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 ea...
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2020
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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 ...
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2020
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source：Creamer Media's Mining WeeklyPrecious metals miner Polymetal will buy a 9.1% stake for $20-million in ThreeArc Mining – a company that owns the Tomtor niobium and rare-earth element (REE) project (Tomtor), in north-west Yakutia, Russia.The acquisition provides Polymetal with a 'high-quality exposure to the electric vehicle (EV) revolution” by establishing a strategic beachhead in the niobium and REE markets, CEO Vitaly Nesis said on Thursday.“Our capital injection and our engineering expertise will be key in driving the project forward. We intend to consider any further potentia...
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source：Yahoo FinanceLAKEWOOD, CO, March 18, 2020 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) ('Energy Fuels' or the 'Company'), a leading uranium producer in the U.S., is pleased to announce that it will host an investor webcast at 9:00 a.m. ET on Friday, March 20, 2020. Energy Fuels' Senior Management invites investors and other stakeholders to join our webcast to discuss the following topics:FY-2019 financial results;The status of U.S. government efforts to support domestic uranium miners, including the proposed creation of a U.S. uranium reserve;Proa...
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2020
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