Rare Earth Mining News

Lithium use in electric cars sold around the world surges 76%

Shifting battery chemistries sees lithium deployment outpace global electric car sales volume growth – report.

The $18 billion electric car bubble at risk of bursting in China

There are now 486 EV manufacturers registered in China.

Savannah Resources to take full control of lithium mine in Portugal

Mina do Barroso mine could become the first European supplier of spodumene, a lithium-bearing mineral.

Lithium giant lifts outlook with 2018 fizzle in rear-view mirror

Chile's SQM, the world’s second-largest lithium miner, said expansion plans had gone better than expected and that sales would likely beat its forecasts for this year.

Australia to host battery research centre

The centre will investigate opportunities for greater efficiencies in the extraction and refinement of battery minerals.

Lynas board turns down $1.1B Wesfarmers bid

The rare earths miner said its board had concluded it would not engage with retail and industrial conglomerate Wesfarmers, stating its unsolicited takeover offer undervalues Lynas' intellectual property.

First Vanadium says Nevada project resource estimate exceeds expectations

The company, which in March more than doubled the size of the vanadium property, believes that Carlin’s maiden resource will provide a base for an economic study.

Lynas weighs up rare earths processing in Australia as Malaysia ups pressure

Lynas, one of the world’s main suppliers of rare earths outside China, said it was open to processing materials closer to its Australian mine if that meant it can renew its licence in the Southeast Asian country.

$6 billion private capital ready to invest in mining

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

Japan’s Mitsui injects $30m into Sigma’s lithium project in Brazil

The Japanese trading house is backing Sigma's Grota do Cirilo hard rock lithium project, in the south-eastern province of Minas Gerais.

Frontier Lithium to build demonstration plant for battery metals products

The plant is expected to produce up to 15,000 tonnes of lithium concentrate (spodumene) per year from samples taken at the PAK deposit, located in Canada's northwestern Ontario.

Cannabis mania mows down Canada’s junior mining sector

There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the capital needed to sustain their businesses?

Researchers learn to produce borophene on a gold surface

Borophene is the atom-flat form of boron. The findings constitute a step toward practical applications like wearable or transparent electronics.

Australia's Wesfarmers hints takeover battle for Lynas not over

Comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China.

Australia's Wesfarmers makes $1.1B bid for rare earth miner Lynas

The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.

Bacanora Lithium extends footprint in Germany with new licence

The company has secured a second five-year exploration licence in the Erzgebirge (meaning Ore Mountain) region of Saxony, which completely encloses its Zinnwald project.

Chinese electric vehicle makers are gorging on nickel

New report shows in January 2019, the Chinese market saw 253% more nickel deployed in passenger EV batteries compared to a year ago.

Amnesty accuses electric vehicles makers of using unethically sourced minerals

The problem, says Amnesty, is that no country legally requires companies to publicly report on their cobalt supply chains.

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Aussie miners paid A$30.6 billion in company tax and royalties in 2017-18.

China becomes world's biggest importer of rare earths – analysts

For least seven key rare earths - including praseodymium, used in magnets, and yttrium, used in ceramics - China was a net importer in 2018 for the first time in more than 30 years.

Luxfer’s acquisition of Neo Performance falls through

The Manchester-based company had agreed to acquire Neo for $612 million in cash and stock.

Tianqi Lithium to name three directors to SQM board next month

The world’s No.3 producer of the metal used in electric vehicle batteries said the candidates will be “fair” and “responsible toward shareholders”.

Lynas auditors flag 'material risk’ for the rare earths miner over Malaysia conditions

Ernst & Young report raises concerns about the company’s future due to Malaysia’s order to remove its radioactive waste by September.

Belgian fast-moving 'caterpillar' in deep sea copper, cobalt race

U.N. talks are working out regulations on mining in international waters, which may appeal to companies struggling to find new reserves on land.

Nornickel expects bigger palladium supply deficit in 2019

The global palladium market deficit is forecast at 800,000 ounces compared with 600,000 ounces in 2018.