source:SMALLCAPSACDC Metals (ASX: ADC) has signed the services of a highly-regarded industry consultant to work with it on its plans for a unique rare earth element (REE) processing plant in Australia.The company is looking to fast-track its local rare earth plans on the back of news that there is a looming bottleneck for a number of highly sought-after rare earths following reports that China is planning to restrict exports.Chief executive officer, Tom Davidson, said ACDC’s upgrade of its rare earth activities comes at a time when Western media is reporting that China has imposed new restrict...
Release time:
2023
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source:INNOVNTION NEWS NETWORKFollowing a deal between British Lithium and Imerys, the UK’s first lithium mine is set to be established in Cornwall.Imerys, the world leader in mineral-based speciality solutions has acquired an 80% stake in British Lithium. With financial support from the UK Government, the two companies plan to combine their expertise to establish the first lithium mine in Cornwall.British Lithium has carried out drilling and exploration on Imerys-owned land in Cornwall since 2017. They have since developed a unique process and pilot plant to produce battery-grade lithium carb...
Release time:
2023
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source:SMALL CAPSVictorian explorer Southern Cross Gold (ASX: SXG) has again extended the known mineralisation at its Sunday Creek old-antimony project after intersecting a new vein.The six drill holes all reported some of the highest grades so far.Hole 067 intersected 0.6m at 161.6 grams per tonne gold equivalent, or 87.6g/t gold and 46.8% antimony, with two higher grade intervals, one returning 54.0% antimony, the other 140.0g/t gold.Most of project core area still to be drilledThe company says the new vein, found west of the Rising Sun area, indicates the prospectivity and opportunity for f...
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2023
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source:Rare earths and specialist mineralsMedallion Resources Ltd (TSX-V:MDL, OTCQB:MLLOF), a junior mineral processing technology company, is addressing the environmental challenges and carbon dioxide burden associated with rare earth element processing.Its innovative chromatography-based technology aims to provide a more efficient and environmentally friendly alternative to the current solvent extraction method.By optimizing the processing of rare earth ores, Medallion aims to meet the increasing demand for these essential elements in the energy transition.Environmental impactRare earth elem...
Release time:
2023
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