source：StockheadRare earths newcomer Australian Strategic Materials (ASX:ASM) has had a rousing welcome on its first day of listed life following its demerger from Alkane Resources (ASX:ALK).Shares in the company closed up 12 per cent to $1.40 from its opening price of $1.25 per share, giving Alkane shareholders – who were issued one ASM share for every five Alkane shares they held – a substantial bonus.While the company did not raise any funds for its listing, it starts life with $20m in the bank and no debt thanks to the largess of its parent.Australian Strategic’s Dubbo project is a large i...
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2020
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source：The Market HeraldIonic Rare Earths (IXR) has mobilised a second drill at its Makuutu Rare Earths Project in UgandaThe company is in the middle of a 3700-metre phase two drill program to test the site’s 26-kilometre-long mineralisation corridorSo far, Ionic has drilled 393 metres across 22 holes, with notable intercepts including 4.4 metres at 981 parts per million total rare earth oxidesThe overall aim is to increase the site’s resource estimate, which currently sits at 78.6 million tonnes at 840 parts per million in total rare earth oxidesIonic Rare Earths shares are in the grey in ear...
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2020
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source：Recycling TodayGeomega Resources Inc., Montreal, and USA Rare Earth LLC, New York, say they have signed a letter of intent (LOI) to recycle rare earth-containing production waste from USA Rare Earth’s future production of sintered neodymium iron boron (NdFeB) permanent magnets (in the United States. USA Rare Earth is the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas.Geomega and USA Rare Earth say they will negotiate mutually acceptable commercial terms, including the possibility of a license agreement to develop a recycling...
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2020
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source：ShareCastPensana Rare Earths announced the engagement of Paradigm Project Management as the owner's representative for the Longonjo NdPr Project in Angola on Monday, monitoring the on-ground development of the project on its behalf.The London and Sydney-listed company said Paradigm would bring an “Afri-centric” engineering capacity to the team, and would coordinate the bankable feasibility study and deliver the front-end engineering design for Longonjo's power, water and waste services, offices, workshops, camp infrastructure and off-mine facilities, including the rail and port ...
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2020
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