Free Daily Updates:

Categories

Posts from December 2011

Saturday, December 31, 2011

The Rare Earth Weekly Review: Was anything actually resolved in 2011?

You know the old proverb “plus ça change, plus c’est la meme chose” - the more things change, the more they stay the same. Well, that’s it in spades with the rare earth space. Much has happened in 2011, but looking back at the files of a year ago you just wonder whether in fact all that

Continue reading "The Rare Earth Weekly Review: Was anything actually resolved in 2011?" »

Friday, December 30, 2011

China Finds "Rare Earth" Monopoly Losing Money

December 30, 2011 (Source: The New American) -- China is the largest producer of rare earth elements, or rare earths, which are important for many sophisticated technology applications. In fact, it has been estimated that China has 97 percent of the current production of these elements. The Chinese government has restricted exports of these rare earths and

Continue reading " China Finds "Rare Earth" Monopoly Losing Money" »

Matamec Amends Its Stock Option Plan

December 30, 2011 (Source: Marketwire) -- Matamec Explorations Inc.(Matamec or theCompany)(TSX VENTURE:MAT) is pleased to announce that the stock option plan was amended at the last Board of Directors meeting. Now a maximum of 12,000,000 shares may be issued in accordance with the stock option plan. This increase has received the regulatory approval. Matamec set up the

Continue reading "Matamec Amends Its Stock Option Plan" »

Thursday, December 29, 2011

China rare earths move unlikely to buoy prices

December 29, 2011 (Source: Financial Times) -- China’s revamping of its controversial export quota system for rare earths is unlikely to stem the nearly six-month slide in prices of the crucial elements, but could cause shortages of critical “heavy” rare earths, say analysts and industry executives. The new quota system, announced this week by the Ministry of

Continue reading "China rare earths move unlikely to buoy prices" »

Molycorp stock price falls as JPMorgan cuts target on rare-earth quotas

December 29, 2011 (Source: Denver Post) -- Molycorp, owner of the largest rare-earth deposit outside China, dropped the most in three months after JPMorgan Chase lowered its earnings estimate and price target because Chinese export quotas wont fall next year. Greenwood Village-based Molycorps stock fell 14 percent to $24.04 in New York, the biggest decline since Sept.

Continue reading "Molycorp stock price falls as JPMorgan cuts target on rare-earth quotas" »

Great Western Minerals Group CEO Scheduled to Address Rare Earth Issues on BNN

December 29, 2011 (Source: Marketwire) -- Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) is pleased to announce that GWMGs President and Chief Executive Officer, Jim Engdahl, is scheduled to appear on the Business News Network (BNN) Commodities Show at 11:30 a.m. EST today, Thursday, December 29, 2011. The scheduled topics for the

Continue reading "Great Western Minerals Group CEO Scheduled to Address Rare Earth Issues on BNN" »

Daimler’s Electric Smart Car Delayed

Following the success of the UK’s biggest electric drive trial earlier this year, when 100 shiny white eco-marvellous smart electric drives took to the roads, the third generation smart fortwo electric drive is coming in 2012!While we all try to figure out what China’s REE export quotas announcement really means for 2012, covered excellently on the blog

Continue reading "Daimler’s Electric Smart Car Delayed" »

Doubts growing that China's REE export quotas will work

Since China’s Ministry of Commerce (MofCom) released the figures for the 2012 rare earth export quotas, the preoccupation has been on the tonnages and who will win and lose from the allocations. But there are two other questions. One, will it work? Two, what does it tell us about the present state of China’s rare earth industry?

Continue reading "Doubts growing that China's REE export quotas will work" »

Wednesday, December 28, 2011

Tasman Files Form 40-F Annual Report

December 28, 2011 (Source: Tasman) --Tasman Metals Ltd. (Tasman or the Company) (TSXV -- TSM; Frankfurt - T61; NYSE AMEX - TAS)today announced that it has filed its 2011 Annual Report on Form 40-F with the U.S. Securities and Exchange Commission (SEC) and is available on EDGAR at www.sec.gov. In addition to filing its Form 40-F, which

Continue reading "Tasman Files Form 40-F Annual Report " »

Avalon's AGM Scheduled for January 26, 2012

December 28, 2011 (Source: Marketwire) -Avalon Rare Metals Inc.(TSX:AVL)(NYSE Amex:AVL) (Avalon or the Company) is pleased to provide notice of the Companys upcoming shareholders meeting. Annual General Meeting The Company will hold its Annual General Meeting of Shareholders (AGM) at 4:30 pm on Thursday, January 26, 2012, at The Toronto Board of Trade, located at 1 First

Continue reading "Avalon's AGM Scheduled for January 26, 2012" »

China lifts export quotas for rare earths

December 28, 2011 (Source: Financial Times) -- China has raised its export quota for rare earths for the first time since records began six years ago, according to astatement from the Ministry of Commerce. China controls 97 per cent of the global supply of rare earths, essential elements in a variety of manufacturing processes. It has used

Continue reading "China lifts export quotas for rare earths" »

Molycorp Makes a Move: Down 12.0%

December 28, 2011 (Source: FNN) -- Molycorp (NYSE:MCP) is one of todays notable stocks in decline, down 12.0% to $24.65. The SP is trading lower by 1.1% to 1,252 and the Dow is trading 1.1% lower to 12,170. In the past 52 weeks, Molycorp share prices have been bracketed by a current low of $24.45 and a

Continue reading "Molycorp Makes a Move: Down 12.0%" »

China Seeks Steady Rare Earths Exports in 2012

December 28, 2011 (Source: Discovery News) -- China, the worlds largest rare earths producer, said Tuesday that its export quota for the sought-after commodities will remain roughly the same in 2012 as this year. China produces more than 95 percent of the worlds rare earths -- 17 elements critical to manufacturing everything from iPods to low-emission cars

Continue reading "China Seeks Steady Rare Earths Exports in 2012" »

China and Rare Earth 2012

December 28, 2011 (Source: NASDAQ) -- Chinas Ministry of Commerce Tuesday announced the 1st batch of RareEarthexport quotas for Y 2012, totaling 10,546 tons. Eleven companies will share the quotas, including 7 Rare Earth producers and 4 distribution companies, according to a statement on the ministrys website. All 11 companies have passed environmental inspections. Quotas have been

Continue reading "China and Rare Earth 2012" »

Prepare for year of the quandary

December 28 2011 (Source: The Australian) --ALL the signs are that next year is going to be the Year of the Commodities Quandary. It has started down that track already. Take copper. Canadas Scotiabank predicts copper to be the star commodity investment next year, with Chinese fabrication demand pushing the price to nearly $US9000 a tonne. Yet

Continue reading "Prepare for year of the quandary" »

China 2012 Rare-Earth Export Quota Unchanged as Sales Slump

December 28, 2011 (Source: Businessweek) -- China, the biggest supplier of rare earths, will keep 2012 overseas sales quotas virtually unchanged after exporters used only half the amount allotted for this year as buyers sought to cut usage and amid complaints over restrictions from trading partners. The full-year quota may be about 31,130 metric tons, according to

Continue reading "China 2012 Rare-Earth Export Quota Unchanged as Sales Slump" »

China's 2012 REE Export Quotas — Revisited

Maths can be a difficult thing, even if one has new batteries in his or her favourite Texas Instruments standby. We here at RareMetalBlog do our level best to provide you with intel and news from accredited and reliable sources. With that in mind, we filed our own 2012 REE Quota story yesterday (thank you, Graeme Irvine)

Continue reading "China's 2012 REE Export Quotas — Revisited" »

China 2012 rare earth quotas unchanged from 2011

December 27, 2011 (Source: Reuters) --Chinawill keep rare earth export quotas for 2012 at this years levels, it said on Tuesday, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing. China accounts for more than 95 percent of the global output of rare earths, which are used in

Continue reading "China 2012 rare earth quotas unchanged from 2011" »

Tuesday, December 27, 2011

Watching gasoline - another key REE story

We certainly hear enough on RareMetalBlog regarding the importance of REE to clean/renewable energy technologies. And batteries. And magnets. But gasoline? Not so much. The good news is that the refining business has less to worry about REE-wise than most other rare earth end-users. But complacency would be the wrong attitude. Perhaps a neglected aspect of the

Continue reading "Watching gasoline - another key REE story" »

China Cuts Rare-Earths Quota.... Sort Of

December 27, 2011 (Source: WSJ) -- China unveiled an initial cut of 27% in its quota for rare-earth exports for next year, but said its full-year 2012 limits for the key materials used to make everything from defense systems to turbines to iPhones would likely be unchanged amid weakened demand. China controls about 95% of global rare-earth

Continue reading "China Cuts Rare-Earths Quota.... Sort Of" »

China cuts 2012 rare earths export quota as government tries to prop up sagging prices

December 27, 2011 (Source: Washington Post) -- China announced a cut Tuesday in its rare earths export quota as it tries to shore up sagging prices for the exotic metals used in mobile phones and other high-tech goods. China accounts for 97 percent of rare earth output and its 2009 decision to curb exports while it builds

Continue reading "China cuts 2012 rare earths export quota as government tries to prop up sagging prices" »

China 2012 Rare-Earth Export Quota Almost Same as This Year

December 27, 2011 (Source: Bloomberg) -- China, the biggest supplier of rare earths, will keep 2012 export quotas “basically level” with this year, as high prices and a slowing global economy sap demand. The full-year quota may be about 31,130 metric tons, according to Bloomberg News calculations based on first-round quota figures given by the Ministry of

Continue reading "China 2012 Rare-Earth Export Quota Almost Same as This Year" »

China sets first tranche of rare earth export quotas at 10,546 T

December 27, 2011 (Source: Reuter) -- China has set the first tranche of rare earth export quotas at 10,546 tonnes for 2012, the countrys Ministry of Commerce said on Tuesday. The full-year quota for 2011 stood at 30,184 tonnes, but actual exports stood at just 40 percent of the allowable volume in the first three quarters of

Continue reading "China sets first tranche of rare earth export quotas at 10,546 T" »

S. Korea's imports of rare earths plunge in Nov.

December 27, 2011 (Source: Yonhap News) -- South Koreas imports of rare earth materials plunged in November from a month earlier due to decreased shipments from China, customs data showed Tuesday. Imports of rare earth materials, which include scandium and yttrium, came to a total of 139 tons last month, down 47.5 percent from a month earlier,

Continue reading "S. Korea's imports of rare earths plunge in Nov." »

Japan's Noda heads to India on economic mission

December 27, 2011 (Source: AFP) -- Japanese Prime Minister Yoshihiko Noda left for India on Tuesday, where economic ties will be the order of the day as Tokyo looks to shore up a financial friendship. The day after returning from Beijing where the focus was on geopolitical issues -- particularly in the aftermath of the death of

Continue reading "Japan's Noda heads to India on economic mission" »

China’s New 2012 REE Quotas

The full-year quota for 2011 stood at 30,184 tons, but total exports stood at only 14,750 tons in the first 11 months of the year amid a nationwide inspection and crackdown on illegal activities in the sector. Here we go again, China’s latest quota announcement for REEs in 2012. China’s biggest producer still doesn’t get a quota,

Continue reading "China’s New 2012 REE Quotas" »

Monday, December 26, 2011

Can REE companies truly be valued, given the vagaries of the nascent sector?

As the unruly gaggle (rockery? nest? troop?) of rare earth explorers march penguin-like toward hoped-for production, there’s an issue that isn’t often spoken about, but has real implications that revolve around this one idea - what happens next, folks? “The problem with rare earths and other critical metals is that there are too few operating mines worldwide

Continue reading "Can REE companies truly be valued, given the vagaries of the nascent sector?" »

RareMetalBlog Holiday Gifts to Our Readers: The Ultimate Guide to Rare Earth Elements & Win a Free Technology Metals Summit Pass.

A friend summed up 2011 best when he wrote: Indeed, 2011 sort of reminds me of that old line... Aside from the incident with the man and the gun, how did you enjoy the play, Mrs. Lincoln? This said, a chronic optimist, I have some things to celebrate this year and as a special gift for our

Continue reading "RareMetalBlog Holiday Gifts to Our Readers: The Ultimate Guide to Rare Earth Elements & Win a Free Technology Metals Summit Pass." »

Russia’s EVs.

Yesterday we covered the opening in Russia of the world’s largest lithium battery factory, a joint Russian-Chinese venture with the initial production intended for China until about mid-decade. Both countries have plans to switch most urban bus transportation over to electric powered vehicles, in an effort to curb out of control pollution problems, in large measure caused

Continue reading "Russia’s EVs." »

Sunday, December 25, 2011

Russia Moves In on Lithium.

The company has already signed a number of contracts for battery supply prior to commissioning the plant, which indicates the high demand for Liotechs products. Prime customer MOBEL has already concluded a three-billion-ruble contract for batteries.Just before Christmas the world’s largest Lithium battery manufacturing plant opened and it’s located in Russia. Yes that’s right Russia. It’s a

Continue reading "Russia Moves In on Lithium." »

Saturday, December 24, 2011

Letter of Award Issued for Lump Sum Phase 2 EPC Contract for Mt Weld

December 23, 2011 (Source: Lynas) -- Lynas Corporation Limited (“Lynas”) (ASX:LYC, OTC:LYSDY) is pleased to announce that a letterof award has been issued to Abesque Engineering Ltd for the Engineering, Procurement,Construction and Commissioning Contract for Phase 2 of the Mt Weld concentration plant inWestern Australia.The letter of award is for a lump sum contract in the amount

Continue reading "Letter of Award Issued for Lump Sum Phase 2 EPC Contract for Mt Weld" »

Friday, December 23, 2011

Orion Withdraws From Metal Bank JV

December 23, 2011 (Source: Orion Metals) -- Orion Metals Limited (ASX: ORM) -- advises that the contractual obligations which wererequired to be satisfied before the Company could complete the aquisition of 50% ofexploration licence E80/4212 from Metal Bank Limited (ASX: MBK) were not resolved by theextended completion date of 22 December 2011. Accordingly ORM has advised MBK

Continue reading "Orion Withdraws From Metal Bank JV" »

Boston-Power, Lithium-Ion Batteries and China's Magnetic Pull

A privately held, advanced-battery maker has taken another step along it’s capital-intensive path to profitability, one that kind of mirrors current machinations in the global rare earths space. Boston-Power Inc. raised $30 million this week from U.S., European and – yes – Chinese investors, as it continues to develop lithium-ion battery cells, blocks, modules and systems for

Continue reading "Boston-Power, Lithium-Ion Batteries and China's Magnetic Pull" »

Thursday, December 22, 2011

Clean Energy — Will the REE Cupboard Soon Be Empty?

Another study, another warning about supply disruptions for a handful of rare metals. Which ones? Well, the US Department of Energy’s report, released today, reckons dysprosium, neodymium, terbium, europium and yttrium will be the issue facing clean-energy manufacturers in the years ahead. “The transition to a clean energy economy will create jobs, enhance our security and cut

Continue reading "Clean Energy — Will the REE Cupboard Soon Be Empty?" »

Department of Energy Releases its 2011 Critical Materials Strategy

December 22, 2011 (Source: Energy.gov) -- The U.S. Department of Energy (DOE) today released the 2011Critical Materials Strategy. The report examines the role that rare earth metals and other key materials play in clean energy technologies such as wind turbines, electric vehicles, solar cells and energy-efficient lighting. The report found that several clean energy technologies use materials

Continue reading "Department of Energy Releases its 2011 Critical Materials Strategy" »

Canada hunts for rare earth metals as China cuts back

December 21, 2011 (Source: AFP) -- A steep decline in Chinese exports of rare earth metals used in many hi-tech gadgets has forced a global search for new crucial supplies and hopes are high for major finds in Canada, analysts say. Everyone has started to search for rare earth elements (REE), Michel Jebrak, a mineral resources specialist

Continue reading "Canada hunts for rare earth metals as China cuts back" »

Pacific Wildcat Resources Corp.: Diamond Drilling Confirms Depth Potential for Mineralisation at Mrima Hill

December 22, 2011 (Source: Marketwire) --Pacific Wildcat Resources Corp.(TSX VENTURE:PAW) (PAW or the Company) is pleased to announce that geological logging has now been completed on the recent 1,810m, sixteen hole diamond drill campaign at the Mrima Hill Niobium and Rare Earth deposit in Kenya. PAW has a conditional purchase agreement to acquire an indirect 70% interest

Continue reading "Pacific Wildcat Resources Corp.: Diamond Drilling Confirms Depth Potential for Mineralisation at Mrima Hill" »

Arafura: Demonstration Program Update

December 22, 2011 (Source: Arafura) -- Arafura is pleased to provide an update on the Demonstration Program for key aspects of the Rare Earths production process. BackgroundArafura’s Rare Earth production flow sheet has previously been proven at pilot scale. The purpose of the Demonstration Program is to operate at a larger scale to reduce Nolans Project scale

Continue reading " Arafura: Demonstration Program Update" »

Rare Element Reports Additional Drilling Results and Progress With Pilot Plant Testing

December 21, 2011 (Source: Marketwire) -- Rare Element Resources Ltd. (TSX:RES)(NYSE Amex:REE) is pleased to announce rare earth element (REE) assay results from 10 additional drill holes completed during its 2011 core drill program at the Companys 100% owned Bear Lodge property, located in northeastern Wyoming, USA. These results include 3 drill holes from the Bull Hill

Continue reading "Rare Element Reports Additional Drilling Results and Progress With Pilot Plant Testing" »

Wednesday, December 21, 2011

Metallica Minerals: Update on Cash & Listed Investments Position

December 21, 2011 (Source: Metallica) -- Metallica Minerals Limited (ASX – MLM) is pleased to provide an update on its cash positionand approximate value of the Company’s ASX-listed investments following the sale ofapproximately 6.7 million MetroCoal shares (see ASX Release 15 December 2011), as atthis morning’s trade on Wednesday 21 December 2011. Similar updates will continue to

Continue reading "Metallica Minerals: Update on Cash & Listed Investments Position" »

Avalon Retains SNC-Lavalin to Complete Nechalacho Feasibility Study

December 21, 2011 (Source: Marketwire) --Avalon Rare Metals Inc.(TSX:AVL)(NYSE Amex:AVL) (Avalon or the Company) is pleased to announce that the Company has retained SNC-Lavalin to complete the Feasibility Study (FS) for its Nechalacho rare earth elements project (the Project). Brian Chandler, Chief Operating Officer, commented, This is an important milestone for Avalon as we move into the

Continue reading "Avalon Retains SNC-Lavalin to Complete Nechalacho Feasibility Study" »

Rare Earth Could Boost Malaysia's Growth by 2020

December 21, 2011 (Source: NASDAQ) -- With most of its natural resources already nearing depletion, Malaysia has been urged to seriously consider opening itself to accommodate the production of rareearthmetals. Dr. Ahmad Ibrahim, Chief Executive Officer of the Academic of Sciences Malaysia, in a report titled Rare Earth Industries: Moving Malaysias Green Economy Forward, said the rare

Continue reading "Rare Earth Could Boost Malaysia's Growth by 2020" »

Nobody knows nothin'

It’s the following kind of dichotomy within the rare earth space that makes REE investment so much fun, sometimes costly and oftentimes frustrating because of the lack of transparency and straight-up intel about what’s really going on in the sector, company by company. So. On the one hand, we have Anthony Alfidi, CEO and founder of San

Continue reading "Nobody knows nothin'" »

REEs: A Difficult Decade.

“Put simply, many businesses now recognize that we are living beyond the planet’s means,” said Malcolm Preston, PwC’s global sustainability leader, in a statement.Earlier in the month PricewaterhouseCoopers published their global survey of executives across several sectors of industry. Unsurprisingly the growing scarcity of minerals and metals, was becoming a real problem, with most expecting the problem

Continue reading "REEs: A Difficult Decade." »

Tuesday, December 20, 2011

Search Minerals announces resource estimates for Foxtrot Rare Earth Element Project

December 20, 2011 (Source: PR Newswire) --Search Minerals Inc. (SMY on the TSX Venture Exchange)is pleased to announce the first mineral resource estimates for its Foxtrot Projectin the Port Hope Simpson Rare Earth Element (REE) District in southeasternLabrador. HIGHLIGHTS 3,410,000 tonnes of Indicated Mineral Resources with a grade of 0.18% heavy rare earth elements (HREE+Y), equivalent to

Continue reading "Search Minerals announces resource estimates for Foxtrot Rare Earth Element Project" »

IBC's Year in Review for 2011 Summarized by President & CEO Anthony Dutton

Continue reading "IBC's Year in Review for 2011 Summarized by President & CEO Anthony Dutton" »

Tantalus Rare Earths AG Maiden JORC Resource of 130 million tonnes for TRE Project

December 20, 2011 (Source: Tantalus) -- Corporate news transmitted by euro adhoc. The issuer/originator is solelyresponsible for the content of this announcement. Company Information/Maiden JORC Resource Düsseldorf (euro adhoc) - Maiden JORC Resource of 130 million tonnes for TREProject Tantalus Rare Earths AG (TRE), a German company exploring an extensive area of rare earth (REE) mineralisation on

Continue reading "Tantalus Rare Earths AG Maiden JORC Resource of 130 million tonnes for TRE Project" »

PwC survey says “Mineral, metal scarcity would deteriorate”

December 20, 2011 (Source: Business Mongolia) -- Scarcity of metals and minerals will become more severe in the next five years, with the automotive, chemicals and energy industries likely to be hit hardest, according to a global survey of company executives by PricewaterhouseCoopers (PwC). The survey of 69 executives across seven sectors, published on Wednesday, found that

Continue reading "PwC survey says “Mineral, metal scarcity would deteriorate”" »

Confessions of a Newbie Technology Metals Event Coordinator.

Recently I have become an event coordinator. Barely 6 AM and Ian London and I are discussing a panel, reminding me that my small change in a moderator equals at least 2 phone calls and associated email corrections. I reach for my coffee...Sorting through several contracts, emails from writers with ideas on this week’s REE World Report

Continue reading "Confessions of a Newbie Technology Metals Event Coordinator." »

Lynas can drive green tech industries, say scientists

December 20, 2011 (Source: Malaysian Insider) -- The Lynas rare earth plant in Gebeng can be a catalyst for the development of green technology in Malaysia, the Academy of Sciences Malaysia (ASM) said today. ASM chief spokesman Datuk Dr Lee Yee Cheong said rare earths were “vitamins” for environmentally friendly technology and Malaysia had an opportunity to

Continue reading "Lynas can drive green tech industries, say scientists" »




Recent Comments

REE Handbook REE Gallery

Featured Sponsor

RareMetal Sponsors

RMB Affiliates


Publisher