IM Rare Earths News in Brief 5 - 11 August

By Antonio Torrisi
Published: Monday, 11 August 2014

Avalon Rare Metals completes flowsheet optimisation at Nechalacho; US Rare Earths to access stockpile at Lehmi Pass; Peak Resources increases recovery of rare earths from Ngualla

TSX-V listed Avalon Rare Metals Ltd has lowered costs for the second quarter of 2014 by 37% quarter-on-quarter (q-o-q), to Canadian dollar (C$) 2.4m ($2.2m*), as exploration activity decreased at its Nechalacho rare earths project in Northwest Territories, Canada.

The company said it also reduced resource property expenditures...

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