R/€ = 20.3538 Change: -0.0283
R/$ = 19.1240 Change: 0.0301
Au 2340.13 $/oz Change: -51.71
Pt 935.40 $/oz Change: -8.10

Rare Earth Minerals News

China rare earths body offers cash rewards for illegal mining tipoffs

By: Reuters     11th July 2023 The China Rare Earth Industry Association will offer a cash reward for tipoffs on the illegal mining, processing and smuggling of rare earths, the association said on Wechat on Tuesday. The association statement said it will review submitted information and pass it on to relevant authorities if... 

Qld undertakes critical minerals trade mission to Asia

By: Esmarie Iannucci     10th July 2023 The Queensland government will head a trade mission to Japan, South Korea and Singapore to shore up investment in Queensland’s critical minerals, hydrogen and sustainable aviation fuel industries. Resources Minister Scott Stewart will also join the Premier for the South Korean leg to help... 

NioCorp announces offtake term sheet with Stellantis

By: Creamer Media Reporter      7th July 2023 Canada-headquartered NioCorp Developments has signed an offtake term sheet with automotive group Stellantis, outlining the framework for a ten-year contract to supply neodymium-praseodymium oxide, dysprosium oxide, and terbium oxide from the proposed Elk Creek mine, in Nebraska. The primary... 

McKinsey adds to warnings of metals shortages for clean energy

By: Bloomberg     5th July 2023 McKinsey & Co. joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years, potentially suppressing the adoption of electric cars, wind turbines and solar panels. These deficits likely will slow global decarbonization efforts by... 

Nickel is expected to face shortages of between 10% and 20% by the end of the decade.
Nickel is expected to face shortages of between 10% and 20% by the end of the decade.

Altona confirms another round of drilling on Moz rare earths project

By: Marleny Arnoldi     5th July 2023 London-listed Altona has confirmed a new drilling programme on the Monte Muambe rare earths project, in Mozambique, will start on July 15. The company has contracted Spartan Drilling Services for a third consecutive season to conduct in-fill and down-dip drilling, particularly at Target 4.  

WA strengthens critical minerals ties with Indonesia

By: Esmarie Iannucci     4th July 2023 The Western Australian government has signed a Plan of Action with Indonesia's Chamber of Commerce and Industry (KADIN) powering critical minerals investment and opportunities between the two regions. The agreement will further strengthen Western Australia's economic ties, trade, and supply... 

Image shows lithium ore stockpiled

Clean hydrogen could be virtually zero cost, US energy diplomat tells London Indaba 

By: Martin Creamer     30th June 2023 The main founders of the Inflation Reduction Act envision the US legislation as a clean energy bill to lower the costs of green energy technologies for everyone around the world as well as being emulated by especially those countries that have benefitted from emitting carbon into the air since... 

US Department of State Bureau of Energy Resources Office of Energy Transformation acting director Scott Woodard.
US Department of State Bureau of Energy Resources Office of Energy Transformation acting director Scott Woodard.

Private sector working with government on multiple work streams to end loadshedding  

By: Martin Creamer     29th June 2023 The private sector is so far working with government on six of the ten energy crisis work streams, for which business raised R100-million to procure skills and expertise for donation on an arm's length basis to the Presidency, within which the National Energy Crisis Committee (Necom) is housed.... 

Business for South Africa chairperson Martin Kingston
Business for South Africa chairperson Martin Kingston interviewed by Martin Creamer. Video: Darlene Creamer.

Longonjo’s initial capex requirement reduced to $200m

By: Tasneem Bulbulia     28th June 2023 London-listed Pensana has outlined details of a revised financing and development strategy which will see the Longonjo operation, in Angola, being fully funded into production. A revised execution plan allows for staged mine development, which will reduce the upfront capital expenditure (capex)... 

Rainbow signs agreement to obtain full ownership of Phalaborwa

By: Darren Parker     28th June 2023 Rare earths mining company Rainbow Rare Earths has signed an agreement with phosphate mining company Bosveld Phosphates to ensure it obtains 100% ownership of the Phalaborwa rare earths project, in Limpopo.  Under the terms of the agreement, Rainbow will receive an immediate 85% interest in the... 

Phalaborwa gypsum stacks
Phalaborwa gypsum stacks

NASA sees moon lunar mining trial within the next decade

By: Reuters     28th June 2023 NASA is looking to develop resources on the moon that initially include oxygen and water, and eventually may expand to iron and rare earths, and has already taken steps toward excavating moon soil in 2032, a scientist said on Wednesday. The US space agency plans to return Americans to the moon as... 

Miners must limit environmental impacts - King

By: Esmarie Iannucci     26th June 2023 Australia’s mining and downstream processing companies would need to move to a more sustainable footing in order to benefit from the future demand of critical minerals, federal Resources Minister Madeleine King said on Monday. “We know the road to net zero runs through Australia’s resources... 

Multotec’s 12-turn spiral goes to work in the mineral sands sector

By: Cameron Mackay     23rd June 2023 Responding to the needs of the mineral sands sector, process equipment specialist Multotec has developed its first 12-turn spiral concentrator. Multotec Process Engineering GM Christina Ramotsabi says the HM12 spiral was designed and tested in-house, evolving from the company’s popular NHM heavy... 

Christina Ramotsabi, Multotec Process Engineering GM
Christina Ramotsabi, Multotec Process Engineering GM

Serra Verde starts commissioning Brazil rare earths mine

By: Creamer Media Reporter      23rd June 2023 Serra Verde, the developer of an integrated rare earth element (REE) mining and processing operation in Brazil, has begun commissioning the first phase of operations at its Pela Ema deposit, paving the way for commercial production to be achieved by year-end. Phase 1 of the deposit will produce... 

Significant opportunity

By: Halima Frost     23rd June 2023 Recently founded NewCo – a multibillion-dollar collaboration between US-based chemical manufacturing corporation Livent Corporation and Australia-based global lithium chemicals company Allkem – is the “largest lithium-based joint venture (JV) under way”, according to Latin America-focussed... 

An emerald green brine pond at a lithium operation in Bolivia, in South America
ITS A NO BRINER The joint venture between two global lithium related companies will form the third largest lithium producer globally

Qld awards A$20m early works contract for CopperString

By: Esmarie Iannucci     22nd June 2023 The Queensland government has set aside A$594-million in its Budget to start construction of CopperString 2032, announcing on Thursday that a A$20-million early works package for engineering and geotechnical work has been awarded to CIMIC Group companies UGL and CPB Contractors. The A$5-billion... 

Arafura fields Canadian interest for Nolans funding

By: Esmarie Iannucci     20th June 2023 Rare earths developer Arafura Rare Earths has received a letter of interest from Canadian credit export agency Export Development Canada (EDC) for the provision of a potential $300-million in financing for the Nolans rare earths project, in the Northern Territory. Arafura on Tuesday said that... 

Labour shortages nips at Lynas in Kalgoorlie

By: Esmarie Iannucci     20th June 2023 Rare earths miner Lynas has highlighted labour shortages as a potential challenge to the development of its Kalgoorlie rare earths processing facility. The company this week noted that commissioning of the plant was being undertaken in four phases, with the final Stage 2 commissioning having... 

King unveils Critical Minerals Strategy

By: Esmarie Iannucci     20th June 2023 The federal government has unveiled its new Critical Minerals Strategy, highlighting six focus areas to help grow Australia’s critical minerals wealth, create jobs, and strengthen global clean energy supply. Minister for Resources and Northern Australia Madeleine King said the Strategy will be... 

Image shows Australian flag and coat of arms

Ionic produces first REO from Belfast plant

By: Esmarie Iannucci     19th June 2023 Junior Ionic Rare earths has started rare earth oxide (REO) production at its magnet recycling demonstration plant, in Belfast in the UK. “Our Belfast facility is key to us harnessing our technology to accelerate our mining, refining and recycling of magnets and heavy rare earths which are... 

IonicRE progresses resource expansion drilling at Makuutu project

By: Marleny Arnoldi     15th June 2023 ASX-listed Ionic Rare Earths (IonicRE) says the Phase 5 drill programme on its 60%-owned Makuutu rare earths project, in Uganda, is advancing according to plan. The company says, in a release, that reconnaissance drilling has been completed on exploration licence (EL) 00147 and is now under way... 

Wits University’s DigiMine aiming to serve as green data powerhouse for mining industry  

By: Martin Creamer     14th June 2023 Most mining countries have already databased their green energy minerals and critical minerals and made them public so that investors and their global partners can evaluate national production capacities and capabilities. Against that backdrop, the Wits Mining Institute’s DigiMine Laboratory at... 

Wits University DigiMine Laboratory head Ahsan Mahboob
Wits University Wits Mining Institute DigiMine Laboratory head Ahsan Mahboob interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Sierra Rutile warns of another low quarter of production

By: Esmarie Iannucci     14th June 2023 Rare earths miner Sierra Rutile has flagged lower production for the June quarter, ahead of its quarterly report, noting that operations in Sierra Leone were being hampered by power disruptions caused by mechanical failures at the company’s power station. The ASX-listed company told shareholders... 

I’ll somehow re-emerge in the mining sector at some point in the future, says Baxter  

By: Martin Creamer     13th June 2023 I’ll somehow re-emerge in the mining sector at some point in the future, outgoing Minerals Council South Africa CEO Roger Baxter said on Tuesday, when spoke to Mining Weekly in a Teams interview. At the end of this month, Baxter will hand over to incoming CEO Mzila Mthenjane, who will inherit a... 

Minerals Council South Africa CEO Roger Baxter 
Outgoing Minerals Council South Africa CEO Roger Baxter interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

IonicRE appoints COO to help deliver the Makuutu project

By: Creamer Media Reporter      13th June 2023 Mineral exploration company Ionic Rare Earths (IonicRE) has appointed experienced mining executive Dr Tommie van der Walt COO. “This significant addition to our executive team demonstrates our focus on the delivery of the Makuutu heavy rare earths project, in Uganda. Van der Walt is key to us... 

Drill cores recovered at the Makuutu project in Uganda

WA Kaolin sells Kwinana property

By: Esmarie Iannucci     13th June 2023 Junior WA Kaolin has struck a A$7-million sales agreement for its Kwinana property, in Western Australia. The company on Tuesday reported that it had inked a term sheet with Coogee Chemicals for the property, excluding the plant and equipment on site. The company also struck a lease agreement... 

Darryll Castle joins Rainbow board as nonexec director

By: Tasneem Bulbulia     12th June 2023 Darryll Castle has been appointed nonexecutive director of London-listed Rainbow Rare Earths, which owns the Phalaborwa project, in South Africa, and the Gakara project, in Burundi. His appointment is pursuant to the nomination right held by TechMet, as set out in Rainbow’s recent private... 

An image of Rainbow Rare Earths nonexecutive director Darryll Castle
Darryll Castle

Mozambique rare earths miner lists on LSE

By: Marleny Arnoldi     9th June 2023 The LSE has welcomed its newest resource exploration and development company, Altona Rare Earths, to its main market. Altona has raised £2-million, or $2.5-million, through an oversubscribed placing, having issued 40-million new ordinary shares at 5p apiece through a placing of £1.7-million and... 

Namibia bans export of unprocessed critical minerals

By: Reuters     9th June 2023 Namibia has banned the export of unprocessed lithium and other critical minerals, the government announced on Thursday, as it seeks to profit from growing global demand for metals used in clean energy technologies. The southern African country has significant deposits of lithium, which is vital... 

NT moves on Middle Arm Sustainable Development Precinct

By: Esmarie Iannucci     9th June 2023 The Northern Territory government has issued ‘not to deal’ commitments to five proponents over specific parcels of land at the Middle Arm Sustainable Development Precinct, as part of the development of a new clean energy, investment and jobs powerhouse. Powered by renewables and lower-emissions... 

Image shows worker boost stacked

Lithium-pioneering Marula to be additionally listed on JSE, CEO tells Junior Indaba  

By: Martin Creamer     7th June 2023 In conjunction with a proposed Aim listing in London, Marula Mining is going to have an additional listing on the Johannesburg Stock Exchange (JSE), Marula Mining CEO Jason Brewer told the Junior Indaba on Wednesday. “We’re in the process of appointing our advisers,” said Brewer, who spoke of... 

Q Global Commodities CEO Quinton van der Burgh (left) and Marula Mining CEO Jason Brewer.
Marula Mining CEO Jason Brewer’s Junior Indaba presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Rainbow starts operations at Phalaborwa magnet rare earths pilot plant

By: Darren Parker     6th June 2023 plant for the Phalaborwa project, in South Africa, has started operations and is on track to produce the first high-value mixed rare earth sulphate in the third quarter. The company said this would confirm Phalaborwa’s status as a near-term producer of magnet rare earths, capable of being... 

Rainbow Rare Earths Phalaborwa mine gypsum stacks
Rainbow Rare Earths Phalaborwa mine gypsum stacks

Marula strengthens management team

By: Creamer Media Reporter      6th June 2023 Africa-focused battery metals investment and exploration company Marula Mining has strengthened its management team with a number of key appointments, including that of Tokkas van Heerden as COO. Van Heerden will be responsible for the successful development and operation of Marula's mining... 

Peak Rare Earths makes new director appointment

By: Creamer Media Reporter      5th June 2023 Project developer Peak Rare Earths has announced the appointment of Nick Bowen as a nonexecutive director. Bowen has extensive experience in the construction, development and operation of international mining projects. He has spent more than 35 years with ASX-listed construction and contract... 

Green hydrogen atlas results show enormous Southern African potential – Sasscal 

By: Martin Creamer     5th June 2023 The results of the green hydrogen atlas for Southern Africa, now readily available online, show enormous potential green hydrogen production throughout the region, the Southern African Science Service Centre for Climate Change and Adaptive Land Management (Sasscal) said on Monday. 

Sasscal executive director Dr Jane Olwoch of Namibia.
Sasscal executive director Dr Jane Olwoch of Namibia.

More succinct licence processes are a must to attract exploration investment – researcher  

By: Martin Creamer     2nd June 2023 More succinct licence processes are needed to attract exploration investment in South Africa,  Pearl Gray Equity and Research managing partner Steve Booyens said on Friday. “There are loads of investors in North America, London and the European Union that want to invest, but they're afraid of... 

Pearl Gray Equity and Research's  Steve Booyens.
Pearl Gray’s Steve Booyens interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Fruitful discussion under way on exploration incentivisation – Minerals Council 

By: Martin Creamer     1st June 2023 Fruitful discussions are taking place on flow-through shares to incentivise junior mining and exploration, Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell said on Thursday. In response to Mining Weekly, Mitchell said the Minerals Council was doing a lot of work... 

Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell.
Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell.

Altona to list on the LSE this month

By: Darren Parker     1st June 2023 Mining exploration company Altona Rare Earths, which is focused on the development of the Monte Muambe rare earth elements (REE) project, in Mozambique, has published its prospectus in respect of the proposed admission of its ordinary shares to allow it to begin trading on the LSE’s main market.... 

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