Arafura Resources Mining News

$900M Australian rare earths mine given state approval

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.

Electric transportation could jump-start rare earth markets: Patrick Wong

Hybrid and electrical cars are on the cusp of overtaking standard automobiles. And when they do, the rare earth markets will take off.