source:Reuters* Mining quota at 132,000 T, smelting and separation at 127,000 T* Annual quotas for 2019 are highest volumes ever allocated* Beijing had raised prospect of limiting supply in U.S. trade row* Quotas have been released unusually late in the year (Adds analyst and association official comment, milestone)By Tom DalyBEIJING, Nov 8 (Reuters) - China lifted its annual rare earth output quotas on Friday by 10% to record-high levels for 2019, potentially easing fears the world’s dominant producer of the group of 17 prized minerals will restrict supply.Beijing in late May raised the prosp...
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2019
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source:InvestorIntelNote from the Publisher: Rest of the World (ROW) is often utilized in rare earths discussion to the market, not including China.“Innovation Metals (IMC) is a private Canadian company. We have been working for some time now on the development of a proprietary separation and purification process that we call RapidSX?. We started working with rare earth elements and some other technology metals with that. It is an accelerated form of solvent extraction (SX) which is the primary process used in the industry for rare earth separation and combines the benefits of the chemistry of...
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2019
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source:Florida PoliticsNew research at Florida Polytechnic University could produce new sources of rare earth elements that aid in the production of high-tech goods like electric cars.The research comes from the Florida Industrial and Phosphate Research Institute (FIPR) within Florida Poly. The institute is partnering with the Critical Materials Corporation in Jacksonville.FIPR and CMC signed a three-year, $876,000 agreement to initiate the partnership on Nov. 1, 2019.“We are pleased at the opportunity to work closely with CMC and FIPR, which both have decades of practical experience and exten...
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2019
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source:InvestorIntel-On October 2, 2019, Hochschild Mining PLC (LSE: HOC) announced it had bought the BioLantanidos Ionic Rare Earth Clay Project in Chile for an additional $56.3 million to achieve 100% ownership (previously $2.5 million for a 6.2% project share). The question and challenge for Hochschild Mining is have they bitten off more than they can chew?Hochschild Mining is a leading British-based silver and gold mining business operating in North, Central and South America. Hochschild is headquartered in Lima Peru with a corporate office in London. The main shareholder is Peruvian busin...
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2019
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