Overall, as much as $750 million out of a total of $1 billion in capital expenditures is expected to be spent in Nebraska to establish the facility.
Rare Earth Mining News
The $10 trillion mineral resources North Korea can't tap
North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.
PotashCorp mulls selling stake in Chilean lithium producer SQM — report
Move would seek to secure approval for its friendly merger with smaller rival Agrium, creating the world’s largest potash miner worth about $36 billion.
S. Korea's SK Innovation starts production of batteries with more nickel
South Korea’s SK Innovation said on Thursday it has started commercial production of lithium-ion batteries with an increased portion of nickel, while reducing the usage of expensive components such as cobalt to extend battery life and cut costs.
Boom, bust and boom again for rare earths?
As ever with rare earths, this is all about what is happening in China, the world's dominant producer of these critical materials.
Brazil judge blocks decree allowing mining in Amazon
Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.
Brazil to redo Amazon mining decree after criticism
Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.
Cobalt sulphate prices continue rise on battery demand, metal remains stable
The price of one of the most common lithium ion battery precursor materials, cobalt sulphate, has continued to surge in August by over 14%.
Bacanora to complete Sonora lithium project feasibility study this year
Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.
US researchers find unexpected new source of much-needed lithium
Lithium needed for rechargeable batteries used in high tech devices and electric cars might soon be extracted from calderas surrounding dormant supervolcanoes.
Ross Beaty: “Trump will be forgotten”
In an exclusive Critical Resource Q&A, leading mining entrepreneur Ross Beaty gives his investment tips, puts the boot in on the Trump agenda, and calls for more renewables and less consumption to avoid ecological collapse.
Tech guru unveils new battery to challenge lithium-ion
The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.
UK lithium start-up gets $1.3 million to build new mine in Cornwall
Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.
BHP turns to electric car batteries to recharge its nickel business
The rise of electric vehicles is driving the world's biggest mining house, BHP , to switch gears and invest heavily in its long-suffering nickel business.
Lithium processors prepare to meet demand in era of electric car
Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall.
Did Google just tackle the biggest problem in energy?
Any news about energy storage advancement is bound to make a splash. After all, storage is the main stumbling block for renewable energy.
Caterpillar in search of new CFO as Halverson to retire next year
Brad Halverson has spent nearly three decades with the mining and construction equipment maker.
Electric vehicles no threat to oil prices anytime soon
Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks are replaced by uber-clean Electric Vehicles (EV).
Here’s how to avoid being caught in mining scams
These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.
Caterpillar earnings beat estimates, shares hit five-year high
It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.
Luxembourg shoots for the stars with fresh space mining deal
The country's ultimate objective is to have its own space mining agency by the end of the year.
Clean energy transition to increase demand for minerals — World Bank
Big winners will be aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium.
Luxembourg becomes first European country to pass space mining law
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
Chile receives 12 bids for value-added lithium projects
Twelve companies from seven countries have applied to manufacture lithium-linked products in Chile, officials told journalists on Monday, in what they called a victory for the mining country's push to add value to its exports.
