The unique hybrid airships will shuttle between Quest’s Strange Lake open pit mine in Northern Québec and Schefferville.
Quest Rare Minerals Mining News
About 90% of China’s rare earth producers are currently operating at a loss as prices for the coveted elements continue to drop due to a global glut and illegal mining.
While analyst predict a rebound in hard-hit rare earth prices later this year, it is still unclear whether companies outside China, the world’s largest producer, will be able to challenge its dominance.
Montreal-based mining junior slides 16% after releasing more details about its proposed $2.6 billion rare earth mine and plant.
The race is on for mining companies vying to become the world's next big producers of heavy rare-earth minerals, used to manufacture components for everything from vent fans for jet engines to laser-guided systems for smart bombs.
Quest Rare Minerals Ltd. (TSX VENTURE:QRM) is pleased to report that its Board of Directors has approved funding for a pre-feasibility study of the Corporation's Strange Lake B-Zone rare earth element deposit, located in northeastern […]