Rare Earth Mining News

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.

Only producing U.S. rare earths mine goes on the block

The gavel is coming down on Mountain Pass tomorrow, as the only producing rare earths mine in the United States goes up for auction.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Rare earths and gold projects advancing in Australia

A recent report by Edison Investment Research has Alkane Resources back on track at its Tomingley Gold Operations after disruptive rains, and development is continuing at the multi-commodity Dubbo Project.

Super power: Are rechargeable batteries transforming the mining sector?

There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.

$16K in gold bullion up for grabs in new stock-picking contest from Stockpools & Kitco

Junior mining investor enthusiasts will be duelling it out for the big money when the next contest by Stockpools and Kitco is launched the first week of June.

Battery electric vehicles underground guideline published

Joint venture between GMSG and CMIC results in best practices guide for the mining industry.

China and India on aggressive electric vehicle push

China and India are rolling out plans to dramatically accelerate the adoption of electric vehicles (EVs), initiatives that have prompted the IEA to take notice and promise a review its long-term oil demand forecast.

5 clean energy innovations that could transform our world

Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.

Argentina to pass new mining law this week

Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.

Junior granted mining lease for primary scandium mine; stock rockets 15%

Investors in a small-cap junior focused on the mining of a lesser-known element - scandium - were rewarded on Friday after a favourable decision from the New South Wales government in Australia.

Dozens trapped, two killed in Iranian coal mine explosion

The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.

Pilbara Minerals vaults 30% on Chinese offtake deal

Australian lithium explorer Pilbara Minerals (ASX:PLS) took a big step today towards its goal of becoming a low-cost lithium producer, by completing offtake arrangements for its flagship Pilgangoora project in the Pilbara region of Western Australia.

Elon Musk's worst nightmare: child labor and cobalt supply

Lithium-ion batteries contain more cobalt than lithium, says Lior Gantz of the Wealth Research Group, and discusses the element's predicted shortage.

Czech mining industry pins hopes of revival on lithium

The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.

Caterpillar soars as first quarter sales jump for first time in over two years

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

MGX Minerals receives independent confirmation of rapid lithium extraction process

As reported by SRC, the Company’s proprietary design process was successful in recovering up to 83.7% lithium (Li) and concentrating 461 ppm Li from a 71 ppm representative sample of formation brine originating from the Sturgeon Lake oilfield.

Recent Escondida strike may push Chile into recession

Analysts believe that would increase the chances of the country joining Latin America’s ongoing political drift to the right in November’s elections.

Chile’s Codelco sets up lithium subsidiary

The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.

British scientists find sub-sea minerals treasure trove

They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.

Iron ore, copper price plunge brings carnage to mining stocks

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

Bacanora Minerals soars on deal to supply lithium to Japan’s Hanwa

Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.

Escondida strike less damaging to Chile’s copper output than thought — report

Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it yielded last year.

Top 50 biggest mining companies

Combined worth of $842 billion with 20% gains so far in 2017.