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Posts from July 2009

Thursday, July 30, 2009

BLOG: China Magnetics 2009 Conference: Dates Announced

It seems that the last quarter of 2009 is going to be a busy time for conferences and meetings pertaining to rare metals and the industries that use them. The latest addition to the list: theChina Magnetics 2009 Conference, the latest in a series of similar meetings from IntertechPira, which takes place in Shanghai, China, October 26-28,

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Wednesday, July 29, 2009

BLOG: Britain to Increase Wind Farms Seven Fold

It was raining this weekend so I turned my mind to gauging future demand for neodymium for magnets, particularly in wind turbines. Here is what I found is happening in that land of regular rainfall. The Renewable Energy Strategy (RES) in the UK calls for 15% of its energy to come from renewable by 2020. That’s an

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BLOG: Japan to Strengthen Policy on Re-use of Rare Metals

This article wasposted on the Kyodo News International today,July 29, titled Japan reiterates resolve to secure rare metals from used appliances. Excerpt: The Japanese government said Tuesday it will strengthen its policy on collecting rare metals from used mobile phones and other appliances, amid concern that difficulties in accumulating such crucial resources could erode Japanese firms competitiveness.

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Tuesday, July 28, 2009

BLOG: China Seizes Smuggled Metal Bound for North Korea

This article was posted July 28th on Reuters.com, and was written by Lucy Hornby and Benjamin Kang Lim. Excerpt: Chinese border police have seized 70 kg (154 lb) of the strategic metal vanadium bound for North Korea, a local newspaper said on Tuesday, foiling an attempt to smuggle a material used to make missile parts. The U.N.

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BLOG: Watch Your Way Through the Periodic Table

Since I’m not what you would call a highly ‘technical-type’ or a ‘geology aficionado’, my head tends to spin when the conversations on rare earths get a bit too ‘heavy (…not the rare earths, the conversation). Seriously, I’m a strong proponent of the evolving green energy economy and the technologies and raw materials that are being developed

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Sunday, July 26, 2009

BLOG: Rare Element Resources Ltd Completes $1.8 Million Financing Deal

On Friday, Rare Element Resources Ltd. issued a press release announcing the completion of a $1.8 million deal to finance the companys rare earths exploration program, in addition to other projects. The complete press release can be found here. Rare Element Resources has a 100% interest in the Bear Lodge property in northeast Wyoming which, according to

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Friday, July 24, 2009

Ytterbium: A New Claim To Scientific Fame

Ytterbium [Yb] is one of the lesser known rare earths and doesnt usually get a whole lot of attention. Thatchanged this week with thepublication of a scientific paperbyscientists at the Lawrence Berkeley National Laboratory [LBNL], on some extraordinary properties of Yb that are exciting the world of nuclear physics. A team at the Nuclear Science Division of

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Thursday, July 23, 2009

Electric Cars and Lithium

The global press is picking up the electric car story more braodly with every month and of course, the batteries that will power them are topical too. The Times published a story dated June 15, 2009 about lithium in Bolivia. The Bolivians have not been receptive to international companies developing what is believed to be the largest

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LEDs Gaining Ground in Automotive Applications

Remember the days when “Can you turn on thelight inside the car” meant you were probably lost and the passengers head was buried in some out-of-datemap? Guess I’m out-of-date, especially after reading Charles J. Murray’s June 25th article in Design News. Mr. Murray, a senior technical editor with Design News, noted thatlight-emitting diode (LED) technology may finally

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Wednesday, July 22, 2009

Neo Materials Signs Agreement with Mitsubishi to Develop Brazialian Rare Earth Resource

It has certainly been a busy day for Japanese/Canadian ‘partnering initiatives’ in the rare earth world. As Gareth Hatch was kind enough to share with us earlier this morning, Great Western Minerals and Toyota Tsusho announced their Letter of Intent to consider the merits of jointly exploring two of GWMG Canadian rare earth properties. About the same

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Tuesday, July 21, 2009

Great Western Minerals and Toyota Tsusho Sign Letter of Intent

It was announcedtoday that Canadas Great Western Minerals Group [GWMG]and Japans Toyota Tsusho Corporation [TTC]signed a letter of intent to examine the merits of jointly conducting exploration and development activities on certain of Great Western Minerals existing projects. The projects specifically include GWMGs Douglas River and Benjamin River exploration sites. The letter of intent gives TTC certain

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Funding Violence: The Dark Side Of The Minerals Business

It is no secret that many of the worlds rare metal ores are mined in highly volatile areas of the planet. The Democratic Republic of Congo [DRC] in Central Africa is one such example. As the worlds largest producer of cobalt ores, and a significant producer of copper, the former Zaire has long been the target of

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Monday, July 20, 2009

Lower-cost method being developed to produce CIGS Solar Cells

One of the challenges to the rapid and full implementation of the green energy economy is the amount of science and engineering know-how thatis currently underway. It’s truly remarkable and will certainly bring long lasting benefits. As I continue to learn, it ismore than just sourcingrare metals to servegreen energy technologies (rare metalsand rare technologies today maybe,

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Sunday, July 19, 2009

Government Incentives for Electrics Vehicles

Government incentive programs will encourage consumers to buy electric cars. News this year has come from the US, UK, Denmark, and this week from the province of Ontario and the city of Vancouver. In some cases tax rebates will offset the expected higher cost of battery powered cars and in others, it is infrastructure that is being

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Event in DC to Address: Risk Management for Critical & Strategic Metals.

We would like to thank Jack Lifton for drawing our attention to the “Risk Management for Critical and Strategic Metals” investment event on October 21-October 22 in Washington DC. The session that I will be participating in and blogging on is the panel discussion on Investment Opportunities in Critical and Strategic Metals, Thursday morning, October 22, 2009.

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Friday, July 17, 2009

Extreme Green

There have been some stories this week in the New York Times and other newspapers about local and regional government support for green initiatives, especially hybrid vehicles. Both in the province of Ontario, Canada and a town in Connecticut, parking spots designated for hybrids were cited. Whole foods stores in some markets have parking spots for plug

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Thursday, July 16, 2009

Rare Earths used in Oil Drilling? -- Yup!

I like coincidences! In the middle my reading Jeff Rubin’s recently released book, Why Your World is About to Get a Whole Lot Smaller: Oil and the End of Globalization, (Random House of Canada, 2009), a friend wrote to me with what seemed to be a relatively innocent inquiry, to the effect that… “I read tons about

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From Mine to Market to Magnet: Molycorp & Arnold Announce JV

So its finally happened: earlier this week Molycorp Minerals, LLC and Arnold Magnetic Technologies announced that they had signed a Letter of Intent to form a Joint Venture for the production of Rare Earth magnets in the United States. Such a JV would be the endbeneficiaryof Molycorpsrecently stated goal of moving forward to reestablish domestic manufacturing capacity

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Monday, July 13, 2009

Magnetic Refrigeration

A magnetic refrigeration system works by applying a magnetic field to a magnetic material – some of the most promising being metallic alloys – causing it to heat up. This excess heat is removed from the system by water, cooling the material back down to its original temperature. When the magnetic field is removed the material cools

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China's Precious Metal Reserves Threatened

This article was posted on the ChinaDaily.com on July 7 2009. It is titled Chinas precious metal reserves threatened. Chinas precious metal reserves are shrinking at an alarming rate. Over-exploitation and cut-throat competition in exportation, on the other hand, have driven prices considerably low in the international market. Rare earth, for example, witnessed a reserves decline from

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Wincing at Tellurium

Jack Lifton published an excellentarticlelast week that seeks to debunk some pretty widely-held views on the perceived availability of rare metals. His poster child is the growing demand for tellurium [Te] in the production of photovoltaics [PVs] used for solar energy production, in this case alloyed with cadmium [Cd]. Jack hits on something that frequently makes me

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Stock Up on Rare Metals...and Beans?

I like Mickey Fulp and his weekly “Mercenary Musings”. While initially my respect was for his geological background and his work as an analyst in the natural resource industry, this mornings piece was purely enjoyable. Providing a significant value for investors that follow rising stars in the small cap arena and seeking undervalued stories with uptick potential,

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Dealing With The Dysprosium Problem

Hello everyone - I thought that it was about time I made my first blog post here, and a recent articleon work on the use of dysprosium [Dy] in rare earth permanent magnets [REPMs], undertakenat St. Pölten University of Applied Sciences in Austria,finally prompted me to write.As evidenced both here at the Rare Metal Blog and elsewhere,

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Thursday, July 09, 2009

China's Exponential Wind Growth

This is a first -- my first ever blog posting! I always admired folks who, sparked by an interesting economic, technical or political tidbit, could provide some insightful analysis and then share it with others in a relatively short period of time. I have always found such articles helpful. I also knew it wasn’t easy, and now

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Wednesday, July 08, 2009

Five Chinese Commodity Buys You Should Worry About

Add our friend Jim Letourneau to the list of investment letter writers speaking about Rare Earth Elements (REE). Jim published an article July 8th under the title Five Chinese Commodity Buys You Should Worry About that includes the following comment. What will happen when the rest of the world wakes up to the fact that China has

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These numbers will blow you away

It has recently been reported by Industrial Info Resources (IIR), a leading provider of global market intelligence that China, through its Wind Energy Specialty Commission of China Renewable Energy Industries Association (CREIA), is planning to develop seven mega-wind power complexes totalling some 126 Gigawatts. That’s GWs not MWs (megawatts) and as a colleague of mine noted “This

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Sunday, July 05, 2009

8 Weird Metals Used in Everyday Life

First off, to our American friends… I hope you all enjoyed a fine and safe Independence Day weekend. To our Canadian readers, Happy Canada Day and I hope some of you were able to make it into a long weekend I’m not sure how many of you have seen and are enjoying ‘List Week’ in The Toronto

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Friday, July 03, 2009

Mainstream Press Picks up Rare Metals Story

The US News World Report published an article date July 1, 2009 describing a strategic move by one country to become the global leader in production of rare metals and in particular, REE. This is not news to those who are listening to investment letter writers and investment industry analysts but it is interesting to see the

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Thursday, July 02, 2009

Imported Minerals, Metals Fuel U.S. Shift to Homegrown Power

This article was published June 9, in the New York Times. Another look at our increasing dependence on those rare metals... Excerpt: A U.S. clean-energy boom could force the nation to shed its addiction to foreign oil, only to develop a dependence on imported minerals and metals. Go to Blog » Clean-energy technologies -- solar photovoltaics, geothermal,

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Affordable Hybrid Retrofits?

Popular Science magazine has an interesting article on a retrofit kit designed for conversion of internal combustion cars to hybrids. This award winning design by former IBM engineer Dr. Charles Perry is expected to cost in the range of $3 to 5,000. The kit includes an electric motor for each wheel and, of course, batteries. To read

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Wednesday, July 01, 2009

Clean Money - with some questions

In one of my recent postings, I mentioned that I was just about to finish reading John Rubino’s latest book on renewable energy and clean-tech investing, entitled Clean Money: Picking Winners in the Green Tech Boom (John Wiley Sons, 2009). In his book, Rubino, author and editor of GreenStockInvesting.com, introduces readers to the fundamentals driving the rise

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