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America's National Security Blind Spot: Uranium and Rare Earth Element Production source:PR Newswire UKReliance on foreign and malign sources for critical materials is a national security risk. Though the United States is by far the largest consumer of uranium in the world, the country imports nearly 100% its uranium, much from state-owned foreign sources, strangling domestic suppliers and creating a hazardous situation for the U.S. supply chain and electrical grid. Many Americans may well know of the country's near-100% dependence on China for critical rare earth elements. Howeve...
Release time: 2020 - 04 - 22
source:Argus MediaFor wind turbines, demand is expected to rise for structural materials such as concrete, steel, plastic, glass, aluminium, chromium, copper, iron, manganese, molybdenum, nickel and zinc. Consumption of technology-specific materials such as rare-earth elements and minor metals will also grow.The EU onshore wind sector will see the biggest increase in demand, especially for rare earths dysprosium, neodymium, praseodymium and terbium, which are used in permanent magnet-based turbines.In the high-demand scenario, EU consumption of these rare earths could increase sixfold between ...
Release time: 2020 - 04 - 21
Global Rare Earth Metal Market 2020:Quantitative Analysis By Alkane Resources Ltd; ARAFURA RESOURCES; Lynas Corporation Ltd; Avalon Rare Metals; Canada Rare Earth Corporation source:Science In MeGlobal rare earth metal market is expected to rise to an estimated value of USD 17.49 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the high industrial growth being experienced from various end-use industries.The scope of this rare earth metal market report extends from market scenarios to comparative pricing bet...
Release time: 2020 - 04 - 20
source:Streetwise ReportsIn a news release, Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.American) announced that it plans to process rare earth elements (REEs) ore at its White Mesa Mill, not mine or produce REEs, while continuing its primary business of uranium mining and production.The company decided to enter the REE space after spending several months reviewing, testing and discussing the prospect with various technical experts and the U.S. government, the latter of which desires a domestic source of the REEs needed for national defense.Energy Fuels believes it can turn its White Mesa Mill, a co...
Release time: 2020 - 04 - 17
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