R/€ = 16.68 Change: 0.02
R/$ = 13.76 Change: 0.01
Au 1854.77 $/oz Change: -11.43
Pt 1149.50 $/oz Change: -14.50

Rare Earth Minerals News

China sets record rare-earth mining quota as demand rises

By: Bloomberg     11th November 2019 China set its annual rare-earth mining quota at the highest on record as domestic demand for the strategic materials, used in everything from electric vehicles to military hardware, increases. The quota for six dominant producers, including China Northern Rare Earth Group High-Tech, was set at... 

Hastings adds to Yangibana mine life

By: Esmarie Iannucci     4th November 2019 Rare earths hopeful Hastings Technology Metals has extended the mine life of its Yangibana project, in Western Australia, by two years, with an 18% increase to the project’s ore reserves. Hastings on Monday reported that the total rare earth oxide estimate for the project had increased by 9%, or... 

Namibia Critical Metals unaware of reason for stock jump

By: Mariaan Webb     30th October 2019 TSX-V-listed Namibia Critical Metals has said that it is unaware of any material change in the company’s operations that could account for the 80% jump in its share price on Tuesday. The Halifax-headquartered junior holds a portfolio of exploration and advanced-stage projects in Namibia,... 

Rainbow progresses towards mechanised operation at Gakara

By: Marleny Arnoldi     29th October 2019 London-listed Rainbow Rare Earths says demand for its product remains strong, as the company shipped 100 t of concentrate grading 56% total rare earth oxides (TREO) in October. “The concentrate from the Gakara project, in Burundi, contains very low levels of both uranium and thorium, meaning it... 

Avalon eyes rare earths from acid water at closed US coal mine

By: Creamer Media Reporter      25th October 2019 Canadian minerals exploration company Avalon Advanced Materials has set its sights on a closed coal mine site in the US state of Illinois, where geochemical sampling has found elevated levels of rare-earth elements (REE) and other metallic elements, such as cobalt, nickel, lithium, manganese and... 

Vital turns focus to Canadian rare earths

By: Esmarie Iannucci     22nd October 2019 ASX-listed Vital Metals has completed the acquisition of privately-held Cheetah Resources, following shareholder approval earlier this month, with the company’s focus now turning towards the Thor Lake rare earths project, in Canada. Vital acquired all of the issued capital in Cheetah Resources... 

Hastings awards EPCM contract at Yangibana

By: Esmarie Iannucci     21st October 2019 ASX-listed Hastings Technology Metals has awarded a A$350-million engineering, procurement and contract management (EPCM) contract to project house DRA Pacific at its Yangibana rare earths processing plant, in Western Australia. Hastings said on Monday that the EPCM contract was the single... 

Lynas reports solid quarter

By: Esmarie Iannucci     21st October 2019 Rare earths miner Lynas has reported a solid first quarter of production as the company toed the line applied by the Malaysian government. Lynas on Monday reported that neodymium and praseodymium (NdPr) production for the three months to September had reached 1 242 t, compared with the 1 505 t... 

Resource nationalism on Tanzanian agenda

By: Mamaili Mamaila     11th October 2019 The primary trend in Tanzanian mining – as is the case with many African jurisdictions – is resource nationalism, says multinational law practice Eversheds Sutherland mining and infrastructure head Warren Beech. 

Resource nationalism on Tanzanian agenda
WARREN BEECH Tanzanian citizens expect to benefit substantially from the country’s vast natural resources

US says military carried out aerial resources survey of Greenland

By: Reuters     10th October 2019 The US military has conducted an aerial survey of Greenland to assess the vast arctic island's mineral potential as part of agreement between the two governments, a top US diplomat said on Wednesday. The memorandum of understanding for cooperating on developing the mineral sector there was inked... 

US says military carried out aerial resources survey of Greenland

Hexagon steps into US downstream

By: Esmarie Iannucci     10th October 2019 The share price of graphite hopeful Hexagon Resources climbed by more than 5% on Thursday as the company announced plans to venture into downstream rare earths processing in the US. Hexagon has signed a binding investment agreement for an option over a 49% interest in an advanced downstream... 

Polymetal may invest in rare earth project to tap electric vehicle demand

By: Reuters     9th October 2019 Russia's Polymetal will consider investing in the country's largest rare earth project Tomtor, which is being developed by the gold and silver producer's top shareholder, CEO Vitaly Nesis said on Wednesday. Polymetal, in which Vitaly's brother and Russian businessman Alexander Nesis holds the... 

Rainbow adapting the way it operates after 'tough' full-year

By: Creamer Media Reporter      9th October 2019 After a tough financial year, rare earth element miner Rainbow Rare Earths is adapting the way in which it operates and is moving a more mechanised and efficient operation at its Gakara mine, in Burundi, CEO George Bennett said on Wednesday. He reported that production had been challenging during... 

Biodiversity, climate everyone’s issues – Environment Minister  

By: Martin Creamer     8th October 2019 South Africa is one of the world’s top three mega biodiverse nations along with Brazil and Indonesia, said Environment Forestry and Fisheries Minister Barbara Creecy in her address to the Oppenheimer Research Conference (ORC). “We are thus one of the richest countries in terms of the diversity of... 

Biodiversity, climate everyone’s issues – Environment Minister
Environment, Forestry and Fisheries Minister Barbara Creecy ORC presentation by Mining Weekly's Martin Creamer. Camera Work: Darlene Creamer

Investment in climate-positive companies growing – Joburg Indaba  

By: Martin Creamer     7th October 2019 Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and governance (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for... 

Investment in climate-positive companies growing – Joburg Indaba
Mining Weekly's Martin Creamer on Joburg Indaba climate discussion. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala. Photo: Dylan Slater.

Environment government’s most important Ministry – Oppenheimer  

By: Martin Creamer     4th October 2019 The Environment Ministry is the most important ministry in the government, former mining luminary Nicky Oppenheimer said at this week’s tenth Oppenheimer Research Conference. “Environment is at the forefront of everybody’s mind, and we in South Africa are unbelievably blessed with the environment... 

Environment government’s most important Ministry – Oppenheimer
Former mining luminary Nicky Oppenheimer covered by Mining Weekly’s Martin Creamer. Camera Work: Darlene Creamer. Photograph: Dylan Slater.

New technologies can make mining safer, sunrise industry – Mgojo  

By: Martin Creamer     2nd October 2019 The utilisation of new technologies could make mining a sunrise industry while simultaneously addressing safety and health issues, Minerals Council South Africa president Mxolisi Mgojo said on Wednesday. Responding to a question by Joburg Indaba chairperson Bernard Swanepoel following his keynote... 

New technologies can make mining safer, sunrise industry – Mgojo
Minerals Council South Africa president Mxolisi Mgojo’s address to Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photograph: Dylan Slater. Video: Kutlwano Matlala.

Precious metals miner Hochschild picks up rare earth deposit in Chile

By: Creamer Media Reporter      2nd October 2019 London-listed Hochschild Mining is expanding into a market it believes offers exponential growth opportunities – rare earths. The miner announced on Wednesday that it bought the 93.8% of the BioLantanidos ionic clay rare earth deposit that it did not already own for a consideration of... 

Quebec REE recycling plant upscaled

By: Mariaan Webb     2nd October 2019 Montreal-based Geomega Resources has scaled up the daily throughput rate of its proposed rare-earth element (REE) recycling plant and published a new capital expenditure (capex) estimate. The original design of the demonstration plant presented was based on an initial throughput capacity of 1... 

US and Canada discuss supply of rare earths as China dominates

By: Reuters     1st October 2019 US President Donald Trump and Canada Prime Minister Justin Trudeau have discussed the need to ensure reliable supplies of rare earths and critical minerals, a market currently dominated by China. The two leaders spoke about the issue during their last meeting, Trudeau said in a press conference... 

US and Canada discuss supply of rare earths as China dominates
Canada Prime Minister Justin Trudeau

Australia sees opportunity to boost critical minerals supply to US - report

By: Reuters     30th September 2019 Australia has a fresh opportunity to supply the United States with critical minerals after recent changes to US regulation aimed at cutting its dependence on China, an Australian government report showed on Tuesday. US President Donald Trump in July signed five memoranda authorising US... 

First glimpse into Mining Indaba 2020 programme 

By: Martin Creamer     26th September 2019 The twenty-sixth Investing in African Mining Indaba – scheduled to take place in Cape Town from February 3 to 6 next year – will offer delegates new insight into issues facing Africa’s resources sector. “We’re building on the success of the 2019 Mining Indaba in terms of the high level of... 

First glimpse into Mining Indaba 2020 programme
Investing in African Mining Indaba.

More NdPr interest at Nolans

By: Esmarie Iannucci     24th September 2019 ASX-listed Arafura Resources has signed an additional memorandum of understanding (MoU) for rare earths products from its Nolans neodymium-praseodymium (NdPr) project, in the Northern Territory. The MoU allows for the long-term sale of NdPr oxide from the Nolans project, where Arafura was... 

Canadian firm intersects REE ‘in every hole’ of 2019 programme

By: Creamer Media Reporter      23rd September 2019 The 2019 resource definition diamond drill programme at the 1 708 ha Wicheeda rare earth element (REE) project, near Prince George, Canada, has exceeded expectations, exploration company Defense Metals said on Monday. The company completed 13 diamond drill holes to test the northern, southern... 

Mkango subsidiary mulls investment in rare earth magnet recycling company 

By: Simone Liedtke     23rd September 2019 Aim- and TSX-V-listed Mkango Resources and its subsidiary Maginito have signed an investment term sheet and one-year exclusivity agreement with rare earth magnet recycling company HyProMag. Consistent with Maginito’s strategy, the rationale for the transaction includes potential synergies, such... 

Mkango subsidiary mulls investment in rare earth magnet recycling company

US, Australia to unveil plan to improve rare earth mineral supply

By: Reuters     20th September 2019 US President Donald Trump and Australian Prime Minister Scott Morrison are set to release a plan on Friday aimed at securing the supply of rare earth minerals, a senior administration official said, as concerns grow that China could cut off shipments of the prized commodities. 

Fuel cell export figures on the rise

By: Halima Frost     20th September 2019 Washington-based global advocacy organisation Fuel Cell and Hydrogen Energy Association (FCHEA) tells Mining Weekly that the US Department of Energy (DoE) reported a global increase in fuel cell exports, from 650 MW in 2017 to 800 MW in 2018. The information, compiled by international strategic... 

Fuel cell export  figures on the rise
ALL THE HYPE Mobile and stationary fuel cell exports are on the increase globally

Apple taps recycled rare earth elements for iPhone parts

By: Reuters     18th September 2019 Apple's new iPhones will use recycled rare earth elements in a key component, the company said on Wednesday. Apple said it will used recycled rare earths in its "Taptic Engine," a part that lets iPhones mimic a physical button click despite being a flat pane of glass. The part is about... 

US 'falling behind' in global race to develop electric vehicle supply chain

By: Reuters     18th September 2019 The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday. The push comes as China has grown to dominate the market for lithium, rare earths, cobalt and other... 

Mkango appoints Senet as lead engineer for Songwe Hill feasibility study 

By: Tasneem Bulbulia     9th September 2019 Dual-listed Mkango Resources has appointed Senet, a DRA Global company, as lead engineer and project manager to complete the feasibility study for the Songwe Hill rare earths project in Malawi. The study is being funded by Mkango’s strategic partner, Talaxis, a wholly-owned subsidiary of Noble... 

Lynas signs MoU with Kalgoorlie-Boulder

By: Esmarie Iannucci     6th September 2019 Rare earths miner Lynas has signed a memorandum of understanding (MoU) with the city of Kalgoorlie-Boulder to potentially build a cracking and leaching operation in the area. The MoU provided a framework for support from the city of Kalgoorlie-Boulder in key areas relevant to ensuring that the... 

Premier, Regent extend loan repayment terms

By: Simone Liedtke     4th September 2019 Aim-listed Premier African Minerals has reached an agreement with financial company Regent Mercantile to extend the repayment terms of Premier’s convertible loan note for $350 000 entered into by the companies on June 21. Premier CEO George Roach on Wednesday said the loan agreement was always... 

Drill rigs mobilised at Pensana's Angola rare earths project

By: Creamer Media Reporter      29th August 2019 ASX-listed Pensana Metals on Thursday reported that its COO Dave Hammond had mobilised two drill rigs and a large excavator for a bulk sample as part of a prefeasibility study and the later front-end engineering design of the Longonjo rare earths project, in Angola.   The data being gathering... 

Lynas reports solid results, despite difficulties

By: Esmarie Iannucci     29th August 2019 Rare earths miner Lynas has reported its second consecutive full year profit during the year ended June, with net profits after tax increasing from A$53.1-million in 2018 to A$80-million. Earnings before interest, tax, depreciation and amortization declined from A$121.9-million to... 

Rainbow appoints new CEO

By: Simone Liedtke     28th August 2019 Rare earth minerals company Rainbow Rare Earths has appointed George Bennett as its CEO, with immediate effect. He succeeds Martin Eales, who has been CEO since 2014 and who has stepped down. 

California rare earths miner races to refine amid US-China trade row

By: Reuters     26th August 2019 The owner of the only US rare earths mine is going on a hiring spree as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the minerals amid an escalating trade war. By next year, MP Materials aims to be the... 

Wesfarmers shuts the book on Lynas deal

By: Esmarie Iannucci     22nd August 2019 ASX-listed Wesfarmers has abandoned it’s A$1.5-billion takeover of rare earths miner Lynas, after failing to engage Lynas in talks. Wesfarmers in March announced its conditional, non-binding indicative proposal for Lynas, under which shareholders were offered A$2.25 a share in cash. 

Stans Energy awarded $24m in Kyrgyz arbitration

By: Creamer Media Reporter      22nd August 2019 Toronto-headquartered Stans Energy, which once had the right to a past producing rare-earth mine in Kyrgyzstan, has won its arbitration case against that country, but was awarded only one fifth of the $117.85-million it sought for compensation. An arbitration tribunal awarded Stans about... 

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