R/€ = 16.72 Change: 0.01
R/$ = 15.66 Change: 0.18
Au 1854.83 $/oz Change: 11.12
Pt 962.00 $/oz Change: -6.99

Rare Earth Minerals News

Hudson achieves 55.3% niobium concentrate from Nukittooq

By: Schalk Burger     23rd September 2021 TSX-V-listed mining and exploration company Hudson Resources has announced the results of independent metallurgical testwork conducted on the high-grade Nukittooq niobium-tantalum project, in Greenland, which achieved a niobium concentrate assaying 55.3% niobium pentoxide (Nb2O5) at a 66.6%... 

Chip uncertainty causing PGMs price uncertainty – chief investment officer  

By: Martin Creamer     22nd September 2021 The general feeling is that chip capacity will slowly start coming back in the next few months, but only to return the auto industry back to where it was pre-Covid, and not to the post-Covid surge, which resulted in platinum group metals (PGMs) prices going through the roof. If the global auto... 

Creamer Media picture of Bruce Williamson
Integral Asset Management Chief Investment Officer Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Ionic sees potential for scandium market growth

By: Marleny Arnoldi     21st September 2021 ASX-listed Ionic Rare Earths expects the potential for growth in scandium demand to be immense, and is positioning its Makuutu rare earths project, in Uganda, to cater to this demand. Since announcing in January that it will be producing scandium as a co-product, Ionic has increased the contained... 

Rainbow enters into agreement for rare earth tech in SADC

By: Tasneem Bulbulia     20th September 2021 Aim-listed Rainbow Rare Earths has entered into an exclusive intellectual property licensing agreement with K-Technologies (K-Tech), located in Lakeland, Florida, in the US, to use its rare earths separation technology in the Southern African Development Community (SADC) region. K-Tech has... 

Pensana in the running for best New Company of the Year

By: Marleny Arnoldi     20th September 2021 London-listed Pensana has been shortlisted as New Company of the Year at the PLC Awards 2020, with a ceremony to be held on September 22. The awards are open to all companies listed on the main market of the LSE.  

Greenland prepares legislation to halt large rare-earth mine

By: Reuters     17th September 2021 Greenland's new government is preparing legislation that will ban uranium mining and cease development of the Kvanefjeld mine, one of the biggest rare earth deposits in the world, the country's Mineral Resources Minister said. Kvanefjeld, owned by Australian mining firm Greenland Minerals and... 

An image showing an exploration site in Greenland.

South Africa’s junior mining dearth result of unintended consequence – AmaranthCX  

By: Martin Creamer     14th September 2021 South Africa’s junior mining dearth is a result of savings no longer flowing through to primary capital raising and stock exchange listings, as the Jacobs Committee expected them to do. The unintended consequence is that there are no longer small investors for small companies. This has negatively... 

Creamer Media screenshot of AmaranthCX director Paul Miller taken during Zoom interview.
AmaranthCX director Paul Miller interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Ionic lays out immediate priorities for Makuutu project

By: Marleny Arnoldi     10th September 2021 ASX-listed Ionic Rare Earths CEO Tim Harrison has told Mining Weekly about the company’s main priorities for the remainder of this year and 2022, before making a final mining decision on the Makuutu rare earths project, in Uganda. Harrison listed these as being validation test work on the... 

Coloured rare earths
Coloured rare earths

Conservation body calls for global moratorium on deep-sea mining

By: Reuters     9th September 2021 Environment officials and campaigners have called for a global moratorium on deep-sea mining and on issuing new exploration contracts unless marine ecosystems can be effectively protected. Thousands of conservationists, scientists, and diplomats voted in favour of the moratorium late Wednesday at... 

Kazera enters into exclusive tantalum offtake agreement

By: Tasneem Bulbulia     7th September 2021 Aim-listed Kazera Global has entered into an offtake agreement for the sale of all tantalum produced from its mine in Tantalite Valley, in Namibia, following the conclusion of its plans to start tantalum production at the mine. After extensive due diligence, Jiujiang Jinxin Nonferrous Metals,... 

Group lobbies US Congress to incentivise rare earth magnet manufacturing

By: Creamer Media Reporter      7th September 2021 A group of rare earth industry players is lobbying the US Congress to approve bipartisan legislation providing tax incentives for US manufacturing of permanent rare earth magnets. The industry coalition has urged support for HR 5033, cosponsored by Republicans Eric Swalwell and Guy... 

Nissan develops technology to halve recycling cost of rare earths

By: Reuters     3rd September 2021 Japan's Nissan Motor Co has developed a new technology to halve the cost of recycling rare earths used in magnet motors for electric vehicles (EVs), the company said on Friday. With tension simmering between China and the United States, automakers are trying to reduce their reliance on a key... 

EV push sees spike in 'ínfluencer conversations' about the issues - GlobalData

By: Tasneem Bulbulia     1st September 2021 As several countries have committed to bringing in cleaner fuelled cars in a bid to reduce dependency on fossil fuels, the demand for electric vehicles (EVs) is quickly gaining traction in automotive markets around the world. This shift towards electrification is also propelling mining and power... 

Ionic adds 2 100 m to drill programme

By: Marleny Arnoldi     31st August 2021 ASX-listed Ionic Rare Earths is planning on drilling an additional 2 100 m as part of its Phase 4 infill drilling programme at the Makuutu rare earths project, in Uganda, taking the total planned drilling to 7 800 m. The company has three drill rigs on site, which have already completed 5 200 m... 

Pensana progresses multiple worksteams at Saltend, Longonjo

By: Marleny Arnoldi     31st August 2021 London-listed Pensana has advised that front-end engineering design work at the Saltend Chemicals Park, in Humber Freeport, England, is advancing on schedule for completion in October. The company will thereafter award engineering, procurement and construction management contracts.  

Lynas reports a significant increase in profit

By: Esmarie Iannucci     27th August 2021 Rare earths miner Lynas has reported a massive surge in net profit for the full year ended June, as revenues rose. Net profit for the 12 months increased to A$157.1-million, from the loss of A$19.4-million reported in the previous financial year, while earnings before interest, taxes,... 

Image shows Australian currency

Testing facility expansion under way

27th August 2021 Swiss multinational metals and minerals trade commodities group SGS has seen a rising demand for testing services to meet client requirements and, to facilitate the needs of its clients, it announced the construction of its new, state-of-the-art laboratory in April this year. 

Staff at SGS Group standing in front of a site being constructed at its better testing facility in Spijkenisse near the Port of Rotterdam
BREAKING GROUND The new groundbreaking state-of -the-art facility being built by SGS Group will allow for better testing

Peak to update rare earth BFS

By: Esmarie Iannucci     25th August 2021 ASX-listed Peak Resources will update the bankable feasibility study (BFS) for its Ngualla rare earth projects and for its Teesside refinery. The updated BFS will focus on updated transport logistics, mine planning, renewable energy solutions, early works and project execution planning, updated... 

Pensana starts foundation work at Saltend

By: Marleny Arnoldi     23rd August 2021 London-listed Pensana Rare Earths has advised that geotech drilling and trenching work has started at the Saltend rare earth oxide separation facility, in the UK. The trenching activity for the foundation of the processing hub is being done ahead of the main construction, which will start later... 

Lynas given more time in Malaysia

By: Esmarie Iannucci     23rd August 2021 Rare earths producer Lynas has had the deadline to satisfy the license conditions to start of construction of the permanent disposal facility (PDF) for water leach purification (WLP) residue at its Malaysian plant by six months to March 2022. The company told shareholders on Monday that the... 

IDC in discussion on the introduction of an exploration fund – Demana   

By: Martin Creamer     23rd August 2021 The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly.... 

Reginald Demana picture from files
IDC Mining, Metals, Infrastructure & Energy Head Reginald Demana interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

US moves to secure critical minerals for EV supply chain

By: Darren Parker     20th August 2021 Modern civilisation was built on fossil fuels, with the invention and commercialisation of the internal combustion engine during the 1800s setting the stage for petroleum-based vehicles to be dominant worldwide for the next 150 years. Various oil majors continue to produce huge volumes of oil and... 

Image of Engineering News and Mining Weekly magazine cover

Taliban's return clouds long-delayed plans for Afghanistan's resources

By: Reuters     19th August 2021 China is warily eyeing the resumption of some Afghan resource projects but it will take years before the infrastructure is ready while security issues threaten to once again stall projects, according to state media and industry sources. Afghanistan's vast mineral wealth - including large reserves... 

An image of a fighter in Afghanistan

Hastings adjusts Yangibana head grades

By: Esmarie Iannucci     18th August 2021 Rare earths developer Hastings Technology has reported a 26% upgrade to the life-of-mine (LOM) total rare earth oxide head grade at its Yangibana project, in Gascoyne region, with the addition of an ore sorter to the process flowsheet. The company told shareholders that based on the average... 

Mkango receives conditional TSX-V share admission approval to raise £5.52m

By: Donna Slater     16th August 2021 Aim- and TSX-V-listed rare earths miner Mkango Resources has received conditional approval from the TSX-V for the issuance of 23-million common shares of no par value at an issue price of £0.24 a new share, thereby raising £5.52-million from new and existing investors. Subscriptions from related... 

Arafura completes A$40m capital raise

By: Esmarie Iannucci     13th August 2021 Rare earths developer Arafura Resources has completed the second tranche of a A$40-million share placement announced earlier this year, to fund work at the Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory. Arafura in June this year announced the placement of more than... 

Integrated mining, beneficiation approach to optimise production

By: Nadine Ramdass     13th August 2021 The parallel development of the Ngualla rare earth project and the Teesside Refinery project positions ASX-listed, Australia-headquartered Peak Resources to become one of the world’s lowest cost integrated rare earth producers, says Peak Resources MD Bardin Davis. Global decarbonisation... 

An image of Ngualle Hill location of the Ngualla Rare-earth project
NGUALLA HILL The Ngualla project is one of the world’s largest and highest-grade rare earth deposits

Friendly South African face could quickly attract exploration investment – Bristow 

By: Martin Creamer     11th August 2021 South Africa looks a lot like the global gold mining industry in that it has not encouraged reinvestment in its mining industry’s future, says Barrick Gold president and CE Dr Mark Bristow. "In fact, if anything, South Africa has harvested what it received back in 1994," adds Bristow, a hugely... 

A picture of Mark Bristow, taken from quarterly Barrick presentation on August 9, 2021
Photo by Creamer Media
Barrick president and CE Dr Mark Bristow.

US House Bill would give tax credit for rare earth magnets

By: Reuters     11th August 2021 A Democrat in the US House of Representatives introduced legislation on Tuesday extending tax credits to companies that domestically produce rare earth magnets, a sector currently dominated by China. The bill is the latest in a string of US legislation attempting to cobble together a national... 

An image of MP Materials rare earth openpit mine in Mountain Pass

Plants could help rare earth recovery in Qld

11th August 2021 The Queensland government has invested A$1-million into a joint study with the University of Queensland’s Sustainable Minerals Institute to investigated the use of native plans to extract rare earth metals. Through the study, native plants like selenium weed and a variety of macadamia tree are... 

Vital buys Canadian rare earth projects

By: Esmarie Iannucci     11th August 2021 ASX-listed Vital Metals has signed a binding term sheet with triple listed Quebec Precious Metals Corporation (QPM) for the acquisition of QPM’s 68% interest in the Kipawa heavy rare earth exploration project and 100% interest in the Zeus exploration project, in Quebec. Under the terms of the... 

An image of heavy equipment working on a mine site in Canada.

Ionic weighs refining in Uganda

By: Esmarie Iannucci     9th August 2021 Rare earths developer Ionic Rare Earths is evaluating the development of a stand-alone rare earth separation and refining facility for the downstream processing of mixed rare earth carbonate (MREC) product from its Makuutu rare earths project, in Uganda. The refining and processing facility... 

Vital ramps up work in Canada

By: Esmarie Iannucci     6th August 2021 Rare earths developer Vital Metals is ramping up rare earths production at its Nechalanco project, in Canada. Vital in July produced its first rare earth product from the project, where it is aiming to produce a minimum of 5 000 t of contained rare earth oxide by 2025, and has signed an... 

Peak raises funding to advance mine and refinery

By: Esmarie Iannucci     6th August 2021 ASX-listed Peak Resources on Friday announced plans to raise A$30-million through a share placement to progress the development of its Ngualla rare earths project and the Teesside refinery. Peak will place an initial 226.8-million shares, at a price of 9c each, under the company’s existing... 

Mkango restores full ownership of Songwe Hill, raises £5.52m

By: Chanel de Bruyn     5th August 2021 Aim- and TSX-V-listed Mkango Resources will restore its ownership of the Songwe Hill rare earths project, in Malawi, to 100%, which chairperson Derek Linfield says will strengthen the company's position as a future integrated supplier of rare earths. Mkango and Talaxis, a subsidiary of Noble... 

Ionic ups drilling effort at Makuutu

By: Marleny Arnoldi     3rd August 2021 ASX-listed Ionic Rare Earths has mobilised a third drill rig at its 51%-owned Makuutu project, in Uganda. The company is undertaking a 5 700 m Phase 4 infill drill programme at the project.  

Rare earths miner Lynas on target in Kalgoorlie

By: Esmarie Iannucci     2nd August 2021 Rare earths miner Lynas Rare Earths was optimistic that it would receive Environmental Protection Authority (EPA) approval for its Kalgoorlie rare earths processing facility before the end of the year, allowing it to meet its mid-2023 production target. Speaking at the Diggers & Dealers... 

An image showing hard hats with Lynas branding.

Lynas gets relief from Malaysian court in licence renewal case

By: Reuters     29th July 2021 Australia's Lynas Rare Earths said on Thursday a Kuala Lumpur court had dismissed a lawsuit challenging Malaysia's decision to renew the company's operating license. Malaysia in August 2019 extended a licence to Lynas' rare earths processing plant on the condition that it build a permanent... 

Lynas gets relief from Malaysian court in licence renewal case
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