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Lithium & Rare Earth News Digest
Tuesday 23 January 2018
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Decision doesn’t mean the miner has abandoned plans to capitalize on the electric-car boom, sources familiar with the matter say.

Rampant violence and corruption are the norm in the mines of the southern Guayana region.

The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.

Vancouver-based Cruz Cobalt is ready to kick off an airborne work program at its three B.C.-based properties amid high prices for the commodity

The mine could supply up to 10% of world demand for neodymium and praseodymium, used in the manufacture of magnets for wind turbines, and electric vehicles.

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

The deal frees the miner to apply for increase in production quota amid demand boom and surging prices for lithium, which is used in EV batteries.

Some of Europe's richest deposits of valuable materials are in the trash, ranging from gold in smartphones to cobalt in electric car batteries.

China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.

“We are very pleased to start up operations in BC… [w]e plan to be operational on multiple projects throughout 2018," the president of Cruz stated.

A full green shift still requires plenty of natural resources- they're just not the traditional fossil fuels we're used to.

“A lot of investors were really badly burned, ourselves included.”

6 Months Molybdenum Oxide Price
6 Months Cobalt Price
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