Rare Earth Mining News

Lithium boom unlikely to disrupt potash market — analyst

While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.

Auto industry’s use of lithium-ion batteries to grow seven-fold by 2025

The need to store electricity, generated by renewable energy sources such as wind and solar, will also help demand to grow, the Metal Bulletin says.

Chile lithium exports more than double in July from previous year

The value of exports of the metal from Chile, one of the world's top producers of lithium, jumped 51 percent in the first seven months of the year.

Rio Tinto down despite $7.2bn cash return to investors

Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.

Falling Chinese electric car production wrenches lithium price

The world’s automakers “don’t worry about lithium supply anymore” – Simon Moores.

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

Rainbow Rare Earths reports 180% increase in concentrate sold from previous quarter

Rainbow, the rare earth element mining company, is pleased to announce an operations update from its Gakara Project in Burundi ('Gakara') for the three months to 30 June 2018.

First significant Dysprosium producer outside of China to open plant on Friday

Australian explorer Northern Minerals (ASX: NTU) is set to officially open their Pilot Plant on July 27 which marks a significant milestone in the Company’s goal of becoming the most significant producer of Dysprosium outside of China.

Base Resources posts record quarterly rutile production in Kenya

Base Titanium posts record quarterly production of the mineral rutile in Kenya.

Nickel is new headache for automakers as cobalt fears abate

Locking in supplies of key battery raw materials lithium and cobalt has been a headache for electric car manufacturers, but these days it’s the supply of nickel and graphite that’s keeping them up at night.

Tianqi goes ahead with $382-million Greenbushes lithium mine expansion

The expansion, on top of a $238 million upgrade due for completion in April, will double the mine’s production to 1.95 million tonnes a year of lithium concentrate a year from 2020.

Canada scaring mining investors with long, unclear permit processes

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.

Amplats reports jump in H1 earnings, buys Glencore's stake in Mototolo platinum mine

Anglo American Platinum kept the dividend tap flowing as it reaps the benefits of a pivot to mechanised mining that has lifted productivity and cut costs.

Nutrien sells stake in Arab Potash to China’s SDIC

The $502-million transaction makes the Chinese company Arab Potash's majority shareholder.

Bacanora Lithium changes its mind on how to fund flagship Sonora mine

It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.

Tariffs lay bare Washington's rare earths dilemma

Yttrium is just one a host critical minerals on the list of Chinese imports targeted for the next escalation of the simmering trade war between the two countries.

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

Australia’s Northern Minerals makes first rare earth from pilot plant

Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.

Peru unit of Plateau Energy finds one of ‘world’s largest’ lithium resource

Company plans to complete a feasibility study next year, which will reveal whether the proposed $800 million, underground lithium-uranium mine can and should be built.

LME moves closer to lithium contract launch with request for pricing providers

Financial Times says the LME will launch a cash-settled lithium contract in the second half of 2019, which would allow traders to speculate on prices for the metal.

MGX, Belmont set lithium joint venture in Nevada.

Canadian junior MGX has entered into an option agreement to earn into the Kibby Basin lithium brine project, in Nevada.

Rio Tinto's minerals sands operation in South Africa shut by protests

A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the company and a union said on Wednesday.

Lithium becomes Chile’s No. 4 mining export

Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.

The Vancouver junior shaking up the lithium mining industry

MGX Minerals is rolling out technology that cleans and harvests lithium from wastewater generated by oil and gas – 80m barrels a day in North America alone.

Bankers have gone AWOL in the race to build more lithium mines

Despite bullish forecasts for global demand, lithium may have a funding problem.