London Commodity Markets: Rare Earth elements

Showing posts with label Rare Earth elements. Show all posts

Global rare earth metals market is expected to reach USD 8.19 billion by 2018

London Commodity Markets are a leading Commodities Investments Company offering investors advice and bringing you the latest news from the various investment classes.

According to a recent Press Release: The global rare earth metals market is expected to reach USD 8.19 billion by 2018

Molycorp Inc. owner of the largest rare-earth deposit outside China, reported a wider-than-expected loss after the company missed a production target and prices for the commodities declined.

The fourth-quarter net loss was $359.6 million, or $2.91 a share, the Greenwood Village, Colorado-based company said yesterday in a statement after the close of trading. The company reported net income of $26.6 million or 26 cents a year earlier.

U.S. Rare Earth's said Thursday that it will begin core sample drilling in the Sheep Creek area on Lemhi Pass in May. Rare earth minerals are key ingredients in advanced electronics like cellphones, wind turbines and hybrid car batteries. Of the 14 minerals in the category, nine are used in cellphones.

Call for more public consultation on Jamaica's rare earth elements pilot plant

The planned construction of a pilot plant to process rare earth minerals in one of the most sought after green areas of the capital city will go ahead despite opposition from environmental advocates who insist that there must be public consultation.

The Future Of AC Motors and Rare Earth Elements

Rare earth metals have invaded the 21st century and things will never be the same again. Most of modern day technology gadgets, tools, equipment and vehicles make used of rare earth metals in order to functions. Imagine the cell phones, laptops, tablets, TVs, wind turbines, solar cells and hybrid cars without rare earth metals, just simply not possible.

London Commodity Markets - Rare earth mineral firm waiting for data from Alaskan mine

Ucore Rare Metals Inc. hopes to soon have a better measure of its rare earth mineral resource in Alaska.
“It should lift our level of assuredness from inferred (resources) to indicated and measured,” Mark MacDonald, the Bedford company’s vice-president of business development, said Tuesday in an interview.
The company expects the resource update in about a month, MacDonald said.

Rare Earth Elements - News from China and Japan

China announced a stated 2012 export quota of 30,996 metric tons of rare earth elements but actually only exported 16,266 tons according to a report issued by the Government on January 21 2013, revealing that its exports of rare earth metals in 2012 were only 53% of the quantity it had planned to release.

China’s Actual Rare Earths Shipments in 2012 Down By 3.5%

Actual shipments of rare earths in 2012 by China reached only 16,265 metric tonnes, declining by 3.5 per cent versus a year ago, official data released by the China Customs Statistics Information Center Tuesday showed.

Japan Looking at Mining Rare Earth Elements from Seabed

Researchers at the University of Tokyo claim to have discovered rich deposits of rare earth elements off the coast of a chain of islands to the south of the capital city.

Rare earth recycling is once again making headlines, with experts in Taiwan stating that the country should be aiming to make the recycling of used electronic devices a major development goal moving forward.

Molycorp Directors buying own shares could signal Rare Earth Elements come back

Directors of rare earth mining giant Molycorp put their money where their mouths are last week, snapping up stock in the NYSE-listed company. The insider buying, which involved President and CEO Mark Smith, EVP and General Counsel John Ashburn and Director Charles Henry, follows August’s punchy $25m stock purchase by Chairman of the Board Ross Bhappu.

London Commodity Markets - The need to rapidly increase production

Rare earths light homes and superdomes, freeway signs and cigarettes. They play multiple roles in phones, computers, windmills and cars. They ease the pain of cancers in the bone, and they're sometimes the treatment itself. They can betray infinitesimal clots in the smallest arteries, and, as independent of morality as Prometheus' flame, guide Hellfire missiles to their ultimate, deadly end.

China's rare earth elements export restrictions are helping form new alliances

China's restriction of global access to its deposits of rare earth elements starting in 2010 changed the status of these materials in the global economy, creating new diplomatic alliances across Asia and increasing the importance of mining in trade agreements.

Rare Earth Miner Solo International begin prospecting in Quebec

Solo International an exploration and development mining company with a focus on deposits of rare earth metals and rare earth elements, has completed its initial survey which consisted of prospecting and locating historic apatite mine sites and sampling of the mine sites located.

Rare Earth Elements miner Quest Rare Minerals

Quest Rare Minerals is a well-funded Canadian-based mineral exploration and development company focused on the discovery and development of world-class Rare Earth Element (REE) deposits at its two prospective rare earth element properties located in Québec and Newfoundland, both some of the best mining jurisdictions in the world.

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