The global mining flotation chemicals market is poised for expansion, with an estimated increase of USD 3.00 billion from 2024 to 2028, marking a growth rate of 5.13% annually during the forecast period. The Asia-Pacific (APAC) region is expected to contribute significantly, accounting for 37% of the global market growth. The demand in APAC is primarily driven by its abundant...
Rare_Earth news
MTM Critical Metals Advances REE Recovery with Flash Joule Heating Prototype
MTM Critical Metals has announced significant progress in the recovery of Rare Earth Elements (REE) and critical metals from coal fly ash using its Flash Joule Heating (FJH) prototype. This innovative technology has demonstrated a more than 50% improvement in the acid leachability of these elements, which is a substantial increase compared to traditional acid leach methods. The initial prototype...
Bell Potter Optimistic on Lynas Rare Earths Amid Favorable Market Conditions
Bell Potter, a prominent brokerage firm, maintains a positive outlook on Lynas Rare Earths, supported by the current price levels of neodymium and praseodymium, which are believed to be nearing the bottom of the cost curve. Analyst Regan Burrows highlighted in a recent note that the potential for medium-term price increases significantly outweighs the risks of price declines. Further bolstering...
Namibia Critical Metals Expands Rare Earth Resources at Lofdal Project
Namibia Critical Metals, a TSX-listed company, has announced significant updates to the mineral resource estimate for its Lofdal Heavy Rare Earth Project in Namibia. Following a comprehensive infill drilling campaign completed in 2023, the company reported an increase in combined measured and indicated mineral resources from 44.8 million tonnes at 0.17% total rare earth oxides (TREO) to 58.5 million tonnes...
India Seeks International Partnerships for Critical Mineral Processing Tech
India is actively seeking collaborations with leading critical mineral producers worldwide, including the United States, Australia, the United Kingdom, South Korea, and Japan, to import processing technology into the country. This initiative aligns with India’s strategy to auction critical mineral mines and emphasizes the government’s ambition to establish domestic processing facilities for these valuable resources. Officials from the mines ministry...
Weekly Metals News Digest – March 25-29
Pioneering Copper Recycling for Advanced Manufacturing in South Korea LG Cable, recognized as South Korea’s premier cable and wire manufacturer, has unveiled a significant technological advancement in copper foil production. This innovation facilitates the creation of copper foil directly from the copper scrap generated during the manufacturing of cable and wire products. Copper foil plays a crucial role in the...
Rosatom Set to Spearhead Russia’s Rare Earth Production with New Plant by 2026
Rosatom is on track to significantly bolster Russia’s rare-earth metals (REM) production capabilities with the anticipated completion of a new production facility by the end of 2026. Ruslan Dimukhamedov, the Chairman of the Association of Producers and Consumers of Rare and Rare Earth Metals and General Director of the JSC Solikamsk Magnesium Plant (a Rosatom entity), unveiled plans for the...
Ionic Rare Earths Advances Uganda’s Makuutu Rare Earth Project with Pilot Plant Launch
Ionic Rare Earths has reached a significant milestone in the development of its Makuutu rare earths project in Uganda, with the completion and commissioning of the Stage 1 technical facilities and pilot plant. Managed by Rwenzori Rare Metals, Ionic’s local Ugandan operating entity, the Makuutu mine is on the cusp of a new era, poised to cater to the burgeoning...
Pacific Bay Minerals Expands its Portfolio with Rare Earth Elements Property in British Columbia
Pacific Bay Minerals, a Vancouver-based mineral exploration company, has announced the acquisition of the Sphinx Mountain Rare Earth Elements Project located in Northern British Columbia, about 50 kilometers northeast of Dease Lake. The property, previously under Pacific Bay’s ownership, was subject to a 2011 work program that built upon high stream sediment sample data from the British Columbia Geology Survey...
Rare Earth Exploration Advances at Campo Grande Project
Equinox Resources has initiated a significant step forward in its Campo Grande Project in Bahia, Brazil, with the discovery of multiple rare earth element (REE) outcrops and saprolitic clay formations across its targeted areas. The project, spanning 1,755.2 kmĀ², has received environmental and land access authorizations, paving the way for the commencement of the company’s first drilling operations. This development...