US Snapshot: Mining and exploration for copper, gold, rare earths and more
The United States has a long mining and exploration history and is rich in base and precious metals as well as new energy metals and uranium. Here are seven companies…
MP Materials
Washington mulls US$456M loan for American Rare Earths project capex in Wyoming
American Rare Earths (ASX: ARR; US-OTC: ARRNF) gained after reporting the United States is considering US$456 million in debt financing for the company’s Halleck Creek Wyoming project, one of the world’s…
Saskatchewan plant first to produce rare earth metals in North America
Facility is ready to produce 10 tonnes of neodymium-praseodymium metals per month, with purities greater than 99.5%, SRC said.
Aclara grows Carina Module rare earth resource in Brazil
Aclara Resources (TSX: ARA) has boosted the total tonnage at its Carina Module rare earth project in Brazil by 77%, the company said Friday. The project in Goiás state now…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Energy Fuels begins commercial production of separated rare earths at White Mesa
Energy Fuels stated this is the first US commercial production of on-spec separated REEs from monazite in decades.
American Rare Earths nixes US$400M SPAC takeover
American Rare Earths (ASX: ARR; US-OTC: ARRNF) said it won’t sell its subsidiary Wyoming Rare in an all-share deal valued at US$400 million that a NASDAQ-listed special purpose acquisition company…
‘World record’ rare earths recovery at Colossus: Viridis
The company stated that it has achieved the highest overall bulk ionic recoveries globally, with rates as high as 67%, in its Colossus project in Brazil.
MP Materials wins US$58.5M tax credit for Texas rare earth magnet factory to supply GM
MP Materials (NYSE: MP) is being funded US$58.5 million from the United States government to finish building the country’s first integrated rare earth magnet plant, one that will supply General…
MP Materials and Lynas explore merger amid rare earth market woes: report
MP Materials (NYSE: MP) and Lynas Rare Earths (ASX: LYC), two leading producers of rare earth elements, could be considering a merger, the Australian Financial Review reported Friday. The Sydney-based publication suggests that…
Mining analyst-turned-Vital Metals CEO eyes much larger Nechalacho reboot
After spending the past 15 years as a senior mining analyst at Haywood Securities, Vital Metals’ (ASX: VML) CEO and managing director Geordie Mark is convinced that hitting a home…
Aclara study pegs Brazil rare earths project NPV at US$1.2B
Initial capital costs for Aclara Resources‘ (TSX: ARA) Carina Module rare earths project in Brazil are estimated at US$576 million, with a US$1.2 billion net present value (NPV), according to…