source:MINING WEEKLYAim-listed Pensana says that, following the recent ￡15-million premium equity raise which was strongly supported by the company’s major shareholders, early-stage development has started on the establishment of its rare earth processing hub at the Saltend Chemicals Park in Humber, in the UK.The Saltend plant will be the first major rare earth separation facility to be built in over a decade and the first to be located in a freeport.The final tax and customs regimes for the Humber Freeport are being finalised but are expected to take the form of an economic enterprise zone, p...
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2021
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source:MRTThe boom in demand for raw materials for electromobility or the development of a hydrogen economy could open supply gaps – advisors to the federal government are now recommending that the economy conduct a comprehensive review of its supply chains. “Good risk management is important for companies,” warns the head of the German Raw Materials Agency (Dera), Peter Buchholz. You should “examine the relevant relationships, identify weak points and work out strategies with the suppliers on how they can protect themselves from failures and strong price volatilities”.Dera is examining the si...
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2021
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source:The west AustralianMount Ridley Mines is ramping up exploration across its namesake project in the southern Goldfields of Western Australia. The company’s evaluation of its extensive ground-holdings in the region has highlighted its potential to host shallow, clay-hosted rare earth element, or “REE” deposits, with nearby explorers being rewarded with considerable success.REEs have in recent years once again shot to the fore on the back of rising demand from the burgeoning electric vehicle market and the listing of speciality metals as “critical” to future development by a rash of indust...
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2021
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Ucore Updates on Innovation Metals Corp.’s Successful Completion of Initial Extraction-Rate Testing of the RapidSX Technology for Rare-Earth Elements Separation source:INNUcore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is very pleased to announce that the Company’s wholly owned subsidiary, Innovation Metals Corp. (“IMC” or the “company”), has successfully completed initial extraction-rate testing of its proprietary RapidSX? separation technology and to provide an update on the company’s RapidSX commercialization demonstration program and related timelines. Bei...
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2021
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