source：Proactive Investors AustraliaGiven the presence of high-grade neodymium-praseodymium oxide - an essential ingredient for multiple clean technologies - the company is considering additional work to determine the potential of this discovery.Lotus Resources Ltd (ASX:LOT) has found high-grade rare earth oxide (REO) material up to 16% total REO and 3.4% critical REO at the Milenje Hills prospect, 2 kilometres from its Kayelekera Uranium Mine in Malawi, after a preliminary low-cost exploration program. The rare-earth assemblage discovered by geophysics, mapping, and trenching at the pros...
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source：NasdaqJan 29 (Reuters) - Australia's Lynas Rare Earths Ltd LYC.AX said on Friday its sales revenue for the December quarter jumped to a record high, helped by a rise in neodymium and praseodymium (NdPr) demand and prices.Rise in demand for electric vehicles in Europe and Asia compensated for the overall fall in demand in the automotive market, Lynas added.The company had said in November that demand was likely returning to pre-pandemic levels, especially in China and Japan.The world's largest producer of rare earths outside China said production of NdPr rose 7.6% for the quarter...
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source：Deutsche WeileNorway has discovered a huge deposit of critical raw materials. This could make the EU less dependent on China and Russia and boost the bloc's energy transition. DW's Mikhail Bushuev has this exclusive report.Michael Wurmser was a banker, investor and strategic consultant before he met new business partners from Norway. They offered the Swiss national five licenses for a lucrative phosphate deposit in Norway which had previously caught the attention of local scientists.What sounded rather unspectacular at first has turned into one of Europe's most fascinating d...
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2021
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source：MetalMinerIn a rare example of joined up governmental thinking, the announcement by Pensana Rare Earths that it has submitted a planning application for a $125 million rare earth oxide refining facility. The facility would be near Hull in northeast England and would plug a gap in an ore-to-finished-turbine manufacturing landscape developing rapidly in the U.K.’s northeast.U.K.’s rare-earths-to-turbine supply chainIn November, Innovate UK, a government agency, awarded funding in November to Less Common Metals (LCM), a rare earth alloys producer. The funding is aimed at conducting a feasi...
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2021
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