TSX Venture rises, Feb. 15-19
The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60…
Rare Earths
US Geological Survey reports 2020 mine production in the US
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report. The figure was about US$1.5…
Lynas shares jump on deal for US rare earth plant
Australian rare earths miner Lynas Corp.’s (ASX: LYC) shares jumped on Friday after it announced a deal with the U.S. government to build a commercial light rare earths separation plant in Texas….
Remote Roundup discusses Canada’s role in the green economy
The second day of the Association for Mineral Exploration’s (AME) Remote Roundup 2021 opened with Stephen Piercey, professor of economic geology in the Department of Earth Sciences at Memorial University…
USA Rare Earth outlines domestic mine-to-magnet strategy
Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare earth elements in the United…
Demand for energy metals “will be massive” Glencore CEO says
At Glencore’s Investor Day in early December, CEO Ivan Glasenberg kicked off his presentation by talking about how the commodities giant is “steering a Paris Agreement alignment strategy while meeting…
Energy Fuels set to become rare earth producer in 2021
Energy Fuels (TSX: EFR; NYSE: UUUU) has entered into a three-year supply agreement with The Chemours Company to acquire a minimum of 2,500 tonnes per year of natural monazite sands,…
Critical materials markets 2021 outlook
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president of Toronto-based Stormcrow Capital spoke…
Chinese rare earth metals surge in price
BMO Capital Markets says that a surge in the price of Chinese rare earth metals in November is a reflection of the geopolitical tensions between that country and the developed…
European coalition to secure access to 30 critical raw materials
The European Raw Materials Alliance will focus on increasing domestic production and promoting recycling of vital elements, particularly rare earths.
Australia to ramp-up production of critical minerals
The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical…
Energy Fuels produces REE concentrate at White Mesa
Energy Fuels (TSX: EFR; NYSE: UUUU) has produced the first rare earth element (REE) carbonate concentrate on a pilot-scale at its wholly owned White Mesa mill in southeastern Utah, 508 km…