Chile seeks projects to extract cobalt and rare earths from mining waste
The country's development agency is offering $3-$4m over three years for studies on extracting cobalt and rare earths from tailings.
The US$89 million shares-and-cash acquisition of Estonia’s AS Silmet by Colorado’s Molycorp means both rare earth companies “will be able to take advantage of the very robust price situation in the market right now,” Molycorp CEO Mark Smith said during a conference call with analysts Monday.
