December 4, 2023 Idaho National Lab, US Critical Materials sign deal to develop new rare earth processing methods This is a positive development for a nascent North American rare earths market and taps into the broader issue of the glaring lack of domestic production.
December 4, 2023 Western start-ups seek to break China’s grip on rare earths refining The existing standard to refine these strategic minerals is an expensive and dirty process that China has spent the past 30 years mastering.
December 1, 2023 US gives $50 million boost to critical minerals investor TechMet The backing from the US International Development Finance Corporation brings its total investment in the Dublin-based firm to $105 million.
November 30, 2023 Saudi Arabia studies graphite, rare earths trading platform – minister The Kingdom has been studying setting up the trading platform for the past three months and it does not expect a decision to be made before the next six.
November 29, 2023 India launches first part of critical minerals auction worth $5.4 billion India will also announce the acquisition of lithium blocks in Australia and Argentina in a month or two.
November 22, 2023 China-linked fund seeks ouster of Australia rare earths miner’s chairman Yuxiao Fund, which owns a near 10% stake in Northern Minerals, wants chairman Nicholas Curtis removed as a director.
November 22, 2023 China allows a trickle of critical minerals exports ahead of graphite curbs China exported small amounts of two minerals crucial to high-tech manufacturing in October.
November 20, 2023 Ucore gets C$4.3 million federal grant for REE demo plant in Ontario The Canadian government support will be used to commercialize Ucore’s RapidSX technology specifically for light REEs.
November 17, 2023 Report to US Congress raises concerns over China’s rare earth control China could effectively cut off 40–50% of global rare earth oxide supply.
November 14, 2023 Lynas withdraws court request to review Malaysia licence conditions The government had previously barred Lynas from importing and processing lanthanide concentrate from January 2024.
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