Rare Earth Mining News

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.

Private capital says no to mining

Study shows Q2 2017 new private capital for natural resources investment dropped to lowest since 2011 and not a single mining fund were able to raise money.

CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom

The need for the metal is expected to triple by 2025, but no all the countries rich in lithium are taking advantage of that trend, as shown in these graphics.

Tesla to build world’s largest lithium-ion battery in Australia

The mega-project will be built in conjunction with French renewable energy firm Neoen and paired with Neoen's existing Hornsdale Wind Farm north of Adelaide.

Tesla's Musk says Model 3 on track, shares rise

Chief Executive Elon Musk said firm is on track to produce 20,000 per month by December.

Russia's Nornickel in talks to supply materials for BASF's battery plans

Russia's mining giant Norilsk Nickel (Nornickel) said on Tuesday it was in talks with German chemicals firm BASF to supply raw materials needed in the process for making lithium-ion batteries in Europe in the future.

Australia backs lithium mine to spur battery push

Govt investing in lithium mine for first time

Time to invest in Africa?

Expansion opportunity comparisons for Africa have been likened to the growth stories of China or India at the infancy of their economic transformations

South Africa could play a key role in world rare earth supplies

Manufacturers of products ranging from batteries to electronic devices, and wind turbines to hybrid cars, are scouring the world to secure critical supplies of rare earths

Canada's Mkango to start mining rare earths in Malawi in 2020

The company, which has been present in the south-eastern African country for more than a decade, says that by 2021 will be producing 3,000 tonnes of rare earths per year.

Pele Mountain sells uranium project to focus on lithium

A plan by Pele Mountain Resources (TSXV:GEM) to mine uranium in northern Ontario while at the same time processing rare earths has fizzled.

Mountain Pass sells for $20.5 million

The new owner of the Mountain Pass rare earths mine in California is MP Mine Operations LLC - a Chinese-led consortium including rare earths miner Shenghe Resources.

Argentina passes mining act expected to create 125,000 new jobs

Agreement is part of plan to double investment in the sector to $25bn in eight years.