source:Seeking AlphaAustralia-based Lynas (OTCPK:LYSCF +3.9%) reported positive cash flow and a return to normal production levels for the September quarter after the COVID-related shutdown of its Malaysian operations crippled production for the June quarterPosted a 8.1% rise in neodymium and praseodymium (NdPr) output as production normalized following the easing of coronavirus restrictions in Malaysia and Western Australia. Rare Earth Oxides production reached 4,110 tonnes.Lynas said a NdPr production rate of 75% is enough to meet demand as the coronavirus crisis continues to weigh on demand...
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2020
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source:Global Mining ReviewPensana Rare Earths Plc has provided an update on exploration activity in progress at its new Coola Project adjacent to its advanced stage Longonjo NdPr (the magnet metal rare earths neodymium and praseodymium) Project in Angola.Initial field programmes have commenced to test defined targets prospective for a range of high technology critical commodities including heavy rare earths (HREE), light rare earths (LREE), scandium, niobium, tantalum, hafnium and fluorspar. These commodities are listed as critical by the European Commission and would complement future produc...
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2020
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source:Cornell ChronicleA U.S. Department of Energy agency has awarded $1 million to Cornell researchers, who are using programmed microbes to mine rare-earth minerals used in consumer electronics and advanced renewable energy.This Cornell project develops the concept of biologically – and sustainably – mining rare-earth elements in the U.S.“Biology offers an alternative to the environmentally disgusting way that we now mine and purify rare-earth elements,” said principal investigator Buz Barstow, assistant professor of biological and environmental engineering in the College of Agriculture and...
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2020
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source:Nikkei Asian ReviewBEIJING -- China's top legislature on Saturday passed a law on export control, allowing the government to ban exports of strategic materials and advanced technology to specific foreign companies on its equivalent of the U.S. Department of Commerce's Entity List.'China may take countermeasures against any country or region that abuses export-control measures and poses a threat to China's national security and interests, according to the law,' the official Xinhua News Agency reported.The inclusion of the phrase 'and interests' suggests that t...
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2020
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