Source:Yahoo Singapore NewsPresident Trump's tariffs on rare-earth metals from China should have been a boon to the only US rare-earth minerals mine in California. But a recent Wall Street Journal article illustrates that, given the complex nature of the global economy, those tariffs have actually put the Mountain Pass mine in a tough place.A hedge fund recently bought Mountain Pass out of bankruptcy after several companies attempted to turn a profit from it. Six months later, the WSJ wrote, Trump announced tariffs that should have helped the mine supply more domestic rare-earths at a high...
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2018
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Source:In a series of talks that took place within the COP24 summit in Katowice, Poland, defenders of the circular economy highlighted the importance of including mining of rare earth metals into their discussions.Based on a research document focused on the Netherlands and prepared by consulting and venture building firm Metabolic, the experts agreed that resources are the missing link in the climate debate. In their view, this is a mistake because rare earth metals are needed to build enough solar panels and wind turbines to meet the Paris Climate Agreement targets.In detail, the report found...
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2018
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Source:December 10 (Renewables Now) - Global consumption of rare earths is expected to exceed 130 kt in 2018, according to a new report by metals and minerals market research company Roskill.The rare earth elements (REEs) represent a suite of 15 elements known as the lanthanides and include yttrium, which are naturally concentrated together during geological processes and are inherently extracted as a package. Rare earths are used in a variety of high-tech and advanced material applications, typically offering increased efficiency and performance compared to alternatives. Lanthanum-based ...
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2018
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Source:Mining ReviewIt has successfully transformed from a development project into Africa’s only producing rare earths mine, CEO Martin Eales tells Sascha Solomons.One of the world’s richest rare earth deposits, Gakara, is located in Burundi, roughly 20 km south-southeast of Bujumbura and covers a combined area of about 39 km2.The company was granted a mining licence in March 2015 which is valid for 25 years and renewable after that.The company is benefiting from an increase in demand for rare earth magnets, the most efficient of all the varieties required for electric vehicles, smartphones, ...
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2018
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