In another attempt to reduce its dependence on China's strangehold on rare earth element supply, Honda announced that its dealers will start to recycle old cars to extract the rare earth metals from the nickel-metal hydride batteries.
Australian analysts from Foster Stockbroking say confidence in rare earths miner Lynas Corporation (ASX:LYC) is returning after the Malaysian High Court dismissed an appeal against the company's Advanced Materials Plant (LAMP).
The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."
The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.
Canadian rare earth explorer Pele Mountain Resources Inc. (TSX-V:GEM)(OTCQX:GOLDF) announced today that it has entered into a binding agreement to sell its Highland Gold projects to a wholly owned subsidiary of Prodigy Gold Inc. (TSX-V:PDG) for US$1.8 million.
Canadian rare earths explorer Pele Mountain Resources closed up 18% on Monday after the Toronto company announced an updated PEA on its Eco Ridge project.
The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the Congress released last week.
Avalon Rare Metals, whose Nechalacho rare earth prospect in Canada's Northwest Territories is in the midst of a feasibility study, today announced the results of a separate prefeasibility study for the separation plant, to be built in Louisiana.