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December 2014
31 December 2014
Government retains 2014 tax regime but is yet to issue statement on quotas
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31 December 2014
US-headquartered RioSol say that independent analysis of the deposit north of Cusco suggest the claim could be the largest in the country, but the attractiveness of a new rich source of the minerals in the Americas is likely to be outweighed by low prices and weak demand.
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30 December 2014
The acquisition of the Rudniy Log iron oxide deposit in Russia is a step away from rare earths by Stans, as the company has been involved in a long-running dispute regarding the ownership of mining rights at its Kutessay II rare earths project in Kyrgyzstan. The company plans to produce higher value refined products through the purchase of existing patents and the Skolkovo initiative to satisfy global demand.
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29 December 2014
Tesla may be the name that associated with electrical vehicles but there are more established brands competing for room on the future’s roads
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27 December 2014
Proposal to increase tax on rare earths up to 35%; MIIT approves Minmetals’s consolidation plan
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19 December 2014
Higher export levels in 2014 keep market firm despite lull in buying activity
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17 December 2014
The offtake agreement with one of the world’s largest steel producers provides the US-based junior with strong economic support for its niobium oxide project in the US and makes it as the largest potential niobium supplier in North America.
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17 December 2014
The formation of the new consortium through the acquisition of five smaller rare earths separation companies in Inner Mongolia and Gansu provinces by the world-leading producer accords with Beijing’s plans to reform China’s domestic industry in order to tackle illegal mining and retain China’s competitiveness as the largest global producer.
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15 December 2014
Texas Rare Earths finds lower cost process for rare earths production at Round Top; Rare Earth Salts obtains funding for its rare earths separation pilot plant in Nebraska; Commerce Resources produces rare earths concentrate from its Ashram project in Quebec.
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15 December 2014
IM reports from this year's Mines and Money conference in London.
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09 December 2014
Following the Chinese government’s approval of its consolidation plan, the Chinese heavy rare earths producer will control over 30 small rare earths firms, including miners, processing and separation plants over six provinces in Southern China. This group will further advance the completion of the country’s plant to consolidate the domestic rare earths industry.
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08 December 2014
Namibia Rare Earths extends permits for Lofdal; Hastings Rare Metals announces positive results from scoping study on Yangibana; Malaysia government identifies seven rare earths deposits.
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01 December 2014
Forecast expansion in motor magnets and catalysts consumption in cars; US ITC removes antidumping duties on imports of Chinese refrigerants; TiO2 market under pressure due to lack of demand from China’s construction industry.
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01 December 2014
Rare Earth Minerals upgrades its rare earths recovery in Australia; Spectrum Rare Earths improves concentrate grades at Skyfall; India expands its monazite resources
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November 2014
28 November 2014
The general election in Greenland follow Prime Minister Aleqa Hammond’s resignation in October and could determine the destiny of rare earths projects in the country, as a victory for the Inuit Ataqatigiit party may see a ban on uranium mining reinstated.
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28 November 2014
Lithium and dysprosium prices move up while Chinese potash buyers haggle Uralkali
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27 November 2014
Lighting industry cutting consumption in LED shift; Supply security top priority for auto makers
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26 November 2014
Recent reports detail the spreading corruption among high ranking government officials and, specifically, their involvement in China’s rare earths mining highlight the difficulty faced by Beijing in dismantling the country’s domestic black market, which is seriously impacting the industry and environment.
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26 November 2014
Increased volatility likely to take further toll on already weak demand
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24 November 2014
Montoro Resources look to further surveys; Solvay launches rare earths catalyst
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21 November 2014
A possible reform planned by the Chinese government, which would set a tax rate up to 35% on heavy rare earths, would impact the rare earths domestic market and potentially likely to push up rare earths prices. There are also some concerns over harming qualified producers and the threat illegal mining.
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20 November 2014
The Supreme Court of Kyrgyzstan’s ruling against a local company claiming rights over Kutessay II rare earth deposit, could add support to Stans’ mining rights in its ongoing exacerbating dispute with Kyrgyzstan government over the deposit.
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19 November 2014
The announcement of more minerals opened to foreign investment policies by China’s Ministry of Commerce shows the country’s intention to adapt to the new economic globalisation, while actively promoting more efficiency in its mining industry.
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18 November 2014
The prosecution by the UK police of two suppliers of rare earths, which targeted vulnerable small investors to make disproportionate payments for holdings of the minerals, shows how unscrupulous companies are manipulating the market volatility, with further risk of putting off future potential investors.
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17 November 2014
Kyrgyz government revokes mining licences for Stans Energy Kutessay II and Kalesay properties; Great Western Minerals Group reduces cash burn rate and focuses on its Steenkampskraal project; Hastings Rare Metals announces 230% JORC-compliant resource upgrade;
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14 November 2014
While the automotive industry can reportedly accommodate higher prices for rare earths, it cannot tolerate supply insecurity. Market participants stress that new non-Chinese supply sources can help improve market visibility, even at the expense of oversupply and weaker prices.
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14 November 2014
Price growth optimism fades for fluorspar, TiO2 and rare earths
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13 November 2014
These Q3 2014 results are almost the mirror image of those posted three months ago, in August. The trend of high value polymers continues and these underline the struggles felt in the rare earths market – in particular in the lighting industry.
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13 November 2014
An industry shift away from phosphor-based fluorescent lighting towards LEDs, which use smaller amounts of rare earths, is reducing specific consumption of the minerals and looks set to be an irreversible trend.
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12 November 2014
Recycling has been suggested as one way of cutting the rare earths industry’s reliance on China, while at the same time meeting sustainability objectives, particularly in Europe. However, overstatement of market volatility and ongoing substitution makes this option look like an unrealistic alternative.
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11 November 2014
The resilience of rare earths juniors to the punishing impact of weak demand, low prices and general pessimism towards the market suggests that the industry has strong underlying fundamentals led by growth in magnet applications, although the prospects for cerium are generally acknowledged to be poor.
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10 November 2014
Mkango Resources announces updates from its pre-feasibility study; Rare Elements Resources completes bench-scale testing of its processing technology; US Rare Earths starts removing stockpiled rare earths in Montana
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07 November 2014
By completing the installation of the decomposer and calcinatory, the Canadian junior has taken a further step towards commissioning its high-purity alumina plant, while filing another patent application for its processing technology for the recovery of a wide range of minerals and metals.
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07 November 2014
Participants at a conference on deep sea mining in London indicated that transparency is the key factor needed to meet challenges in offshore mining activities and to encourage investment, which may turn the mining industry to look at opportunities offshore.
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06 November 2014
Following concerns that Lanxess could leave itself open to a takeover after poor profitability, the company is ploughing ahead to improve the competitiveness of its business to enable it to focus on growth again by 2016.
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06 November 2014
Weaker rare earths impacted the US-based miner in the third quarter of 2014, bringing into question the company’s ability to meet conditions set by investors in order to access additional funding to ramp up production at Mountain Pass.
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05 November 2014
Beijing’s recent discussion of rare earths industry consolidation plans and pressure to develop waste recycling indicate the country’s commitment to restructure its domestic market and eradicate smuggling and oversupply.
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03 November 2014
Vesuvius retains earning outlook in Q3; Alevo to build energy storage battery plant in US, Sumitomo Corp. starts test production of rare earths in Kazakhstan
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03 November 2014
Medallion Resources starts lab-scale extraction tests of rare earths monazite; Texas Rare Earth secures option for mining and water surface area; Infinium begins production of rare earth metals in US.