In April, ethical investors working on a global standard for tailings dams had written to 683 listed resource companies, including major miners, asking for information to be made public within 45 days about every facility they control.
According to Sweden's Deputy Minister of Foreign Trade and Promotion, the country has become lithium-thirsty due to an increase in demand for electric cars.
The World Gold Council revealed that holdings in global gold-backed exchange-traded funds fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows.
While Australia-based Lynas cannot match China's rare earth processing capability, it is hoping that its role as the largest rare earth miner and the largest processor outside of China will help it forge new relationships and fuel expansion projects.