The EU, USA, Japan, and numerous other regions identify rare earth elements as critical materials due to growing supply risks and their increasing economic importance in the green transition. Although critical rare earth elements have diverse technology applications – including in lighting, catalysis, and batteries – permanent magnets have become central to rare earth supply and demand challenge […]
Uranium mining company Energy Fuels, riding a wave of high prices for its radioactive ore, has commissioned its mill in White Pass, Utah to add commercial production of neodymium praseodymium as a secondary product. With two new deals tapping properties in Australia and Madagascar, and a key executive appointment, the company is advancing further toward becoming a significant supplier of processed magnetic rare earths in North America. […]
Recent declines in prices for rare earth magnetic materials are evident in the latest financial reports of leading producers, with the impact varying by their activities and positions in the market. This article deals with the quarterly reports for the three months ended June 30 which have been issued by three companies – MP Materials, Neo Performance Materials and Lynas Rare Earths. […]
Cyclic Materials, a startup advanced metals recycling company in Canada intent on building a circular supply chain for rare earth elements (REEs) and other critical metals, has expanded its operations to accept two new feedstock […]
A torrent of financing commitments and infrastructure development are centered around Hastings Technology Metals of Perth, Australia as it builds toward the start of production in early 2025 at its Yangibana Rare Earths Project in remote Western Australia. […]
In the sandplains of Western Australia, a small regional community called Eneabba is at the centre of what is set to become a globally significant and strategic hub for the downstream processing of rare earth resources, a critical component of permanent magnets. […]
By 2030 annual production of EVs is expected to increase roughly ten-fold to 25-30 million, creating a need to more than double global supply of the rare earth elements, neodymium and praseodymium (NdPr), to meet the EV traction motor market requirement.
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes