HyProMag receives $92m LOI from EXIM for rare earth recycling facility
HyProMag USA has received a letter of intent (LOI) from the US Export-Import Bank (EXIM) to provide financing of up…
Rare Earth Metals
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Cyclic Materials to invest $25m in rare earth recycling centre in Ontario
Cyclic Materials has announced a $25m (C$34.04m) investment to establish a rare earth recycling facility in Kingston, Ontario, Canada. The…
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China’s rare earth exports increase 23% in May, reaching yearly high
China, the world's largest producer of rare earth minerals, reported a significant 23% increase in exports in May compared with…
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Novare Holdings invests in ReElement to expand rare earth refining in Indiana
American Resources, through its subsidiary ReElement Technologies, has secured an anchor investment from South African investment firm Novare Holdings. This…
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Lynas Rare Earths signs MOU with MB for rare earths supply in Malaysia
Lynas Rare Earths has entered a memorandum of understanding (MOU) with Menteri Besar (MB), the investment arm of the Kelantan…
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Greenland grants 30-year anorthosite mining licence to Greenland Anorthosite Mining
Greenland Anorthosite Mining, a Greenlandic mineral exploration company, has been granted a 30-year exploitation licence by the Government of Greenland…
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Rosneft acquires Tomtor rare earth deposit in Russia
Russian oil producer Rosneft has acquired the Tomtor rare earth metal deposit in the north of the Yakutia region in…
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Critical mineral supply concentration, export restrictions may cause disruptions, IEA reports
The International Energy Agency (IEA) has indicated potential vulnerabilities in the supply chain of strategic minerals critical for the energy…
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Manuka’s Taranaki VTM project in New Zealand moves to fast-track approval stage
Manuka Resources' subsidiary Trans-Tasman Resources has announced that its application for the Taranaki VTM project in New Zealand has been…
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Lynas Rare Earths begins dysprosium oxide production in Malaysia
Lynas Rare Earths has announced the commencement of dysprosium oxide production at its Malaysian facility, positioning the company as the…
