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source:MetalMinerIn a rare example of joined up governmental thinking, the announcement by Pensana Rare Earths that it has submitted a planning application for a $125 million rare earth oxide refining facility. The facility would be near Hull in northeast England and would plug a gap in an ore-to-finished-turbine manufacturing landscape developing rapidly in the U.K.’s northeast.U.K.’s rare-earths-to-turbine supply chainIn November, Innovate UK, a government agency, awarded funding in November to Less Common Metals (LCM), a rare earth alloys producer. The funding is aimed at conducting a feasi...
Release time: 2021 - 01 - 28
source:ChemEngOnlineLynas Rare Earths Ltd. (East Perth, Australia) has entered into an agreement with the United States Government to build a commercial Light Rare Earths separation plant in the United States, through the company’s wholly owned subsidiary, Lynas USA LLC.This collaboration with the Department of Defense is sponsored by the Title III, Defense Production Act program, which sits within the Pentagon’s office of Industrial Policy, and will ultimately be directed by the Office of the Undersecretary for Acquisition and Sustainment.This project is scheduled to be completed in accordanc...
Release time: 2021 - 01 - 26
source:Financial TimesPensana seeks approval for facility to produce oxides vital for the offshore wind sector.Europe’s first rare earth processing plant could be built in Hull to supply the booming offshore wind industry.Pensana Rare Earths has submitted a planning application for the US$125m facility, which will create 100 direct jobs. The company will produce rare earth oxides, which are used to manufacture the powerful magnets that drive the motors of offshore wind turbines and electric vehicles.Paul Atherley, chairman of Pensana, said the company chose Hull because of its port and world-c...
Release time: 2021 - 01 - 25
Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project source:Business WireLITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company”) (OTCQB: REEMF) is pleased to announce that formal notice has been received from the U.S. Department of Energy (“DoE”) that General Atomics, an affiliate of Synchron, the Company’s largest shareholder, along with Rare Element Resources, Inc. (“RER”), a wholly-owned subsidiary of the Company, have been selected to enter negotiations in relation to a financial ...
Release time: 2021 - 01 - 22
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