source:proactive investorsAclara Resources Inc (TSX:ARA, OTC:ARAAF) chief operating officer Barry Murphy joined Proactive to discuss the company's recent completion of a conceptual engineering study for its rare earth separation project.Murphy shared insights into the study's positive results, highlighting the company's unique position as the first vertically integrated heavy rare earth producer outside of Asia, and outlined the next steps in advancing the project.Proactive: You've announced the completion of a conceptual engineering study for your rare earth separation project...
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2024
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source:INNOVATIONNamibia Critical Metals Inc. has announced the renewal of its Environmental Clearance Certificate for mining activities on Mining License 200, covering the Lofdal Heavy Rare Earth Project.This certificate permits the Company to carry out exploration, processing, and mining activities on its Lofdal tenement and is valid until September 2027.The Company is also pleased to report significant progress in its Pre-Feasibility Study (PFS) for the expanded ‘Lofdal 2B-4’ project. The scope of the PFS has been broadened to include sorting test work using recently advanced XRF and XRT so...
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2024
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source:MININGEurope-focused Critical Metals Corp. (Nasdaq: CRML) said on Tuesday it had obtained an extension for the exploitation license of its majority-owned Tanbreez project in Greenland, the world’s largest rare earth deposit.The company must now submit exploitation and closure plans by the end of 2025, provide financial security and a company guarantee by June 30th, 2026, and begin mining by the end of 2028.Sign Up for the Battery Metals Digest“The extension is a significant milestone, demonstrating strong local support for our project, which is expected to create numerous local jobs,” c...
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2024
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source:Investor.News“The global supply chain for heavy rare earth elements like dysprosium and terbium, essential for high-coercivity permanent magnets used in electric motors, is critically dependent on China, which controls 99% of production. Despite hype around non-Chinese mining of these elements, no commercial production has been achieved outside China due to technical, environmental, and economic challenges. Without addressing these issues, attempts to create a non-Chinese supply chain for rare earth magnets are unlikely to succeed.” — Jack Lifton, Co-Chair, Critical Minerals Institute (...
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2024
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