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Rare Earth Minerals News

Japan, Congo agree to cooperate on stable supply of rare metals

By: Reuters     9th December 2022 Ministers from Japan and the Democratic Republic of Congo agreed on Friday to co-operate on efforts to ensure stable procurement of the rare metals in whose supply the African nation occupies a dominant role. Japan's industry minister, Yasutoshi Nishimura, met the mines minister of the DRC,... 

Lindian completes A$16m raise

By: Esmarie Iannucci     9th December 2022 Junior Lindian Resources has completed its A$16-million share placement, to partly fund the acquisition of the Kangakundu rare earth project, in Malawi. The company earlier this month announced the placement of some 73.45-million shares, priced at 21c each, and 36.73-million attaching options... 

Anglo invests $200m to accelerate zero emissions haulage solution 

By: Martin Creamer     7th December 2022 Diversified mining company Anglo American has signed a binding agreement with First Mode, the specialist engineering technology company it partnered to develop the nuGenTM technology. The agreement is intended to accelerate the commercialisation of the climate-friendly truck and includes Anglo... 

Aussie miners to adjust portfolios in 2023 - KPMG

By: Esmarie Iannucci     7th December 2022 A survey conducted by advisory firm KPMG has revealed that a significant number of Australian mining companies would change their portfolio of products towards future-facing commodities in 2023. KPMG Australia’s national mining and metals leader Nick Harridge said the economic shift toward a... 

AfriTin proposes changing its name to Andrada Mining

By: Darren Parker     6th December 2022 Aim-listed AfriTin Mining is seeking to change its name to Andrada Mining, reflecting the company’s expanding lithium and tantalum resources alongside its existing tin production, in Namibia. The company currently owns and operates the Uis tin mine. AfriTin management believes that the Uis... 

Uis mine

Hancock supports major capital raise by Arafura

By: Esmarie Iannucci     5th December 2022 Rare earths developer Arafura Rare Earths is looking to raise A$121-million through a share placement and share purchase plan (SPP) to accelerate the development timeline of its Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory. The company on Monday announced that it... 

Lindian raises A$16m for Kangankunde buy

By: Esmarie Iannucci     2nd December 2022 ASX-listed Lindian resources will raise A$16-million in a share placement to partly fund the acquisition of the Kangakunde rare earth project, in Malawi. The company on Friday said it had received firm commitments for the placement of 76.19-million shares, priced at 21c a share, from new and... 

Critical minerals strategy open for debate

By: Esmarie Iannucci     2nd December 2022 The federal government has released a discussion paper and opened public consultation on the future of the critical minerals industry in Australia. Minister for Resources and Northern Australia Madeleine King said the consultations would inform the government’s new Critical Minerals Strategy and... 

Australian Strategic Materials seeking investors for Dubbo rare earths project

By: Reuters     30th November 2022 Rare earths producer Australian Strategic Materials (ASM) is seeking investors for its Dubbo project in New South Wales state, the company's CEO Rowena Smith said on Wednesday. "So we are looking for offtake partners who will then take an equity portion in the project," Smith told Reuters at... 

Strong call for rapid green hydrogen investment by ramp-up backer 

By: Martin Creamer     30th November 2022 A strong call for final investment decisions (FIDs) on a multiplicity of green hydrogen projects was made at the South Africa Green Hydrogen Summit in Cape Town yesterday by H2Global, a market ramp-up instrument that serves as an innovative form of subsidy scheme to smooth out bumps along green... 

Taking part in the South Africa Green Hydrogen Summit panel discussion are (from left to right) facilitator Lorato Tshenkeng, Timo Bollerhey, Till Mansmann, Sasol’s Gosiame Khoele, and Tobias Bischof-Niemz.
Photo by Creamer Media
Taking part in the South Africa Green Hydrogen Summit panel discussion are (from left to right) facilitator Lorato Tshenkeng, Timo Bollerhey, Till Mansmann, Sasol’s Gosiame Khoele, and Tobias Bischof-Niemz.

Pensana reports early works are progressing well at Saltend, Longonjo

By: Marleny Arnoldi     28th November 2022 Rare earths developer Pensana reports that construction is progressing well at both its Saltend rare earths processing hub, in the UK, and its Longonjo rare earths mine, in Angola. The enabling works for construction, which started in October, are delivering on schedule at both sites, with the... 

R4-trillion needed for South Africa’s hydrogen economy, PIC declares 

By: Martin Creamer     28th November 2022 South Africa’s State-owned Public Investment Corporation (PIC) stated on Monday that more than R4.3-trillion is required for the development of the hydrogen economy, which it declared positive for people, planet, and client portfolios. The hydrogen investment strategy of the PIC, which has... 

Hydrogen promises to be the next frontier in clean energy technology due to its extensive value chain applications.
Photo by Siemens
Hydrogen promises to be the next frontier in clean energy technology due to its extensive value chain applications.

South Africa’s mining market is dynamic and fast-moving, Siemens Large Drives finds  

By: Martin Creamer     25th November 2022 South Africa is a super dynamic and super fast-moving market, says Siemens Large Drives global solutions head Oliver Beck, who has just completed a week of discussions with customers to highlight sustainability solutions for mining. From his perspective, South African mining economy is at the... 

Siemens Large Drives global solutions head Oliver Beck.
Siemens Large Drives' Oliver Beck, Tim Walwyn talk to Mining Weekly's Martin Creamer. Video: Nicholas Boyd, Shadwyn Dickinson. Video Editing: Darlene Creamer. Pictures: Donna Slater.

Miners welcome Australia's critical mineral support

By: Esmarie Iannucci     25th November 2022 Federal Resources Minister Madeleine King has outlined the Commonwealth government’s measures to assist in developing the critical minerals industry in the country, among which was the development of a new Critical Minerals Strategy. Speaking at the Australian Critical Minerals Summit, in... 

Chalmers warns of narrow critical mineral supply chains

By: Esmarie Iannucci     25th November 2022 Federal Treasurer Jim Chalmers has warned of the dangers of a constrained supply chain for the critical minerals sector, warning that the sector could become hostage to geopolitical competition and conflicts. Speaking at the Australian Critical Minerals Summit, in Sydney, Chalmers said that as... 

Image shows an aluminium refinery

South Africa’s crime crisis ruling out economic growth, sustainability discussion hears 

By: Martin Creamer     23rd November 2022 South Africa’s economic paradox is that it cannot grow economically if it has a burgeoning crime crisis but it is unable to solve the burgeoning crime crisis if it is not growing. That was the opening comment of outgoing Mineral Council South Africa CEO Roger Baxter, who anchored the second of... 

Roger Baxter.
Roger Baxter.

HyProMag receives grants to advance magnet production in Germany

By: Marleny Arnoldi     23rd November 2022 TSX-V- and Aim-listed Mkango Resources’ 42% indirectly owned UK-based rare earths recycling subsidiary HyProMag has been granted funding of €3.7-million to further develop its knowledge base, infrastructure and recycled neodymium magnet production capacity. The funding will help realise... 

Top green hydrogen/fuel cell collaboration boost for platinum-group metals 

By: Martin Creamer     16th November 2022 A joint development agreement struck between global majors Nel Hydrogen US and General Motors is expected to speed up the development of green hydrogen technology that is competitive with fossil fuels.  The aim of agreement is to help accelerate the industrialisation of Nel’s proton exchange... 

Green hydrogen and fuel cell collaboration announced by Nel and General Motors of the US.
Green hydrogen and fuel cell collaboration announced by Nel and General Motors of the US.

NT gov backs Arafura's plans for Nolans

By: Esmarie Iannucci     15th November 2022 The Northern Territory government has approved ASX-listed Arafura Rare earth’s mining management plan (MMP) for its Nolans neodymium-praseodymium (NdPr) project. The mining authorisation allows Arafura to mine, construct and operate the Nolans project, delivering formal approval of the MMP and... 

Opinion: African minerals are critical for the green energy transition

15th November 2022 In this article, Konrad-Adenauer-Stiftung – South African Institute of International Affairs scholar Danielle Marais writes about the importance of Africa's mineral resources for the global green energy transition. 

KAS-SAIIA Scholar Danielle Marais

Pensana outlines exploration findings on more rare earth targets

By: Marleny Arnoldi     14th November 2022 Rare earths developer Pensana has confirmed that it will predominantly focus its exploration efforts next year on the Sulima West carbonatite target, on the Coola exploration licence, in Angola. The target is located 40 km north of its Longonjo rare earths mine, which is under construction.  

Arafura confirms Nolans economics as it readies for FID

By: Esmarie Iannucci     11th November 2022 ASX-listed Arafura Rare Earths on Friday confirmed the economics of the Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory, following the signing of a binding offtake agreement with Hyundai Motor Company and Kia Corporation earlier this week. Capital costs for the project... 

More investment needed in Australia's critical minerals - PwC

By: Esmarie Iannucci     11th November 2022 A new report by PwC found that despite an increase in Australia’s critical minerals sector, the country’s current pipeline of development projects would fall well short of expected demand surge. In its latest Aussie Mine report, PwC said on Friday that factoring in project lead times, Australia... 

An image of the Australian flag

Mining Indaba to welcome more delegates, new features in 2023

By: Sabrina Jardim     9th November 2022 Next year’s Investing in Africa Mining Indaba – to be held at the Cape Town International Convention Centre from February 6 to 9 – will operate at full capacity, as all Covid-19 restrictions have been lifted. During a media briefing on November 9, portfolio director for the Indaba Simon Ford said... 

Simon Ford
Photo by Creamer Media's Donna Slater
Simon Ford

Investment needed for outgoing coal, incoming renewables, impacted communities, Mapungubwe highlights 

By: Martin Creamer     8th November 2022 With South Africa having committed to transition away from coal, investments will not only be required for the retiring of coal plants and the ramping up of renewable energy, but also for coal communities, who will require alternative economic development plans to sustain the livelihoods of all... 

President Cyril Ramaphosa arriving in Egypt for COP27.
President Cyril Ramaphosa arriving in Egypt for COP27.

Arafura inks offtake with Hyundai

By: Esmarie Iannucci     7th November 2022 ASX-listed Arafura Rare Earths has struck a neodymium-praseodymium (NdPr) offtake agreement with South Korea’s Hyundai Motor Company and Kia Corporation. The offtake agreement for the Nolans NdPr would cover an initial seven-year term, and could be extended by a further five years, by mutual... 

High commodity prices led to record tax - ATO

By: Esmarie Iannucci     3rd November 2022 Data released by the Australian Taxation Office (ATO) on Thursday showed that large corporations in Australia pad some $68-billion in income tax in 2020-21, the highest since reporting started. High commodity prices were the key drivers of the increase in corporate tax payments, the ATO said,... 

Green hydrogen truck trials going well – Anglo 

By: Martin Creamer     1st November 2022 The 500 t world-first haulage truck powered by green hydrogen last week underwent fully loaded trialling that included tipping into the crusher at Anglo American Platinum's Mogalakwena platinum group metals mine in Limpopo. “The trials all went well,” Anglo American group technical director Tony... 

Clockwise from top left are Duncan Wanblad, Tony O’Neill, Stephen Pearce and Hilton Ingram.
Photo by Creamer Media
Clockwise from top left are Duncan Wanblad, Tony O’Neill, Stephen Pearce and Hilton Ingram.

Breaking China’s grip on rare-earths market a 'pipe dream', Australia says

By: Bloomberg     1st November 2022 Australia’s Resources Minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals -- vital for the defense, aerospace and automotive industries -- due to the Asian powerhouse’s existing grip on global markets. “That’s a... 

An image of Australian Resources Minister Madeleine King
Australian Resources Minister Madeleine King

Lindian kicks off rare earths drilling at Malawi project

By: Darren Parker     31st October 2022 Drilling has started at ASX-listed Lindian Resources’ Kangankunde rare earths project in Malawi.  “In early August, I set an ambitious plan to be drilling at Kangankunde within three months. With shareholder approval for the acquisition granted in late September, and the blessing of the... 

Afrimat's interim earnings decrease, but diversification, efficiency improvements continue

By: Darren Parker     28th October 2022 Midtier mining company Afrimat reported a 14.5% decrease in headline earnings a share to 252.2c for the six months ended August 31. The Afrimat board declared an interim gross dividend of 40c a share – on par with the previous comparable period. 

Ionic welcomes inaugural independent ESG score

By: Tasneem Bulbulia     28th October 2022 An independent panel of globally recognised environmental, social and governance (ESG) experts from Digbee ESGTM have awarded ASX-listed Ionic Rare Earths an overall ESG rating of “BB” on both corporate and the Makuutu rare earth project  in Uganda. Makuutu is being developed by Ionic’s 51%-owned... 

Iconic receives ESIA approval for Makuutu project

By: Tasneem Bulbulia     27th October 2022 ASX-listed Ionic Rare Earths says Uganda’s National Environmental Management Authority (Nema) has approved the environmental- and social-impact assessment (ESIA) for the Makuutu rare earth project. This positions Makuutu as Uganda’s next mining development, set to unlock social and economic... 

New start-up intent on improving pit-to-port turnaround times  

By: Martin Creamer     27th October 2022 Three women who have been in logistics collectively for more than 30 years have formed a company intent on helping to smooth out rail and port logistics in the Southern African region. The three are Nosipho Damasane, Nyameka Madikizela and Ncumisa Dube, who have formed Indlela Connections. (Also... 

Indlela Connections chairperson Nosipho Damasane.
Indlela chairperson Nosipho Damasane and CEO Nyameka Madikizela talk to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Brownfields, byproducts and tailings are South Africa’s biggest growth opportunity

By: Nadine James     27th October 2022 Mining stakeholders ought to do more to capitalise on existing resources, such as available geological and mining data, Orion Minerals CEO Errol Smart noted at the 2022 Council for Geoscience Summit, on Wednesday. He explained that he felt that brownfield exploration, based historical data... 

Orion Minerals CEO Errol Smart
Orion Minerals CEO Errol Smart

Lynas farewells tough quarter

By: Esmarie Iannucci     27th October 2022 Rare earths miner Lynas faced a tough quarter in the three months to September, with production and revenue falling compared with the June quarter. Total rare earth oxide production for the quarter reached 3 500 t, down from the 3 650 t produced in the previous quarter, while... 

Make green hydrogen part of official economic recovery plan, Dept of Science and Innovation urges  

By: Martin Creamer     26th October 2022 South Africa should leverage the hydrogen opportunity as part of its official economic reconstruction and economic recovery plan. Dr Cosmas Chiteme, the director of hydrogen and energy at Department of Science and Innovation, highlighted this as the top key message on the way forward at the... 

Dr Cosmas Chiteme, Director of Hydrogen and Energy, Department of Science and Innovation.
Mistra platinum group metals event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Pensana pleased with move to construction at both Longonjo, Saltend

By: Creamer Media Reporter      26th October 2022 Tim George, the CEO of London-listed Pensana says the company is delighted to have moved into the construction phase at both its Longonjo rare earths mining project, in Angola, and its Saltend processing hub, in the UK. "We now have a multi-disciplinary team of over 120 engineers working across... 

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