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source:The West AustralianRare earth miner Lynas Corp says it is stockpiling two rare earth metals and limiting sales to its strategic partners because of price volatility amid the US-China trade war and a slowing global economy.Lynas says as of June 30 it had 323 tonnes of the rare earth metals neodymium and praseodymium (NdPr), having produced 1,505 tonnes of NdPr in the three months to June 30.The elements are used to make high-powered magnets for use in such things as turbines, microphones, speakers, hard disks and engines for hybrid cars, and with China producing most of the world's suppl...
Release time: 2019 - 07 - 30
source:Yahoo FinanceAMERICAN FORK, Utah , July 28, 2019 /CNW/ -- On July 22 , President Trump sent five Presidential Determinations to the Secretary of Defense stating that domestic production capabilities for the following are essential for the national defense:Separation and processing of heavy rare earth elements;Separation and processing of light rare earth elements;Rare earth metals and alloys;Samarium cobalt rare earth permanent magnets; andNeodymium iron boron rare earth sintered material and permanent magnetsRare earth mining projects are increasingly being promoted as a way to achieve...
Release time: 2019 - 07 - 29
source:Argus MediaUK-based Less Common Metals (LCM), the only rare earth alloy producer outside China and Japan, has started metal production — closing a gap in the magnet supply chain from separated rare earth oxide to metal to alloy to magnet.'A co-ordinated approach and collaboration between companies and governments is needed for a fully integrated non-Chinese supply chain to be successfully established,' LCM managing director Ian Higgins said.High performance permanent rare earth magnets are critical to the automotive sector, particularly electric vehicles, consumer electronics and wind p...
Release time: 2019 - 07 - 26
source:www.miningmagazine.comThe not-for-profit group has set out to analyse how it can extract REEs from coal deposits and coal tailings facilities.Geoscience BC has released neither information on its financial investment in the project, nor how long its work will take. Officials did say, however, that BC coal deposits could become a viable source for the elements, so its research will include characterising and quantifying the REEs and their mode of occurrence in the East Kootenay deposits, as well as the potential for extraction.To date, little work has been done by anyone in characterisat...
Release time: 2019 - 07 - 25
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