West Virginia Gov. Jim Justice announced that Omnis Sublimation Recovery Technologies (OSRT) would build a rare earth metal extraction facility in Wyoming County. Justice added that the company would invest $60 million in the proj…
Japanese company's new magnet to help makers ward off supply chain snags TOKYO -- Hitachi Metals is working with manufacturers to develop motors for electric vehicles that use fewer rare earth metals, which are largely obtained fr…
Namibia Critical Metals continues to advance the Lofdal Heavy Rare Earth project in Namibia with its JOGMEC joint venture partner. The project is projected to generate a life of mine nominal cash flow of USD$1.1 billion pre-tax ov…
Neodymium is found in ore minerals like bastnasie and monazite. Ion exchange and solvent extraction processes commercially extract it. The augmented awareness about electric vehicles and the successive increase in the demand for t…
UK Foreign Secretary James Cleverly announced this week that the UK and South Africa were establishing a new Partnership on Minerals for Future Clean Energy Technologies to promote increased responsible exploration, production and…
Metals like lithium and rare earths are considered crucial to the green and digital transition. Amid a global scramble to access these resources, the EU is aiming to secure its piece of the cake by enacting new legislation – the C…