's lithium potential

By: Creamer Media Reporter      9th July 2019 Aim-listed Katoro Gold will investigate the potential of lithium and rare earth element mineralisation that has been identified at its 75%-owned Haneti nickel project, in Tanzania. The company, which has focused on the exploration of nickel sulphides at the project, on Tuesday reported that its... 

Medallion considering US, Canada for rare-earth plant

By: Mariaan Webb     9th July 2019 TSX-V-listed junior Medallion Resources, which is pursuing production of magnet metals, believes the time is right to start selecting potential sites for a rare earth plant as part of a strategy of rebuilding a North American rare earth value chain. The company is seeking third-party proposals... 

Medallion considering US, Canada for rare-earth plant

Kvanefjeld costs nearly halved

By: Esmarie Iannucci     9th July 2019 The projected capital cost for the Kvanefjeld rare earths project, in Greenland, has been reduced by some 40%, from $832-million to $505-million, ASX-listed Greenland Minerals reported on Tuesday. The reduction in the capital costs estimates resulted from optimisation studies covering all... 

Commerce to restart pilot programme at Quebec rare earth project

By: Nadine James     5th July 2019 Commerce Resources on Friday announced that, given industry interest in its wholly-owned Ashram project and its development to date, the company intends to restart the pilot plant programme at Hazen Research, in Colorado, and produce several kilograms of representative rare earth samples for... 

Oro Verde targets 60% stake in Ugandan rare earths project

By: Nadine James     5th July 2019 ASX-listed Oro Verde will acquire up to a 60% stake in the Makuutu rare earths project, in Uganda. The project is owned by Rwenzori Rare Metals, which is, in turn, 85%-owned by South Africa’s Rare Earth Elements Africa. 

New association for rare earths established

By: Simone Liedtke     4th July 2019 The global Rare Earth Industry Association (REIA) has been established. Launched with the support of European research and development funding agency EIT RawMaterials, the establishment of REIA comes at a time of trade friction between the US and China, which threatens to impact on the global... 

Rainbow launches accelerated bookbuild to raise $5-million

By: Tasneem Bulbulia     3rd July 2019 Aim-listed high-grade rare earth producer Rainbow Rare Earths hopes to raise $5-million in an accelerated bookbuild. The funds raised will be invested in growing production at Rainbow’s fully operational Gakara Rare Earth project, in Burundi. 

Mkango terminates earn-in deal, extends Thambani exploration

By: Nadine James     1st July 2019 Aim- and TSX-V-listed Mkango Resources and metals investor Metal NRG have agreed to terminate their heads of terms agreement regarding an earn-in over Mkango’s Thambani licence, in Malawi. Thambani is one of Mkango’s three exclusive prospecting licences in Malawi and features multiple zones of... 

Chinese-US rare earth war could prompt India to overturn beach sand ban

By: Ajoy K Das     28th June 2019 Rising trade tensions between the US and China and the latter's threatening to leverage rare earth supplies in the trade war are likely to prompt the Indian government to reverse the ban on private beach sand mining imposed earlier this year. With China expected to tighten global supplies of rare... 

Lubricants company expects growth in mining segments

By: Jessica Oosthuizen     28th June 2019 Certain segments of the mining sector that have traditionally provided most of the impetus for players in the mining lubricants industry have declined significantly, but lubricants specialist FUCHS Lubricants South Africa (FUCHS SA) commercial sales manager Mitch Launspach says the company... 

Rare earths industry set to be shaken up by US-China trade war

By: Tasneem Bulbulia     27th June 2019 As the trade dispute between the US and China escalates, it is increasingly likely that China will use its near-monopoly in the global supply of strategic rare earths as leverage over the coming months, says Fitch Solutions Macro Research, a unit of Fitch Group. China currently holds a... 

Lynas extends JARE debt

By: Esmarie Iannucci     27th June 2019 Rare earths miner Lynas has extended its existing Japan Australia Rare Earths (JARE) loan facility by a decade. The maturity of the JARE facility has now been extended until the end of June 2030, with interest rates reduced from 3.75% a year to 2.5% a year, with a total of $146.9-million to be... 

Hastings gets EPA green light for WA rare earth project

By: Esmarie Iannucci     26th June 2019 The Western Australian Environmental Protection Authority has green-lit the A$427-million Yangibana rare-earths project, being developed by ASX-listed Hastings Technology Metals. The one-million-tonne-a-year operation is expected to produce some 15 000 t/y of mixed rare earths carbonate, and... 

Hastings gets EPA green light for WA rare earth project

Vital changes lanes into rare earths race

By: Esmarie Iannucci     25th June 2019 ASX-listed Vital Metals on Tuesday unveiled plans to pursue rare earth oxide development through the acquisition of privately-held Cheetah Resources. Cheetah has agreements in place to acquire the Thor Lake and Wigu Hill rare earth oxide projects, in Canada and Tanzania respectively. 

China's CNMC agrees to work on Madagascar rare earth project

By: Reuters     24th June 2019 A unit of China Nonferrous Metal Mining Group (CNMC) said on Monday it had signed a non-binding memorandum with Singapore-listed ISR Capital that could see the Chinese firm work as a contractor on a rare earths project in Madagascar with rights to purchase products. China Nonferrous Metal... 

Trump, Trudeau seek collaboration on 'critical minerals' - White House

By: Reuters     21st June 2019 US President Donald Trump and Canadian Prime Minister Justin Trudeau ordered officials on Thursday to develop a plan for US-Canada collaboration on "critical minerals", the White House said in a statement after a meeting of the two leaders. Washington has grown concerned about its dependence on... 

Lynas stockpiles rare earths for 'strategic' customers

By: Reuters     21st June 2019 Australia's Lynas said it was stockpiling production of a major rare earth element, with prices jumping in recent weeks as supply concerns mount amid trade tensions between China and the United States. The miner said its decision to stockpile neodymium praseodymium (NdPr), used in industrial... 

Lynas stockpiles rare earths for 'strategic' customers

Real-time data playing bigger maintenance role

By: Tracy Hancock     21st June 2019 As the world gears up for the Fourth Industrial Revolution, African mines are embracing real-time information management systems to plug the gap left by the shortage of competent maintenance supervisors and mining equipment operators, Mining Equipment Manufacturers of South Africa CEO Ossie... 

Real-time data playing bigger maintenance role
Photo by Creamer Media
BIG DEAL The decision to buy a piece of equipment should always include maintenance elements

Malaysia postpones meeting with Australia on Lynas waste

By: Reuters     19th June 2019 Malaysia's energy and environment minister has delayed a visit to Australia to discuss rare earth miner Lynas Corp's storage of radioactive waste in the Southeast Asian nation, according to a ministry spokeswoman. The trip, initially scheduled for this week, has been postponed "pending further... 

Australian rare earth miners push development deals to counter China grip

By: Reuters     17th June 2019 Rare earth developers in Australia say they are edging closer to signing deals with new customers that would drive forward their projects amid mounting global supply concerns over the minerals that are crucial to high-tech industries. Australia contains only 2.8% of the world's rare earth... 

EU: No strategy yet if China halts critical exports in US trade war

By: Reuters     13th June 2019 The European Union on Thursday said it had no clear strategy on how to ensure continued supplies of critical raw materials if China, the world's leading supplier of rare earth minerals, used such exports as leverage in the escalating US-China trade war. EU Trade Commissioner Cecilia Malmstrom... 

EU: No strategy yet if China halts critical exports in US trade war

Romania offers rare earths to enter lucrative battery market

By: Bloomberg     13th June 2019 Romania is reopening mines for rare earth minerals to lure investments in electric battery plants, joining a Europe-wide initiative that aims for a bigger share of the global market. The government is renewing operations at three mines that produce rare metals, including europium and dysprosium,... 

Galileo mulls rare earths production amid possible Chinese export ban

By: Marleny Arnoldi     12th June 2019 Amid a looming global rare earth supply shortage, Aim-listed Galileo Resources is considering the options for its 34%-owned Glenover rare earth/phosphate project, in Limpopo, South Africa. The company stated in a release issued on Wednesday that, should China stop exports of rare earth minerals... 

China's grip on rare earths began with a decision 30 years ago

By: Bloomberg     11th June 2019 It was Beijing’s decision almost 30 years ago to make rare earths a strategic material and ban foreigners from mining them that helped pave the way for China to elbow aside the US as the world’s leading producer. In the intervening period, as China tightened control of domestic output of rare... 

China's grip on rare earths began with a decision 30 years ago

Northern Minerals to raise A$22m

By: Creamer Media Reporter      7th June 2019 Northern Minerals, which operates the Browns Range heavy rare earth pilot plant in Western Australia, has unveiled plans to raise A$22-million. The company will raise A$15-million by way of a placement and is undertaking an one for thirteen accelerated nonrenounceable entitlement offer at... 

Rare earths giant Lynas to prioritise US military's needs, CEO says

By: Bloomberg     7th June 2019 The world’s largest rare-earth producer outside of China will prioritise the US military’s needs when it starts production at a plant it’s building in Texas, the company’s CEO said. While defence applications are small compared to commercial uses, the military has been successful in creating... 

Rare earths giant Lynas to prioritise US military's needs, CEO says
Lynas CEO Amanda Lacaze

China rare earth prices soar on their potential role in trade war

By: Reuters     6th June 2019 Chinese rare earth prices are set to climb further beyond multi-year highs hit following a flurry of state media reports that Beijing could weaponise its supply-dominance of the prized minerals in its trade war with Washington. Rare earths, a group of 17 elements that appear in low... 

Manganese poised to make its mark as EV metal  

By: Martin Creamer     5th June 2019 Manganese could make its mark in the battery electric vehicle (EV) arena by displacing cobalt to a large extent in many of the cathode formulations, where the bulk of battery metals are used. The Junior Indaba heard on Wednesday that manganese, which South Africa hosts in abundance, is in a race... 

Manganese poised to make its mark as EV metal
Junior Indaba strategic metals discussion covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer

US report urges steps to reduce reliance on foreign critical minerals

By: Reuters     5th June 2019 The US Commerce Department on Tuesday recommended urgent steps to boost domestic production of rare earths and other critical minerals, warning that a halt in Chinese or Russian exports could cause "significant shocks" in global supply chains. The report includes 61 specific recommendations -... 

US report urges steps to reduce reliance on foreign critical minerals

China to consider strengthening controls on rare earth exports – NDRC

By: Reuters     5th June 2019 China will consider strengthening controls on exports of rare earths, 17 chemical elements used in high-tech consumer electronics and military equipment, to protect and better use such "strategic resource", the State planner said on Tuesday. Rising tensions between the United States and China... 

Junior mining badly in need of kickstart – Swanepoel   

By: Martin Creamer     4th June 2019 Junior mining is badly in need of a policy framework that will kickstart activity, mining luminary Bernard Swanepoel said on Tuesday. Speaking to a packed 2019 Junior Indaba conference for explorers, developers and investors in junior mining, Swanepoel outlined how he had boldly stepped into the... 

Junior mining badly in need of kickstart – Swanepoel
Junior Indaba opening addresses covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer. Photographs: Creamer Media’s Dylan Slater.

Pensana raises $5m for Longonjo PFS

By: Creamer Media Reporter      4th June 2019 ASX-listed Pensana Metals has raised $5-million through the private placement of 250-million shares at $0.02 a share. The funds will be spent on the prefeasibility study (PFS) into the development of its Longonjo neodymium/praseodymium (NdPr) project, in Angola. 

Australia, Malaysia to meet over rare earths on June 20

By: Reuters     4th June 2019 Australian and Malaysian government officials are due to meet later this month, a state mining spokeswoman confirmed and the plan for Lynas Corp's controversial rare earths waste storage in the country is likely to be at the top of the agenda. Bill Johnston, Western Australia's Minister for... 

Russia owns lots of rare earth but mines little. That's changing 

By: Bloomberg     3rd June 2019 With rare earths in the cross hairs of the US-China trade war, there’s a sharp focus on who else can sell the critical minerals. Russia could become one supplier. The country accounts for less than 2% of global production, but owns the world’s fourth-biggest reserves, according to the US... 

China willing to meet reasonable rare earth demand from other countries

By: Reuters     30th May 2019 China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths to manufacture products would turn around and suppress China, its commerce ministry said. That would be unacceptable, Gao Feng, spokesman at the... 

Cautionary rare earths tale found in Molycorp's rise and fall

By: Bloomberg     30th May 2019 Investors with long memories might be forgiven for a sense of deja vu over warnings about rare earths and Chinese supply. Chinese state media reports grabbed global attention Wednesday as they dropped heavy hints about export cuts. Rare earths – a group of 17 obscure, hard-to-pronounce elements... 

Cautionary rare earths tale found in Molycorp's rise and fall
The Mountain Pass mine, in the US.

Here are China's rivals in shipping rare earths to the US

By: Bloomberg     30th May 2019 US consumers of rare earths including makers of magnets used in electric vehicles, drones and robots are likely to scramble for supply of the minerals should China curb exports as the trade war deepens. Here’s a list of alternative exporters that American manufacturers may turn to for rare earth... 

Rare earths give abundant returns as investors guess trade twist

By: Bloomberg     29th May 2019 Returns for investors in Chinese rare earths stocks are looking anything but scarce. Investors are piling into the sector on speculation the materials may be weaponized in China’s tit-for-tat trade war with the US President Xi Jinping’s visit to a rare earth facility in Jiangxi last week fueled... 

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