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source:Proactive Investors USA & CanadaMedallion Resources Ltd (CVE:MDL) (OTCMKTS:MLLOF) announced another step in its development Friday, having raised a total of C$794,874 in a private placing to advance the business. The company is developing a low-cost process to extract rare earth elements by exploiting monazite, a by-product of heavy mineral sands mining.Late last month, the group achieved a major milestone in completing the development of its proprietary flow-sheet design to extract a rare-earth element (REE) concentrate from monazite sand – with advantages in automation and co...
Release time: 2019 - 10 - 15
Sagon’s Cummins Range prospect is already in the top 5 biggest rare earths project in Australia – and it’s just the beginningsource:StockheadSpecial Report: Sagon Resources’ newly acquired Cummins Range project is already in the top 5 rare earths projects in Australia by resource size.In late September, Sagon Resources (ASX:SG1) moved to full ownership of the Cummins Range rare earths project in the Kimberley region of WA.The explorer has already inked a maiden resource of 13 million tonnes grading 1.13 per cent total rare earths oxides (REO), based on historical resource and geological data.T...
Release time: 2019 - 10 - 15
source:Charleston Gazette-MailA 21st century version of alchemy of sorts is underway within the Mountain State’s research facilities and, increasingly, in the field and throughout Appalachia and other parts of the nation.Last year, researchers at West Virginia University opened and began their work at a site at the school’s Energy Institute to extract valuable rare earth materials from an improbable source — acid mine drainage, the acidic outflow of water from coal mining — and convert the materials into technological and economic assets.High-tech products reliant upon rare earth elements incl...
Release time: 2019 - 10 - 14
source:Creamer Media's Mining WeeklyERTH ( – The share price of graphite hopeful Hexagon Resources climbed by more than 5% on Thursday as the Australia-listed company announced plans to venture into downstream rare earths processing in the US.Hexagon has signed a binding investment agreement for an option over a 49% interest in an advanced downstream rare-earth element separation technology developed by US-based Innovation Metals Corporation (IMC).Under the terms of the agreement, Hexagon will invest $2-million into the construction of a commercial demonstration plant, and...
Release time: 2019 - 10 - 11
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