Rare earth, uranium miners benefit from EV mania and dash of ESG

"Poorer life cycle, reduced safety and misrepresented relative cost savings are all major concerns for electric vehicle producers."

But the world's second largest producer said they will remain higher than the average reached last year.

The Browns Range heavy rare earths pilot plant was officially opened late last month and will make Northern Minerals the only significant dysprosium and terbium heavy rare earth producer outside of China.

Kenmare Resources' pretax profit for the first half of the year tripled as it shipped more finished products to China and other Asian markets.

Playbook follows success in the iodine market

China's largest lithium battery maker will produce nickel-rich batteries, which are cheaper to make and have longer life-spans than cobalt-based ones.

Canadian company is focused on unlocking the value of existing large-scale US based lithium bearing brine resources that can be brought into production quickly.

The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator.

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.