In a move to curb the rampant domestic illegal mining of rare earth, as well as regulate its rare earths players, China is launching an industry association for the precious metal commodity on April 8.
Rare Earth Mining News
An annual profit of more than $A530 million for the world's biggest rare-earths producer, China's Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co, a $1.23 billion North American takeover deal, and complaints by the US, EU and Japan to the World Trade Organisation over China's limiting of rare earth exports made March a busy month for the industry.
The United States should take a cue from Canada when it comes to speeding up the environmental approval of mining and energy projects.
With so many moving variables in the rare earth space, how can investors evaluate investment opportunities? S
Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply
Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada.
Chris Berry, founder of Mountain Partners asset management company, provided an interesting summary of the graphite space while speaking at the recent Graphite Express Conference in Vancouver.
Vancouver-based Tasman Metals on Wednesday published the results of a scoping study at its Norra Karr rare earths project in southern Sweden, sketching out a mine that would cost $290-million to build, and have a $1.46-billion net present value.
China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno.
Greenland Minerals releases initial 242-million tonne mineral resource estimate for the 'Zone 2' uranium-rare earth deposit
Greenland Minerals and Energy Limited ("GMEL" or "the Company") (ASX: GGG.AX - News) is pleased to announce the first mineral resource estimate for the 'Zone 2' multi-element deposit. Zone 2 is the second mineral resource established in the broader project area, following the delineation of a 619 Mt resource at Kvanefjeld (March 2011).
REE International, Inc. (PINKSHEETS: REEI) (the "Company"), a U.S.-based mineral exploration company focused on the exploration and production of rare earth elements, today announces the acquisition of a rare earth property in Port-e-Kiatuma, Guyana.
Alaska Dispatch reported on Ucore's (TSXV:UCU) progress at the Bokan rare earth project in Alaska.
Industry experts say the key to ending China's monopoly on rare earths is for other nations to help clean up the industry instead of freeing up trade.
The following have all combined to limit control of foreign minerals by US companies:
Focus Metals and SOQUEM report significant rare earth element results from the fall 2011 drilling program at Kwyjibo, Northeastern Quebec
Focus Metals Inc. ("Focus" or the "Corporation") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) and partner SOQUEM Inc. ("SOQUEM") are pleased to report the results of the fall 2011 core drilling program on the Kwyjibo Polymetallic Property (the "Property"), located in the Grenville Geological Province of northeastern Québec (see figure 1).
The U.S., Japan and the European Union have filed an official complaint at the World Trade Organization this morning, urging the body to take actions against China’s restrictions on these metals. President Obama warned China that it would not be allowed to gain a competitive advantage in world trade by "skirting the rules."
Euphoria over Molycorp deal may soon turn to despair. China's grip is as strong as ever and rare earth prices are still dropping
Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday and some industry observers say the tie-up creates a vertically integrated company that will transform the industry. Others see REE prices continuing to drop with some already down 70% and China's grip on the market undiminished – exports could double this year and domestic production continues to ramp up.
Despite a healthy economic growth, Canada’s economy lost 2,800 jobs in February, with at least 18% of those positions belonging to the mining sector.
Molycorp and Neo Material Technologies Thursday announced the signing of a definitive agreement under which Molycorp will acquire Neo Materials for approximately CDN $1.3 billion. This will create one of the most technologically advanced, vertically integrated rare earth companies in the world.
China, the world’s largest supplier of rare earth, may almost double exports this year, meeting quotas set by the government as lower prices continue to stimulate demand.
Commerce Resources Corp. Reports Significant Increase in Resources and Grade at the Ashram Rare Earth Element Deposit, Northern Quebec
SGS Geostat has determined a base case Inferred mineral resource of 219.8 million tonnes containing 1.88% TREO, an Indicated mineral resource of 27.7 million tonnes containing 1.90% TREO, and a Measured mineral resource of 1.6 million tonnes containing 1.77% TREO
Pele Mountain enters agreement to acquire rare earth mining claims surrounded by Molycorp, 1800 metres from the Mountain Pass Mine
TORONTO, ONTARIO--(Marketwire - March 6, 2012) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today announced that it has entered into a binding Purchase and Sale Agreement (the "Agreement") to purchase 11 contiguous mining claims (the "Simon Rare Earth Claims"), which are surrounded by Molycorp's Mountain Pass rare earth property in south-eastern California.
The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with.
New study says 66% of institutional investors choose Africa as number one destination. No wonder. Have you seen the size of that place?
A new survey by The Economist Intelligence Unit finds when institutional investors interested in frontier markets were asked to choose two regions out of ﬁve, two-thirds see Africa – projected to be the fastest growing region on the planet this year – as holding the greatest opportunity.
In the wake of a 2011 roller coaster ride in the rare earth market, the sector still holds promise for astute investors. Critical Metals Report interview with Jason Burack and Mo Dawoud.