China’s Shenghe throws Vital Metals a lifeline
Chinese rare earth miner Shenghe Resources is acquiring new shares in Vital Metals (ASX: VML) for an initial A$5.9 million ($3.8 million), allowing the Australian miner to move forward with…
Rare Earths
Ionic wins licence to mine rare earths in Uganda
Australia’s Ionic Rare Earths (ASX: IXR) on Friday secured a large-scale mining licence for its the Makuutu heavy rare earths project in Uganda. The permit was granted by the Ugandan Directorate…
Explorers in Colombia keep spending amid Petro government’s leftist rhetoric
More than a year after Colombia’s leftist president Gustavo Petro took power, investment by public companies is rising along with their exploration activity, despite initial concerns the government would restrict…
Which critical mineral will China ban next?
Virtually every stock tied to the rare earth group of elements (REE’s) are trading around multi-year lows. Investor outlook continues to wane despite the commodities key role in neodymium magnet…
Torngat Metals hopes to revive Strange Lake rare earths project in Quebec
Torngat Metals is advancing its longstanding Strange Lake rare earths project in northeastern Quebec toward both a feasibility study and permitting. Strange Lake could produce up to 55,000 tonnes of…
Processing unit of Canada’s only rare earths miner goes bankrupt
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, has declared bankruptcy for a Canadian subsidiary after a review of its half-finished $55-million processing facility in…
Climate targets threatened by lack of mining investment: McKinsey
Soaring demand for metals and minerals needed to achieve a 45% reduction in global emissions by 2030, paired with low commodity prices driving investors and mining firms to cut spending…
UK’s only rare earths producer eyes US, EU markets
Less Common Metals (LCM), the only rare earths metal producer in the U.K., is switching its focus from the home country to the United States and the European Union, the…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
Rainbow Rare Earths ink supply deal with UK-based alloy producer
Rainbow Rare Earths (LSE: RBW) announced on Monday a strategic supply agreement with U.K.-based Less Common Metals Ltd (LCM) to provide magnet separated rare earth oxides neodymium and praseodymium, dysprosium and…
How miners can better manage community resettlement as demand for metals rises
It’s an undeniable fact that the world needs more metals to deal with the effects of climate change and to achieve net zero by 2050. Renewable energy (solar panels, wind…
Mining personnel leaving Yellowknife as wildfires prompt evacuation order
Explorers and miners in the Northwest Territories are shifting focus to the safety of their staff and communities after the government ordered the evacuation of Yellowknife on Wednesday evening as…