source:NIKKEI ASIATOKYO -- The Japanese government is poised to increase funding for the exploration of rare earth metals, Nikkei has learned, as competition in the sector intensifies amid an accelerating global shift to electric vehicles.The government is considering lifting the 50% ceiling on government funding for resource exploration projects by the end of this year, sources said. This will allow state-backed Japan Oil, Gas and Metals National Corp. (Jogmec) to shoulder more than half of the costs of exploring and developing natural resource mines, the sources said.The move, if it goes thr...
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2021
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source:proactiveAmerican Rare Earths Ltd (ASX:ARR) (FRA:1BHA) has received positive interim metallurgical test-work results on rock chip samples from the original resource area at La Paz Rare Earths Project in Arizona USA, providing support for a new test program.The current round of test-work, which was conducted by the Saskatchewan Research Council (SRC) in Canada, produced concentrate grades similar to what was achieved in historical work but using wet high-intensity magnetic separation (WHIMS) only.Rock chip material returned more than 50% silica, with minor magnetite and hematite.Rare ear...
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2021
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source:Mining Review AfricaIonic Rare Earths (IonicRE) has signed a non-binding MoU with Aluminium Corporation of China subsidiary, China Rare Metals and Rare Earth (Jiangsu) (CHINALCO) in relation to the development of the Company’s Makuutu Rare Earths Project (Makuutu) in Uganda.IonicRE MD Tim Harrison comments:“We are very pleased to have signed this MoU which, further endorses the quality of the Project and its strategic importance, and will now enable the Makuutu Rare Earths Project to rapidly advance activities in the near term.“We welcome the involvement of CHINALCO and their ionic clay...
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2021
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source:Small CapsAfter a thorough review, RareX (ASX: REE) will begin a major drilling program later this month, which is designed to test a new geological model at its flagship Cummins Range rare earth element project in Western Australia’s Kimberly.The upcoming program will comprise up to 6,000m of reverse circulation and diamond drilling and will follow up on newly identified targets.RareX geologists undertook a “thorough” review of the project including analysing data from 58 RC holes that were completed in August through to October last year.The review has led to the development of a new ...
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2021
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