Molycorp CEO Mark Smith spoke with the New York Times this week about, what else, China, adding his opinion to the legions who have dissected the country’s pesky rare earth export quotas. Everybody seems to be relaxed because the year-on-year number for 2011 versus 2010 is basically the same amount of materials, roughly 30,000 tons of export
Continue reading "The global race to break China's REE stranglehold" »
July 29, 2011 (Source: NYTimes) -- At first glance, many analysts cheered Chinas announcement earlier this month that it would allow another 15,738 metric tons of rare earth material exports, bringing the years total to roughly 30,000. Think again, says the man responsible for one of the worlds most lauded mining projects, meant to lead the world
Continue reading "China Still Strangling Rare Earths Market, Says Molycorp CEO" »
July 29, 2011 (Source: NASDAQ) -- Japanese imports of rare earths from China fell 13 percent in June to 1,386 tonnes as a rise in prices made it unaffordable to many Japanese hi-tech companies. According to the ministry of finance data, this is the second month-on-month drop in a row. As Western buyers of the all-important metallic
Continue reading "Rising Rare Earth Prices Cripple Japan's June Imports" »
July 25, 2011 (Source: Shanghai Daily) -- Chinas rare earth enterprises are busy upgrading production equipment and installing environmental protection systems to meet higher environmental standards set by the country, the China Securities Journal reported on Friday.The Ministry of Environmental Protection issued a statement in April, saying the country will launch a string of environmental checks for
Continue reading "China's rare earth companies eager to pass environmental checks" »
July 29, 2011 (Source: Arafura) -- Highlights Whyalla Rare Earths Complex site secured. EIS guidelines released for Whyalla Rare Earths Complex. Work ongoing. Scope for Nolans Project Bankable Feasibility Study expanded. Price for Nolans Rare Earth Oxide mix surpasses US$208/kg. A key Technology Program work stream successfully completed. Major drill program continues at Nolans Discussions with target
Continue reading "Quarterly Cashflow and Activities Report" »
Rare metal prices are having an impact on demand out of China. Reuters reports that Japan’s imports of rare earths from China fell almost 13% in June from May to their lowest level since February and a second month-on-month drop in a row, according to Finance Ministry data. Japan’s June imports of rare earth from China stood
Continue reading "Soaring rare metal prices hitting exports out of China" »
July 29, 2011 (Source: China Daily) -- Chinas rare earth enterprises are busy upgrading production equipment and installing environmental protection systems to meet higher environmental standards set by the country, the China Securities Journal reported on Friday. The Ministry of Environmental Protection issued a statement in April, saying the country will launch a string of environmental checks
Continue reading "China's rare earth companies eager to pass environmental checks" »
July 29, 2011 (Source: Arafura) -- Australian rare earths company Arafura Resources Limited (ASX: ARU) (Arafura or the Company) today acknowledges recent favourable industry analysis and commentary in regards to both Arafura and the Rare Earths industry. The Company is pleased to provide a summary. A recently published research note by Resource Capital Research (RCR) highlights the
Continue reading "Industry Commentary and Rare Earth Quotas" »
Unlocking cars is scary enough, but this is merely the antechamber of a very deep and menacing rabbit hole. Over the last few years, GSM has become a commodity that can be used by almost anyone. It’s not just cars that use telephony as a control network: there are 3G security cameras, traffic control systems, home automation
Continue reading "Our GSM World." »
July 28, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) announces that the first phase of the summer field program on Matamecs HREE-Y-Zr Zeus property is completed. Analytical results will drive a second exploration phase later in the summer and fall. The goals of this program were to explore for extensions of the
Continue reading "Matamec Extends its Kipawa Deposit" »
July 28, 2011 (Source: Businesswire) -- Molycorp, Inc. (NYSE: MCP), the Western hemispheres only producer of rare earth oxides (REO) and the largest REO producer outside of China, today announced that one of its major supply contracts has been modified to allow for a higher maximum price to be paid to Molycorp for the lanthanum it manufactures
Continue reading "Major Molycorp Rare Earth Supply Contract is Modified to Better Reflect Current Pricing" »
July 28, 2011 (Source: Krucible) -- HIGHLIGHTS R.C. percussion drilling at Garnet (15km South of Cannington Mine) has returned encouraging blind Copper/Gold sulphide mineralisation associated with a strong magnetic anomaly. Recent gravity survey shows overlapping mag/gravity features – prospective for massive sulphides and further drilling is planned Geochemical and gravity surveys at Cowie Mag (12km NW of
Continue reading "Quarterly Activities Report" »
July 28, 2011 (Source: The Australian) --Alkane Resources (ALK) $2; Lynas Corporation (LYC) $2.09RARE-EARTHS wonder Lynas has reminded punters that, according to an independent panel, its contentious processing plant in Kuantan, Malaysia will be safe and fully compliant with international standards when its commissioned later this year. But the real revelation in Lynass second-quarter activity report is
Continue reading "Mineral sands look sexier by the day as Lynas pushes ahead in Malaysia" »
July 28, 2011 (Source: Sydney Morning Herald) -- LYNAS Corporation will submit safety plans for its Malaysian rare-earths processing plant by next month, as it races to gain government and regulatory approval to operate by the end of the year. The safety plan, dealing with the long-term storage of radioactive waste produced by the plant, being built
Continue reading "Lynas Safety Plan for Rare Earths" »
July 28, 2011 (Source: Arafura) -- HIGHLIGHTS: Substantial new shallow rare earths mineralisation encountered at Nolans Bore; The best mineralised intercepts include: 143 metres @ 3.6% REO, 19.8% P2O5 and 0.56 lb/t U3O8 from 23 metres in NBRC900 27 metres @ 4.1% REO, 25.6% P2O5 and 0.58 lb/t U3O8 from 58 metres in NBRC899 19 metres @
Continue reading "Arafura Discovers More Rare Earths at Nolans Bore" »
July 28, 2011 (Source: Alkane) -- DUBBO PROJECT - TWO MOU’s SIGNED Memorandum of Understanding (MOU) signed with a leadinginternational chemical company and a leading trading company toproduce zirconium oxychloride (ZOC) from a new joint venture facility,using DZP zirconium chemical intermediate feed. MOU signed with Australian company, Mintech Chemical IndustriesPty Ltd (Mintech), for a joint venture to
Continue reading "Quarterly Report to 30 June 2011" »
July 28, 2011 (Source: newswire) -- LAKEWOOD, CO,July 27, 2011/CNW/ -Rare Element Resources Ltd. (TSX: RES) and (NYSE-AMEX: REE)(the Company) today announced a very positive development from the Natural Resources Committee of the U.S. House of Representatives and the official opening of Rare Elements new office in Lakewood, Colorado, USA. National Strategic and Critical Minerals Policy Act
Continue reading "Rare Element Applauds U.S. House Committee Passage of Strategic Resources Bill and moves office to Lakewood, Colorado, USA" »
Luisa Moreno, a senior analyst with Toronto-based Jacob Securities, doesn’t pull punches. In a wide-ranging interview about the REE sector,The Critical Metals Reportasked her if the Japanese discovery of REES on the floor of the Pacific ocean would have any near-term impact on the sector. “The media entertained the idea as though it could be a viable
Continue reading "Thinking about metallurgy, capital costs and consolidation" »
July 28, 2011 (Source: Reuters) -- Japans imports of rare earths fromChinafell nearly 13 percent in June from May to their lowest level since February and a second month-on-month drop in a row, ministry of finance data showed on Thursday, as the price of the metal surged. Japanese imports of rare earths from China stood at 1,386
Continue reading "Japan June rare earth imports from China down 13 pct m/m" »
July 28, 2011 (Source: ITCSD) -- China’s recent announcement that it would further tighten its rare earths export quotas came as a surprise to trading partners, as the move came on the heels of a WTO decision finding that similar restrictions on raw materials violate trade rules. Meanwhile, China is still debating whether to appeal the raw
Continue reading "Tensions Build over Chinese Rare Earth Quotas" »
More than half a metre of rain has fallen in the Seoul region since late Tuesday, the weather bureau said, in the heaviest deluge for July since 1907. Power outages hit Seoul again today, including a cut in a business district, but the financial services industry and market trading were not affected. Three countries dominate product production
Continue reading "Another Red Flag From East Asia." »
Housekeeping time. It’s quarterly report season on the Australian Securities Exchange and the 900 or so listed resources companies will be filing updates - and no human being can possibly sift through them all in reasonable time. Over the next few days, I’ll be posting summaries of quarterlies and any other announcements. Brevity is essential: but the
Continue reading "Down Under REE update #1" »
July 27, 2011 -- Arafura wishes to advise of a series of planned changes to the Board. These form part of the company’s Board Refresh Program which commenced with the appointment of Mr Chris Tonkin as a non-executive director earlier in 2011.The Refresh Program is designed to continue to equip the Arafura Board with the necessary skills
Continue reading "Arafura Board Announcement: Board Refresh Program" »
July 27, 2011 (Source: PR Newswire) -- Pele Mountain Resources Inc. (TSXV: GEM) (OTCQX: GOLDF) (Pele or the Company) announced today that Roger Payne, P.Eng., has accepted an appointment to serve as Executive Vice-President of Pele, effective immediately. Mr. Payne has more than 40 years of professional engineering experience in Europe, Africa, and the Americas, including nearly
Continue reading "Roger Payne Named Executive Vice-President at Pele Mountain" »
July 27, 2011 (Source: Marketwire) -- BE Resources Inc. (the Company) (TSX VENTURE:BER) announces that as a result of errors of a typographical nature found in the table of rare earth assay results set out in its news release of July 25, 2011, none of which are material or affect the TREO values, the Company is issuing
Continue reading "BE Resources Inc. Releases Corrected Rare Earth Assay Results from Drilling Program at the Warm Springs Beryllium & Rare Earth Project" »
July 27, 2011 (Source: techcrunch) -- Prices for rare earth elements have gone through the roof in recent years, with China basically monopolizing the market for these rare substances (the country currently produces a whopping 97 percent of all rare earths used globally). But in the field of electric vehicles, the dependence on rare earths could be
Continue reading "Japanese Professor Shows Rare Earth-Free Electric Car (Video)" »
July 27, 2011 (Source: Marketwire) --Heavy Rare Earth Oxide Enrichment Encountered in Niobium Zone VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 27, 2011) -Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3) (Quantum, the Company) is pleased to announce results for the first of five drill holes from the spring/summer 2011 exploration program at the Elk Creek Niobium – REE Project,
Continue reading "Quantum Rare Earth Developments Intercepts 54.13 M of 1.17% Nb2O5 in Nebraska Drilling" »
July 27, 2011 (Source: ABN Newswire) -- Avalon Rare Metals Inc. (TSE:AVL) (AMEX:AVL) announced today that it has filed a preliminary prospectus supplement under its final base shelf prospectus dated May 4, 2011 with the securities regulators in each of the provinces and territories of Canada, other than Québec, and with the U.S. Securities and Exchange Commission
Continue reading "Avalon Rare Metals Inc. (TSE:AVL) Announces Proposed Public Offering of Common Shares" »
July 27, 2011 (Source: Marketwire) -- Great Western Minerals Group (GWMG) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce that it has contracted DRA Mineral Projects (Pty) Ltd. (DRA) of South Africa, a company with a strong track record of utilizing world class standards, for the detailed design of the Steenkampskraal processing plant. DRA is a multi-disciplinary, multi-national organization
Continue reading "Great Western Minerals Group Selects Steenkampskraal Rare Earth Processing Plant Detailed Design Team" »
It’s taken about 18 months, but Rara Terra Minerals Corp. has put the initial claims together and is now keen to find the REEs that lie beneath the surface. “We started out as a capital pool company; we did our qualifying transaction (in May) with the Lonnie property in B.C. After that, we acquired another property (Xeno)
Continue reading "Rara Terra raring to kick off fall exploration program" »
The average car in Britain travels around 20 miles a day, a distance that most modern electric cars can sustain for almost a week without needing to charge. And most car owners have access to off-street parking (70% apparently) – and therefore are able to charge at home, at night. Most cars wont need to charge, most
Continue reading "As Goes Great Britain..." »
July 26, 2011 (Source: Marketwire) -- Avalon Rare Metals Inc. (TSX:AVL)(NYSE Amex:AVL) (Avalon or the Company) announced today that it has filed a preliminary prospectus supplement under its final base shelf prospectus dated May 4, 2011 with the securities regulators in each of the provinces and territories of Canada, other than Québec, and with the U.S. Securities
Continue reading "Avalon Rare Metals Inc. Announces Proposed Public Offering of Common Shares" »
July 26, 2011 (Source: Denver Post) -- Molycorp, the Greenwood Village- based producer of rare-earth oxides, on Monday awarded a engineering, procurement and construction contract to KBR to build a Chlor-Alkali plant as part its $781 million expansion and modernization at its flagship facility at Mountain Pass, Calif. The Chlor-Alkali facility will allow Molycorp to recycle virtually
Continue reading "KBR wins contract to build Molycorp plant." »
July 26, 2011 (Source: NASDAQ) -- BE Resources Inc. (BER.V) is down 55 cents or nearly 75% at 20 cents and has touched 15.5 cents (compared to a year low 5.5 cents) after releasing orrected Rare Earth assay results from its drilling program at the Warm Springs Beryllium Rare Earth Project. Yesterday, BER announced that it was
Continue reading "BE Resources Down Nearly 75% as Releases Corrected Rare Earth Assay Results" »
July 25, 2011 (Source: CNN) -- TheWorld Trade Organization’s Dispute Settlement Bodydeclared last weekthat Chinas restrictionsof its rare earth exports violate the promises it signed when it joined the WTO.But the rare earth dispute, which began in the summer of 2009, is not just about China. Two years ago, various Western countries appealed to the WTO about
Continue reading "The Secrets and Shortcomings of China's Mammoth Rare Earth Industry" »
July 25, 2011 (Source: Reuters) -- Great Western Minerals (GWG.V: Quote) is teaming up with a Chinese rare earth producer to build a rare earth processing plant in South Africa, the company said on Monday. The separation plant, a joint venture with Ganzhou Qiandong Rare Earth Group Ltd, will be built close to Great Westerns Steenkampskraal mine
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July 26, 2011 (Source: Marketwire) -- NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Montero Mining and Exploration Ltd. (TSX VENTURE:MON) (Montero) is pleased to announce that in connection with its previously announced private placement on July 5, 2011, it has increased the size of the offering to approximately 9,666,666 units (the
Continue reading "Montero Announces Increase of Offering Up to $5.8 Million" »
Cash is king and that’s what Alkane Resources secured Tuesday by signing its second memorandum of understanding since May to produce zirconium oxychloride (ZOC). Alkane will now work with Australia-based Mintech Chemical Industries to produce and treat 10,000 tonnes to 12,000 tonnes of ZOC each year from its Dubbo Zirconia Project (DZP), which is located in New
Continue reading "Another lucrative JV for Alkane's Dubbo Zirconia Project" »
The money for rebates, which will be smaller than in the past, comes from vehicle registration fees and smog abatement fees, so the programs exact budget will depend on the amount of revenue collected. As goes California, so goes America, as goes America, so goes the world, goes the adage. What America does today, the UK and
Continue reading "As Goes California,....." »
It’s the sort of thingany companydreads - making a mistake in a stock exchange announcement. When that mistake has caused the stock to rise by 782 per cent, then your heart has to go out to those involved. Especially as the “spectacular” REE grades weren’t after all. Such is the predicament in which BE Resources (TSX.V:BER) finds
Continue reading "Mathematical errors blamed for wrong assay results " »
July 26, 2011 (Source: Alkane Resources) -- DUBBO ZIRCONIA PROJECT (DZP) - Second MOU Alkane Resources Ltd has signed a Memorandum of Understanding (MOU) with Australia’s Mintech Chemical Industries Pty Ltd (Mintech) for a joint venture to produce zirconium oxychloride (ZOC) at its existing plant at East Rockingham, Western Australia. The joint venture will undertake a scoping
Continue reading "Alkane Signs MOU with Mintech for DZP Zirconium Valued at US$40-48M pa" »
July 2011 (Source: Marketwire) -- BE Resources Inc. (TSX VENTURE:BER) (the Company) announces that it is re-releasing rare earth assay results to correct the figures disseminated on Friday, July 22, 2011. The rare earth assay results set out in the Companys news release of Friday, July 22, 2011 contained mathematical errors that occurred in the process of
Continue reading "BE Resources Inc. Releases Corrected Rare Earth Assay Results from Drilling Program at the Warm Springs Beryllium & Rare Earth Project" »
July 25, 2011 (Source: The Newswire) -- Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V:CAY) (Cache) is pleased to announce that an exploration program of approximately three months has commenced at the Cross Hills Properties near the Burin Peninsula in western Newfoundland. Dr. David Lentz, P. Geo., is a Qualified Person as defined
Continue reading "Cache Commences Cross Hills Exploration Program" »
July 25, 2011 (Source: Business Wire) -- Molycorp, Inc. (NYSE: MCP), the Western hemispheres only producer of rare earth oxides (REO) and the largest REO producer outside of China, today announced that its Board of Directors has elected to declare a cash dividend on outstanding shares of its 5.50% Series A mandatory convertible preferred stock in an
Continue reading "Molycorp Declares Preferred Dividends" »
July 25, 2011 (Source: Marketwire) -- Great Western Minerals Group (GWMG) (TSX VENTURE:GWG)(OTCQX:GWMGF) is pleased to announce that it has negotiated a Heads of Terms with Ganzhou Qiandong Rare Earth Group Ltd. (GQD) of China to build a Rare Earth separation plant in South Africa, located in proximity to GWMGs Steenkampskraal operation. The Heads of Terms agreement
Continue reading "Great Western Minerals Group Signs Groundbreaking Heads of Terms to Build Rare Earth Separation Plant in South Africa" »
Michael Berry, at Discovery Investing, says REEs have taken on a life of their own; the world’s outright dependence on Chinese supply has prompted representatives at the highest level of world governments to look at ways to loosen China’s stranglehold on this market. “The deposits that will ultimately succeed will be located in stable geopolitical jurisdictions with
Continue reading "Focus on 'the heavies' as the US pushes for REE revitalization" »
Well, I found another enlight ening series on science and engineering, this one -- a radio series (with slide deck) that tells stories from the frontiers of engineering.. This radio series, under the banner Engineers of the New Millennium, was developed IEEE Spectrum Radio as in partnership with the National Science Foundation. The series explores the possibilities
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The energy harvesting shocks recently received the RD 100 Award from RD Magazine, which in the past recognized the ATM machine in 1973, the ATM machine that eats your card when you’re desperate for cash in 1974 (if not, they should have), the LCD in 1980, the anti-smoking patch in 1992, and HDTV in 1998. Another day,
Continue reading "The Next Big Thing in EVs." »
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