Following the lead of Tesla Motors, LG Chem, Foxconn and others are racing to build megafactories to build batteries for electric cars.
Rare earth metals Mining News
"The most advanced large heavy rare earth development project in the world."
"The Curiosity rover is the next best thing to sending a geologist to Mars."
"Interest from private equity in sector is the highest I have ever seen"
Calls getting louder for domestic US rare earth production.
The Ucore Bokan project is rich in heavy rare earths.
Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply
Commerce Resources Corp. Reports Significant Increase in Resources and Grade at the Ashram Rare Earth Element Deposit, Northern Quebec
SGS Geostat has determined a base case Inferred mineral resource of 219.8 million tonnes containing 1.88% TREO, an Indicated mineral resource of 27.7 million tonnes containing 1.90% TREO, and a Measured mineral resource of 1.6 million tonnes containing 1.77% TREO
China's tight grip on rare earth elements supply may loosen as other deposits around the world come to fruition in 2012.
Just as the Bronze Age catapulted human civilization to new levels, so are critical metals changing the way we live in the modern world.
Australia-based Greenland Minerals and Energy Ltd (GME) stocks went up 10 per cent on the ASX from 58 cents to 64 cents on Monday, after the company announced it could start producing uranium on its Kvanefjeld property in Greenland.
Korea Resources Corporation (KORES) has reached a definitive agreement with Canadian Frontier Rare Earths Ltd. to secure a 10 per cent interest in the Zandkopsdrift rare earth element mining project in South Africa. The contract, signed in Johannesburg on Thursday, involves an investment by KORES in both Frontier and in the large-scale rare earth element project owned by the Canadian company, along with an off-take agreement that could commit up to 31 percent of future production.
The rare earth sector has seen astronomical gains in recent years as Chinese export restrictions, short-sighted U.S. policy and investor interest combined to make front page news.
The record prices of copper and food items such as beef, record fuel prices in the UK and Europe, with new record prices in gold and silver right around the corner, investors are wondering how they can participate in the commodities super bull market now emerging.