source:Argus MediaUK-based Less Common Metals (LCM), the only rare earth alloy producer outside China and Japan, has started metal production — closing a gap in the magnet supply chain from separated rare earth oxide to metal to alloy to magnet.'A co-ordinated approach and collaboration between companies and governments is needed for a fully integrated non-Chinese supply chain to be successfully established,' LCM managing director Ian Higgins said.High performance permanent rare earth magnets are critical to the automotive sector, particularly electric vehicles, consumer electronics an...
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source:www.miningmagazine.comThe not-for-profit group has set out to analyse how it can extract REEs from coal deposits and coal tailings facilities.Geoscience BC has released neither information on its financial investment in the project, nor how long its work will take. Officials did say, however, that BC coal deposits could become a viable source for the elements, so its research will include characterising and quantifying the REEs and their mode of occurrence in the East Kootenay deposits, as well as the potential for extraction.To date, little work has been done by anyone in characterisat...
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source:Yahoo FinanceNeed for rare earth materials in high-end product applications will augment growth opportunities, finds Frost & SullivanLONDON, July 23, 2019 /PRNewswire/ -- Frost & Sullivan's latest analysis, Global Rare Earth Materials Market, Forecast to 2025, reveals that a global uptick in infrastructure development and electronic vehicle demand are key factors driving the $5.40 billion global rare earth materials market growth. Growth is augmented by the rise in neodymium magnet, lanthanum, and cerium-based application requirements in countries such as China, Japan, Korea...
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source:Reuters(Reuters) - U.S. President Donald Trump on Monday told the Pentagon to find better ways to procure a rare earth magnet used in specialty motors, warning that the nation’s defense would suffer without adequate stockpiles.Attention is growing on rare earths, an obscure grouping of 17 minerals used to build weapons, consumer electronics and a range of other goods. There are no known substitutes.Trump said that the United States did not have enough capacity to make samarium cobalt rare earth permanent magnets, which can withstand high temperatures and are resistant to corrosion. They...
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