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source:CBC.caNext week, Cheetah Resources will send a mining fleet out to its Nechalacho project, marking the first time a rare earth mine is being mobilized in Canada, said David Connelly, the company's vice president of corporate affairs. A fleet of graders, haul trucks, bull dozers and a rock crusher will be sent out to the site, approximately 100 kilometres southeast of Yellowknife, roughly equidistant from Lutselk'e.Workers will begin to remove shrubs from the site, near Thor Lake, once they arrive, said Connelly. 'The next stage after that is developing the pit or t...
Release time: 2021 - 03 - 19
source:Seeking AlphaAmerican Resources (NASDAQ:AREC) is moving forward with the commercialization of its rare earth element technology process chain with the building of a 2kW rare earth processing electrolysis facility. AREC +32% premarket to $5.62/share.It will utilize the previously announced acquired technology and patents from Ohio University in addition to its partnership with sponsored research programs and Dr. Gerardine Botte.The design of the initial facility has a total capex of less than $1M and is in the form of a mobile application that can be transported from internal and externa...
Release time: 2021 - 03 - 18
source:LexologyAs demand for critical minerals and rare earths soars due to their importance to future facing technologies and 2050 net zero pledges, 2021 is poised to be a breakout year for critical mineral and rare earth projects in Australia, provided project proponents can source funding and navigate the key bankability issues.At its core the financing of critical mineral and rare earth projects is no different to any other mining or renewables project. The availability, quality and timing of equity will dictate the project structure, debt arrangements and the development timeline. However...
Release time: 2021 - 03 - 17
source:Creamer Media’s Mining WeeklyLondon-listed Rainbow Rare Earths has appointed Australian State-owned mineral sciences and services company ANSTO Minerals to advance the flow sheet process optimisation at the Phalaborwa rare earths project, in South Africa.The completion of ANSTO's project, after which Rainbow will publish a preliminary economic assessment (PEA) or scoping study, is expected to place the company in a strong position to fast-track the project at Phalaborwa, says Rainbow Rare Earths CEO George Bennett.ANSTO has been engaged to perform scouting leach tests on drill sampl...
Release time: 2021 - 03 - 16
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