April 30, 2010 -- Toronto, Canada -- (Source: MarketWire). Symbol - TSX-V: RUU. In February of this year, Stans Energy Corp.s 100% owned subsidiary, Stans Energy Kg, retained the services of a number of local contractors to assist the company in the development of Kutessay II and the exploration of the Aktyuz Ore Field (AOF). The responsibilities
Continue reading "NEWS: Stans Energy Corp. Rare Earth project updates for Kutessay II Mining and the Aktyuz Ore Field" »
April 27, 2010 -- Toronto, Canada -- (Source: MarketWire) Stans Energy Corp. (TSX VENTURE:RUU) is pleased to add Doctor Valery D. Kosynkin, an accomplished rare earth elements (REEs) expert in Russia, to its advisory board. The following is a brief professional biography of Dr. Kosynkin: Dr. Kosynkin was born on May 23, 1936 in the City of
Continue reading "NEWS: Stans Energy Corp. Appoints Renowned Rare Earth Metallurgist, Doctor Valery D. Kosynkin, to Its Advisory Board" »
April 27, 2010 -- Toronto, Canada -- (Source: MetalMiner) Canadian miner Stans Energy Corp. is carrying out grade and feasibility assessments at their Kutessay II deposit in Kyrgyzstan in the belief it could be the first major heavy Rare Earths deposit outside of China. For those of you, like me, who had to reach for the atlas
Continue reading "MEDIA: Kyrgyzstan Holds Potential for Major Heavy Rare Earth Supplies" »
April 26, 2010 -- Vancouver, BC -- (Source: CNW) Tasman Metals Ltd. (Tasman or the Company) TSXV - TSM; Frankfurt - T61; Pink Sheets - TASXF. Mr Mark Saxon, President CEO, announces the Company has increased its portfolio of rare earth element (REE) projects in Scandinavia, with the staking of the Otanmaki REE project in central Finland.
Continue reading "NEWS: Tasman acquires new rare earth element project at Otanmaki in Finland" »
Our review of the prior week at RareMetalBlog begins with a piece from the New York Times on Molycorp Minerals plans to raise money to restart its mining operations at Mountain Pass, California, through an IPO on the US NYSE, in addition to a now-familiar narrative on the recent history of the rare earths industry.Ian wrote up
Continue reading "BLOG: RareMetalBlog Week in Review: 04/19/10 - 04/25/10" »
April 27, 2010 -- Tokyo (Source: newstraitstime) -- Japan plans to scour the seafloors in its exclusive economic zone for rare metals needed in high-tech products in a drive that may irritate Asian rival China. Prime Minister Yukio Hatoyama’s cabinet is expected to approve as early as June the national strategy on securing undersea resources, the Kyodo
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In e-mail chat between several colleagues today we discussed Jack Lifton’s comments on Seeking Alpha following the recent Rare Earths Summit 2010 in Beijing. According to an unnamed source, the heavy rare earth operations in China are operating at best at 30% gross margins while the lights are at 20%. These margins, the opinion holds are insufficient
Continue reading "BLOG: A Commodity Trader's View" »
If you know anything about rare earths, then you know that Dudley Kingsnorth is simply one of the best in the industry. Found an article titled Caution, rare earths ahead written by Robin Bromby of The Australian this morning that was refreshingly frank. In part, because Robin addresses what I believe to be the crux of what
Continue reading "BLOG: MolyCorp, LYNAS and Alkane Highlighted in 'Caution, rare earths ahead'" »
April 26, 2010 -- Montreal, PQ (Source: Marketwire) - Matamec Explorations Inc. (Matamec) (TSX VENTURE:MAT) is pleased to announce that it has begun acid bake test work aimed at recovering the Rare Earths and Zirconium from the Eudialyte zones of its Kipawa deposit, located on the Zeus property. This work, being conducted at SGS Lakefield, is in
Continue reading "NEWS: Matamec's Early Stage Metallurgical Work on the Kipawa Deposit" »
Toronto, ON --April 23, 2010 (Source: Marketwire)- Quest Uranium Corporation (Quest) (TSX VENTURE:QUC) is pleased to announces that its corporate name has been changed to Quest Rare Minerals Ltd. Effective Monday April 26, 2010, the common shares of Quest Uranium Corporation will commence trading on the TSX Venture Exchange under the new corporate name Quest Rare Minerals
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Yesterday, Rep. Mike Coffman [R-CO] sent a letter to his colleagues in the US House of Representatives, urging them to cosponsor House Resolution 4866, the Rare Earth Supply-Chain Technology and Resource Transformation (RESTART) Act of 2010, which he submitted to the House for consideration in March 2010.The letter urged colleagues to cosponsor the bill, which would[r]eestablish competitive
Continue reading "BLOG: Congressman Coffman Calls On Colleagues To Cosponsor RESTART Act And Urges Hearings On GAO Report" »
April 20, 2010 -- Halifax, NS (Source: Marketwire) -- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.Ucore Uranium Inc. (TSX VENTURE:UCU) (Ucore or the Company) is pleased to report that the Alaska State House of Representatives has unanimously passed a House Resolution in favor of expedited permitting and production of heavy rare
Continue reading "NEWS: State of Alaska Announces Support for Expedited Permitting and Production at Ucore's Bokan Heavy Rare Earth Project " »
RareMetalBlog would like to thank Lynas Corporation Limited (ASX: LYC) for sending us the following update on the construction of the Concentration Plant in Western Australia and the Advanced Materials Plant in Malaysia. Please click on link to view the announcement:New Lynas Announcement - 20 April 2010
Continue reading "NEWS: LYNAS Update on Concentration Plant in Western Australia and the Advanced Materials Plant in Malaysia" »
As reported on environmentalleader.com earlier today (April 21, 2010), Ford Motor Company continues its efforts to use more renewable and recyclable materials in its vehicles. While not directly related to rare metals as yet, based at least on Ford’s example, Ford and other other carmekers will be striving to improve on thier its respective performance records. Apparently
Continue reading "BLOG: Ford Makes Greener Cars. Will they soon be demanding recycled Rare Metals?" »
April 21, 2010. Mountain Pass, California -- (SOURCE: NY Times) On a high plateau wandered by burros and jack rabbits an hour’s drive southwest of Las Vegas, a chasm hewn from volcanic rock sits at the center of an international policy debate. The chasm, in Mountain Pass, California — 400 feet, or 120 meters, deep — used
Continue reading "MEDIA: Challenging China in Rare Earth Mining" »
We began last weeks offerings at RareMetalBlog with two articles from Ian. The first was on a report from Hitachi that they have developed a material that can double the life of lithium ion batteries, with an eye to using the batteries for grid storage devices. The second piece was on the use of neodymium in special
Continue reading "BLOG: RareMetalBlog Week in Review: 04/12/10 - 04/18/10" »
April 16 (Reuters) - Minerals producer Molycorp Inc filed with U.S. securities regulators on Friday to raise up to $350 million in an initial public offering of common stock.The company, which produces rare earth elements used in clean energy technologies, defense applications and fiber optics, said it plans to list its stock on the New York Stock
Continue reading "Molycorp Minerals To Raise Up To $350 Million In IPO" »
Earlier this week the United Sates Government Accountability Office [the GAO] published a summary of its findings on Rare Earth Materials in the Defense Supply Chain. As you may recall, this was in response to the mandate given to the GAO late last year as part of the National Defense Authorization Act for FY2010. This legislation said
Continue reading "BLOG: The GAO Report on Rare Earth Materials: Now What?" »
April 15, 2010. Vancouver, BC -- (SOURCE: MarketWire) Cache Exploration Inc (TSX VENTURE:CAY) is pleased to announce that it has optioned the Welsford Inner Claims REE property in southern New Brunswick. This transaction is subject to regulatory approval. These six claims are located within the outer boundaries of our Welsford REE Property (news releases March 5 and
Continue reading "NEWS: Cache Options Fourth Rare-Earth Element Property" »
April 15, 2010. Washington, D.C. -- (SOURCE: Bloomberg) U.S. lawmakers called for a hearing after a government report exposed potential “vulnerabilities” for the American military because of its extensive use of Chinese metals in smart bombs, night-vision goggles and radar. China controls 97 percent of production of materials known as rare earth oxides, giving it “market power”
Continue reading "MEDIA: China ’Power’ Over Metals for Smart Bombs Prompts U.S. Hearing " »
Scientists at the 32 year old, Colorado-basedNational Renewable Energy Laboratory (NREL) have discovered a way to generate a tricky combination of green and red that may just prove to be the biggest boost for illumination since Edison’s light bulb, at least as reported in ThinkGreenResources.com on April 6th. “Green isn’t just a symbol of environmentalism, it is
Continue reading "BLOG: Thinking that an LED is like a solar cell... but in reverse, gets the Green Light" »
April 13, 2010. Tokyo, Japan -- (SOURCE: Miami Herald) Japans Economy, Trade and Industry Ministry has announced a strategy that calls for boosting eco-friendly vehicles share of domestic new car sales to as high as 50 percent by 2020, from the current 9 percent.The ministry also aims to install 2 million chargers in ordinary households for electric,
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April 13, 2010. Vancouver, BC -- (SOURCE: MarketWire) A total of 6,250,000 Units (“Units”) were issued at a price of $0.80 per Unit. Each Unit is comprised of one fully paid and non-assessable common share (a “Share”) in the capital of the Company and one-half of one transferable common share purchase warrant (a “Warrant”). Each whole Warrant
Continue reading "MEDIA: Hudson Closes $5,000,000 Private Placement" »
April 12, 2010. Vancouver, BC -- (SOURCE: MarketWatch) Search Minerals Inc. (SMY or the Company) (CA:SMY) and Great Western Minerals Group Ltd. (GWG)(CA:GWG) of Saskatchewan, are pleased to announce that GWG and Alterra Resources Inc. (Alterra), a wholly-owned subsidiary of the Company, have entered into an option agreement (the Letter Agreement) whereby GWG can acquire (the Acquisition)
Continue reading "NEWS: Alterra Resources Inc. and Great Western Minerals Group to Explore Labrador Rare Earth Property" »
Ian started our week off with an article on the movement aware from the use of incandescent light bulbs to compact fluorescent and LED lighting solutions. Using the right materials for LEDs is important to ensure brightness and effective heat dissipation. Rare earth metals such as gadolinium, cerium, terbium, europium and yttrium are essential to make the
Continue reading "BLOG: RareMetalBlog Week in Review: 04/05/10 - 04/11/10" »
It was reported last week (April 6th) that Japan’s Hitachi Ltd. has developed a material that can double the life of lithium ion batteries. The company apparently has an eye on the anticipated demand for rechargeable storage batteries required for smart grids (which is interesting in itself – please see the second half of this commentary). Hitachi
Continue reading "BLOG: Hitachi Doubling Life of Rechargeable Lithium Batteries for Smart Grid " »
I received what I thought was a relatively innocent question the other day “ Any REEs in tires? (...Oh, the joys of tweets and twitter and what it hasbrought to art of communication). My immediate thought was that the gent who asked the question must be kidding, but prudent as we try to be at RMB, I
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I believe you find the following commentary by Dr. Chen Zhanheng, Deputy Director of the Office of the Chinese Society of Rare Earths, in Beijingboth interesting and an easy read. It certainly does not require an introduction.I have taken the liberty of reprinting the April 6th commentary below.The original text, which includes easy links to the figures,
Continue reading "The Development and Policies of China Rare Earth industry, as seen by Dr. Chen Zhanheng" »
After the conclusion of the Rare Metal Summit in Los Angeles yesterday, I sat in on an interview of Gary Billingsley, Executive Chairman of Great Western Minerals Group, conducted by Jack Lifton, who chaired the event. You can see the discussion in the following video:-- Gareth Hatch
Continue reading "BLOG: Jack Lifton & Gary Billingsley Discuss The Steenkampskraal Mine" »
I’m not sure if there are any rules, but if I posted a commentary on some of the new permanent magnet wind turbine designs in the works by GE and by Sway/Smartmotors (which I did yesterday)… then I opened an e-mail this morning that containedthe American Wind Energy Associations 2009 Annual report, and I wish to share
Continue reading "MEDIA: U.S. Wind Capacity Grew by 10,000 MW in 2009" »
April 9 VANCOUVER, (Source:CNW) - Tasman Metals Ltd. (Tasman or the Company) (TSXV - TSM; Frankfurt - T61). Mr Mark Saxon, President and CEO, announces that the Company has signed a binding Option and Joint Venture Agreement to acquire a 90% interest in the Bastnas rare earth element (REE) project in south central Sweden. The project vendor
Continue reading "NEWS: Tasman Expands Rare Earth Element Portfolio with the Bastnas Project, Sweden Historic Sampling Discovered High Grade REE's with Gold " »
…it’s the last panel of the day and RareMetalBlog Editor in Chief Gareth Hatch, PhD CEng FIMMM and Director of Technology, DEXTER MAGNETIC TECHNOLOGIES, INC. is Moderator. The topic is “Magnets Magnetic Materials: Strategies for Managing Supply Risk” and the panelists include the following world renown industry players: Karl Gschneidner, PhD, FASM FTMS FAPS; Anson Marston --
Continue reading "BLOG: “Crisis Drives Education.”" »
Just sipping black coffee and waking up quickly with the charismatic Jack Lifton, Independent Consultant/Editor Publisher, The Jack Lifton Report and Senior Fellow, Institute for Analysis of Global Securitymoderating and kicking off the Rare Metal Summit in LA’s first panel this morning, keynote panelists include the following: David Cammarota, Director-Office of Material Industries, US Department of Commerce;
Continue reading "BLOG: Why Goldman Sachs Really Left MOLYCORP?" »
Respectfully, John Nadler, Senior Analyst for KITCO just gave the best presentationtoday at the Rare Metal Summit. He has the audience quite excited with his presentation titled “PGMs: White-Hot”. He started by saying “I do not advocate buying gold to make money but to preserve capital.” And then added that he had a 88% success rate. While
Continue reading "BLOG: John Nadler's Rare Metal Summit Presentation includes Platinum, Palladium and Rhodium Forecast." »
Allow me to confess – I showed up late for the Rare Metals Summit this morning. Sliding into the “Global demand for rare earth magnets in hard disk drives, CDs/DVDs and cell phones” as presented from Dr. Irving Mintzer, PhD, Principal, MEG LLC – it’s my goal to blog for the investment audience interested in developing their
Continue reading "BLOG: Global Demand for Neodynium-Iron-Boron Magnets in Electronic Industry." »
I was just reading in the April 2010 edition of the American Ceramics Society’s Bulletin, in which it reported that the Scandinavian energy company Sway is developing what could be the World’s largest Wind Turbine…a 10 MW unit targeted for offshore application. The unit is expected to stand some 533 feet tall with a rotor (blade tip
Continue reading "BLOG: The Bigger They Are, The Harder They Churn. Not Really, Not With Permanent Magnets " »
Rouyn-Noranda, Canada, April 06, 2010. Fieldex Exploration Inc. (FLX: TSXV and F7E: Frankfurt) is very pleased to announce today that it has entered into an agreement to purchase a 100% interest in 635 mineral claims representing 15,550 hectares (155.5 sq.km), covering 100% of the Michikamats anomaly in Labrador. The Michikamats anomaly has many strong similarities to Quest
Continue reading "NEWS: Fieldex Acquires Ownership of 100% of the Michikamats Property Labrador" »
The beginning of last week saw an announcement from Avalon Rare Metals that it has successfully developed a hydrometallurgical process for extracting REEs out of its mineral concentrates. This was followed by news from Fieldex Exploration that it has entered into an option agreement with Mantis Mineral Corp to acquire an interest in a number of lithium-tantalum-rich
Continue reading "RareMetalBlog Week in Review: 03/29/10 - 04/04/10" »
Apparently, between 1832 and 1839 (the exact year is uncertain), Robert Anderson of Scotland invented the first crude electric carriage. A small-scale electric car was designed by Professor Stratingh of Groningen, Holland, and built by his assistant Christopher Becker in 1835. Practical and more successful electric road vehicles were invented by both American Thomas Davenport and Scotsmen
Continue reading "BLOG: FedEx is placing its ground transport chips on electric. " »
Jaymi Heimbuch, reported on Science Technology (March 20th) that after shipping nearly 4.07 billion incandescent light bulbs over the last hundred of so years, Toshiba is shutting down its production of what will ultimately become a technology dinosaur. It has already and will continue to shift its focus on greener technologies like compact fluorescent (CFLs) and light-emitting
Continue reading "BLOG: Incandescent Bulbs -- Whoa! CFLs and LEDs are the Future with the support of HREE Phosphors" »
The 2010 Annual Meeting of the Society for Mining, Metallurgy Exploration [SME] was held in Phoenix, Arizona at the beginning of last month. The SME has now made a number of the presentations available for download [a hat tip to Clint Cox for letting us know]: Critical and Strategic Failure of Rare Earth Resources by Jim Kennedy
Continue reading "SME Presentations on Rare Earths Now Available Online" »
April 01, 2010 - Saskatoon Saskatchewan - Great Western Minerals Group Ltd. (TSX:V - “GWG”) and Toyota Tsusho Corporation (Tokyo Stock Exchange - “8015T”; Nagoya Stock Exchange - “8015NG”), announced today that Toyota Tsusho Corporation (TTC), will not be proceeding with further exploration activities at the Douglas River and Benjamin River properties currently held by Great Western
Continue reading "NEWS: Great Western Minerals Group And Toyota Tsusho Corporation Allow Letter Of Intent To Expire" »
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