US Rare Earths recently published assays from surface channel sampling at its North Fork properties; they reveal total rare earth oxide grades of up to 10.3 percent.
Articles Tagged "rare earth prices"
Canadian companies digging for rare earths are getting some assistance from their government with the formation of an industry-led association called the Canadian Rare Earth Elements Network (CREEN).
A new recycling technology involving a nanomaterial could strip out diluted rare earths from wastewater.
Armed with a Korean partner, Frontier Rare Earths plans to put its Zandkopsdrift deposit in South Africa into production by 2016.
Rare earth prices could rise if a rumor that China's State Reserve Bureau plans to start buying the metals soon, Mining Weekly reported.
MetalMiner reported that a dip in its REE index could be affected by Molycorp's (NYSE:MCP) second-quarter loss it announced earlier this summer.
Market participants are watching to see how the Chinese government divvies up purchases of rare earths for its stockpile.
China Daily reported that China's first rare-earth products exchange is expected to launch in October, and officials are hopeful that it will assist in regulating the market further.
The US rare earths producer blamed disappointing results on poor prices and a lack of buyers.
Last week, Jamaica's REE processing facility moved a step closer to completion. Meanwhile, REE prices continued to rise on the back of the Chinese government's crackdown on illegal operations in Ganzhou.