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Exploring the rich potential of copper and rare earth elements: A deep dive into Rincon Resources’ West Arunta project source:Innovation news workRincon Resources’ exploration of Australia’s newest critical mineral province, the West Arunta Region, has yielded highly promising results thus far.Rincon Resources is an Australian minerals exploration company with a keen eye on Western Australia’s mineral-rich landscapes, where it has set its sights on unlocking the untapped potential for big copper and rare earth element (REE) deposits.Boasting a portfolio of highly prospective projects, Rin...
Release time: 2024 - 02 - 27
source:MiningRare earth elements (REE) are used in the high-strength magnets found in new technologies such as smartphones, wind turbines, electric vehicles, and defence systems. Despite their name, REEs are not rare, although finding secure sources of supply is becoming increasingly important to countries, particularly given China's dominance of the sector.Yet in 2023, REE prices tumbled. The price (in China) of praseodymium oxide — one of the most widely used rare earth elements — fell 34% over the year, while terbium oxide and neodymium oxide each dropped to their lowest levels last mon...
Release time: 2024 - 02 - 26
University team is studying ways to purify rare earth elements necessary for smart phones and other technological devicessource:NEVADA TodaySmart phones. Permanent magnets. Guidance systems. Lasers. Medical imaging.Many of the high-tech tools we use in our everyday lives rely on rare earth elements due to their desirable magnetic, luminescent and electrical properties. With the demand for rare earths at an all-time high, being able to efficiently extract and process them is of high importance to manufacturers.Enter Chemical & Materials Engineering (CME) Associate Professor David Cantu, CME...
Release time: 2024 - 02 - 23
source:Mining Technologyltona Rare Earths, a UK-listed mining exploration company, has announced its intention to explore non-rare earth critical raw materials across various African countries.The decision comes as the company’s board of directors conducted a comprehensive review of corporate strategy, concluding that diversification is a timely step.As a result, Altona is setting its sights on other critical raw materials such as copper, lithium and niobium.It is evaluating new prospects, prioritising projects that offer a road to early results, majority ownership, as well as that support low...
Release time: 2024 - 02 - 23
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