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Rare Earth Minerals News

Nombasa Tsengwa appointed CEO-designate of Exxaro Resources 

By: Martin Creamer     18th March 2021 Dr Nombasa Tsengwa has been appointment CEO-designate of diversified mining and energy company Exxaro Resources, effective from 31May 2023, when current CEO Mxolisi Mgojo reaches the retirement age of 63. The appointment of Dr Tsengwa, who is Exxaro’s current MD Minerals, forms part of what the... 

Northern Cape ‘elephant country' needs exploration boost, says explorer  

By: Martin Creamer     17th March 2021 South Africa is still "elephant country" and needs to boost exploration in the Northern Cape's highly prospective Namaqua metamorphic geological province in particular, says PGM Management MD Gerhard Meintjes. Meintjes, a private explorer who spoke to Mining Weekly in a Zoom interview, focuses on... 

Northern Cape ‘elephant country' needs exploration boost, says explorer
PGM Management MD Gerhard Meintjes interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

What countries will fight over when green energy dominates

By: Bloomberg     16th March 2021 The Rand Corporation’s been designing war games with the Pentagon since the 1950s, modelling such hard-nosed security scenarios as a two-front US war with China and Russia. Now the think tank is turning its realpolitik tool kit to a question more often associated with environmental dreamers: How... 

Rainbow Rare Earths appoints ANSTO for flow sheet optimisation in Phalaborwa project

By: Schalk Burger     15th March 2021 London-listed Rainbow Rare Earths has appointed Australian State-owned mineral sciences and services company ANSTO Minerals to advance the flow sheet process optimisation at the Phalaborwa rare earths project, in South Africa. The completion of ANSTO's project, after which Rainbow will publish a... 

Just clearing exploration backlog would be huge leap forward – Miller  

By: Martin Creamer     12th March 2021 Ahead of tackling policy issues, incremental ongoing effort must be prioritised to clear South Africa’s huge mineral exploration and mining rights backlog, says AmaranthCX director Paul Miller. The backlog currently stands at more than 5 000 unprocessed exploration applications and  235... 

Just clearing exploration backlog would be huge leap forward – Miller
AmaranthCX director Paul Miller talks exploration to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Canada targets 31 critical minerals for domestic production

By: Mariaan Webb     12th March 2021 Natural Resources Minister Seamus O’Regan has announced the release of a Canadian critical minerals list, signalling to investors where the country’s focus will be in the global race to shore up supply of minerals that will drive the transition towards a low-carbon future. The list, announced... 

Canada targets 31 critical minerals for domestic production
Canadian Natural Resources Minister Seamus O'Regan

Ontario seeks to capitalise on growing demand for critical minerals

By: Mariaan Webb     11th March 2021 The Ontario government is developing its first-ever critical minerals strategy to help generate investment, increase the province's competitiveness in the global market, and support its transition to a low-carbon economy. Announcing the initiative at the Prospectors and Developers Association’s... 

Ontario seeks to capitalise on growing demand for critical minerals

Commercial rare earth recovery to start in coming weeks – Energy Fuels

By: Creamer Media Reporter      10th March 2021 US-based uranium mining company Energy Fuels is on the cusp of starting commercial rare earth production in Utah. The first shipments of natural monazite ore from Chemours have arrived at the White Mesa mill, in Blanding, marking the beginning of operations for what Energy Fuels expects will... 

Commercial rare earth recovery to start in coming weeks – Energy Fuels
The White Mesa mill, in Utah

Pensana appoints COO, metallurgical manager

By: Creamer Media Reporter      8th March 2021 London-listed Pensana has appointed a new COO and a new metallurgical manager, as part of the company's strategy to establish the world's first fully sustainable mine-to-magnet metal supply chain from the proposed rare earth oxide separation facility at the  Saltend Chemicals Park in the Humber,... 

Vital readies for start at Nechalacho

By: Esmarie Iannucci     8th March 2021 ASX-listed Vital Metals has produced a 12 kg rare earth carbonate bulk sample at its Nechalacho project, in Canada, as it prepares for the start of rare earth production in the second quarter. The company on Monday said that the sample is now being prepared for shipment to offtake partner REEtec... 

Mines anywhere, everywhere can go green – Hydrogen Optimized 

By: Martin Creamer     8th March 2021 Owing to the ubiquity of the world’s sun and the wind, all mines have the opportunity to generate their own green electricity no matter where they are located in the world, Hydrogen Optimized CEO Andrew T Stuart emphasised during last week’s Fasken online panel discussion on hydrogen. In this... 

Mines anywhere, everywhere can go green – Hydrogen Optimized
Photo by Creamer Media
Fasken panel that discussed hydrogen.

Tsodilo gets green light to list on OTCQB

By: Donna Slater     4th March 2021 TSX-V-listed diamond and metals exploration company Tsodilo Resources has received approval to start trading on the OTCQB Venture Market under the symbol TSDRF as of the start of trading on March 4. Chairperson and CEO James Bruchs says the company believes a secondary listing on this market... 

Rare earth, uranium miners benefit from EV mania and dash of ESG

By: Bloomberg     4th March 2021 Rare earth miners and uranium producers are reaping rewards from the flood of money pouring into electrification and ESG investing themes. Lithium producers have been more traditional beneficiaries of EV and the green energy push. But more recently, rare earth producers have also started to... 

Rare earth, uranium miners benefit from EV mania and dash of ESG
The Mountain Pass mine contains more than 800 000 t of recoverable rare earth oxides with an average 8% ore grade, one of the highest quality known deposits in the world.

Mining magnets: Arctic island finds green power can be a curse

By: Reuters     3rd March 2021 In the tenth century, Erik the Red, a Viking from Iceland, was so impressed with the vegetation on another Arctic island he had found he called it "the green land". Today, it's Greenland's rocks that are attracting outsiders - superpowers riding a green revolution. The world's biggest island has... 

Mining magnets: Arctic island finds green power can be a curse
Greenland Minerals and Energy's Kvanefjeld

Pensana bolsters board with appointment of new nonexec director

By: Creamer Media Reporter      2nd March 2021 London-listed Pensana has appointed Dr Jeremy John Beeton as a nonexecutive director, with immediate effect. "We warmly welcome Jeremy to the board. As we move into the financing and construction phase of the Saltend processing facility and the mine development in Angola, Jeremy brings extensive... 

New rare earth initiative spanning Europe and North America launched

By: Creamer Media Reporter      2nd March 2021 Rare earth company Neo Performance Materials has teamed up with US-based Energy Fuels to launch a new production initiative, spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct... 

New rare earth initiative spanning Europe and North America launched
The White Mesa mill in Utah

ASM eyes Korean plant start in 2022

By: Esmarie Iannucci     2nd March 2021 A scoping study by ASX-listed Australian Strategic Materials (ASM) into an initial 5 200 t/y metals plant in Korea, has demonstrated the feasibility for the project. The company is hoping to independently produce key critical metals, focusing on rare earths, titanium and zirconium metals,... 

China says underpricing rare earths will lead to race to bottom

By: Reuters     1st March 2021 China's rare earths are underpriced due to vicious competition and face low resource utilisation, which would lead to a race to the bottom, the country's industry minister said on Monday. "Our rare earths did not sell at the 'rare' price but sold at the 'earth' price... because of competitive... 

China says underpricing rare earths will lead to race to bottom
Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province. China's rare earth exports hit a five-year low last year.

Lynas profits soar

By: Esmarie Iannucci     26th February 2021 Rare earths miner Lynas has reported a significant increase in its net profits and revenues for the half year ended December, with record sales achieved in the December quarter. The ASX-listed miner on Friday reported that net profits for the interim period increased to A$40.6-million, up from... 

US miner applauds Biden’s order on securing critical supply chains 

By: Mariaan Webb     25th February 2021 President Joe Biden on Wednesday signed an executive order targeting supply chains in key industries to bolster domestic production and avoid shortages of critical products. The order directs an immediate 100-day review across federal agencies to address vulnerabilities in the supply chains... 

US miner applauds Biden’s order on securing critical supply chains
President Joe Biden

Test mine study under way for Fourth Industrial Revolution try-outs  

By: Martin Creamer     24th February 2021 A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering... 

Test mine study under way for Fourth Industrial Revolution try-outs
Joburg Indaba Modernisation in Mining virtual event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Mkango starts flotation pilot testwork at Malawi project

By: Marleny Arnoldi     24th February 2021 Aim-listed Mkango Resources has started with testwork on a pilot flotation plant for the Songwe Hill rare earths project, in Malawi. The pilot programme is being conducted at ALS Metallurgy, in Perth, with a new flotation regime planned to be scaled up as part of the programme.  

Study shows potential to double capacity, reduce costs at Gakara processing plant

By: Donna Slater     23rd February 2021 An enhanced scoping study for Rainbow Rare Earths’ Gakara rare earths project points to a doubling of rare earth elements cracking plant capacity, from 5 000 t/y to 10 000 t/y. Rainbow sought to update the feasibility of the processing facility to produce a high-purity cerium-depleted mixed rare... 

China boosts its mining quota for first batch of rare earths

By: Bloomberg     22nd February 2021 China increased its mining quota for the first batch of rare earths by 27% from a year earlier, with demand for the strategic minerals unabated despite the pandemic. The new quota for the first batch is 84 000 t, China’s Ministry of Industry and Information Technology said in a statement on... 

Hastings enlarges capital raise to A$100m

By: Esmarie Iannucci     22nd February 2021 Rare earths developer Hastings Technology Metals on Monday said that it had received firm commitments to raise more than A$100-million through a two-tranche placement to accelerate the construction if its Yangibana project. The company last week announced a fully underwritten placement to... 

China may ban rare earth technology exports on security concerns 

By: Bloomberg     19th February 2021 China may ban the export of rare-earths refining technology to countries or companies it deems as a threat on state security concerns, according to a person familiar with the matter. The Chinese government is currently conducting a review of its rare-earths policy. Officials view the technology... 

China may ban rare earth technology exports on security concerns

Hastings sets cap for A$57m raise

By: Esmarie Iannucci     18th February 2021 ASX-listed Hastings Technology Metals has launched a A$57.2-million capital raise to advance its Yangibana rare earths project, in Western Australia. The company on Thursday announced that it would place some 301.1-million shares at a price of 19c each, representing a 20.8% discount to... 

Ionic raises cash for Ugandan project

By: Esmarie Iannucci     17th February 2021 ASX-listed Ionic Rare Earths will raise A$12-million in a share placement, priced at 4c each to both new and existing institutional shareholders. The company on Wednesday announced that it had received binding commitments for the placement of 300-million shares at an issue price of 4c each,... 

China eyes rare earth export curbs for US defence sector – FT

By: Bloomberg     17th February 2021 China is exploring whether it can hurt U.S. defense contractors by limiting supplies of rare-earth minerals that are critical to the industry, the Financial Times reported. Industry executives said government officials had asked them how badly companies in the US and Europe would be affected if... 

Northern Minerals raises A$20m

By: Esmarie Iannucci     16th February 2021 ASX-listed Northern Minerals will raise A$20-million in an oversubscribed share placement to sophisticated and institutional investors. The company on Tuesday said that the private placement was priced at 4.9c a share, a 5.8% discount to Northern Minerals’ last closing price of 5.2c a share on... 

Phalaborwa assay results confirm high-grade nature of mineralisation

By: Tasneem Bulbulia     12th February 2021 Aim-listed Rainbow Rare Earths has received the first batch of assay results of the auger drilling programme completed at the Phalaborwa rare earths project in South Africa, which have confirmed the high-grade nature of the mineralisation. The results confirmed an average in situ grade of 0.50%... 

Vision Blue helping world to achieve green dream with high-return prospects for investors  

By: Martin Creamer     10th February 2021 The world’s energy transition away from fossil fuels is a phenomenon that is not dependent on any assumptions about gross domestic product (GDP) growth or countries urbanising or industrialising. It is a phenomenon driven by international consensus that the carbon footprint of the world has to be... 

Vision Blue helping world to achieve green dream with high-return prospects for investors
Sir Mick Davis interviewed by Mining Weekly’s Martin Creamer about Vision Blue Resources. Video: Darlene Creamer.

Possible impact of Myanmar coup on China's metal and rare earth supply

By: Reuters     10th February 2021 Myanmar's military coup and declaration of a state of emergency has sparked concern in neighbouring China over metal and mineral supplies amid already high tin, copper and rare earth prices. Below is a description of trade flows from Myanmar to China, the world's top metals consumer, with... 

Platinum group metals outlook: constrained supply, very strong demand growth – WPIC  

By: Martin Creamer     8th February 2021 The outlook for platinum group metals (PGMs) is one of constrained supply and very strong demand growth. “You’ve got the entire PGMs suite that is short and that certainly will translate into tight markets,” World Platinum Investment Council (WPIC) Director of Research Trevor Raymond told Mining... 

Platinum group metals outlook: constrained supply, very strong demand growth – WPIC
World Platinum Investment Council Director of Research Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Kvanefjeld public consultation extended

By: Esmarie Iannucci     5th February 2021 The government of Greenland has extended the public consultation period for the Kvanefjeld rare earths project until June 1. ASX-listed Greenland Minerals on Friday said that this extension would result in a 23-weeek consultation period, instead of the originally determined 12 weeks. 

Botswana intensifying effort to attract non-diamond exploration  

By: Martin Creamer     3rd February 2021 Botswana has intensified efforts to digitise and make geoscience information readily available to local and international potential investors in an effort to encourage prospecting for non-diamond minerals, Botswana President Mokgweetsi Masisi told the virtual 2021 Investing in African Mining... 

Botswana intensifying effort to attract non-diamond exploration
Photo by Creamer Media
Botswana president Mokgweetsi Masisi

Vital inks offtake agreement

By: Esmarie Iannucci     2nd February 2021 ASX-listed Vital Metals has signed a definitive offtake agreement with REEtec to supply 1 000 t/y of rare earth oxide for a period of five years. Under the terms of the agreement, both parties would have the option to increase the offtake volume by up to 5 000 t/y over ten years. 

‘We need exploration to grow our industry’ – Minerals Council  

By: Martin Creamer     1st February 2021 “We need exploration to grow our industry,” Minerals Council South Africa president Mxolisi Mgojo said on Monday during a virtual State of the Mining Nation media briefing in which he described exploration as one of the low-hanging fruits that could change South Africa’s economic trajectory in... 

‘We need exploration to grow our industry’ – Minerals Council
Minerals Council South Africa media brief reporting by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
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