source:Mining ReviewThe Company is not raising any funds in connection with the admission and will have 188,274,665 ordinary shares of £0.001 each in issue.Paul Atherley, Chairman of Pensana Rare Earths, comments:“The US$16 trillion post COVID-19 stimulus programmes are transforming the renewable energy sector, supercharging the demand for critical rare earth magnet metals.“With no new rare earth mines in construction magnet metal prices are forecast to rise over the next few years.“With Angolan Presidential approval and financial backing from the Angola Sovereign Wealth Fund and various insti...
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2020
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soure:Wyoming TribuneGILLETTE — As flagging coal and oil revenues continue to implode the Wyoming budget by hundreds of millions of dollars, momentum is growing for a more down-to-earth solution.A push to resurrect the nation’s ability to produce and refine rare earth elements has made some people wonder whether that also could be the phoenix that rises from the ashes of the Powder River Basin’s legacy coal mining industry.More specifically, from the ash produced by area coal-fired power plants.Typically a waste product of burning coal to make electricity, coal ash also contains rare earths, w...
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2020
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eMetals extends indicators of tungsten, niobium and rare earths at Nardoo Well, drilling to begin this quarter source:Small CapeMetals (ASX: EMT) has discovered new tungsten, niobium and rare earth element (REE) anomalies at its Nardoo rare metal project located within the Gascoyne region of Western Australia, 840m north of Perth.Highly anomalous tungsten has been identified at the newly discovered Miru prospect over a 2km strike length.In addition, highly anomalous REE neodymium has been identified at another recently discovered area, Cairn Hill.Meanwhile, an 8 square kilometre anomalism...
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2020
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source:Yahoo FinanceTexas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths, technology metals and a variety of industrial minerals, has filed a preliminary proxy statement seeking shareholder ratification of the amended and restated August 2019 option agreement with USA Rare Earth to fund the development of the Round Top project. Upon further review by counsel and in light of the current USA Rare Earth plans to raise capital and expedite progress on the development of the Round Top project, TMRC believes this ratification is in the Company’s best int...
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2020
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