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source:Yorkshire PostBritish firm Pensana revealed plans in early December to create 100 jobs in Saltend, Hull, with a new processing site for rare earth, one of the key components of the offshore wind and electric vehicle industries.The site would be one of only two such facilities outside of China and could create as much as 500 more jobs in the supply chain.Pensana chairman Paul Atherley said his firm wanted to invest into bringing rare earth processing to the UK.China is currently home to the vast majority of rare earth processing to produce permanent magnets, which are used in all offshor...
Release time: 2020 - 12 - 30
source:Global Mining ReviewThe first results from Pensana Rare Earths’ 7500 km2 Coola Project,16 km north of Longonjo, have reported high tenor soil anomalies up to 4.69% REO extending over the 1.3 x 1.4 km Coola carbonatite.The highest REO values lie over the 3.2 km perimeter of the out-cropping circular carbonatite dyke.The company plans to drill test these defined targets in 2021.Further assay results are expected shortly from soil sampling completed over the Monte Verde alkaline complex.Chief Operating Officer, Dave Hammond, commented: “These high-grade rare earth assays are a great start,...
Release time: 2020 - 12 - 29
source:Green Car CongressEnergy Fuels Inc. entered into a three-year supply agreement with The Chemours Company to acquire a minimum of 2,500 tons per year of natural monazite sands, one of the highest-grade rare earth element (REE) minerals in the world.Energy Fuels expects to process this monazite at its 100%-owned White Mesa Mill starting in Q1-2021, recover the contained uranium, and produce a marketable mixed REE carbonate, representing an important step toward re-establishing a fully-integrated US REE supply chain.Upon a successful ramp-up of this program, Energy Fuels will be the first ...
Release time: 2020 - 12 - 28
source:Mining TechnologyThe Global Palladium Fund (GPF), established by palladium and high-grade nickel producer PJSC MMC Norilsk Nickel, has issued the first tokens to its industrial partners Traxys and Umicore.The issuance of tokens involves metal contracts. The company expects to enable optimisation of supply chain efficiency as well as transparency.GPF is aimed at widening access to the world’s precious, base, as well as rare earth metals and to facilitate the advanced technologies development to ensure responsible sourcing of the natural resources.Nornickel Sales and Distribution vice-pre...
Release time: 2020 - 12 - 25
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