source：Global Mining ReviewThe first results from Pensana Rare Earths’ 7500 km2 Coola Project,16 km north of Longonjo, have reported high tenor soil anomalies up to 4.69% REO extending over the 1.3 x 1.4 km Coola carbonatite.The highest REO values lie over the 3.2 km perimeter of the out-cropping circular carbonatite dyke.The company plans to drill test these defined targets in 2021.Further assay results are expected shortly from soil sampling completed over the Monte Verde alkaline complex.Chief Operating Officer, Dave Hammond, commented: “These high-grade rare earth assays are a great start,...
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2020
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source：Green Car CongressEnergy Fuels Inc. entered into a three-year supply agreement with The Chemours Company to acquire a minimum of 2,500 tons per year of natural monazite sands, one of the highest-grade rare earth element (REE) minerals in the world.Energy Fuels expects to process this monazite at its 100%-owned White Mesa Mill starting in Q1-2021, recover the contained uranium, and produce a marketable mixed REE carbonate, representing an important step toward re-establishing a fully-integrated US REE supply chain.Upon a successful ramp-up of this program, Energy Fuels will be the first ...
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2020
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source：Mining TechnologyThe Global Palladium Fund (GPF), established by palladium and high-grade nickel producer PJSC MMC Norilsk Nickel, has issued the first tokens to its industrial partners Traxys and Umicore.The issuance of tokens involves metal contracts. The company expects to enable optimisation of supply chain efficiency as well as transparency.GPF is aimed at widening access to the world’s precious, base, as well as rare earth metals and to facilitate the advanced technologies development to ensure responsible sourcing of the natural resources.Nornickel Sales and Distribution vice-pre...
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2020
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source：The Market HeraldRareX (REE) is set to acquire Talaxis Group's entire stake in Canada Rare Earth Corporation (CREC), a TSX-listed rare earths companyRareX will pay Talaxis an option fee of $50,000 to acquire over 24.7 million shares in CREC at C$0.04 (roughly A$0.041)This translates to an acquisition price of around C$991,186 (roughly A$1.02 million)CREC is considered an industry expert in global rare earths and building and operating rare earth refineriesUltimately, the companies will explore refining options for concentrates produced from RareX's Cummins Range project in WACom...
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2020
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