source：StreetInsider.comThe operator of the biggest rare element mines in the Western Hemisphere, MP Materials, was among three firms that received grants from the Department of Defense (DOD) on Nov. 17. These grants are centered on restoring the production of rare earth elements in the United States. The company uplisted on the New York Stock Exchange the day after receiving the grant.The Defense Production Act Title III grant, worth $9.6 million, was awarded by the Pentagon to the firm so it could start refining critical minerals at its California Mountain Pass mine. In an interview, MP Mate...
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source：BBC NewsA site in Hull has been chosen as the proposed location for what would be the UK's first plant to process rare earth materials.Rare earth oxides are used to make powerful permanent magnets, critical to the offshore wind and electric vehicle industries.The proposed plant at Saltend Chemicals Park would process materials from a sustainable mine in Angola.The firm behind the move said it would 'support the green economy'.Pensana Rare Earths said the plant would be one of only two major producers outside China of rare earth oxides, and would help create 'the world...
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source：Kitco NEWS(Kitco News) - KRBD-FM reported yesterday that the US Forest Service has reached an agreement with Colorado-based Newmont to permanently seal the former Ross-Adams uranium mine in Alaska's Tongass National Forest on Prince of Wales Island.The Alaska Department of Environmental Conservation says the Forest Service should be involving other agencies in the long-term monitoring of the site.The Cold War-era Ross-Adams mine hasn’t produced uranium for nearly 50 years, but state regulators have been working to have the radioactive site on Prince of Wales Island cleaned up since ...
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Namibia Critical Metals Confirms Significant Upgrades on Bulk Sample from Lofdal Heavy Rare Earths Project - Comments on Positive Developments in Rare Earth Markets source：Yahoo FinanceHALIFAX, NS / ACCESSWIRE / December 3, 2020 / Namibia Critical Metals Inc. ('Namibia Critical Metals' or the 'Company' or 'NMI') (TSXV:NMI) is pleased to provide an update on the metallurgical test work program on the Lofdal Heavy Rare Earth Project in northern Namibia 'Lofdal' or 'the project'). Lofdal is a joint venture between the Company and Japan Oil, Gas and Met...
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