Source：Fox BusinessAn official with MP Materials, the only rare earth mining and processing site in North America, told FOX Business he doesn’t foresee the Trump administration Opens a New Window. taking control of the mine.“I really don’t think it’s a realistic consideration because by the time that happens, we are already profitable, we’re producing,” MP Materials co-chairman James Litinsky said during an exclusive interview on 'Countdown to the Closing Bell Opens a New Window. .' “Why would they just sign a contract like they do with Lockheed Martin or Boeing or anybody?”In 20...
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source：Reuters China Minmetals Rare Earth, one of the country’s largest rare earth miners, has begun construction of a new mining project in the central province of Hunan, the company said on Tuesday.The project in Jianghua county is expected to begin production in February 2020, with estimated output of 1,800 tonnes a year of rare earth oxides, China Minmetals told Reuters by email.The deposit has ore reserves of 104,300 tonnes, according to the company website.Prices of rare earths, a group of 17 elements used in a wide-range of products from lasers and military equipment to consu...
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Source:CBS NewsThis blog post by 60 Minutes' Kevin Livelli, one of the producers who reported on rare earth elements this week, was originally published on March 22, 2015:Not long ago, if you had stopped me on the street and told me there was an interesting 60 Minutes story to be told about the lanthanide series of rare earth elements, I would have said you're crazy.To begin with, who's ever heard of them? And even if you did manage to find them on that obscure bottom rung of the Periodic Table, you'd hit another hurdle -- how to pronounce them. They have names only Dr. Seuss m...
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Source:PHOENIX Rising trade tensions between the U.S. and China have sparked worries about the 17 exotic-sounding rare earth minerals needed for high-tech products like robotics, drones and electric cars. China recently raised tariffs to 25% on rare earth exports to the U.S. and has threatened to halt exports altogether after the Trump administration raised tariffs on Chinese products and blacklisted telecommunications giant Huawei. With names like europium, scandium and ytterbium, the bulk of rare earth minerals are extracted from mines in China, where lower wages and lax envir...
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