source：The North West StarThe John Campbell Miles drill core storage facility in Mount Isa will play a key role in a new state government funding initiative to find the minerals of the future.Global demand is set to soar for cobalt and rare earth minerals needed for wind turbines, generators and batteries and copper needed for electric cars and the North West is rich in these new economy minerals.Minister for Natural Resources, Mines and Energy Dr Anthony Lynham paid a visit to the facility near Mount Isa Airport on Tuesday during the two-day cabinet meeting in town and said it would play a ro...
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2019
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source：yahooVANCOUVER , Nov. 20, 2019 /CNW/ - Defense Metals Corp. ('Defense Metals') (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for an additional three holes from the recently completed 2019 resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada .Drill hole WI19-25 (-45o dip / 185o azimuth), drilled to define the southern margin of the Wicheeda REE Deposit returned two higher grade intervals; an upper zone that assayed 3.87% Light Rare Earth Oxide (LREO; being cerium,...
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2019
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source：RIDE by Kelley Blue BookMost electric motors use rare earth magnets, which are not only expensive but require environmentally-damaging mining practices to produce. Advanced Electric Machines (AEM), a company formed for the singular purpose of redefining automotive and aerospace propulsion, recently won the coveted, Collaborate To Innovate award in the automotive sector for its new High Density Switched Reluctance Motor, or HDSRM, which doesn’t use magnets or copper.DC Electric motors use rare earth magnets, the construction of which is bad for the environment.They also require copper wi...
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2019
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source：SMM - Shanghai Metals Market (press release)SHANGHAI, Nov 18 (SMM) – Prices of dysprosium oxide across Chinese markets rose 30,000 yuan/mt last week to 1.55-1.57 million yuan/mt, as demand slightly recovered.This came despite an easing in tightness in raw material supply following the recovery of imports of mixed rare earth carbonate ore from Myanmar, as recyclers and traders controlled limited supply and major producers held their offers firm.Eased supply concerns and weak demand knocked prices of dysprosium oxide to the lowest in about six months at 1.5-1.53 million yuan/mt in early N...
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2019
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