Ionic Rare Earths has entered into a binding agreement with Viridis Mining and Minerals to form a 50:50 joint venture with the aim of establishing a significant leading role in the future global supply chain for rare earth elements. Both companies will co-fund the joint venture and a proposed Brazilian refinery and magnet recycling facility utilizing IonicRE’s separation technology. A…
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China, the world’s top processor of rare earths, has added technology to make rare earth magnets to its “Catalogue of Technologies Prohibited and Restricted from Export,” which aims to protect national security and public interest, reported Reuters. “This should be a clarion call that dependence on China in any part of the value chain is not sustainable,” said Nathan Picarsic,…
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Indiana coal operator American Resources, which has consistently solidified its commitment to rare earths and carbon technology, has added additional capabilities to its next-gen arsenal with the purchase of RE and battery metals extraction group Energy Technologies Inc. (ETI). Read full article from North American Mining.
Read MoreChina is doubling down on its promise to maintain its foothold in rare earths, setting the first batch of its rare earth mining output quota for 2022 at 100,800 tonnes, up 20% year-on-year. Read full article from The Asia Miner.
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Alltype Engineering has been selected by Lynas Rare Earths to erect and install a rotary kiln at its rare earths processing plant in Kalgoorlie, Western Australia. Read full article from The Asia Miner.
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