source:SMM - Shanghai Metals MarketSHANGHAI, Jun 30 (SMM) – China Southern Rare Earth Group, one of the six state-owned rare earth mining groups in China, raised the listed prices for several medium-to-heavy rare earth oxide products, such as terbium oxide and holmic oxide, for this week. The adjustment brought quotes of terbium oxide to 4.7 million yuan/mt, up 150,000 yuan/mt from a week ago, marking the seventh consecutive week of increase. This followed a rise of 100,000 yuan/mt in the previous week. The listed prices of holmic oxide were lifted by 5,000 yuan/mt on the week ...
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2020
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07
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source:S&P GlobalIonic Rare Earths Ltd. has fielded interest from entities representing government interests around the world for the critical and heavy rare earths that could be produced from its Makuutu project in Uganda within two years.Tim Harrison, who was elevated to company CEO on June 26 after having served as Makuutu's project manager since January, revealed the global interest during an interview with S&P Global Market Intelligence. The company entered into an agreement in July 2019 to acquire up to a 60% interest in the project and changed its name to Ionic Rare Earths f...
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2020
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06
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source:University of Wyoming NewsThe potential development of a new industry to extract rare earth elements from the ash of Wyoming’s Powder River Basin coal has taken a step forward with a federal grant through the U.S. Department of Energy (DOE).The grant is part of DOE’s Technology Commercialization Fund, which was created to promote DOE national laboratories’ promising energy technology and expand the agency’s efforts to foster commercial impacts developed from DOE research. The project will facilitate the expansion of technologies and methods for rare earth element extraction from coal as...
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2020
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06
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source:Resource World Magazine (press release)Namibia Critical Metals Inc. [NMI-TSXV] has provided an update on progress at the Lofdal heavy rare earth project in northern Namibia, which is a joint venture with Japan Oil, Gas and Metals National Corp. (JOGMEC). The Lofdal joint venture is operating under a term 1 budget of $3-million, with the objectives of doubling the current resource size at Area 4 with a 7,700-metre drill program, testing two high-priority exploration targets with 1,500 metres of drilling, and carrying out further metallurgical testwork to optimize the processing flowsheet...
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2020
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