source:EnerCom Inc. (press release) VANCOUVER, Dec. 12, 2019 /CNW/ - Defense Metals Corp. ('Defense Metals') (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for the final two drill holes of the recently completed 2019 resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.Drill hole WI19-30 (-55o dip / 250o azimuth) was drilled to test the northern extension of the Wicheeda REE Deposit and intersected a broad zone of mineralization returning 2.59% Light Rare Earth Oxid...
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source:Mining Global - Mining News, Magazine and WebsiteRare earths miner Lynas has chosen Kalgoorlie in Western Australia for its new cracking and leaching plant; a first step in establishing a critical minerals hub in the Goldfields region.Kalgoorlie was selected from the two shortlisted locations in the Goldfields region following extensive due diligence. Kalgoorlie provides close proximity to the Lynas mine at Mt Weld as well as a skilled workforce and a rich history in the mining and processing industries. Lynas has signed an option to sublease an industrial zoned property from the C...
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2019
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source:Manufacturers' MonthlyA processing plant for rare earth minerals will be built near Kalgoorlie, in Western Australia.Lynas Corporation will build the site, subject to approval processes, and forecasts that 500 construction jobs and 200 ongoing jobs in the region will be created through the project.Minerals will be extracted from Lynas’s Mt Weld mine, which are part of the state’s 29,000 tonnes of rare earths mined in 2018-2019. The WA government values the worth of the materials at $355 million.WA Premier, Mark McGowan, highlighted the economic value local processing could have“This...
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source:ReutersBEIJING (Reuters) - Commodities trading firm Noble Group Holdings Ltd said on Monday its subsidiary Talaxis has signed a memorandum of understanding (MoU) to potentially supply rare earths products to Chinalco Guangxi Nonferrous Rare Earth Development Co Ltd.Under the MoU, Talaxis will supply via sourcing, offtake and tolling of up to 42,000 tonnes of rare earths products, including concentrate and oxide, per year to Chinalco Guangxi, a joint-venture with China’s biggest state-backed aluminum producer Aluminium Corporation of China (Chinalco).Chinalco Guangxi will also help Talax...
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