source:Yahoo FinanceVANCOUVER , Nov. 27, 2019 /CNW/ - Defense Metals Corp. ('Defense Metals') (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for drill hole WI19-31 from the recently completed 2019 resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada .Drill hole WI19-31 (-55o dip / 275o azimuth) was drilled to test the northern extension of the Wicheeda REE Deposit and returned 4.43% Light Rare Earth Oxide (LREO; being cerium, lanthanum, neodymium, praseodymium, and samar...
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source:Morningstar(Alliance News) - Rainbow Rare Earths Ltd said on Monday it is 'optimistic' following recent drilling results from drilling at Kiyenzi in Burundi.Guernsey-based Rainbow in October shipped off cores from the site for testing, and the first two cores have now been examined. They included sections of 13.9 metres at 4.85% total rare earths oxides and 11.6 metres at 3.86%.Another 1,000 metres worth of drill cores have been send off for analysis, Rainbow added.'With the historical data we have and these encouraging results, I am optimistic the remaining drill core will ...
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source:Machine Design-Rare earth elements (REEs) such as neodymium and dysprosium are essential for technologies like solar and wind energy, advanced vehicles, and modern electronics like smartphones. They comprise 17 elements in the periodic table—scandium, yttrium, and the 15 lanthanides. Despite their name, the rare earths (except for promethium) are not all that rare and found in relatively high concentrations across the globe. However, because of their geochemical properties and the current geopolitical situaion, they are seldom discovered in easily exploitable deposits. Once mined, it us...
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source:InvestorIntel-In most definitions of rare earths Scandium is included but it is the forgotten relative. Why? This truly is a chicken and egg situation when it comes to supply and demand. Indications are that there is latent demand but a stable, long term supply is needed before companies can commit to a change of production to utilize this element.Global production is estimated to be around 15-20 tonnes annually of scandium oxide which would account for annual sales of under US$100 million. The element number 21 is found in most rare earth and uranium deposits but very little is activel...
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