Source:International MiningSweden-based miner LKAB says it will invest SEK45 million ($4.8 million) in pilot plants that could see phosphorus and rare earth metals produced from its own mine waste.These plants are part of a prefeasibility study to define a commercial mine waste recycling process, ReeMAP, LKAB President and Group CEO Jan Mostr?m said.The company has made this decision after laboratory tests during 2018 confirmed it could produce more phosphorus and rare earth metals than previously estimated.From LKAB’s iron ore production, a residual product resembling sand is currently placed...
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2019
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02
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22
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Source:Daily NewsThe recent Intergovernmental Panel on Climate Change (IPCC) report on climate change argued that we must cut global emissions in half by 2030 in order to meet the goal of keeping global warming to 1.5 degrees Celsius as agreed to in Paris in 2015 at the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 21). In response to such dire predictions, the world is moving toward renewable and smart technologies at an accelerating pace.Climate solutions, such as solar energy, wind energy and electric vehicles, depend on rare earth elements. The...
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2019
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02
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22
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Source:Small CapsRare earth explorer Pensana Metals (ASX: PM8) has unveiled a “huge upgrade” to its Longonjo resource – propelling the deposit to what the company claims as “top of the world league”.Resources for the Angola project now total 240 million tonnes at 1.60% rare earth oxides (including 0.35% neodymium and praseodymium) for 3.85Mt rare earth oxides and 840,000t of neodymium and praseodymium.Formerly known as Rift Valley Resources, Pensana stated the new resource is a seven-fold increase in tonnage to the maiden resource that was reported in September 2017 of 44.7Mt at 2.5% rare eart...
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2019
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Source:VANCOUVER, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Canada Rare Earth Corp. (“Canada Rare Earth” or the “Company”) (TSX.V: LL) is pleased to announce the three-month extension of the repayment date for $500,000 of the loan provided by Talaxis Limited to April 30, 2019.The extension preserves working capital for the Company (currently over $1,000,000) and continues the right for Talaxis Limited to convert the $500,000 principal at 7.5 cents per unit (a unit is comprised of one share and one-half warrant).In January 2018, Canada Rare Earth entered into a $1.5 million funding ar...
Release time:
2019
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02
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19
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