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source:MINING.comEnergy Fuels (NYSE: UUUU; TSX: EFR) has entered into a three-year supply agreement with The Chemours Company (NYSE: CC) to acquire a minimum of 2,500 tonnes per year of natural monazite sands, one of the highest-grade rare earth element (REE) minerals in the world.The company expects to process this monazite at its 100%-owned White Mesa Mill in Utah starting in Q1-2021, recover the contained uranium, and produce a marketable mixed REE carbonate.SIGN UP FOR THE MINING NEWS DIGESTUpon a successful ramp-up of the program, Energy Fuels will be the first US company in several years...
Release time: 2020 - 12 - 15
source:InvestorIntelAppia Energy Corp. (CSE: API | OTCQB: APAAF) is a company focused on strategic minerals in Canada, specifically uranium and rare earths. The company has a high-grade rare earths project at Alces Lake and is also targeting uranium in three additional properties, all of which are located in the Athabasca Basin in northern Saskatchewan. In addition, the company has uranium (and associated rare earths) in a property near the town of Elliot Lake, Ontario. Thirteen underground mines on this property produced approximately 360 million pounds of U3O8 from 1955-1996.After a very suc...
Release time: 2020 - 12 - 14
source:NewswiseThe U.S. Department of Energy’s (DOE’s) Critical Materials Institute has developed a low-cost, high performance permanent magnet by drawing inspiration from an out-of-this-world source: iron-nickel alloys in meteorites. The magnet rivals widely used “Alnico” magnets in magnetic strength and has the potential to fill a strong demand for rare-earth- and cobalt-free magnets in the market.   Here on earth, the strongest permanent magnets are ones containing the rare earth element neodymium – NdFeB magnets. Next strongest are Samarium-Cobalt, or SmCo magnets. Before rare-ea...
Release time: 2020 - 12 - 11
source:Argus MediaAustralian companies are continuing their efforts to broaden the global rare earths supply chain.Lynas Rare Earths — recently renamed from Lynas Corporation to more accurately reflect its core business — remains by far the best-known entity through its mining operations in Australia and processing facilities in Malaysia, given that it is the only large rare earth oxide producer outside China and a critical supply source for Japan's magnet industry. Lynas is spending around A$400mn ($292mn) on a cracking and leaching plant at Kalgoorlie in Western Australia. This will proc...
Release time: 2020 - 12 - 10
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