Source:Reuters CanadaTORONTO (Reuters) - Canadian Hudson Resources said on Thursday it is in talks with several parties about potentially partnering on its rare earth mining project in Greenland to take advantage of demand stemming from trade tensions between the U.S. and China. The Vancouver-based company is seeking a partner to advance the Sarfartoq project, which holds neodymium and praseodymium deposits, to capitalize on increased interest in supplies of rare earth elements that do not originate in China, it said in a regulatory filing.As trade tensions between the U.S. and China have esca...
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Source:Washing machines. Cars. Disk drives -- if those are still a thing. The rare-earth minerals that China is threatening to withhold from the U.S. as a trade war escalates are more present in consumer products and manufacturing than people might think. Here are some of the surprisingly common things they’re used to make:The Gasoline in Your CarOil refineries depend on rare-earth elements as catalysts in units called fluid catalytic crackers. In fact, they’re some of the biggest consumers of the stuff. These FCC units basically “crack” apart oil molecules to make gasoline and diesel.Other en...
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Source:Ars TechnicaThis week, two rare-earth mineral-processing companies announced a new joint-venture whose aim will be to establish a rare-earth ore processing plant in Hondo, Texas.Lynas Corp., an Australian rare-earths processor, and Blue Line Corp., a chemical company which is already based in Texas, agreed to a partnership to 'see that US companies have continued access to rare-earth products by offering a US-based source.'Rare-earths minerals are found in consumer electronics, military equipment, electric vehicles, and wind turbines and solar panels. China sees rare-earths meta...
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2019
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Source:The Australian mining firm Lynas says it will join with Blue Line, a US-based rare earths processor, to develop a rare earths separation facility in Hondo, Texas. The new capacity will help build a supply chain outside of China for the elements, which are used in a number of high-tech manufacturing sectors.The announcement comes in the midst of a US-China trade war that has, so far, omitted rare earths in tit-for-tat tariffs. But a visit this week by Chinese president Xi Jinping to one of the world’s largest suppliers was a reminder to US industry and policy makers that China dominates ...
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2019
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