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Rare Earth Minerals News

Malaysia extends licence for Lynas' rare earths processing plant for 6 months

By: Reuters     15th August 2019 Malaysia on Thursday renewed the operating licence for a rare earths processing plant owned by Australian miner Lynas Corp for six months with new conditions, ending a long-running dispute over radioactive waste disposal at the site. The Atomic Energy Licensing Board, an agency under the... 

Northern Minerals looks at new cornerstone investor

By: Esmarie Iannucci     15th August 2019 Heavy rare earths producer Northern Minerals is looking to raise A$20-million through a share placement to China’s Baogang Group Investment. The company will issue more than 322.58-million shares, at a price of 6.2c each, to raise the funds, with the placement subject to shareholder approval and... 

Northern Minerals mulls downstream processing

By: Esmarie Iannucci     14th August 2019 Heavy rare earths producer Northern Minerals has launched a scoping study to investigate downstream processing of mixed rare earths into separated rare earth oxides. The ASX-listed company has selected US-based K-Technologies to assess the suitability of its proprietary technology to separate... 

Northern Minerals finds new partner for Browns Range

By: Esmarie Iannucci     12th August 2019 Rare earths miner Northern Minerals has secured a new offtake partner for all of the product from its Browns Range pilot plant project, in German material distributor Thyssenkrupp Materials Trading. Northern Minerals last week terminated a rare-earth carbonate offtake agreement with China’s... 

Red Mountain forays into rare earths

By: Esmarie Iannucci     12th August 2019 Junior Red Mountain Mining has reached an earn-in and joint venture agreement with unlisted Unearthed Resources to gain a stake in the Mt Mansbridge rare earths project, in Western Australia. Under the terms of the agreement, Red Mountain would pay a A$50 000 option fee for a 28-day due... 

Exploration company seeks to develop heavy mineral sands portfolio

9th August 2019 Owing to strong prices for mineral sands, Australian exploration company Broken Hill Prospecting has been actively promoting and seeking partners to assist in the development of the company’s Murray basin heavy mineral sands (HMS) portfolio. The company has secured extensive tenements in the last... 

Exploration company seeks to develop heavy mineral sands portfolio
HMS PRIORITISATION Broken Hill Prospecting has identified a number of targets as priorities for drilling to develop the company’s Murray Basin Heavy Mineral Sands portfolio

UK rare earth metals recycling pilot project launched

By: Creamer Media Reporter      8th August 2019 The University of Birmingham, in the UK, has been awarded €4-million to set up a pilot facility to reclaim rare earth metals from scrap as part of a European Union- (EU-) funded Horizon 2020 project. The facility will focus on recycling magnets made of neodymium, boron and iron. These are found... 

UK rare earth metals recycling pilot project launched

Lynas WA plant tipped for 2022 start

By: Esmarie Iannucci     7th August 2019 Rare earths miner Lynas is hoping to start operation at a Western Australian cracking and leaching (C&L) facility by the end of 2022. Speaking on the sidelines of Diggers & Dealers, Lynas MD and CEO Amanda Lacaze said that all of the company’s C&L work would eventually transition to the Western... 

Northern Minerals hunts for new offtake partner

By: Esmarie Iannucci     6th August 2019 ASX-listed Northern Minerals on Tuesday announced the termination of a rare earth carbonate offtake agreement with China’s Lianyungang Zeyu New Materials Sales Company (JFMAG), after that company breached the offtake agreement. JFMAG in 2017 struck an agreement with Northern Minerals to acquire... 

Angola advances its mining reforms

By: Rebecca Campbell     2nd August 2019 The Angolan Government is to launch a public tender process during the remainder of this year for five mining concessions. These will be for diamonds, iron ore and phosphates. This was announced late last month by the country’s Mineral Resources and Petroleum Minister Diamantino Azevedo during a... 

Burundi's mineral exports overtake tea, coffee in hard currency earnings

By: Reuters     30th July 2019 Burundi's gold, tin and rare earth minerals exports have overtaken tea and coffee as the major source of foreign exchange for the East African nation, the ministry of mining said. The mining sector in the tiny, landlocked economy was thrust into prominence last month when the United States said... 

Peak moves to full ownership of Ngualla

By: Esmarie Iannucci     29th July 2019 ASX-listed Peak Resources has struck a conditional agreement with Appian Pinnacle HoldCo that could result in the company gaining full ownership of the Ngualla rare earths project, in Tanzania. Peak has inked a binding heads of agreement with Appian to roll up its ownership interest in the... 

Arafura accelerates Nolans plans

By: Esmarie Iannucci     26th July 2019 ASX-listed Arafura Resources will accelerate the development of its Nolans project, with a target to start project commissioning in early to mid-2022. Following on from a successful A$23.2-million capital raise, Arafura was now targeting the start of project development activities in late 2020... 

Trump enlists Pentagon on rare-earth magnets amid Chinese threat

By: Bloomberg     23rd July 2019 President Donald Trump on Monday ordered the US Defense Department to spur the production of a slew of rare-earth magnets used in consumer electronics, military hardware and medical research, amid concerns China will restrict exports of the products. Trump invoked the 69-year-old Defense... 

Aspiring rare-earth producers should focus on niche products – F&S

By: Creamer Media Reporter      23rd July 2019 Aspiring rare earth material producers aiming to compete with the likes of Australia’s Lynas Corporation and Iluka Resources will have to focus on manufacturing customised products for clients to break into the market. This is according to research and consulting firm Frost and Sullivan (F&S),... 

Northern Minerals raises A$30m for Browns expansions

By: Esmarie Iannucci     22nd July 2019 Rare earths miner Northern Minerals on Monday announced plans to raise A$30-million to ramp-up ore sorting, product separation and exploration initiatives at its Browns Range project, in Western Australia. Northern Minerals will issue more than 483.8-million shares, at a price of 6.2c each, to... 

British Columbia’s coal deposits to be studied for rare earths

By: Creamer Media Reporter      19th July 2019 Geoscience BC has announced a new project to examine how rare-earth elements (REEs) – crucial to personal electronics, renewable energy generation and defence technologies – could be extracted from the province’s coal deposits and coal tailings facilities. Coal deposits have been identified and... 

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

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... 

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