Rare Earth Mining News

Rare earth abundance: China could come close to doubling exports

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.

Body blow for mining heavyweights as China growth expected to slow to near decade low

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.

Massive consolidation likely in junior rare earths sector: Burack and Dawoud

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.

Lynas website hacked as thousands protest Malaysia rare earth plant

Thousands of protesters have been converging on Lynas Corporation's new rare earths processing facility in Malaysia according to reports. The Australian producer's website was also hacked over the weekend.

Rare earth investment update

We've received a number of inquiries from Casey Research subscribers about our opinion on the current rare earth metals market. We have covered this topic previously, but this article, we'll take a fresh look.

Malaysians protest against ore processing

Thousands of people have rallied in Malaysia in a protest against an Australian miner's rare earths plant.

Molycorp fires up new rare earths plant

Molycorp, the company in the process of expanding and modernizing a mine and processing plant closed down in 2002, this week announced the sequential start-up of its Project Phoenix rare earth manufacturing facility.

The next Molycorp? Frontier says it can produce rare earths by 2015

Mining and processing rare earths is a tricky business. Processing the materials is costly, and the supply of the 17 elements used in manufacturing everything from smart phones to electric cars and missile guidance systems is pretty much sewn up by China, which has 95% of the production.

Legal action may delay Malaysian rare earths plant

Malaysian residents opposed to a rare earths processing facility have launched a legal challenged that threatens to delay the project put forward by Australia's Lynas Corp.

Rare Earth element found far, far away; tellurium detected for the first time in ancient stars

Nearly 13.7 billion years ago, the universe was made of only hydrogen, helium and traces of lithium — byproducts of the Big Bang. Some 300 million years later, the very first stars emerged, creating additional chemical elements throughout the universe. Since then, giant stellar explosions, or supernovas, have given rise to carbon, oxygen, iron and the rest of the 94 naturally occurring elements of the periodic table.

Greenland Minerals and Energy Limited: Kvanefjeld Project-Major Technical Breakthrough: Atmospheric Leaching Extracts 90-95% of Uranium and Heavy Rare Earths

Greenland Minerals and Energy Limited (ASX:GGG) ("GMEL" or "the Company") is pleased to provide an update on metallurgical developments that continue to enhance the Kvanefjeld multi-element project ( uranium rare earth elements, zinc). Kvanefjeld is recognised as one of the world's largest resources of rare earth elements and uranium, and is favourably located near existing infrastructure in southern Greenland. PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 23, 2012) -

Germany and Kazakhstan ink $4 billion rare earths deal

A $4 billion rare earths deal signed this week between Germany and Kazakhstan is being criticized by human rights groups.

Rare Element Files December 31 Second Quarter Financial Results and Update on Preliminary Feasibility Study for Bear Lodge Project

The net loss for the second quarter ended December 31, 2011 totaled $10.1 million or $0.23 per share as compared to a net loss of $2.6 million or $0.07 per share for the same period in 2010.

Graphite and rare earth metals for the 21st Century: Jack Lifton

The list of once-obscure metals and minerals that are becoming "strategic" seems to be growing daily. However, population growth and rising living standards in developing countries are driving demand for most raw materials

Hudson’s Neodymium magnet mine

The Sarfartoq Carbonatite Complex, in west Greenland, is 100% controlled by Hudson Resources TSX.V – HUD and is one of the worlds largest carbonatite complexes having approximate dimensions of 13km X 8 km.

Colorado class action complaint accuses Molycorp execs of fraud

Was Molycorp's promotion of the Mountain Pass mine-attracting the attention of U.S. lawmakers and the international business community to looming domestic rare earths shortages-little more than hype?

Blown away: 70% of Europe's new power generation comes from renewables

According to a new European Wind Energy Association report a record 71% of all the new power generating capacity installed in the Europe Union in 2011 came from solar panels, offshore and onshore wind turbines and other renewable energy sources. This at the same time as the world's largest clean coal power station project appears stuck in the starting blocks.

Outrage over Lynas approval

One of the most vocal opponents to Lynas Corporation's plans in Malaysia says it is "outraged and appalled" by the Government's decision to grant Lynas a temporary operating licence.

IAMGOLD declares rare earth inferred resource of 467 million tonnes at a grade of 1.65% TREO

IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that it has declared an inferred resource of 466.8 million tonnes at a grade of 1.65% Total Rare Earth Oxides ("TREO") as a result of its 2011 exploration drilling program conducted on the rare earth elements ("REE") zone adjacent to its Niobec niobium mine near Saguenay, Quebec, Canada.

I shoulda, coulda, woulda bought Molycorp. Rare earth miner now up 30% in 2012 after $390 million cash injection

Molycorp on Wednesday built on its strong gains since the start of the year after announcing a $390 million cash injection from Chile's Molymet.

Forum identifies heavy rare earth potential on the Kipawa West Project

Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce results from its 2011 prospecting and sampling program this past autumn on its Kipawa West project under option from Aurizon Mines Ltd., which adjoins Matamec's Kipawa Rare Earth Deposit near Val D'Or, Quebec. Matamec recently announced a positive Preliminary Economic Assessment for average annual production of over 5,000 tonnes of a mixed Total Rare Earth Oxide (TREO) concentrate.

Rare earth metals—not your father's mining biz: Byron King

The non-Chinese rare earth metals sector is not dying, insists Byron King, editor of Outstanding Investments and Energy & Scarcity Investor. However, a rare earth miner's path to success significantly differs from the precious metals game.