Recent discoveries of rare earth minerals at the bottom of the Pacific Ocean could break China's existing monopoly on supply of the vital raw materials. Katie Hamann reporting for Australia Network News writes that the new discoveries off ...
Tags: China, Japan, Rare Earth, Metallurgy
Strong revenue growth and a production ramp-up failed to give Molycorp a boost on Friday with the stock falling almost 2% by the close. The Colorado company, in the process of restarting full-scale mining and processing at Mountain Pass ...
Tags: China, Rare Earth, USA, Metallurgy
On Friday Australian analysts from Foster Stockbroking told investors to get rid off their shares in rare earths miner Lynas Corporation (ASX:LYC), as there is no end in sight for the ongoing problems that have forced the company to halt ...
Tags: Asia, Australia, China, Lynas Corp, Lynas Corporation Ltd., Malaysia
Rare earth metals consultants TRU Group said on Monday that recent attempts by Chinese suppliers to stem sharp declines in prices since the third quarter of 2011 is "likely to fail." The consultants held this view "even though the latest ...
Tags: China, Rare Earth, Rare Earths
Japan and India have reached a basic agreement to jointly develop rare earths, used in the production of several high-tech goods from weapons to cell phones, and supply Tokyo with about 14% of its rare earth needs, reports The Mainichi. ...
Tokyo’s new governor, Naoki Inose, announced the city would subsidize companies with a project to mine rare earth elements from the seabed off Minami-Torishima Island, to the southeast of Tokyo. The Asahi Shimbum reports that ...
Tags: Asia, China, Japan, Rare Earth
China is looking to allocate a value-added tax (VAT) permit to all rare earth companies in a desperate effort to curb resource plundering, dangerous artisanal mining and widespread pollution, as well as collecting revenue. By forcing rare ...
Tags: Asia, China, Rare Earth, Metallurgy
China is responsible for more than 90% of the global supply of rare earths and a few years ago embarked on a crackdown on illegal rare earth mines and consolidation of the industry under a few large producers. Controversially the country ...
Tags: China, Rare Earth, Metallurgy
What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of Gold Newsletter. Lundin, who also organizes the New ...
Tags: Finance, Gold, Rare Earth, Metallurgy
SASKATOON, SASKATCHEWAN–(Marketwire – May 18, 2012) -Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE:GWG) (OTCQX:GWMGF) announces that the the escrow agent (see GWMG Media Release May 10, 2012: "GWMG ...
Tags: Rare Earth, Metallurgy, Mineral Energy
India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans. Only last ...
Tags: Asia, Copper, Equipment News, Gold, India, Rare Earth, Suppliers News
Colorado Republican congressman Mike Coffman managed to tie together a popular video game, US President Barack Obama and rare earth mining in an op-ed published in The Washington Times last week. Even by the not very high standards of ...
Tags: China, Rare Earth, USA
China has officially rejected a request by the US, Europe and Japan to have a special panel of the World Trade Organization arbitrate a dispute over the country's controversial policy of restricting exports of rare earths. China mines ...
Tags: China, Rare Earth, USA, Metallurgy
Canadian rare earths explorer Pele Mountain Resources (TSX-V:GEM) closed up 18% on Monday after the Toronto company announced an updated PEA on its Eco Ridge project. The project near Elliott Lake, Ontario,is now looking at a 9,000 tpd ...
Tags: Canada, Exploration, PELE MOUNTAIN RESOURCES INC., Rare Earth, Uranium
Junior miner Matamec Explorations, currently developing the Kipawa rare earths project in western Quebec, Canada, said on Monday it had started a pilot plant to enable the continuous processing of ore samples. The Montreal-based company ...
Tags: Canada, Quebec, Rare Earth, Suppliers News