Source:The determination and patience of a small group of investors will eventually see the reopening of the Steenkampskraal mine in the Northern Cape to mine one of the world’s largest reserves of rare earth minerals. No more than five private shareholders have stuck with their vision for nearly 20 years, and have contributed millions in capital and loans to keep the opportunity alive.These investors hold the major interest in Steenkampskraal Holdings Limited (SHL), which owns 74% of Steenkampskraal Monazite Mine (Pty) Ltd. The balance of 26% has been placed in a trust for the mine’s employee...
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2019
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Source:Australian MiningLynas is bringing mergers and acquisitions (M&A) focus in rare earths to the forefront despite rejecting Wesfarmers’ $1.5 billion takeover bid at a time when the price for dysprosium has shown “seriously positive moves”.Dysprosium price has shot up more than 20 per cent while the price of terbium has also seen slight upward moves since February 2019, according to miner Northern Minerals.The emerging dysprosium producer believes this uptick points to a growing rare earth sector, though the Lynas takeover offer “does not suggest [Northern Minerals] is a takeover targe...
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2019
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Source:GlobeNewswireNew York, NY, April 16, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Rare Earth Metals Market by Product (Cerium, Lanthanum, Neodymium, Praseodymium, and Others) and by Application (Catalyst, Magnets, Ceramics, Metallurgy, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”....
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2019
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Source:CleanTechnicaThe term “rare earth element” has a specific meaning to scientists. Most people focus on the word “rare” and assume it means the 17 so-called rare earth elements are just that — rare. In fact, some of them are more abundant than copper.What makes them rare often has more to do with the relatively few places around the world where they can be found and the difficulty of separating them from other elements in commercially viable quantities. In today’s world, political considerations can also impact the availability of rare earth elements.For instance, much of...
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2019
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