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source:Proactive Investors AustraliaGreenland Minerals Ltd (ASX:GGG) is advancing the Kvanefjeld Rare Earths Project in Greenland, which is the largest undeveloped rare earth deposit globally.Euroz has initiated coverage on GGG with a speculative buy recommendation and a 55 cents per share price target.The broker sees Kvanefjeld as a genuine Tier 1 rare earth project with an incredible mine life and production potential and a simple processing flowsheet.The following is an extract from Euroz’ initiation report:Greenland Minerals Ltd (ASX:GGG) is sitting on the largest undeveloped Rare Earths d...
Release time: 2019 - 12 - 04
source:SMM - Shanghai Metals Market (press release)Prices of rare-earth oxides in China, except for lanthanum oxide and cerium oxide, were in an upward trend last week, supported by improved trades in the spot market. SMM assessments indicated that, as of December 2, dysprosium oxide prices climbed to 1.63-1.65 million yuan/mt, from 1.6-1.62 million yuan/mt last Monday; prices of terbium oxide held stable at 3.4-3.45 million yuan/mt last week and gained 10,000 yuan/mt on Monday December 2. Prices of praseodymium-neodymium oxide, meanwhile, relinquished early gains last week and stood...
Release time: 2019 - 12 - 03
source:RTIndian companies IREL (Erstwhile Indian Rare Earths Ltd) and KABIL (Khanij Bidesh India Ltd) are looking into rare earth elements projects in Russia, according to Russia’s Far East Investment and Export Agency.In a meeting with Indian firms in New Delhi, the Russian delegation presented perspective projects that could be implemented in the remote Far Eastern region and the Arctic zone.“We’re considering mining of lithium and cobalt,” the director of the agency, Leonid Petukhov, said. The official added that the region is keen to secure foreign investment for developing local deposits ...
Release time: 2019 - 12 - 02
source:www.mining-journal.comThe hole returned 83m at 4.43% light rare earth oxide (namely cerium, lanthanum, neodymium, praseodymium and samarium oxides), including 33m at 5.47% LREO.'This drill result, in addition to those from previously released holes, clearly illustrates the potential to expand the Wicheeda REE deposit,' CEO and president Craig Taylor said.The company has the option to earn 100% of Wicheeda, which has an 11.37 million tonne inferred resources averaging 1.96% light rare earth elements.It took a 30 tonne bulk sample earlier this year, with final metallurgical test results l...
Release time: 2019 - 11 - 29
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