CBMM recently acquired 20% of US-based start-up Battery Streak with the goal of accelerating new technologies that use niobium for lithium-ion batteries.

Greenland’s decision to ban uranium mining and exploration effectively blocked Kvanefjeld, which would produce the metal as by-product.

The ban affects the Kvanefjeld rare earths project, one of the world’s biggest, as it would have produced uranium as a by-product.

It did not take long for COP26 to turn into a farce with UN Secretary General António Guterres pleading with the gathered highnesses and excellencies to declare enough is enough.

According to IDTechEx, Europe is making efforts to decrease the utilization of magnetic materials and especially heavy rare earths in its electric vehicles.