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source:Small CapsRareX (ASX: REE) will top up its cash reserves via a “strongly supported” $3 million placement, with proceeds to be used to advance its Western Australian rare earth element projects.The company has received firm commitments from institutional, professional and sophisticated investors to raise the $3 million via the issue of 30 million shares at $0.10 each.RareX directors are also participating in the placement by collectively subscribing for $90,000-worth of shares.Canaccord Genuity (Australia) acted as the sole lead manager and bookrunner.RareX managing director Jeremy Robin...
Release time: 2020 - 11 - 13
American Rare Earths establishes first JORC resource estimate of 128.2 million tonnes at La Paz with upside potential source:Proactive Investors AustraliaLa Paz is a large tonnage, bulk deposit comprising high-value, light rare earth assemblage with the potential to be the largest, rare earth project in North America.American Rare Earths Ltd (ASX:ARR) has established a first JORC-compliant resource estimate of 128.2 million tonnes at 373.4 ppm total rare earth elements (TREE) at La Paz Rare Earth Project in Arizona, USA.This makes La Paz potentially the largest rare earths project in Nort...
Release time: 2020 - 11 - 12
source:GlobeNewswireVANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY) (“Search” or the “Company”) and USA Rare Earth, LLC (“USA Rare Earth”) are pleased to announce that they have entered into a Technical Collaboration Framework Agreement (“Collaboration Agreement”) to govern initial cooperation between USA Rare Earth and Search in a number of important areas of mutual interest.Search holds patented Direct Extraction Process technology and owns 100% of a Critical Rare Earth Element District in SE Labrador, Canada. USA Rare Earth is establishing an ...
Release time: 2020 - 11 - 11
source:Penn State NewsPenn State has entered a memorandum of understanding (MOU) with the Colorado School of Mines to establish a collaboration designed to be responsive in supporting the United States’ need for critical minerals.Minerals are part of virtually every product manufactured in the modern global economy. Critical minerals are those with exceptional economic importance and are found in most electronics today. New technologies are increasingly reliant on specific critical minerals not widely used a few decades ago. Many of these critical minerals are imported and their supply chain i...
Release time: 2020 - 11 - 10
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