Lynas' new rare earths facility in Malaysia will have the capacity to supply two-thirds of current demand outside of China within the next few years, and along with other projects close to production could crowd many junior miners out of the market.
The first rare earth element property in Central Europe is being developed by Deutsche Rohstoff AG. The promising deposit will undoubtedly be welcomed by the German industry.
Avalon CEO Don Bubar expressed his confidence that Avalon could emerge as the “go-to” source for heavy rare earth elements outside of China at an industry event in Hong Kong on November 11.
MarketWatch reported that China will deal with illegal rare earth operations by implementing a new rare earths invoicing system.
Energy & Capital reported that rare earth miners are trying to make up for China's reduced export of the critical elements to meet global demand.
IBC Advanced Alloys Corp. (CVE:IB) reported that it has amended the terms of its previously announced bought deal financing with Euro Pacific Canada Inc. to increase the size of the offering from $2.5 million to $3.0 million.
IBC Advanced Alloys Corp. (CVE:IB) reported that it has entered into a "bought deal" financing with Euro Pacific Canada Inc.
IBC Advanced Alloys Corp. (CVE:IB) reported signing a contract to perform a first phase drilling program on its Juab County fluorite-bertrandite project, western Utah.
Canadian International Minerals Inc. (CVE:CIN) and Commerce Resources Corp. (CVE:CCE) announced jointly that they have entered into an amending agreement with respect to the Carbo property option agreement.
IBC Advanced Alloys Corp. (CVE:IB) announced the withdrawal of a planned short-form prospectus financing.
Tuesday, February 7, 2012