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source:WHTC News(Reuters) - Rare earth producer Lynas Corp said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for.The 'Phase 1' funding forms part of a concerted effort by Washington to reduce the United States' reliance on China as the world's largest producer of the strategic minerals used to make missiles, cell phones to a ranger of other high-tech equipment.Lynas, the largest rare earth producer outside China, expects to fini...
Release time: 2020 - 07 - 27
viewed:2
source:Creamer Media’s Mining WeeklyThe US Department of Defense has resumed funding for two projects to process rare earth minerals for military weapons after a review found the grants are in the best interest of the US government, according to documents seen by Reuters.The Pentagon on April 22 awarded Australia’s Lynas and privately held MP Materials funding for rare earths separation facilities in Texas and California, respectively. Those decisions were put on hold on April 29, the Pentagon said, pending “further research'.Reuters reported in late April that a Chinese company’s minority...
Release time: 2020 - 07 - 24
viewed:0
source:AZoMining.comUSA Rare Earth, LLC reports that it will be supporting operations at its Round Top Heavy Rare Earth and Critical Mineral Project in Hudspeth County, West Texas, wholly powered by renewable energy.USA Rare Earth is the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas in collaboration with Texas Mineral Resources Corp.West Texas has been acknowledged as one of the finest locations in the world for solar power production. In a year, Hudspeth County records 292 days of sunshine, with an average of sunshine of around 1...
Release time: 2020 - 07 - 23
viewed:1
source:Cabin RadioRare earths like neodymium and praseodymium are used in a range of energy-efficient products, such as the magnets in the motors that power electric vehicles.Vital Metals says preparation of its Nechalacho site, on Thor Lake, will start in September and October then continue in the first three months of next year.Vital says mining operations are expected to begin in April 2021, with work at a rare-earth extraction facility beginning in October 2021.Geoff Atkins, the company’s managing director, last year told Cabin Radio he intended to create “a small-scale demonstration plant...
Release time: 2020 - 07 - 22
viewed:1
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