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source:MacauhubThe project to extract rare-earth minerals in Angola is still underway, despite the current state of emergency, in order to ensure that the country will become a supplier in a market dominated by China and Australia.Pensana Rare Earths, the Australian company promoting the first rare-earth mineral project in Longonjo, said that the president of Angola had approved an investment contract, valid for 35 years, for exploration in that area of Huambo province.According to information from Pensana, cited by the website, the license “was granted with attractive tax terms,” ...
Release time: 2020 - 04 - 28
source:xinhuaNANCHANG, April 23 (Xinhua) -- Jiangxi Province, China's base of tungsten and heavy rare earth industries, saw all major production firms fully resume production in March in the sectors.Impacted by the outbreak of COVID-19, tungsten and rare earth enterprises in Jiangxi suspended production for 15 to 20 days in the first two months, when the revenue of tungsten industry stood at 3.12 billion yuan (440.5 million U.S. dollars), down 15.2 percent year on year, and the rare earth industry at 2.25 billion yuan, down 24.3 percent year on year.The provincial department of industry and in...
Release time: 2020 - 04 - 24
source:Argus MediaThe US defence department is on track to build the first heavy rare earth separation plant outside China in decades, after awarding the tender for phase 1 planning and design work to Australian rare earth producer Lynas.The location of the project has not been disclosed but is likely to be Texas — Lynas entered into a joint venture in May last year with US rare earth separation company Blue Line, which bought an industrial site in Hondo, Texas. Lynas was widely regarded as the strongest contender for the tender as it already produces around 8pc of global supply of light rare ...
Release time: 2020 - 04 - 24
America's National Security Blind Spot: Uranium and Rare Earth Element Production source:PR Newswire UKReliance on foreign and malign sources for critical materials is a national security risk. Though the United States is by far the largest consumer of uranium in the world, the country imports nearly 100% its uranium, much from state-owned foreign sources, strangling domestic suppliers and creating a hazardous situation for the U.S. supply chain and electrical grid. Many Americans may well know of the country's near-100% dependence on China for critical rare earth elements. However, most ...
Release time: 2020 - 04 - 22
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