source:proactive Investors Australia-Hexagon Energy Materials Ltd’s (ASX:HXG) partner in the commercialisation of the RapidSX rare earth element (REE) separation technology, Innovation Metals Corp, has entered into an agreement with Ucore Rare Metals Inc (CVE:UCU).Ucore will assess RapidSX’s potential utilisation for the separation of REEs into high-purity REE oxides (REOs) using concentrate material from Ucore’s flagship Bokan-Dotsan Ridge REE Project in Alaska, US.Hexagon’s management team in North America and Australia was instrumental in bringing the parties together and advancing the firs...
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2020
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source:Nikkei Asian Review-TOKYO -- The Japanese government will cooperate with the U.S. and Australia on investing in processing facilities for rare-earth metals, looking to ease reliance on imports from China.Rare earths are essential to such high-tech machinery as motors for electric vehicles. But Japan imports 58% of its supply from China, Tokyo plans to bring the Chinese share down to 50% or less by 2025.Tokyo is discussing a cooperation deal with the U.S. and Australia. Smelting facilities under construction in the U.S. state of Texas that will be operated by Australian rare-earths...
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2020
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source:Green Car CongressRare earth elements (REEs) are vital materials for modern technologies. The US National Energy Technology Laboratory (NETL) is collaborating with the University of Kentucky and their subcontractor Virginia Tech to demonstrate a novel process for the extraction of REEs from coal using plasma.REEs, which represent the 15 elements of the lanthanide series plus scandium and yttrium, are used in the manufacture of smart phones, cars, television screens and defense technologies; windmills and other green energy equipment need these resources to function.The “rare” in rare ea...
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2020
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source:The Epoch Times-A massive critical mineral deposit in San Bernardino County, Calif., could yield $2.5 billion in uranium alone, enough to supply the nation’s needs for the next 16 years, say the miners who own the claims.Aside from uranium, the deposit is rich in 14 other critical minerals—including many rare earth elements (REEs)—said Ron Kliewer, one of five miners who own Sundown Resources, a privately held California-based company.These minerals and REEs are needed to build military weapons and defense systems as well as to develop many other high-tech products on the commercial mar...
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2020
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