Reuters reports that as Tokyo seeks to reduce reliance on receiving rare metals from China, the Japanese government aims to cut rare earth usage by 10,000 tonnes per year within a few years, a trade ministry official said on Friday,
Mining Weekly.com reports that Saskatchewan-based Great Western Minerals (CVE:GWG) is engaged in“advanced” talks with several parties, on financing for a rare-earths separation plant in South Africa.
Professor Eben Mulder tells Mining Weekly. that rare earth by-product thorium could trigger a nuclear renaissance as the mineral offers the opportunity to assuage concerns surrounding waste management and proliferation in the provision of nuclear energy.
U3O8 Corp. (CVE:UWE) reports grades of uranium, phosphate, vanadium, yttrium, rhenium, silver and molybdenum intersected in 10 holes drilled in the Berlin Project in Caldas Province, Colombia.
Denver-based Geovic Mining Corp. has staked more than 50 20-acre claims in the hope of finding sources of zirconium and rare earth minerals in New Mexico’s Otero Mesa but environmental groups are concerned.
Artha Resources Corporation (CVE:AHC) announced that the company has added to its rare earth property portfolio in northern Argentina through the recent staking of 60,000 hectares of ground in Jasimampa area of Argentina Santiago del Estero Province.
Discovery Investing(Editorial) reports on investing in critical metals in the US.
Business Insider reports that JPMorgan has upgraded shares of rare earth specialist Molycorp (NYSE:MCP), and raised its price target from $36 to $65.
Critical Elements Corporation (CVE:CRE) announced that it has signed an agreement to acquire eight rare earth element (REE), niobium and tantalum properties in Quebec.
International Business reports that as the industry faces a possible shortage of minerals, Hyundai Motors is seeking to secure a rare earth mineral supply.