Rare earths latest news

  • January 2015

    Malawi moves to amend mining law

    29 January 2015

    The country hosts a variety of industrial minerals and metals, but its existing mining law has been criticised as outdated and opaque. It is hoped that a revised mineral bill will help open up the sector to investors.

  • “Vicious” export battles expected as China accelerates rare earths consolidation

    29 January 2015

    Changes planned by the Chinese state promise to be momentous for the rare earths industry, and an acceleration of consolidation will increase the transparency of the sector — but with alternative tax and licencing controls soon to come in, the question remains as to whether the industry will really change.

  • Lynas reports operational improvements but warns positive cashflow will not last

    27 January 2015

    Life is not easy for non-Chinese rare earths producers. The Australian miner’s short term outlook is subdued, though the company noted the potential for a medium-term rise in rare earths prices.

  • China’s MIIT to hold rare earths industry consolidation meeting

    27 January 2015

    The meeting in Beijing will spell out the plans of the Chinese rare earths majors, a group of companies that together hold the largest proportion of production capacity in the world — setting the tone for 2015 and increasing the transparency of the industry.

  • China MLR sets 2025 as mining reform target

    27 January 2015

    The country has made a series of policy announcements over the last five years pertaining to improved resource management, including its national mineral plan which it aims to implement in its entirety within the next decade.

  • IM Rare Earth News In Brief 20-26 January

    26 January 2015

    Molycorp shares continue to fall; Tasman receives PFS results; IAMGOLD sells niobium mine and associated rare earths deposit for $500m; Hastings and Rare Earth Minerals proceed with PFS.

  • China axes rare earths export quotas

    24 January 2015

    Country repeals 17-year policy after WTO ruling; export taxes expected to be lifted in H1

  • China to scrap rare earths export taxes in May

    23 January 2015

    China will end its current practice of taxing the exports of rare earths in May, in compliance with a WTO decision handed down in March 2014. There are still a number of ways the Chinese government could attempt to control the market however, including selectivity in licencing and resource tax rates.

  • IM Rare Earths News in Brief 13 –19 January 2015

    19 January 2015

    Scientists say salmon sperm is a feasible rare earth extractor; GeoMegA acquire custom reactor for Quebec lab; and China’s rare earth exports rose 23.5% in 2014 before quota scrapping.

  • Alkane gears up for a “big 2015” at Dubbo zirconia project

    14 January 2015

    The Australian company is progressively ticking off requirements to begin mining operations at the zirconia and rare earths in 2017, with multiple revenue streams helping to insulate it from presently weak rare earths prices.

  • IM Rare Earth News in Brief: 7-12 January 2015

    12 January 2015

    Speculation over impact of Chinese export changes; Rare Element Resources looking to open demo plant in Wyoming and calls for referendum on mining ban in Greenland.

  • Kyrgyz company to appeal Stans’ shares injunction in Ontario Court

    08 January 2015

    Stans Energy’s ambition to revive a rare earth deposit in Kyrgyzstan has resulted in a two-year legal battle with the Kyrgyz government which is still not over. Stans is looking to redeem its financial interests in the country and searching for projects in less hostile jurisdictions.

  • Price Briefing 19 December – 8 January

    08 January 2015

    Antimony and frac sand down on weak end market demand; speculation swirls over rare earths

  • China may use rare earths resource tax to recoup export tariff losses

    07 January 2015

    The cancellation of export quotas is just the first step in a fresh wave of industry reform, according to analysts, with export taxes next on the list to be axed if China is to comply fully with last year’s WTO ruling. Given the removal of China’s competitive advantage that this entails, it is believed that China will use resource taxes to limit the amount of rare earths on the market.

  • IM Rare Earth News in Brief 15 December 2014 – 5 January 2015

    05 January 2015

    Molycorp told to rearrange its closing prices on New York Stock Exchange; Rare Earth Salts gets financial backing for plant from local government

  • China lifts export restrictions on rare earths but retains licensing controls

    05 January 2015

    As the world’s largest producer of rare earths, China’s position on exports has been a point of tense controversy in the wake of a WTO case, which ruled in March last year that the trade restrictions were unfair. The scrapping of limits on volumes comes however with tighter internal controls that could still make it difficult for buyers to feel secure in their supply chains.