MINING.COM

Processing plant to cost $302 million- 1/3 of Avalon’s rare earth project capex

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.

Andrew Topf | April 13, 2012 | 10:09 pm

Rare Element Resources revises Bear Lodge economics. Stock is now up 75% for the year

Rare Element Resources added 2.6% in after hours trade on Thursday after releasing a revised pre-feasibility study at Bear Lodge with improved economics, bringing its gains for the year to 76%.

Frik Els | April 12, 2012 | 11:25 pm

Lynas wins a battle, but war with Malaysians who oppose rare earth plant goes on

In what could be considered a slight victory for embattled Australian rare earths miner Lynas Corporation (ASX:LYC), the Malaysian High Court ruled today against a request to review a recent decision to grant the Lynas a temporary licence (TOL) for its processing plant.

Cecilia Jamasmie | April 12, 2012 | 12:35 pm

Look ma, no rare earths

Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.

Michael Allan McCrae | April 11, 2012 | 7:40 pm

Molycorp’s rare earth reserves jump 36%

U.S.-based Molycorp, Inc., one of the only non-Chinese producers of rare earths, announced today that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36 percent, according to a new independent estimate.

Cecilia Jamasmie | April 10, 2012 | 3:14 pm

$8.4 billion rare earth deposit discovered in Brazil

Brazilian miner World Mineral Resources (WMR) has found a large reserve of neodymium, one of the 17 rare earth elements, in the western Bahia state, which could bring US$8.4 billion to the country.

Cecilia Jamasmie | April 9, 2012 | 3:59 pm

Ready, set, go: China’s long-awaited rare earth industry group is already here

In a move to curb the rampant domestic illegal mining of rare earth, as well as to regulate its rare earths players, China launched on Sunday its industry association for the precious metal commodity, as MINING.com anticipated last week.

Cecilia Jamasmie | April 9, 2012 | 12:40 pm

Rare earth supplies in U.S. to meet defense needs, Pentagon says

Domestic rare earth supplies will meet the U.S. defense industry’s needs by 2013 for the materials that go into military motors and electronics, according to a Pentagon report sent to Congress.

Bloomberg News | April 5, 2012 | 9:55 pm

Lynas rare earths plant in Malaysia gets momentary red light

Malaysia's Atomic Energy Licensing Board (AELB) has postponed granting a temporary rare earths mine operating license (TOL) to Australian miner Lynas Corp. (ASX:LYC) until an outstanding appeal by residents to the science, technology and innovation minister has been completed.

Cecilia Jamasmie | April 5, 2012 | 1:37 pm

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