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source:Florida PoliticsNew research at Florida Polytechnic University could produce new sources of rare earth elements that aid in the production of high-tech goods like electric cars.The research comes from the Florida Industrial and Phosphate Research Institute (FIPR) within Florida Poly. The institute is partnering with the Critical Materials Corporation in Jacksonville.FIPR and CMC signed a three-year, $876,000 agreement to initiate the partnership on Nov. 1, 2019.“We are pleased at the opportunity to work closely with CMC and FIPR, which both have decades of practical experience and exten...
Release time: 2019 - 11 - 07
source:InvestorIntel-On October 2, 2019, Hochschild Mining PLC (LSE: HOC) announced it had bought the BioLantanidos Ionic Rare Earth Clay Project in Chile for an additional $56.3 million to achieve 100% ownership (previously $2.5 million for a 6.2% project share). The question and challenge for Hochschild Mining is have they bitten off more than they can chew?Hochschild Mining is a leading British-based silver and gold mining business operating in North, Central and South America. Hochschild is headquartered in Lima Peru with a corporate office in London. The main shareholder is Peruvian busin...
Release time: 2019 - 11 - 01
source:The Conversation UK-To understand the resources of the near future, geologists need to understand the volcanoes of the distant past. Exploration of ancient magma chambers in places such as Greenland has the potential to provide new sources of the rare metals that underpin modern green technologies.Many rare metals – such as neodymium, niobium and dysprosium – essential to the production of wind turbines and electric cars, are mined from fossil volcanoes.Volcanoes are nature’s way of bringing material from deep within the earth up to the surface. Melting processes within the mantle – the...
Release time: 2019 - 10 - 31
source:Proactive Investors UKRainbow's Gakara project is one of the highest grading rare earths operations in the world.Rainbow Rare Earths Ltd (LON:RBW) shipped a further 100 tonnes of concentrate grading at around 56% total rare earth oxides (TREO) in October, as demand for the company’s product remains strong.Additional shipments of concentrate from Rainbow’s Gakara project in Burundi are due for processing in the coming weeks.Significantly, the shipments of TREO contain very low levels of radioactive material, a common issue in rare earth shipments from many other operations. The concentra...
Release time: 2019 - 10 - 30
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