Rare earths latest news

  • May 2014

    Smuggling crackdown, stronger manufacturing to boost rare earths prices

    30 May 2014

    Stronger, more stable pricing anticipated as China plans to list rare earths futures on SHFE

  • Hastings Rare Metals to raise A$2.8m from rights issue

    28 May 2014

    Although the company reported net losses in the second half of last year, the funds raised from the rights issue would help to further develop Hastings’ Western Australia prospects, one of which is yet to complete JORC testing.

  • Stans Energy’s rare earths assets acknowledged by Russian court

    27 May 2014

    Kyrgyz government ordered to pay damages; Stans to restart production at Kashka

  • IM Rare Earths News in Brief: 20-27 May

    27 May 2014

    US lab discovers properties in iron which mirror rare earths in tests; Mexico begins funding drive

  • Tanzania drafts bill to remove tax incentives for miners

    23 May 2014

    Changes to the country’s ‘mining friendly’ tax system could affect plans by international firms to develop industrial minerals deposits in Tanzania, which include Kibaran Resources’ Mahenge graphite project and Peak Resources’ Ngualla rare earths operation.

  • China plans to increase rare earths resource tax

    23 May 2014

    An increase of rare earths ore taxes could push up prices, in line with China’s plans to control mineral resources and reform a market which has been afflicted by smuggling and lower demand in the past two years.

  • Latin Resources sets a plan to fund its heavy mineral sands exploration in Peru

    23 May 2014

    Through a shared purchase plan priced at 10% discount to the market, the Australian junior aims to raise enough money to continue testworks at its Guadalupito heavy mineral sands project to produce magnetite, andalusite and titanium dioxide.

  • Tasman and Flinders cancel merger negotiations

    21 May 2014

    This merger would have brought together two companies with assets in some of the largest rare earths and graphite deposits in the world. However, now that negotiations have broken down, Tasman and Flinders intention to expand has become public knowledge, which has the potential of developing further alliances with leading producers of industrial minerals.

  • IM Rare Earths News in Brief 13 – 19 May

    19 May 2014

    US Rare Earths to uplist on NYSE; Hastings Rare metals report deposit results; Commerce Resources Corp. completes winter drill programme

  • Alkane Resources advances Dubbo rare earths and zirconia project in Q1 2014

    16 May 2014

    Commencing production of gold from its Australian deposits, the junior company will ensure capital funding to secure advanced development of its rare earths and zirconia project in Australia and meet the targeted production in H1 2016.

  • New financing becomes top priority for Molycorp

    15 May 2014

    After posting wider year-on-year losses for Q1 2014, the US-rare earths producer is looking for options to raise new cash to improve its rare earths and rare earth magnets production, in the attempt to recover profits and meet a targeted output of 20,000 tonnes rare earths oxides.

  • IM Rare Earths News in Brief 5 – 12 May

    12 May 2014

    Great Western Minerals and Frontier Rare Earths complete feasibility studies and process improvements for their rare earths project in South Africa; Rare Element Resources keeps losses flat in Q1 2014, while developing its Bear Lodge project in Wyoming, US; Government officials and experts discuss rare earths deep seabed mining in Cook Islands.

  • Chinese rare earths permanent magnets producers see profit in 2014

    09 May 2014

    Despite rare earths oxides oversupply in its domestic market, China’s rare earths-based permanent magnets industry is growing and it could experience a supply shortage of dysprosium, as the government is to set stringent quotas on rare earths productions.

  • Molycorp posts wider losses in Q1 2014 as prices keep falling

    08 May 2014

    The effect of low prices in the rare earths market continues to hit Molycorp revenues, with the company recording a net loss in the first quarter of 2014 of $86m, which could impact its business for the rest of year.

  • Price Briefing 2 – 8 May

    08 May 2014

    Refractory bauxite prices stable while rutile and fertiliser minerals offer bleak outlooks

  • Chinese suppliers confident on praseodymium-neodymium oxide price

    06 May 2014

    Stockpiling rumours prompt higher offer values but overall market remains down

  • Lynas to raise equity and delay payments to after rare earths price slump

    06 May 2014

    The plan to raise of additional equities and delay debt repayments should help the Australian rare earths producer to overcome the present difficulties experienced within the international market, but investors doubt about its long-term effects.

  • Solvay to boost Green River production; shows Q1 soda ash price effect

    06 May 2014

    Soda ash markets are improving is the message taken away from the latest set of results from Solvay. While the company seeks to boost its own production it also highlights the gains made in this market, against losses made elsewhere.

  • IM Rare Earths News in Brief 2 – 8 May

    06 May 2014

    Stans Energy more confident on a favourable verdict for its Kutessay II project in Kyrgyzstan; Avalon Rare Metals receives permits to develop Nechalacho in Canada; UK-based Rare Earth Minerals to start rare earths drilling operations in Australia and Greenland

  • Stans Energy’s rare earths assets acknowledged by Russian court

    03 May 2014

    Having received a favourable ruling from the International Arbitration, the junior rare earths company will have a strong position in negotiating a new mining licence with the Kyrgyzstan government and restart exploration and test works at its Kutessay II rare earths project.

  • Lynas posts record rare earths sales but costs rise

    01 May 2014

    The Australian rare earths producer has increased its sales, but in meeting its targeted annual production capacity the company has seen its costs escalate, which could undermine its capital position, particularly as rare earths prices remain fragile.