China’s Shenghe throws Vital Metals a lifeline
Chinese rare earth miner Shenghe Resources is acquiring new shares in Vital Metals (ASX: VML) for an initial A$5.9 million ($3.8 million), allowing the Australian miner to move forward with…
Vital Metals
Torngat Metals hopes to revive Strange Lake rare earths project in Quebec
Torngat Metals is advancing its longstanding Strange Lake rare earths project in northeastern Quebec toward both a feasibility study and permitting. Strange Lake could produce up to 55,000 tonnes of…
Processing unit of Canada’s only rare earths miner goes bankrupt
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, has declared bankruptcy for a Canadian subsidiary after a review of its half-finished $55-million processing facility in…
Mining personnel leaving Yellowknife as wildfires prompt evacuation order
Explorers and miners in the Northwest Territories are shifting focus to the safety of their staff and communities after the government ordered the evacuation of Yellowknife on Wednesday evening as…
Rare earths exploration across the Americas – in charts
With China dominant in the mining and processing of rare earths, the West faces a daunting task to build supply chains of the critical minerals independent of the Asian superpower….
Vital Metals’ plans for rare earth production stall
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, is pressing pause on construction of its half-finished Saskatoon processing facility after determining that its plans to…
New Tesla motor technology could disrupt rare earths industry
Rare earth element companies may face pressure after Tesla unveiled plans this week to develop car motors without key critical minerals. In North America, California-focused MP Materials (NYSE: MP) and…
Li-FT Power eyes Yellowknife for continent’s next big lithium resource
Yellowknife was founded on gold mining, and now lithium holds the potential of opening a new chapter for the Far North’s second largest city. Just a short drive east of…
Vital Metals pivots to Nechalacho permitting as plant capex double
Australia-based Vital Metals (ASX: VML; US-OTCQB: VTMXF) says it is pivoting from completing the rare earths separation plant in Saskatoon to better align with its Norwegian offtake partner while the…
West faces daunting task to compete with China in critical minerals race, says Neo Performance CEO
Engaging in the global critical minerals market means facing up to the huge challenge presented by China, says Neo Performance Materials‘ (TSX: NEO) CEO and president Constantine Karayannopoulos. Speaking during an…
Commerce’s Ashram rare earth sample signals Quebec project’s global green metal ambition
Commerce Resources (TSXV: CCE ; US-OTC: CMRZF) has produced its largest rare earth oxides sample yet from its Ashram project in northern Quebec as it develops what it calls the…
Vital Metals bails on Quebec rare earths projects
Australia’s Vital Metals (ASX: VML), the first rare earths producer in Canada, has walked away from a deal with Quebec Precious Metals Corp. (TSX-V: QPM) to buy the junior’s Zeus project and…