source：Investing News Network (blog)Australia-listed diversified explorer Vital Metals is switching gears to focus on rare earths exploration in Canada and Tanzania.Capitalizing on the growing global appetite for rare earths, diversified explorer Vital Metals (ASX:VML) is switching gears to focus on rare earths exploration in Canada and Tanzania.In order to facilitate this shift, Vital will acquire private Luxembourg-based Cheetah Resources, a rare earths company founded by ex-Lynas (ASX:LYC,OTC Pink:LYSCF) management.Rare earths have been dominating the news cycle lately on the back of fears ...
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2019
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06
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27
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source：Euronews EnglishBEIJING (Reuters) – A unit of China Nonferrous Metal Mining Group (CNMC) said on Monday it had signed a non-binding memorandum with Singapore-listed ISR Capital that could see the Chinese firm work as a contractor on a rare earths project in Madagascar with rights to purchase products.China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd said in a filing to the Shenzhen stock exchange it had priority rights to be the engineering, procurement and construction (EPC) contractor for ISR’s Tantalus rare earths project, the memorandum of understanding s...
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2019
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06
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source：Australian MiningLynas Corp has updated its 2025 growth plans, detailing a positive outlook on the rare earths market and regulatory issues in Malaysia.The shareholder update emphasised the boom of rare earths in response to “global macroeconomic issues”, including the United States-China trade war that led to increased interest in Australian companies as the US looks to diversify supply sources.It also reported that despite short term increases in the market, including prices for neodymium-praseodymium (NdPr) increasing by 40 per cent over the past 60 days, the company “remains focusse...
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2019
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06
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source：Journalducameroun.com - EnglishZimbabwe is sitting on huge reserves of rare-earth minerals that could easily be the second largest in the world after China, President Emmerson Mnangagwa said on Sunday.In an interview with an international news agency, Mnangagwa said the exact extent of the deposits is not yet known but that he has been informed that they were large enough to compete against China’s endowment of the same minerals.China is said to hold about 30 percent of the world’s total reserves of rare-earth minerals, a much sought-after raw material in the production of electronics, ...
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2019
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06
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24
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