Experts say the main reason behind such debacle is a combination of steadily rising production, pipeline constraints and an unexpected outage at a U.S. refinery.
Dr. Chris Twigge-Molecey of Hatch is this year's recipient of the Airey Award, the most prestigious award in Canadian metallurgy, presented by the Metallurgy and Materials Society (MetSoc) of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
We have engaged in a very successful underground mining machine rebuild program with our customers—rebuilding scoops, shield haulers, continuous miners, feeder breakers and longwall gearboxes.
About 90% of China’s rare earth producers are currently operating at a loss as prices for the coveted elements continue to drop due to a global glut and illegal mining.