Rare Earth Company News Directory

IAEA: Lynas Corp’s LAMP Facility Poses Little Radiation Risk to Local Residents

AAP reported that the International Atomic Energy Agency (IAEA) has found that Lynas Corporation's (ASX:LYC) rare earth processing facility in Malaysia poses little radiation risk to those living in the local area. The Lynas Advanced Materials Processing (LAMP) facility has been fairly controversial, with activists and protestors calling for operations to be shut down due to fears of radiation.

Geomega Resources Releases Updated Resource for Montviel

Geomega Resources (TSXV:GMA) reported an updated mineral resource estimate for its Montviel rare earth and niobium project in Quebec. The current resource now stands at 82.4 million tonnes grading 1.51 percent total rare earth oxides (TREO) and 0.17 percent niobium oxide in the indicated category, and 184.2 million tonnes grading 1.43 percent TREO and 0.13 percent niobium oxide in the inferred category.