Source:Proactive Investors UKRainbow continues to believe in the prospects for the Gakara Project and is confident that investment in new mining machinery and new pits will serve as the foundation for a sustainable and profitable operationRainbow Rare Earths Ltd (LON:RBW) has secured a new funding agreement with its major shareholder, Pella Ventures.Pella has given Rainbow an unsecured 12-month 15% loan of US$700,000 to support the rare earth element mining company’s development and operations.The company said it expects to achieve cash-flow break-even in the second quarter of the next financi...
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2019
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Source:Nanowerk(Nanowerk Spotlight) Despite their name, rare earth elements, which are all metals, actually are not that rare. But while they aren't necessarily tricky to find, the elements often occur together and are extremely difficult to separate and extract.Abundant in mines around the world, rare earth elements are a group of chemical elements that occur together in the periodic table. The group consists of yttrium and the 15 lanthanide elements (lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytte...
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2019
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Source:JSTOR DailyRenewable power technologies such as wind and solar are becoming economically competitive with fossil fuels. As ecological need and economic reality converge, renewables are going to make up an increasingly large percentage of the world’s power supply. It’s a necessary technological transition. But at the same time, renewables have a downside that needs to be addressed: rare earth elements.According to environmental attorney Christopher “Smitty” Smith, rare earth elements are used in virtually all electronics. This includes solar panels, which require rare earth metals such a...
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2019
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Source:E-Scrap NewsA major OEM, a reverse logistics firm and a hard drive manufacturer are recovering rare earth magnets from end-of-life hard drives and shipping the metals for new hard drive production.Dell is working with hard drive manufacturer Seagate and ITAD firm Teleplan on a pilot project that is feeding recovered magnets into thousands of new hard drives. The companies announced the early results of the project last month.“In the initial pilot program, Dell Technologies will use the reformed magnets in 25,000 Seagate hard drives for their Latitude 5000 series laptop,” which will begi...
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2019
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