Rare Earth Imports to South Korea Drop to Lowest in Two Years
Mineweb reported that South Korea’s rare earth imports are dropping as it reduces its dependence on the raw materials.
Archive for February, 2012
New Regulation Charges Royalty to Western Australia Rare Earth Producers
Bloomberg reported that Western Australian rare earth producers will have to pay a 2.5% royalty on production.
Ditem Commences New Drill Program at Lalande Property
Ditem Explorations(TSXV:DIT) announced the commencement of its drill program at the Lalande property. This drill program is a follow up to the program completed in August 2011.
Pacific Wildcat Releases Report on Potential of Mrima Hill
Pacific Wildcat Resources Corp. (TSXV:PAW) announced that its Mrima Hill rare earth property has excellent exploration potential as part of the Dzombo Intrusive Complex.
Ditem Begins Drilling at Lalande
Ditem Explorations (TSXV:DIT) announced that it has begun drilling at the Quebec-based Lalande property.
Stans Energy Receives Working Draft of Preliminary Feasibility Study
Stans Energy Corp.(TSXV:HRE) announced that it has received a working draft of its new preliminary feasibility study. The Company also announced that a new consultant has been employed to assist with off-take negotiations. It also reported on recent meetings with Kyrgyz and Russian government officials.
Swiss Metal Assets: Hedging with Physical Rare Metals
Knut Andersen, Sales Director of Swiss Metal Assets, spoke exclusively to Resource Investing News about holding physical rare industrial metals offshore as a growth-oriented investment and hedge against currency devaluation.
Lynas Rare Earth Plant Protest Continue
Channel News Asia reported that protesters are rallying against Lynas Corp’s (ASX:LYC) rare earth plant in Malaysia, despite claims the facility is safe.
China May Meet Rare Earth Export Quotas on Increased Demand
Bloomberg reported that stronger demand due to lower prices may push China to double its exports of rare earths.
Japan Drafts Rare Earth Recycling Bill
The Japan Times reported that the country’s government is working on a bill that would introduce recycling as a way to secure rare earth supply.
