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source:Mining ReviewMaginito has invested an initial £300,000 for a 25% interest in HyProMag and has an option to invest a further £1 million to increase its interest up to 49%.Maginito is 75.5% owned by Mkango, which is completing a Feasibility Study for the Songwe Hill rare earths project in Malawi, and 24.5% owned by Talaxis, a wholly owned subsidiary of Noble Group focused on technology metals investment and development.Read more mining in East AfricaMaginito is a related party of Mkango, Talaxis and Noble.Consistent with Maginito's strategy focused on downstream opportunities relatin...
Release time: 2020 - 01 - 13
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source:Mirage News-Canada and the United States share a mutual interest in improving critical mineral security and ensuring the future competitiveness of Canadian and U.S. minerals industries.Canada and the United States share a mutual interest in improving critical mineral security and ensuring the future competitiveness of Canadian and U.S. minerals industries. Collaboration in this area could attract investment to Canadian exploration and mining projects, as well as spur job creation and economic growth in various downstream industries.Today, Canada and the U.S. announced they have finalize...
Release time: 2020 - 01 - 10
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source:GlobeNewswire (press release)-VANCOUVER, British Columbia, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) (“Medallion” or the “Company”), pursuing smart production of magnet metals, has engaged international engineering group Stantec to evaluate sites in the United States for its rare-earth element (REE) extraction plant using feedstock sourced from the Southeast United States.Medallion, after many years of testwork and development, has recently completed the design of a proprietary hydrometallurgical process to extract a REE conce...
Release time: 2020 - 01 - 09
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source:Sci-News.comA team of researchers from the U.S. Geological Survey has mapped a rare earth element-bearning deposit in the Mountain Pass region of the eastern Mojave Desert.Rare earth elements (REEs) are a set of 17 chemical elements (atomic numbers 57-71) in the periodic table.They are essential in modern civilian and military applications, health-care and medical devices, and ‘green’ technologies.Although REEs have crustal abundances similar to common industrial-grade metals (e.g., chromium, nickel, copper, zinc, tin, and lead), large economically viable REE deposits are uncommon.Carbo...
Release time: 2020 - 01 - 08
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