The state miner is seeking private-sector partners to develop and exploit its vast Maricunga and Pedernales deposits in the north of Chile.
Rare Earth Mining News
Prices for cobalt metal, used in production of electric vehicle batteries, have tripled to nine-year peaks above $30 a pound from below $10 a pound in late 2015.
What would happen if you flipped a switch, and suddenly every new car that came off assembly lines was electric?
Permit lets Bacanora go-ahead with its 35,000tpa (tons per annum) lithium carbonate operation in Mexico.
MGX and its technology partner, PurLucid, made ground-breaking progress in treating complex brines with high magnesium content.
The truth, in regards to the world’s mineral resources, is that we in the western developed countries are usually not in control of supply.
The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).
In a High Court decision handed down on 3 October 2017, Justice Meyer found in favour of the taxpayer, United Manganese of Kalahari Proprietary Limited.
NexGen Energy Ltd. reported radioactivity results for 22 holes of the on-going summer drilling program on their Rook I property in Athabasca Basin, Sask.
The graphite market has shown its first sign of life in a few years with some upward price pressure.
Competitive operating costs and supportive government policies are also expected to play a key role in Mexico's mining industry strong recovery.
Plug-in-vehicle market in China surges to a record 1.8% of total passenger vehicle sales.
Albemarle said it could invest $1-billion in Chile over the next 5 years if request to the government to let it extract 125,000 tonnes per year is approved.
The billionaire inventor of the bagless vacuum cleaner said his company was building an electric car which will launch by 2020, the latest firm to challenge traditional carmakers in a burgeoning market.
It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.
Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.
Rumours point at US chemical company Albenarle Corporation as the first potential buyer for PotashCorp interest in SQM, worth about $4.5 billion.
The specialty chemicals company said the overall market "could be (worth) more than $30 billion (in) sales when battery electric vehicle penetration increases to around 10 percent.
Environmental protection campaigns in China are tightening the country's supplies of both graphite and needle coke.
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.
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.
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.
Active mining concessions add up to 25,716
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.
As ever with rare earths, this is all about what is happening in China, the world's dominant producer of these critical materials.