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source:GlobeNewswire (press release)-VANCOUVER, British Columbia, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) (“Medallion” or the “Company”), pursuing smart production of magnet metals, has engaged international engineering group Stantec to evaluate sites in the United States for its rare-earth element (REE) extraction plant using feedstock sourced from the Southeast United States.Medallion, after many years of testwork and development, has recently completed the design of a proprietary hydrometallurgical process to extract a REE conce...
Release time: 2020 - 01 - 09
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source:Sci-News.comA team of researchers from the U.S. Geological Survey has mapped a rare earth element-bearning deposit in the Mountain Pass region of the eastern Mojave Desert.Rare earth elements (REEs) are a set of 17 chemical elements (atomic numbers 57-71) in the periodic table.They are essential in modern civilian and military applications, health-care and medical devices, and ‘green’ technologies.Although REEs have crustal abundances similar to common industrial-grade metals (e.g., chromium, nickel, copper, zinc, tin, and lead), large economically viable REE deposits are uncommon.Carbo...
Release time: 2020 - 01 - 08
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source:Proactive Investors UKPensana Metals Ltd (ASX:PM8) has appointed Robert Kaplan as chief financial officer (CFO) and company secretary of Pensana Rare Earths Plc ahead of its planned listing on the main Board of the London Stock Exchange next month.The UK plc company is proposing to acquire the ASX-listed entity which will be voted on by shareholders on 15 January 2020.Kaplan previously worked in financial and treasury roles for Petra Diamonds (LON:PDL) where he was involved in mine financing valued at over US$1 billion from multiple sources.Pensana aims to become one of the world’s bigg...
Release time: 2020 - 01 - 07
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source:MINING.com-An international team of researchers published a paper in Science stating that the global low-carbon revolution could be at risk unless new international agreements and governance mechanisms are put in place to ensure a sustainable supply of rare minerals and metals.According to the scientists, the main risk emerges from the fact that global supplies of cobalt, copper, lithium, cadmium, and rare earth elements needed for solar photovoltaics, batteries, electric vehicle motors, wind turbines, fuel cells, and nuclear reactors tend to be heavily monopolized by a single country, ...
Release time: 2020 - 01 - 06
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