China is the world's largest producer and exporter of rare-earths. These are elements which are critical to the manufacturing of high-tech products, including smartphones, wind turbines and car batteries, among other things. However, ...
Tags: Rare Earth, smartphones
“It is only a matter of time before white LEDs using blue LED chips will disappear from the market,” said Shuji Nakamura at a forum on GaN technology in July organized by Nikkei Asian Review. The comment from the inventor of ...
Tags: LED chip, Blue LED, Purple LEDs
China will levy a resource tax on rare earths, tungsten and molybdenum based on sales value instead of production quantity, the Ministry of Finance announced on Thursday. The new tax, taking effect from May 1, is set at 6.5 percent for ...
Tags: Rare Earths, Resource Tax
Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals
Despite technical difficulties with the company’s livestream of the event, Apple kept its promise, unveiling its latest line up of technology: the iPhone 6, iPhone 6 Plus and an eye-catching new smart watch. As the company ...
Tags: Apple, iPhone 6, iPhone 6 Plus
“America’s dependence on foreign nations for minerals is a choice. Our solution to our dependence isn’t a lack of resource; it is a lack of courage and commitment to produce the resources here,” declared Rep. Doug ...
Tags: Mineral, Policy, Electrical, Electronics
Back in 2010, the European Union's Ad-Hoc Working Group on Defining Critical Raw Materials published its first criticality analysis for raw materials. Its goal was fairly simple: to define the raw materials critical to the EU’s ...
Tags: Tantalum, Raw Materials
The European Commission has published a revised and extended list of Critical Raw Materials, based on threatened supply coupled with economic importance. The 2014 list includes 13 of the 14 materials identified in the previous list of ...
Tags: Raw Materials, coking coal
China will appeal to the World Trade Organization (WTO) against its ruling that China's regulation of its rare earth exports had violated WTO rules, an official said on Thursday. The appeal will be lodged Thursday, Chinese Ministry of ...
Tags: Rare Earth, WTO rules
The U.S. Environmental Protection Agency today ordered Molycorp Minerals, LLC, to pay a $27,300 penalty for improper management of hazardous waste at its San Bernardino County mine and mineral processing facility. The violations were ...
Tags: EPA, Certification
The China government has lowered its rare earths export quotas for 2014 by 30% compared to 2013 after the actual export volume last year was lower than its original estimates. Prices of cerium, yttrium and terbium oxide (rare earths used in ...
Tags: Rare Earths, LED, Metallurgy, Mineral
China is unlikely to reclaim its position as a major exporter of molybdenum oxide and ferromolybdenum despite the World Trade Organization ordering the country to remove export taxes and quota controls on the commodities, market sources ...
A World Trade Organization panel ruled that China violated the organization's membership obligations by restricting exports of rare earths, tungsten and molybdenum, the WTO said Wednesday. The ruling is expected to increase the ...
Tags: Rare Earths, Export Restrictions, tungsten
While China continues to be the rare earth industry leader, producing about 92% of the global output, its share in global production has decreased steadily in recent years, a study by Germany's Federal Institute for Geosciences and Natural ...
Tags: Rare Earths, mining, industry leader
Demand for Molycorp’s rare earth products “appears to be returning to more normalized levels, albeit at a subdued pace, as customers have been reducing inventories and adjusted their purchasing plans accordingly, Molycorp CEO ...
Tags: Rare Earth, Molycorp