IM Rare Earths News in Brief: 17-23 June

By Antonio Torrisi
Published: Monday, 23 June 2014

REM indicates positive results from its Yangibana project in Australia; Moody’s downgrade Molycorp to Caa2; New Zealand and France to study new rare earths nitrides-based RAMs.

In Western Australia, exploration company Northern Minerals Ltd was granted a mining lease M80/627 from the Department of Mines and Petroleum for its Browns Range rare earths project.

The company said its lease will further lower risks for the project and maintains the target for construction in 2015, which...

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