source:MarketWatchThe COVID-19 pandemic aid and spending package that was signed by outgoing U.S. President Donald Trump in the last weeks of 2020 is inclusive of more than $800 million to finance strategic minerals and rare earths research. This fund will help mining firms to neutralize China’s dominance in the natural resource industry sector.The bill, which is worth $2.3 trillion and is 5,573 pages long, is a compilation of Trump’s executive orders on rare earths. Rare earth minerals are a category of minerals used to make magnets for electric cars, weapons and other green technologies. The...
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source：World CoalA NETL-supported project at West Virginia University (WVU) to extract economically and strategically important rare earth elements (REEs) from Appalachian coal resources has reached new milestones, such as partial automation of the recovery process, and exceeded its original REE purity and recovery goals.Researchers at WVU’s Water Research Institute used the on-campus Rare Earth Extraction Facility (REEF), which was designed, constructed and commissioned in 2018 as a part of this cooperative agreement, to demonstrate that acid mine drainage (AMD) precipitates from mining sites...
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source：Resoure World MagazineNamibia Critical Metals Inc. [NMI-TSXV; NMREF-OTC] provided an update with further drill results from the Area 2B satellite deposit on the Lofdal heavy rare earth project in northern Namibia.Lofdal is a joint venture between the company and Japan Oil, Gas and Metals National Corp. (JOGMEC) which is operating under a term 1 budget of $4.1-million. Since the company’s previous update on November 26, 2020, progress highlights are summarized as follows:Additional drill results from Area 2B satellite deposit confirm multiple dysprosium zones to 190 vertical metres...
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2021
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source：Creamer Media’s Mining WeeklyAdditional drill results from TSX-V-listed Namibia Critical Metals’ Area 2B satellite deposit on the Lofdal heavy rare earth project, in northern Namibia, confirm multiple dysprosium zones to 190 vertical meters.“Continuing positive drill results from Area 2B are confirming the importance of this satellite deposit to add additional heavy rare earth mineral resources to the project,” says president Don Burton.He adds that prices for dysprosium and terbium oxides continue to strengthen, with dysprosium approaching $300/kg and terbium surpassing $1 100/kg.Meanw...
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