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source:CNBCOn the 50th anniversary of the Apollo 11 mission to the moon, the leader of the National Aeronautics and Space Administration gave his predictions for the future of the space industry and how it could be a lucrative enterprise much sooner than most investors think.NASA Administrator Jim Bridenstine said, for example, that harvesting rare-earth metals from the surface of the moon will be possible in “this century.”“There could be tons and tons of platinum group metals on the moon, rare-earth metals, which are tremendously valuable on Earth,” Bridenstine told CNBC’s “Squawk Alley” on ...
Release time: 2019 - 07 - 19
viewed:1
source:Proactive Investors UKThe company increased its landholding at the Mt Clere Rare Earth Project from 403 to 556 square kilometres.Krakatoa Resources Ltd (ASX:KTA) has made a new exploration licence application immediately next to its Mt Clere Rare Earth Project in Western Australia.The new tenement application secures a total of 556 square kilometres over prospective drainages in WA’s Gascoyne region, increasing the company’s holding by a further 153 square kilometres.Raised capital to go towards exploration activitiesA share placement announced in June has also been completed, issuing a...
Release time: 2019 - 07 - 16
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source:RTThe Pentagon has been looking into US miners’ capabilities to produce rare earth metals, according to Reuters. It comes after Beijing signaled it may restrict exports of the vital materials amid the trade war with Washington.The US military has asked miners to come up with plans to develop domestic rare earths mines and processing facilities, an exclusive report, which cites a government document, said. At the same time the Pentagon asked the miners to detail their demand for rare earths.The Pentagon wants a quick response from the manufacturers and gave them just a few weeks, until t...
Release time: 2019 - 07 - 15
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source:Kalkine MediaKrakatoa Resources Limited (ASX: KTA) has only 135 million shares on issue and is trading at 1.9c – Is there a high leverage investment opportunity to see through?Recently, the company acquired highly prospective Mt Clere Rare Earth Project, located around 200km northwest of Meekatharra in Western Australia, containing multiple targets, including REE and thorium in enriched monazite sands. Monazite concentrates can comprise up to 70% Rear Earth Element (REE) including, primarily cerium (Ce) and lanthanum (La) with substantial concentrations of samarium (Sm), neodymium (Nd),...
Release time: 2019 - 07 - 12
viewed:1
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