DOE to award $28.35M for R&D on advanced processing of rare earth elements and critical minerals from coal-based resources source：Green Car CongressThe US Department of Energy’s (DOE) Office of Fossil Energy (FE) has announced $28.35 million in federal funding for cost-shared research and development projects under the Funding Opportunity Announcement DE-FOA-0002404, Advanced Processing of Rare Earth Elements and Critical Minerals for Industrial and Manufacturing Applications.The US imports more than half of its annual consumption of 31 of the 35 critical minerals (CM). The US has no ...
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source：InvestorintelAfter a positive summer drill program at its flagship scandium-rare earth Crater Lake Property in northeastern Quebec, Imperial Mining Group Ltd. (TSXV: IPG) successfully closed a $2.6 million financing in December to accelerate the project forward in 2021.Imperial Mining plans to use the proceeds to complete definition drilling at Crater Lake’s “TG Zone”, and to deliver both a 43-101 Resource Report and a Preliminary Economic Assessment (PEA) by the end of June 2021.Last trading at $0.16, Imperial Mining Group has a market cap of $20 million and a PEA could re-rate the com...
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source：Recycling InternationalThe use of rare earths in the e-mobility sector will surge in the coming decades, according to Ana Maria Martinez of Norway’s R&D firm Sintef. In response, she has been working on a multi-million research project to enable the recycling of magnets ‘at an attractive price’.Modern vehicles include a range of small magnets that power headlights, electronics and sensors and weigh in at around 250g. These do not include the larger ones inside the catalytic convertor, traction motor or generator.Strong sales in the consumer electronics sector continue to drive deman...
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Altair International Completes First Stage of Lithium and Rare Earth Project Earn-In With American Lithium Minerals Inc. source：GlobeNewswirePITTSBURGH, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Altair International Corp. (the “Company” or “Altair”) (OTC: ATAO) is pleased to announce that it has completed its Initial Earn-in Option as defined in the definitive agreement (the “Agreement”) with American Lithium Minerals, Inc. (“American Lithium”), a Nevada-based corporation.In seeking to purposefully position itself into the growing Lithium battery market, the Company signed the Agreement on Novemb...
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