Posts Tagged ‘rare earths of the world’

Seven rare earth minerals that run our world-Infographic shows it all here

Wednesday, August 17th, 2016

7-Rare-Earth-elements-that-run-our-world-infographic chart image www.www-globalcommodities.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date_Hottest_Girls_300_250

 

 

 

 

 

 

Henry Sapiecha

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lynas heading for full forward of rare earths in Malaysian processing plant

Friday, July 4th, 2014

Lynas-heading-for-full-rare-earths-image www.www-globalcommodities.com

Australian rare earths producer Lynas (ASX:LYC) said Thursday that it is close to generating steady output at its recently commissioned Malaysian processing plant and that it expects to reach its initial rate target by December.

Investors apparently shrugged off the news, with the Sydney-based company’s shares falling 7% to close at 13 cents.

The firm has struggled to increase output due to production problems at its Lynas Advance Material Plant (LAMP) in Malaysia. Construction of the plant began in November 2011 but the facility faced fierce opposition for years.

Lynas, one of only two miners of the coveted elements outside China, has also been plagued by financial difficulties.

According to The Sydney Morning Herald, the company will relocate its head office to Kuala Lumpur as part of fresh efforts to cut costs and streamline operations.

The newspaper said the move will result in an unspecified number of layoffs.

“I am very focused on addressing those areas of our business where we have been underperforming,” the newspaper quoted Amanda Lacaze, the company’s new chief executive, as saying. “I have reviewed the business with the team and we have identified opportunities to improve cost, production and financial performance.”

The Aussie miner is not the only firm facing challenges to increasing rare earth output. US producer Molycorp (NYSE:MCP), which together with Lynas accounts for the bulk of rare earths outside China, has also been under pressure to expand capacity.

China, the world’s primary supplier of the metals used in electronics, missiles and cars, restricts its rare earths exports, driving up demand.

Henry Sapiecha

CALIFORNIA HAS THE ONLY ACTIVE RARE EARTH MINE IN THE USA

Tuesday, June 4th, 2013

WYOMING RARE EARTHS MINE RELEASES LATEST REPORT

Wyoming-300x250

Wyoming released Monday its new statewide survey of rare earth elements with promising results.

The Wyoming State Geological Survey completed an investigative report — including samples, maps, measured and recorded amounts — on the minerals to encourage further commercial exploration.

Through the scientific study, the WSGS has confirmed that rare earth elements occur across the state. For example, data indicates 20 sites produced samples with at least five times the average crustal abundance of rare earths — a positive measurement for deeper examination.

The report is available for download from the WSGS site.

Additionally, WSGS has established the Wyoming Database of Geology (Wyo-DOG) to assist in future geological studies. The database includes all elemental analyses along with brief write-ups and photographs of most samples and sites.

The Bear Lodge deposit, near the town of Sundance in northeastern Wyoming, is considered one of the largest potential sources of the minerals in North America.

Currently, Molycorp’s Mountain Pass operation in California is the only active mine in the US.

Henry Sapiecha

fine gold line

RARE EARTH QUOTA EXPORTS CURBED BY CHINA

Wednesday, December 29th, 2010
China cuts rare earth export quotas, U.S. concerned

December 28, 2010 02:56 PM ET
BEIJING (Reuters) – China announced on Tuesday it will cut its export quotas for rare earth minerals by more than 11 percent in the first half of 2011, further shrinking supplies of metals needed to make a range of high-tech products after Beijing slashed quotas for 2010. | Full Article

Sourced & published by Henry Sapiecha

Categories
Search