Source:Investing News NetworkThe agreement will see USA Rare Earth, a privately held US and Australian investment group, contribute up to $10 million towards the project through two tranches.The first, consisting of $2.5 million, will go towards finishing optimization of separation and purification processes for the different elements found in the deposit. The second tranche will entail USA Rare Earth spending $7.5 million to fund a bankable feasibility study (BFS).Once the BFS is complete, the firm will earn a 70-percent interest in Round Top, and will then gain the option to earn an extra 10...
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Source:Phys.OrgModern technology depends on a set of 17 elements at the foot of the periodic table. Known as rare earths (REs), many of these metals are highly magnetic, and find use in computing, green power and other technologies. However, because of rising prices, legal issues and the difficulty of mining, safeguarding their supply is a major scientific and political challenge.Several REs, such as yttrium (Y) and europium (Eu), are used as phosphors in fluorescent lamps (FLs). These lamps increasingly replace traditional incandescent lighting, but have a limited lifespan. End-of-life FLs ar...
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Source:Laser Focus World Fiber laser manufacturer AdValue Photonics (Tucson, AZ) has been selected by the American Ceramic Society (ACerS; Westerville, OH) as the winner of its 2018 Corporate Technical Achievement Award for the company's highly rare-earth doped silicate glass fibers. The award recognizes the development of this technology and its application in making innovative fiber lasers by AdValue Photonics.This AcerS award "recognizes a single outstanding technical achievement made by an ACerS corporate member in the field of ceramics. The achiev...
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Source:Japan TodayLONDON/HOUSTONThe Chinese government is limiting domestic production of rare earth minerals in the second half of the year, a move likely to crimp international exports and send prices for the critical materials higher, according to data from Adamas Intelligence.China is by far the world's largest producer and consumer of rare earths, a group of 17 elements used to make electric vehicles and consumer electronics. The move is already forcing manufacturers to scour the globe for alternative supplies.For the second half of 2018, China's quota for rare earth separation an...
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