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source:International MiningUcore Rare Metals says it has executed a binding share purchase agreement with Innovation Metals Corp and its shareholders that will see it acquire 100% of IMC and its RapidSX? accelerated solvent-extraction-based separation technology.IMC is a privately held Canada-based company that has developed RapidSX for the separation and purification of critical metals including rare earth elements (REEs), lithium, nickel and cobalt. An accelerated solvent-extraction-based separation technology, it has been developed and successfully piloted by IMC.Among other test work, Rapi...
Release time: 2020 - 04 - 29
source:Creamer Media's Mining WeeklyTSX-listed graphite exploration company Focus Graphite has signed a letter of intent (LoI) to sell its 50% interest in the Kwyjibo rare earth elements project to Investissement Québec for C$7.2-million.The project, totalling 116 map-designated claims and covering 6 283.5 ha, is located a few kilometres north of Manitou Lake, about 125 km northeast of Sept-?les, in the C?te-Nord administrative district of Québecclaim block is also located 25 km east of the Québec North Shore and Labrador rail line and is accessible by air from float plane a...
Release time: 2020 - 04 - 28
source:MacauhubThe project to extract rare-earth minerals in Angola is still underway, despite the current state of emergency, in order to ensure that the country will become a supplier in a market dominated by China and Australia.Pensana Rare Earths, the Australian company promoting the first rare-earth mineral project in Longonjo, said that the president of Angola had approved an investment contract, valid for 35 years, for exploration in that area of Huambo province.According to information from Pensana, cited by the website, the license “was granted with attractive tax terms,” ...
Release time: 2020 - 04 - 28
source:xinhuaNANCHANG, April 23 (Xinhua) -- Jiangxi Province, China's base of tungsten and heavy rare earth industries, saw all major production firms fully resume production in March in the sectors.Impacted by the outbreak of COVID-19, tungsten and rare earth enterprises in Jiangxi suspended production for 15 to 20 days in the first two months, when the revenue of tungsten industry stood at 3.12 billion yuan (440.5 million U.S. dollars), down 15.2 percent year on year, and the rare earth industry at 2.25 billion yuan, down 24.3 percent year on year.The provincial department of industry an...
Release time: 2020 - 04 - 24
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