IM Rare Earths News in Brief: 17-23 June
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,