03 October 2023
03 October 2023
Protestors have blocked roads and highways in the Stara Zagora, Pernik and Kustendi regions of Bulgaria in response to the government’s Just Transition plans.
The Shawa carbonatite complex in Zimbabwe contains rare earth elements such as niobium, strontium, titanium and zirconium, among others.
The permit will allow the companies to build project infrastructure in an area with surface and ground water resources.
The tie-up is said to increase Fortune’s cobalt and bismuth refining operations to recover minerals from smelter waste streams.
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Within the rare earth metals market, cerium is projected to account for the largest volumetric share followed by lanthanum, neodymium, and others in 2023. The demand dynamics for neodymium is estimated to remain strong as the sale of electric vehicles continue to flourish across the globe. The product is deployed in the manufacturing of magnets including low and high performance and is an integral part of the modern-day technology assembly from automotive vehicles to fighter jets.
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