source:Proactive Investors USA&CanadaAddition of the Laramie Rare Earths Project in Wyoming reflects the company’s long-term strategy to build market leadership in the sector amid the declaration of critical metals as strategic to the USA’s economic future.American Rare Earths Ltd (ASX:ARR) has amended the share purchase agreement with Zenith Minerals Ltd (ASX:ZNC) (FRA:ZCB) to acquire 100% of Zenith’s wholly-owned Laramie Rare Earth Elements (REE) Project in Wyoming, USA.The parties have revised the completion date for the acquisition to June 30, 2021, from December 31, 2020, due to delay...
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2020
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source:Kitco NEWSVital Metals (ASX: VML) announced on Monday that it has entered into a binding term sheet that sets out the in-principle terms for an offtake and profit-sharing agreement in respect of raw material from the Nechalacho mine between the company and REEtec.According to the company’s statement, REEtec is a Norwegian company that has developed a completely new and potentially game changing process for the separation of high purity rare earth elements. The process combines high efficiency and a competitive cost structure with best in class environmental friendliness.Managing Directo...
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2020
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Geologists discover new path to rare earth mineral formation – implications for green energy and tech industries source:India Education DiaryResearchers from Trinity have shed new light on the formation mechanisms of a rare earth-bearing mineral that is in increasingly high demand across the globe for its use in the green energy and tech industries.Their discovery has important economic implications because there are no substitute alternatives to these rare earth elements (REEs), which are indispensable due to their ability to form small and very powerful magnets essential for smart devic...
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2020
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source:EurekAlertResearchers from Trinity College Dublin have shed new light on the formation mechanisms of a rare earth-bearing mineral that is in increasingly high demand across the globe for its use in the green energy and tech industries.Their discovery has important economic implications because there are no substitute alternatives to these rare earth elements (REEs), which are indispensable due to their ability to form small and very powerful magnets essential for smart devices and low-carbon energy generation (e.g., electronics, wind turbines, hybrid cars).Most REEs are exploited in car...
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2020
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