USA on the long road to independence from China
The US is having a hard time breaking its dependence on Chinese rare earths The US Department of Defense has just promised to finance two rare earth separation facilities on US soil. It's a small step towards the Trump administration's stated goal of breaking the country's reliance on Chinese supplies of critical minerals. But the direct [...]
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Lynas Corporation has received an award from the West Australian government.
Lynas Corporation has received lead agency status from the Western Australian government for its project to build a rare earth processing facility in Kalgoorlie. Western Australia Prime Minister Mark McGowan has welcomed the company's plan to turn the gold mining town into a major mineral hub. The Ministry of Labor, Tourism, Science and Innovation will [...]
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Siemens and partners develop micro-networks for mining companies
Siemens and partners develop micro-networks for mining companies Siemens and the German developer for renewable energies juwi have entered into a strategic technology partnership to concentrate on the development of micro-networks in the mining industry. The signed agreement between the two companies aims to develop the advanced microgrid control system, which enables the seamless integration of electricity from renewable energies [...]
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Project by BMW, BASF, Samsung SDI and Samsung Electronics for sustainable cobalt mining
Project by BMW, BASF, Samsung SDI and Samsung Electronics for sustainable cobalt mining The BMW Group, BASF SE, Samsung SDI and Samsung Electronics have started a joint pilot project in the Democratic Republic of the Congo as part of a cross-industry initiative. The companies have commissioned the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, over a period of three years [...]
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Ucore talks to US Senators about rare earths
Ucore Talks with U.S. Senators About Rare Earths Ucore Rare Earth Inc. announces it has met Senators Lisa Murkowski, R-Alaska and Dan Sullivan, R-Alaska on separate visits to Ketchikan, Alaska, to make Ucore's pledge as a secure domestic source of supply for rare earths essential to US defense, manufacturing, and industrial needs [...]
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China's US trade is collapsing again, but exports are rising due to higher demand from Asian neighbors
China's unexpected surge in exports in July was due to trading with Taiwan, Singapore and South Korea to offset the decline in sales to the US. According to analysts, trade between the US and China is expected to continue to decline, with a devaluation of the yuan likely not to offset higher tariffs The first year of the tariff war between […]
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Successful Chile trip for mining companies
A forum with around 200 participants in Santiago was the highlight of a business trip for German companies that led to Chile from June 29th to July 3rd. The topic of the forum was process optimization in mining: machines, conveyor technology and automation. The German participants had the opportunity to exchange ideas with representatives of Chilean and international mining and [...]
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DEUTSCHE ROHSTOFF AG: ALMONTY ANNOUNCES FUSION AGREEMENT WITH WOULFE MINING
Woulfe Management recommends that shareholders accept the Heidelberg offer. Almonty Industries, a subsidiary of Deutsche Rohstoff AG, today signed a merger agreement with Woulfe Mining Corp. announced. The agreement provides for all Woulfe shares to be exchanged for Almonty shares, subject to the approval of the Toronto Stock Exchange Commission (TSX), the Supreme Court of British Columbia and a [...]
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Rare earth producer Lynas takes austerity measures
July 02.07.2014nd, 4 (www.871899investors.de) The Australian producer of so-called rare earths Lynas (WKN XNUMX / ASX LYC) will relocate its headquarters to Malaysia, where the company's processing plant is located. Lynas also wants to reduce the workforce, among other things, in order to cut costs while working on increasing production. After the company undertook this [...]
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China's monopoly on rare earths is dwindling
China will largely lose its monopoly on rare earths by the end of this decade. The entry of new providers into the market will mean that the price premium on the world market price for rare earths due to the Chinese monopoly will almost disappear. The world market price for light rare earths will fall significantly over the next three years. With severe [...]
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