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source:Morningstar(Alliance News) - Rainbow Rare Earths Ltd said on Monday it is 'optimistic' following recent drilling results from drilling at Kiyenzi in Burundi.Guernsey-based Rainbow in October shipped off cores from the site for testing, and the first two cores have now been examined. They included sections of 13.9 metres at 4.85% total rare earths oxides and 11.6 metres at 3.86%.Another 1,000 metres worth of drill cores have been send off for analysis, Rainbow added.'With the historical data we have and these encouraging results, I am optimistic the remaining drill core will yield equall...
Release time: 2019 - 11 - 27
source:Machine Design-Rare earth elements (REEs) such as neodymium and dysprosium are essential for technologies like solar and wind energy, advanced vehicles, and modern electronics like smartphones. They comprise 17 elements in the periodic table—scandium, yttrium, and the 15 lanthanides. Despite their name, the rare earths (except for promethium) are not all that rare and found in relatively high concentrations across the globe. However, because of their geochemical properties and the current geopolitical situaion, they are seldom discovered in easily exploitable deposits. Once mined, it us...
Release time: 2019 - 11 - 26
source:InvestorIntel-In most definitions of rare earths Scandium is included but it is the forgotten relative. Why? This truly is a chicken and egg situation when it comes to supply and demand. Indications are that there is latent demand but a stable, long term supply is needed before companies can commit to a change of production to utilize this element.Global production is estimated to be around 15-20 tonnes annually of scandium oxide which would account for annual sales of under US$100 million. The element number 21 is found in most rare earth and uranium deposits but very little is activel...
Release time: 2019 - 11 - 25
source:The North West StarThe John Campbell Miles drill core storage facility in Mount Isa will play a key role in a new state government funding initiative to find the minerals of the future.Global demand is set to soar for cobalt and rare earth minerals needed for wind turbines, generators and batteries and copper needed for electric cars and the North West is rich in these new economy minerals.Minister for Natural Resources, Mines and Energy Dr Anthony Lynham paid a visit to the facility near Mount Isa Airport on Tuesday during the two-day cabinet meeting in town and said it would play a ro...
Release time: 2019 - 11 - 22
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