Rare Earth Mining News

Tesla, Apple and Uber push lithium prices even higher

After more than tripling in price this year, Lithium is no longer that dull commodity we take for granted in our consumer electronics: It's the commodity powering the next, undeniable energy revolution.

Congo’s cobalt production set to soar despite claims of child labour

Last year, the country's cobalt production accounted for just over half of the world's output.

New Mexican lithium discovery for Australian-Canadian partners

The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.

INFOGRAPHIC: The facts and figures that make space mining real

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.

Bacanora completes drilling at its lithium project in Mexico

The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.

The only lithium deal backed by gold

Lithium companies continue to lead the stock market. While the TSX Composite gained about 13% year-to-date and S&P 500 scored a mere 6.4%, lithium companies grew by a stunning 24%.

US remains almost entirely dependent on China rare earths

US imports 91% of its rare earth needs from China as low price environment bankrupts producers and stalls projects elsewhere.

41 interesting facts about Tesla Motors

Regardless of where a person stands on Tesla and Elon, the story remains downright fascinating for many reasons.

China to reach target in cutting coal overcapacity by year-end

The world’s biggest coal producer expects to reach targets for cutting unneeded capacity by the end of 2016, which is earlier than planned.

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

US miner goes after rare earths in the Cook Islands

Texas-based Ocean Minerals says the area is also rich in scandium, a key ingredient for making an extremely light, strong, corrosion resistant, heat tolerant and weldable alloy.

Kenya promises a more organized mining sector

The government will conduct a year-long airborne survey to map mineral deposits.

Avalon announces results of positive preliminary economic assessment for its Separation Rapids lithium project

The purpose of the PEA was to investigate the potential for recovery of a lithium product suitable for the battery market from Avalon’s lithium resource near Kenora, Ontario.

Copper, platinum key to future of auto industry, mining financier says

The current lithium frenzy will end badly while gold bugs should look at the riper opportunities available in copper and platinum, according to mining financier Robert Friedland.

Rethinking resource investing

The explore-develop-produce model cannot be eliminated, but there are plenty of models that work within it or alongside it. Two are worth mentioning.

Rare metals expert predicts North American shortage of lithium for EVs 

The amount of lithium being produced in North America will not be enough to meet the growing demand for electric vehicles, but the problem could be alleviated through recycling, says a renowned authority on specialty metals.

Investors can't get enough of South America's 'lithium triangle'

More than half of the world’s identified resources of the mineral are found in South America's "lithium triangle", a region where Canada's Wealth Minerals has been acquiring assets.

Scoping study boosts confidence in South Australian graphite mine

The finding has Archer Exploration Limited’s 2873 sq km Eyre Peninsula Graphite Project on track to become one of Australia’s first new-era graphite mines.

First heavy rare earths mine in Australia gets pilot plant approved 

The Western Australian Department of Mines and Petroleum (DMP) green-lighted the Browns Range Pilot Plant Project Management Plan earlier this month.

Not with a bang but a whimper: How commodities may end year

With supply gluts persisting from corn to oil, traders are already gearing up for declines.

Abandoned Aussie gold mine to become renewable energy hub

Project addresses one of the biggest challenges faced by the wide-scale adoption of renewable energy — storage.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

Ocean Minerals, LLC to prospect and explore for rare earths in the Cook Islands

Ocean Minerals, LLC (Ocean Minerals) has identified areas of prospective potential in the Exclusive Economic Zone of the Cook Islands, and has entered into an agreement with the Cook Islands government for exclusive rights to prospect and explore these areas.

NASA’s latest mission may tell us whether asteroid mining is really a go

OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.

Rare earths: Battling China’s monopoly after Molycorp’s demise?

Will China’s 95% control of the global rare earths market remain unchallenged?