First rare earth firm in decade to go public in $1.5 billion deal
The deal comes as President Trump pushes to resume domestic production and processing of rare earths.
Latest Stories
China raises annual rare earth mining quota to record high in 2020
Country raised its rare earth mining quota by 6.1% from the previous year to an annual record high of 140,000 tonnes.
Workers at Antofagasta’s Zaldivar mine enter mediation to stave off strike
Workers voted in favor of a walk-off late last week after rejecting a new contract offer, which they said had stripped some current benefits.
Nornickel board to discuss Rusal demands this month
Russia’s environmental watchdog demanded the mining giant pay damages of $2.1 billion after a fuel spill in Siberia.
Vale to set aside $1.4 billion for Brumadinho damages
The amount would ensure the enforcement of any potential fine or forfeiture of assets, rights and values related to the disaster.
JX Nippon aims to boost Chile copper mine output
JX plans to increase the annual output at its Caserones mine by 13% in the next three years.
Nickel developer Australian Mines gets state loan offer
The support package requires the company to find a buyer for nickel and cobalt produced from its Sconi project.
Doomsday hedge fund sees gold topping $3,000
Diego Parrilla, heads of Quadriga Igneo, says gold could rise to $3,000-$5,000 in the next three to five years due to unprecedented monetary stimulus.
Cardinal Resources takeover battle heats up
Its major shareholder, Russia’s Nordgold, has improved its takeover bid.
