source:Voice of AmericaIn 2021, a more than 70-year-old mine in California’s Mojave Desert will become the center of an effort to revive an American mineral refining system that some say is critical to the country’s national security. At issue is the availability of rare-earth metals, which are needed for hybrid electric cars, smartphones and certain types of military equipment. In fact, the recently passed National Defense Authorization Act directs most Pentagon systems to use rare earth metals that have been mined and refined outside of China within five years and dictates that th...
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2021
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source：Proactive Investors USA&CanadaAnthony Ho purchased 57,188 shares in the strongly supported A$4 million SPP after acquiring 100,000 shares earlier this month in an on-market transaction.Greenland Minerals Ltd (ASX:GGG) (OTCMKTS:GDLNF) (FRA:G7P) non-executive chairman Anthony Ho has shown his support for the company and its rare earth strategy by participating in a share purchase plan (SPP).On December 30 Ho acquired 57,188 shares valued at A$13,725.12 in direct and indirect interests and now holds almost 4.033 million shares.It was his second purchase this month with 100,000 shares v...
Release time:
2020
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source：Yorkshire PostBritish firm Pensana revealed plans in early December to create 100 jobs in Saltend, Hull, with a new processing site for rare earth, one of the key components of the offshore wind and electric vehicle industries.The site would be one of only two such facilities outside of China and could create as much as 500 more jobs in the supply chain.Pensana chairman Paul Atherley said his firm wanted to invest into bringing rare earth processing to the UK.China is currently home to the vast majority of rare earth processing to produce permanent magnets, which are used in all offshor...
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2020
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source：Global Mining ReviewThe first results from Pensana Rare Earths’ 7500 km2 Coola Project,16 km north of Longonjo, have reported high tenor soil anomalies up to 4.69% REO extending over the 1.3 x 1.4 km Coola carbonatite.The highest REO values lie over the 3.2 km perimeter of the out-cropping circular carbonatite dyke.The company plans to drill test these defined targets in 2021.Further assay results are expected shortly from soil sampling completed over the Monte Verde alkaline complex.Chief Operating Officer, Dave Hammond, commented: “These high-grade rare earth assays are a great start,...
Release time:
2020
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