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source:REUTERSSTOCKHOLM, June 12 (Reuters) - Swedish mining company LKAB on Monday raised by a quarter its estimate of the size of deposits of rare earth oxides in the Kiruna area of northern Sweden, already Europe's biggest discovery of minerals key to green technologies like electric motors.Resources at the Per Geijer deposit, which is rich in elements used to make permanent magnets, are now estimated at 1.3 million tonnes, up from an earlier estimate of more than 1 million, LKAB said.'In January Per Geijer was already the biggest known deposit in Europe in terms of those materials,&...
Release time: 2023 - 06 - 13
source:SMALLCAPSCygnus Metals (ASX: CY5) has revealed a significant clay-hosted rare earths discovery in Western Australia today, with initial assays from drilling at the Bencubbin project showing the discovery contains a significant percentage of high-value, potential magnet creation rare earths.The company stated that the discovery has “large-scale potential” given that the strong anomaly had already been outlined over 2.3km.The assays revealed significant and consistent high-grade rare earth intersections over the 2.3km, with results including 19m at 1,541ppm total rare earth oxide (TREO), ...
Release time: 2023 - 06 - 12
source:WASTE AND RECYCLINGRare earth recycling company HyProMag, which was formed by researchers from the University of Birmingham’s School of Metallurgy and Materials, is to be acquired by Maginito Ltd, and form the basis for the UK’s first full scale remanufacturing facility for rare earth magnets.HyProMag’s core technology is the based upon the patented process – Hydrogen Processing of Magnet Scrap (HPMS), which was originally developed within the University’s Magnetic Materials Group (MMG) to extract rare earth magnets from scrap and redundant equipment and subsequently licensed to HyProMa...
Release time: 2023 - 06 - 09
source:SMALL CAPSBrazil-focused explorer BBX Minerals (ASX: BBX) has used ternary radiometric imaging and the Th/U factor to define 14 high-priority targets across 19.4 square kilometres of the Ema and Ema East ionic rare earths (iREE) leases in Brazil.Th/U is often employed in identifying preserved regolith profiles which have developed on granites and felsic rocks.The new targets have developed on top of rhyolite and are believed to be similar to deposits in the Guangxi region in southwest China.An elevated radiometric Th/K signature was also observed, indicating leaching of potassium from t...
Release time: 2023 - 06 - 07
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