source:Green Car CongressRare earth elements (REEs) are vital materials for modern technologies. The US National Energy Technology Laboratory (NETL) is collaborating with the University of Kentucky and their subcontractor Virginia Tech to demonstrate a novel process for the extraction of REEs from coal using plasma.REEs, which represent the 15 elements of the lanthanide series plus scandium and yttrium, are used in the manufacture of smart phones, cars, television screens and defense technologies; windmills and other green energy equipment need these resources to function.The “rare” in rare ea...
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2020
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source:The Epoch Times-A massive critical mineral deposit in San Bernardino County, Calif., could yield $2.5 billion in uranium alone, enough to supply the nation’s needs for the next 16 years, say the miners who own the claims.Aside from uranium, the deposit is rich in 14 other critical minerals—including many rare earth elements (REEs)—said Ron Kliewer, one of five miners who own Sundown Resources, a privately held California-based company.These minerals and REEs are needed to build military weapons and defense systems as well as to develop many other high-tech products on the commercial mar...
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2020
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source:Proactive Investors Australia-Negotiations are ongoing to secure potential commercial agreements with rare earth producers and advanced project developers.Hexagon Energy Materials Ltd (ASX:HXG) is set to build on a transformative December quarter with development of a commercial demonstration plant for RapidSX? rare earth separation to start early this year.After entering into an option agreement during the quarter to commercialise RapidSX? - an advanced downstream rare earth element separation technology - the company has been positioning itself to develop downstream businesses focused...
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2020
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source:Stockhead-Special Report: Red Mountain has completed the acquisition of the Mt Mansbridge heavy rare earths project and is planning to kick off drilling in the second quarter of 2020.The company made the decision to proceed with the acquisition due to current market conditions, which favour growing demand for critical minerals such as heavy rare earths.Read: Heavy rare earths prices are due some hefty gains in 2020, says LynasConcurrently, Red Mountain Mining (ASX:RMX) has also decided not to proceed with acquiring the Mt Kokeby kaolin project after careful consideration of project and ...
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2020
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