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China Jan-Feb rare earth magnet exports fall 4.2% as virus curbs shipments source:ReutersBEIJING, March 25 (Reuters) - China’s rare earth magnet exports in the first two months of 2020 fell by 4.2% from a year earlier, according to Reuters calculations based on customs data, as the coronavirus outbreak hindered shipments overseas.China is the word’s biggest producer of rare earth magnets, which are widely used in medical devices, consumer electronics and defence. Its rare earths sector was severely disrupted by the coronavirus outbreak, however, with overall rare earth exports down 17.3% ...
Release time: 2020 - 03 - 26
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Greenland Minerals on track to submit updated EIA in early April for Kvanefjeld Projectsource:Proactive Investors AustraliaInternationally reputed specialist consultancies have conducted the additional studies and updated the overarching EIA (environmental impact assessment) document.Greenland Minerals Ltd (ASX:GGG) is continuing to make solid progress on permitting activities for its 100% owned Kvanefjeld Project in Greenland.Kvanefjeld is one of the most advanced rare earth projects globally and is positioned to be a low-cost, long-life producer of key rare earth elements including neodymium...
Release time: 2020 - 03 - 25
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Rare earth trades weakened on week, but 'new infrastructure' to prop up the market in long run source:SMM - Shanghai Metals Market (press release)SHANGHAI, Mar 23 (SMM) – Transactions of medium-to-heavy rare earth oxides, such as dysprosium oxide and terbium oxide, slowed last week with enquiries declining from the prior week. Upstream producers, however, were unwilling to sell at lower prices, and this underpinned prices of medium-to-heavy rare earth. Demand for rare earth may continue to face potential impact from the coronavirus, but costs will lend some support to rare earth pric...
Release time: 2020 - 03 - 24
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Search Minerals’ Greg Andrews on establishing a safe and secure rare earths supply chain in NA source:InvestorIntel“Canada has a very good auto market and as it transitions from internal combustion vehicles to electric vehicles, the supply chain of the EV market is not here in Canada. That needs to be established and it starts with rare earths…That is what we want to provide.” States Greg Andrews, President, CEO and Director of Search Minerals Inc. (TSXV: SMY), in an interview with InvestorIntel’s Peter Clausi at PDAC 2020.Greg went on to say that Search Minerals is drilling for key rare ...
Release time: 2020 - 03 - 23
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