Metminco jumps into the battery metals wagon with nickel project buy
Until now, the Australian miner had been advancing exploration projects in Latin America focused mainly on gold, but with significant exposure to copper, molybdenum and zinc.
The Colorado company is destined to become the number one producer outside China, but the rapidly changing economics of the industry has seen its stock decline 20% this week and 74% since May last year.
Magnetically sensitive sharks don't like samarium, neodymium, and praseodymium, according to a report by BBC on a company that is experimenting with rare earth elements to protect swimmers from getting bit.
Hal Quinn, President and CEO of the National Mining Association, testified before Congress today on new legislation that would address America's dependence on critical metals.
Molycorp was forced to sell rare-earth oxides from Mountain Pass for 20% cheaper than during the December quarter last year. The company's stock is now worth 60% less than this time last year and all the gains from the Neo Material takeover have evaporated.
The High Court of Malaysia today rejected Australian miner Lynas Corp’s (ASX:LYC) application for an injunction against pressure groups that oppose the company’s rare earth plant (LAMP), informs The Malaysian Insider.
Japan and India have reached a basic agreement to jointly develop rare earths, used in the production of several high-tech goods from weapons to cell phones, and supply Tokyo with about 14% of its rare earth needs.
Australian rare earths miner Lynas Corporation (ASX:LYC), has filed a defamation action against Malaysian protestors and opponents over their criticism of the company's rare earth plant (LAMP), which will process ores shipped from Western Australia.