source:ChemEngOnlineNeo Performance Materials (Toronto, Ontario, Canada) and Energy Fuels Inc. (Lakewood, Colo.) announced a new rare-earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States. Energy Fuels will process the monazite sands into a mixed rare-earth carbonate (RE Carbonate) in Utah for use as feed material for Neo’s value-added separated rare earth production plant in Europe....
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2021
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source:Kitco NEWS Local media sources reported that Russia, which has lost its leading position in the rare and rare earth metals (RM-REE) market as an aftermath of the collapse of the USSR, is ready to return to the ranks of the world's largest producers of critical and 'green' energy metals.According to Kommersant, Russia’s leading business news outlet, the details of recently revealed roadmap of the program, jointly developed by the Ministry of Industry and Trade and the state nuclear corporation Rosatom, indicate that Russian state-owned and state-controlled corporations a...
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2021
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source:Chemical&Engineering NewsOntario-based Neo Performance Materials and Utah’s Energy Fuels have joined forces on a Western supply chain for rare earths. In December, Energy Fuels said it would start processing monazite sands, which are rich in neodymium and praseodymium, mined by Chemours in Southeast Georgia. Neo will further process rare earth carbonate extracted from the sand at its separation plant in Sillamäe, Estonia, for use in rare earth magnets and other advanced materials.
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2021
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source:BloombergRare earth miners and uranium producers are reaping rewards from the flood of money pouring into electrification and environmental, social and governance investing themes.Lithium producers have been more traditional beneficiaries of EV and the green energy push. But more recently, rare earth producers have also started to garner investors attention amid enthusiasm about electric vehicles.Shares of MP Materials Corp., the largest U.S. based miner of rare earths, is up more than fourfold since Biden won the election four months ago, compared with an 86% gain in VanEck Vectors Rar...
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2021
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