Source:Special report: Pensana in Chinese means “giant rock” and that’s exactly what the junior explorer is optimistic it has at its neodymium-praseodymium (NdPr) project in Angola.NdPr is used in the manufacture of high-strength permanent magnets that are used in the automotive industry for electric components such as seats, mirrors, wipers, steering and braking, as well as in the traction motors of hybrid and electric vehicles.Pensana’s (ASX:PM8) “Longonjo” project already has a resource of 11.6 million tonnes at 4.3 per cent rare earth oxides (REO), with a good composition of NdPr at around...
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Source:Oct. 29 (UPI) -- A company based in Japan might have transferred rare earth extraction technology to North Korea before it disbanded in 2007, according to a Japanese press report.The Sankei Shimbun reported Monday the trading firm was based in Tokyo and was established under the General Association of Korean Residents in Japan, or Chongryon.The firm, International Trading, may have worked with a Korean-Japanese scientist at Tokyo University of Technology to transfer know-how to North Korea through a "merged business."The company was founded in 1987 and disbanded 20 years later...
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2018
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Source:The company is spearheading a campaign to reduce capital costs for its flagship project.Greenland Minerals and Energy Limited (ASX:GGG) (FRA:G7P) (OTCMKTS:GDLNF) managing director Dr John Mair has described the company’s large Kvanefjeld magnet metals project in in the Danish territory as having a “simple processing path.”Mair, who was speaking at last week’s Greenland Day Perth, is advancing a company agenda to reduce capital costs for its wholly-owned project, as part of a multi-disciplinary team.READ: Greenland Minerals reduces Kvanefjeld costs, optimises civil engineering designGree...
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2018
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Source:Proactive Investors AustraliaPeak Resources Ltd (ASX:PEK) securities have gained 6% after the company revealed it was making “good progress” towards the development of its 75%-owned Ngualla Rare Earth Project in Tanzania.The company said it had received all the permitting and planning permissions it needed for its Teesside rare earth refinery in the UK, which is near a deepwater port.A British refineryAustralian-headquartered Peak picked up an environmental permit for the company’s planned rare earth separation refinery from the United Kingdom’s Environment Agency — part of the governme...
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2018
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