China’s pollution problems are well documented, and the government has started to show a desire to act on them. The Chinese control 97 percent of the rare earth supply, which is needed for numerous sustainable energy technologies. China could be in the driver’s seat of a new green economy selling not only rare earths, but finished sustainable energy technology.
Medallion Resources (CVE:MDL) reports that it has closed its non-brokered unit private placement.
Each Unit consists of one common share and one transferable common-share purchase warrant (a “Warrant”). Each Warrant can be exercised to acquire one common share at an exercise price of $0.25 for a period of 36 months from closing of the Offering (12 July [...]
IBC Advanced Alloys Corp.(CVE:IB) reports that it has signed an exclusive distribution agreement for Swissmetals’ CN8 high performance alloy.
CN8 combines very high mechanical and good corrosion resistance with excellent friction properties that are superior to those of any other type of alloy currently used in this type of application. CN8 is an environmentally sensitive material [...]
The drilling results Spectrum Mining Corporation released in October 2009 from their Wicheeda rare earth property north of Prince George, British Columbia, have triggered a flourish of activity in the region with other companies trying to cash in on Spectrum’s find. Several companies have bought-up claims neighboring Spectrum’s property while others are setting up shop around northern BC.
IBC Advanced Alloys Corp. (CVE:IB) reports its approval and pre-qualification for submitting its quotes for the Defense National Stockpile Center sales program for vacuum cast beryllium.
The Basic Ordering Agreement (the “BOA”) was executed between the United States of America and IBC’s wholly owned subsidiary, Freedom Alloys, Inc., based in Royersford, Pennsylvania and provides the Company with certain [...]
Over the past two weeks, lawmakers in Washington have debated resurrecting a domestic supply-chain for rare earths and creating a national stockpile for the family of elements in response to China’s monopoly over the minerals.
IBC Advanced Alloys (CVE:IB) reports that it has signed long-term supply agreements for beryllium and beryllium copper master alloy with Ulba Metallurgical Plant.
The Agreements are a part of IBC and Ulba’s longstanding supply relationship and are further to the letter of intent recently signed with Kazatomprom. The letter of intent, previously announced on November 23, 2009, is [...]
News of the likelihood of finding rare earths supplies by Greenland Minerals and Energy which could possibly pose a large challenge to the Chinese supply has send the rare earths sector into a tizzy.
Hollywood blockbuster Avatar acts as a sign post to the increasing importance of rare earth elements in our lives. If China continues to exercise control, REE may well become like `unobtanium' - difficult to get.
With China seriously contemplating stopping exports of rare earths, a move that could impact the manufacture of low carbon technology, REE is set to soar to new heights in 2010.
Monday, July 26, 2010