Materials/Manufacturing

Materials/Manufacturing

UK Funds Recycling Projects with Ionic Technologies & Partners 

November 20, 2024 Editorial Staff 0

Ionic Technologies, a Northern Ireland-based subsidiary of Australian minerals company Ionic Rare Earths, has secured significant new grant funding from the British government that support developing collaborative rare earth element supply chains within the UK. Two grants have been awarded under Innovate UK’s Climates program involving Ionic and several program partners — Vacuumschmelze, Less Common Metals, the Materials Processing Institute and Swansea University.

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Materials/Manufacturing

Shenghe to Acquire Neo’s Separation Assets in China for $30 Million; Backs Peak’s Tanzania Project for $96 Million 

October 15, 2024 Editorial Staff Comments Off on Shenghe to Acquire Neo’s Separation Assets in China for $30 Million; Backs Peak’s Tanzania Project for $96 Million 

Chinese rare earths company Shenghe Resources continues to build its footrprint as a globally connected rare earths company. In two recent moves, it pledged to invest $96 million in Australian minerals firm Peak Rare Earths that provides critical funding for its mine development in Tanzania and agreed to pay Toronto-based Neo Performance Materials $30 million to acquire processing assets of Neo in China. […]

Materials/Manufacturing

Explosives Pioneer Orica Rocks the Mining Industry with Magnetic Inductance Priming 

October 9, 2024 Editorial Staff Comments Off on Explosives Pioneer Orica Rocks the Mining Industry with Magnetic Inductance Priming 

150-years-young Orica has come up with a truly explosive way to apply the power of magnetic inductance that is rocking the mining industry. In the world of mining, innovation is not just a buzzword, asserts the company, it’s a necessity. As mines delve deeper and face increasingly challenging conditions, the need for advanced technologies becomes paramount. […]