source：EuronewsBEIJING (Reuters) – The rare earths arm of state-owned China Minmetals Corp on Sunday bought metal and rare earth inventories formerly held by the defunct Fanya Metal Exchange as the sole bidder in online auctions, paying 780.4 million yuan (89.6 million pounds).China Minmetals Rare Earth Cobought three lots of antimony, terbium oxide and dysprosium oxide for starting prices set by the Kunming Intermediate People’s Court, according to the e-commerce site that hosted the auction. The prices paid are below current market value.The Fanya exchange was launched in 2011 in Kunming, in...
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2019
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source：Business StandardThe new Australian government is looking to expand its trade ties with India in areas other than from thermal coal, where it is confident that the demand will remain robust.The country is looking to export lithium for electric vehicles, rare earth for high-tech renewable component, and high-quality coal, said Matthew Canavan, the Australian minister for natural resources.“India and Australia have a strong relationship on the coal side. There could be more direct investments in other directions such as minerals and agri products,” Canavan said in a media roundtable durin...
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2019
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source：Argus MediaCanadian firm Geomega has raised funds to build a demonstration plant in Quebec for recycling rare earth elements from permanent magnets using a new processing technology that creates no acid waste.The project is nearing construction just as manufacturers seek ways to diversify the supply chain for permanent rare earth magnets needed for electronics, electric and conventional vehicles, wind turbines and consumer appliances. China produces over 80pc of the world's rare earth magnets, with Japan supplying most of the balance. The US-China trade war is accelerating the searc...
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2019
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source：Sputnik InternationalThe Steenkampskraal mine, located about 350 kilometres north of Cape Town, South Africa, used to produce thorium, a component of nuclear fuel, in the 1950-60s.South Africa’s Steenkampskraal mine is on course to become hot mining property thanks to the discovery of some of the world's highest-grade deposits of rare earth metals, reports AFP.The mine, located about 350 kilometres north of Cape Town, used to produce thorium, a component of nuclear fuel, in the 1950-60s.Now it has been found to have monazite ore, which contains extremely high-grade rare earth minera...
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2019
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