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Tag: rare earth oxides

Viridion JV inks Brazilian RE magnet supply pact

Miners News

Ionic Rare Earths and Viridis Mining and Minerals joint venture Viridion has signed a memorandum of understanding (MoU) with the owner of Lab Fab, the first rare earth magnet laboratory in South America, to secure rare earth magnet production capacity. The new pact with SENAI FIEMG Innovation and Technology Centre of Minas Gerais is set to make Viridion the first…

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Armed group seizes control of Myanmar mining area

Francesca Mills

Reuters has reported that the Kachin Independence Army (KIA) has taken control of a mining hub in Myanmar, likely disrupting shipments of rare earth oxides to China. The armed group has seized control of the towns of Panwa and Chipwe in Kachin state, adjacent to southwestern China’s Yunnan province.  The news agency noted that rare earth mining areas in Kachin…

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