January 24, 2011 (Source: WSJ) -- Japan announced a 15.2 billion yen ($185.7 million) plan Friday to cut its reliance on imports of key Chinese rare earth metals by roughly a third, underling the governments efforts to protect its manufacturers from potential supply restrictions by Beijing. Alarmed by a temporary—but sharp—cut in imports of rare-earth minerals from
Continue reading "Japan Offers Rare-Earth Subsidies" »
February 28, 2011 (Source: IBTimes) -- The value of Chinas exports of rare earth ore, metals and compounds in January jumped nearly fivefold, or 376 per cent, from a year earlier to $148.3 million, the Nikkei reported Monday citing a report from semiofficial China Customs Statistics published over the weekend by the Hong Kong-based Economic Information Agency.The
Continue reading "China January rare earth export surges five fold" »
February 28, 2011 (Source: Business Wire) -- Molycorp Inc. (NYSE: MCP) announced today it will release financial results for the fourth quarter ended December 31, 2010 after the market closes on Wednesday, March 9, followed by an investor conference call at 4:30 p.m. EDT. Mark Smith, Chief Executive Officer, and James Allen, Chief Financial Officer, will host
Continue reading "Molycorp To Report Fourth Quarter 2010 Financial Results on March 9" »
LED lights have been widely hailed as a safer, greener choice compared to fluorescent bulbs, which contain mercury. The demand for LEDs is also growing dramatically in light of (excuse the expression) European and U.S. government policies requiring that standard 40, 60 and 100-watt incandescent light bulbs be banned by more energy efficient, but same light output
Continue reading "Study looks at toxic metal content of LEDs" »
Add Angola to your Australian REE explorer watch list. An Australian junior explorer, Black Fire Minerals (ASX:BFE) has taken an option over the Longonjo REE project in central Angola. The company would, if the deal goes through, own 70 per cent of the 3600 square kilometre project. Previous exploration has identified an REE anomaly with assays peaking
Continue reading "The Down Under REE Report: new in Angola, surprise in Queensland" »
SolarPVT™ was developed using a highly efficient thermal panel, which was specifically designed to generate hot water in cooler climates. Naked energy added photovoltaic (electric) cells to enable the panel to generate both electricity and hot water, unlike traditional panels which only produce the latter. Earlier in the month the awards for Shell Oil UK’s “Shell Springboard
Continue reading "The London REE Report: Little Acorns." »
The latest news from Japan - that it wants to reduce its use of rare earths and is prepared to subsidise new technologies to that end as well as finding new sources of supply - takes some de-coding. As reported earlier on RareMetalBlog, “Japan has unveiled an $80 billion subsidy program to cut the use of rare
Continue reading "Deciphering the latest Japan REE move" »
According to the Financial Times today Japan has unveiled an $80 billion subsidy program to “cut the use of rare earth minerals in its vehicles and electronic goods. The move comes in response to the new and lower flow of rare earths from China after that country decreased shipments to Japan in the wake of a diplomatic
Continue reading "Japanese Government Announces New Rare Earth Policy. " »
Alaska State Governor, Sean Parnell, has written a letter to United States President Obama, warning the president to the dangers of Chinese-dominated supply. Parnell also urges the President to direct federal agencies to facilitate the creation of a domestic REE supply chain. Here are a couple of interesting bits from the text: Federal government lands make up
Continue reading "Rare Earth Letter to Obama. " »
February 24, 2011 (Source: Marketwire) -- Peter Dickie, President and CEO of Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3) has endorsed recommendations in a recent report on energy-critical materials. Dickie said the report, by the American Physical Society (APS) and the Materials Research Society (MRS), is a wake-up call about the critical need to find, develop, and
Continue reading "Quantum Rare Earth CEO Terms New Study "A Wake-Up Call"" »
February 24, 2011 (Source: GWMG) – Great Western Minerals Group Ltd. (“GWMG”, TSX:V – GWG) announces that it is holding advanced discussions with several companies with the intent of engaging a partner in the construction of a Rare Earths separation plant in South Africa. The separation plant, which would process the mixed rare earth chloride, that is
Continue reading "Great Western Minerals Group In Advanced Discussions On Rare Eearth Separation Plant" »
February 23, 2011 (Source: Business Wire) -- The United States Magnetic Materials Association (“USMMA”), a trade association dedicated to restoring a secure rare earth supply-chain to support the domestic manufacturing of rare earth permanent magnets, today countered a recent study by the American Physical Society and Materials Research Society. In response, the USMMA is calling on the
Continue reading "USMMA Calls for Rare Earth Strategic Reserve" »
February 24, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM) (Pele or the Company) today announced the completion of a NI 43-101 Resource Estimate ( the Resource Estimate) which for the first time includes both uranium oxide and rare earth oxides (REO) at its Eco Ridge Mine Uranium and Rare Earths Project in Elliot
Continue reading "Pele Mountain Announces Total Rare Earth Oxide Resources of 52-Million Pounds Indicated Plus 96-Million Pounds Inferred" »
February 24, 2011 (Source: Marketwire) --BE Resources Inc. (TSX VENTURE:BER) (BE or the Company) announced that it has been granted a modification to the exploration permit at its Warm Springs Beryllium Project, located in Socorro County, New Mexico. The Company now has permission to drill an additional 12 holes within the boundaries of its initial permit area.
Continue reading "BE Resources Has Commenced Work on 12 Hole Drill Program at Its Warm Springs Beryllium Project" »
Sampling and surveys can tell you what is likely to be under the ground, but it is only the actual drill bit which can prove or disprove geological theories and estimates. And much hangs on the program of drilling about to be undertaken in Western Australia by Northern Minerals (ASX:NTU). The reason: this company has been getting
Continue reading "Down Under REE report: drilling for HREE success" »
Last week Korean carmaker Hyundai filed changes to its articles of incorporation allowing it to go about securing rare earth resources. According to a Hyundai spokesperson the company has made rare earths a priority as the company gets set to launch an electric vehicle. We will make efforts to vigorously secure rare earths and other rare resources
Continue reading "Hyundai and Rare Earths: Entering the “Zone of Uncertainty”" »
February 23, 2011 (Source: NYC) -- Technologies for green or renewable-energy devices like batteries, solar cells and advanced electric motors are dependent on critical metals and other elements that are threatened by major shortages, two influential American scientific groups said in a report Friday. And China’s chokehold on the chemical elements known as rare earths is just
Continue reading "Scientists Call for New Sources of Critical Elements" »
February 23, 2011 (Source: Marketwire) -- Artha Resources Corporation (TSX VENTURE:AHC) is pleased to announce that the company has continued to add to its large and strategic rare earth property portfolio in northern Argentina (Map 1) through the recent staking of 60,000 hectares of ground in Jasimampa area in the Sierra Norte de Córdoba of Argentina Santiago
Continue reading "Artha Resources Corporation: Argentina-New Rare Earth Property Staked" »
February 23, 2011 (Source: Otawa Citizen) In the Mojave Desert just off Interstate 15 on the way to Las Vegas, workers are digging for dirt that may be worth far more than a casino full of chips.The massive hole is about to get even bigger. Molycorp Inc., which owns the open mine, plans to dig out about
Continue reading "U.S. scrambles to exit rare earths hole" »
February 23, 2011 (Source: Marketwire) -- Great Western Minerals Group Ltd. (GWMG or the Company) (TSX VENTURE:GWG) (OTCQX:GWMGF) announces that it has committed to an exploration program at the Companys Steenkampskraal site in South Africa in conjunction with the ongoing feasibility work being carried out by SRK Consulting.GWMG will invest a minimum of $1.5 Million (Cdn.) in
Continue reading "Great Western Minerals Group to Launch Steenkampskraal Exploration Program" »
February 23, 2011 (Source: PRNewswire) -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the worlds largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Alkane Resources Ltd. (ASX: ALK; OTCQX: ANLKY), a multi commodity explorer and miner, has chosen to have its American Depositary Receipts (ADRs)
Continue reading "Alkane Resources Ltd. Joins OTCQX" »
February 23, 2011 (Source: Marketwire) -- IBC Advanced Alloys Corp. (TSX VENTURE:IB) (IBC or the Company) has successfully completed the data analysis of its previously disclosed airborne survey of the Companys beryllium claims in Juab County, Utah flown in 2010.The completed data analysis has identified several high interest target zones (TZ) that will be the subject of
Continue reading "IBC Advanced Alloys Reports Positive Results from Completed Airborne Survey" »
But a victory is likely to pave the way for the US to file a separate WTO complaint on the rare-earths policy, trade analysts said. Last Friday the Wall Street Journal ran an article stating that the World Trade Organisation was about to issue a preliminary finding concluding that China had no legal right to impose export
Continue reading "The London REE Report: WTO v China & Raw Materials." »
February 21, 2011 (Source: SMH) -- Hyundai, South Koreas top carmaker, said that it was seeking to secure rare earth metals used in electric and hybrid cars, as the industry braces for a possible shortage of the minerals.Rare earth metals like neodymium are used in the powerful magnets in motors that are a key component for electric
Continue reading "Hyundai looks to secure rare earth supplies" »
February 22, 2011 (Source: PRNewswire) -- Texas Rare Earth Resources Corp. (Pink Sheets: TRER) announces that it has elected retired four star Air Force General Gregory Speedy Martin to its Board of Directors.General Martins, USAF (retired), final assignment was as the Commander, Air Force Materiel Command. In that capacity, he led nearly 80,000 personnel. Included under his
Continue reading "Texas Rare Earth Resources Corp. Elects General Gregory S. Martin to its Board of Directors" »
February 20, 2011 (Source: ABC) --A Canadian company hoping to compete with Chinas near-monopoly of rare earth elements — metals critical for everything from U.S. military weaponry to wind turbines — wants to open a strip mine inside a national forest in northeast Wyoming. Processing raw ore into rare earths is an intensive operation that has been
Continue reading "In Wyoming, Push to Mine Rare Earths in US Forest" »
SAN FRANCISCO – Friday, February 18, 2011 – ECOtality, Inc. (NASDAQ:ECTY), a leader in clean electric transportation and storage technologies, announced today it would host four informational forums throughout Tennessee to educate businesses on how to become electric vehicle (EV) ready. The forums will provide updates on The EV Project, the largest rollout of electric vehicles and
Continue reading "The London REE Report: Gearing Up for EVs" »
February 18, 2011 (Source: Stans Energy) -- On February 18, 2011, the shareholders of the Kyrgyz Chemical Metallurgical Plant (KCMP) held their annual general meeting, and officially voted in favour of the deal structure to complete the previously announced transaction between KMCP and Stans Energy Corp (See Stans’ press release January 13, 2011) for Stans to buy
Continue reading "KCMP Shareholders Approve Deal Structure for Stans Energy Corp to Acquire 100% of KCMP’s HREE Processing Complex" »
February 18, 2011 (Source: WSJ) -- The World Trade Organization on Friday will issue a preliminary report concluding that China has no legal right to impose export restrictions on nine raw materials, say trade diplomats and lawyers familiar with the case.The quotas, license requirements and other measures on industrial ingredients such as zinc and coke, many vital
Continue reading "Trade Judges See Flaw in China Policies: Preliminary WTO Report Finds No Case For Some of Beijing's Export Restrictions" »
Mackie Research Capital Corporation announced this week it is initiating coverage of Avalon Rare Metals Inc. The brokerage has slapped a Buy rating on the stock and a target price of $10.50 a share. Here are some key quotes from the report:
Continue reading "Rare Earth Sector Continues to Mature. " »
February 18, 2011 (Source: Bloomberg) -- Rare-earth companies in China, the world’s biggest producer, rose in Shanghai and Shenzhen trading after the government announced plans to develop the industry. Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. rose as much as 8.9 percent to 80.20 yuan, the highest since Nov. 15, in Shanghai, trading at 77.18 yuan as
Continue reading "China Rare Earth Stocks Advance on Development Plan" »
February 18, 2011 (Source: The Hindu) -- For the first time in seven years, India will begin the export of rare earth minerals, said government sources here on Thursday.India is set to export about 6,000 tonnes of rare earth chloride to a Japanese company, marking its first entry into the rare earth exporters club, which is now
Continue reading "India to resume rare earth exports after seven years" »
February 17, 2011 (Source: Reuters) -- Shares of Avalon Rare Metals (AVL.TO: Quote) were up more than 9 percent early on Thursday afternoon after Mackie Research initiated coverage on the rare earth exploration company with a speculative buy rating.Mackie Research analyst Matt Gowing said he sees Avalon as undervalued and set a C$10.50 target price for its
Continue reading "Avalon Rare Metals hits year high on analyst rating" »
February 17, 2011 (Source: Xinhua) -- Industry experts expect the Chinese government to launch a series of detailed rules to upgrade the rare earth industry after Premier Wen Jiabao announced a five-year policy guideline for the industry on Wednesday.It was the first time that the central government had set a timetable to regulate and develop the rare
Continue reading "China tackles rare earth industry reshuffle" »
February 16, 2011 (Source: PRNewswire) -- Rare Element Resources Ltd. (TSX-V: RES) (AMEX: REE) (the Company) is pleased to announce the appointment of Mr. George G. Byers as Vice President - Government and Community Relations. In this role he will lead an initiative to foster community and government support for the development and production of rare earths
Continue reading "Rare Element Appoints George Byers as VP - Government & Community Relations for the Bear Lodge Rare-Earths Project" »
Quebec-based rare earth miner GéoMégA announced new drill results this week that seemed to please investors. The companys drills turned up total rare earth oxides of 1.38% over the entire 512.7 meter core length with a 2.28% TREO over 51.8 meters. Neodymium oxide came in at 0.24% (2.4 kg per ton) over the entire core length, with
Continue reading "GeoMega Attracts Attention With Results." »
VANCOUVER, BC - (Source IBC) -- IBC Advanced Alloys Corp. (TSX-V:IB) (IBC or the Company) announces that it has signed a Memorandum of Understanding (the MOU) with Global Nuclear Fuel America (GNF-A) to improve the efficiency of nuclear fuel by adding Beryllium Oxide. Based in Wilmington, N.C., GNF is a GE (NYSE:GE) joint venture with Hitachi Ltd.
Continue reading "IBC Signs Agreement to Develop Advanced BeO Nuclear Fuel" »
Students educating students... what could be better! I came across Jeremy Pardo's thoughtful article in the February 10th edition of the Outlook Student Press, the student newspaper of SUNY Rockland Community College. The Outlook Student Press is published every other week except during exam periods. It is an independent newspaper and public forum produced by students and
Continue reading "The Future of Light Bulbs: What New Technologies will do for the Environment" »
February 16, 2011 (Source: Reuters) -- Several developments within the last few days suggest that concern regarding rare earth metals is moving to the forefront of the U.S. security discourse. Last week the America Security Project, a non-profit public policy and research organisation, released a new report entitled Rare Earth Metals and U.S. National Security. The report
Continue reading "Rare Earth Metals and Military Readiness" »
The rare earth sector: It’s new. It’s complex. It’s misunderstood. Consider a report that ran recently on the Reuters news network that analyzed various market players and made some controversial stock picks. The writer of the story, Julie Gordon, suggested companies mining lower-graded deposits will have trouble competing against industry heavyweights such as Lynas Corp. and Molycorp
Continue reading "Shining Some Light On Heavy Rare Earths. " »
February 16, 2011 (Source: Reuters) -- China announced a shake-up of its rare earths industry on Wednesday, vowing reasonable quotas on mining and exports to bring order to the small but strategic sector where its dominance has spooked foreign buyers. China produces about 97 percent of the global supply of the minerals used in smartphones, electric car
Continue reading "China to shake up rare earth industry" »
February 16, 2011 (Source: WSJ) --Indias trade minister said he and Japanese officials are talking about how the two countries can continue working together on rare-earth resources, as nations jockey to reduce their dependence on China.It definitely figured in our discussions, Commerce and Industry Minister Anand Sharma said Wednesday of the key industrial minerals. He met earlier
Continue reading "India and Japan Look to Expand Rare-Earth Alliance" »
February 16, 2011 (Source: Usetdas) -- Rare Earth Metals Inc. (RA - TSX Venture), (Rare Earth Metals or the Company)is pleased to announce exploration plans for 2011. The Company will focus on further testing areas of significant rare earth element mineralization on its Red Wine and Clay-Howells properties for near surface resources.A 2000 meter drill program is
Continue reading "Rare Earth Metals Announces 2011 Exploration Plans for Clay-Howells and Red Wine Projects" »
February 16, 2011 (Source: Bloomberg) -- China will streamline its rare earth industry over five years, state-run Xinhua News Agency said, citing Premier Wen Jiabao. China will take “stricter” measures to control mining of rare earths and lift environmental standards, while continuing to cap production and exports with the quota system, Xinhua said, citing Wen. China controls
Continue reading "China to Streamline Rare-Earth Industry, Xinhua Says" »
And, to absorb the large swings in generation provided by wind and solar projects in the Great Plains, Texas and the Desert Southwest, Tres Amigas aims to install utility-scale batteries, a still-developing area of technology. The EU has long had a plan to integrate the differing national power grids into something approaching a continental sized power grid.
Continue reading "The London REE Report: Interconnecting Three US Grids." »
February 15, 2011 (Source: Peoples Daily) -- China has centralized its rare earth and iron mining system by specifying the first 13 state-planned mining zones last month. The main purposes, according to the Ministry of Land and Resources, are to protect the environment and facilitate the sustainable development of the countrys strategic natural resources, according to a
Continue reading "China's new rule to make sustainable use of rare earth, iron" »
In case you were wondering about the new logo on the front page thats the new look of the REE World Association, a nascent organization dedicated to discussing issues, policy and outlooks in the rare earth sector. A western-based rare earth industry is coming into existence after a generation of decay and so there is a need
Continue reading "Brand New For 2011: The REE World Association." »
February 15, 2011 (Source: Prnewswire) --Texas Rare Earth Resources (Pink Sheets: TRER) announces that it has expanded its equity private placement financing announced February 1 by closing on an additional $2.0 million to bring the total capital raised to $4 million. The additional $2 million was provided by an institutional investor. The funds will be used primarily
Continue reading "Texas Rare Earth Resources Corp. Expands Financing" »
February 14, 2011 (Source: Marketwire) --Dacha Strategic Metals Inc. (Dacha or the Company) (TSX VENTURE:DSM)(OTCQX:DCHAF) announced today that its estimated net asset value (NAV) at January 31, 2011 was CDN$0.51 per share based on 73.1 million shares outstanding. NAV is calculated on the market value of the Companys physical inventory plus other historical assets and working capital.
Continue reading "Dacha Reports Net Asset Value at $0.51 Per Share" »
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