Rare-earth element

MP Materials to Participate in Upcoming Virtual Conferences

Thursday, May 13, 2021 - 9:05pm

b'MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences:\nA fireside chat at the Bank of America Global Metals, Mining & Steel Virtual Conference on Thursday, May 20, 2021, at 9:20 a.m. Pacific Time.\nA fireside chat at the Jefferies Renewable Energy Conference on Wednesday, May 26, 2021, at 9:00 a.m. Pacific Time.\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.

Key Points: 
  • b'MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences:\nA fireside chat at the Bank of America Global Metals, Mining & Steel Virtual Conference on Thursday, May 20, 2021, at 9:20 a.m. Pacific Time.\nA fireside chat at the Jefferies Renewable Energy Conference on Wednesday, May 26, 2021, at 9:00 a.m. Pacific Time.\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.
  • Separated rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies.
  • MP Materials\xe2\x80\x99 integrated operations at Mountain Pass combine low production costs with high environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.
  • More information is available at https://mpmaterials.com/\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005901/en/\n'

National Interest in Minerals and Rare Earth Elements Grows

Thursday, May 13, 2021 - 2:00pm

b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.

Key Points: 
  • b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.
  • In fact, minerals are among the most important components that make up various technologies, and according to data published by the National Mining Association, copper is the second most used mineral by the DoD.
  • MP Materials, which owns the largest rare earth element mining operation outside of China, has been awarded a DPA Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE).
  • These latest results establish that stable REE extractions are achievable across a range of test conditions bracketing our emerging base case flowsheet.

National Interest in Minerals and Rare Earth Elements Grows

Thursday, May 13, 2021 - 2:00pm

b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.

Key Points: 
  • b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.
  • In fact, minerals are among the most important components that make up various technologies, and according to data published by the National Mining Association, copper is the second most used mineral by the DoD.
  • MP Materials, which owns the largest rare earth element mining operation outside of China, has been awarded a DPA Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE).
  • These latest results establish that stable REE extractions are achievable across a range of test conditions bracketing our emerging base case flowsheet.

MP Materials Receives Department of Energy Award

Thursday, May 13, 2021 - 1:30pm

b'MP Materials (NYSE: MP) today announced that it has received a $3 million award from the Department of Energy (DOE) to complete a feasibility study, in concert with the University of Kentucky (UK), on a system to produce rare earth oxides, metals, and other critical materials recovered from coal by-products.

Key Points: 
  • b'MP Materials (NYSE: MP) today announced that it has received a $3 million award from the Department of Energy (DOE) to complete a feasibility study, in concert with the University of Kentucky (UK), on a system to produce rare earth oxides, metals, and other critical materials recovered from coal by-products.
  • This project is enabled by a DOE exercised option of a previous MP Materials and UK conceptual study .\nPursuant to this project, MP Materials and UK will advance their design for a modular system to concentrate coal by-product locally, in Kentucky.
  • The concentrate will then be delivered to Mountain Pass, where MP Materials will leverage its existing capabilities to refine and extract the individual rare earth elements from concentrate before reducing them to metal.
  • This work is made possible by DOE funding and the pioneering efforts of researchers at UK.\xe2\x80\x9d\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.

Megawatt to accelerate developing prime Australian Rare Earth Projects

Wednesday, May 12, 2021 - 2:00pm

The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand.

Key Points: 
  • The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand.
  • Further, with China currently dominating the REE market, there is a growing necessity for supply diversity to mitigate against concentration risk.
  • Notably, Arctic Fox is contiguous and along strike from the world-class Nolans Bore REE project, which is set for commissioning in mid-2022 and has a JORC Compliant Mineral Resource.
  • No securities regulatory authority has either approved or disapproved of the contents of this news release.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/megawatt-to-accelerate-developin...\nSOURCE MegaWatt Lithium and Battery Metals Corp.\n'

Defense Metals Provides Pre-Pilot Hydrometallurgy Update, Achieves High Rare Earth Extraction And Impurity Removal From Wicheeda Flotation Concentrate

Tuesday, May 11, 2021 - 2:00pm

is available under Defense Metals Corp.\'s profile on SEDAR (www.sedar.com)\nCraig Taylor, CEO of Defense Metals, stated:"Defense Metals continues to be extremely pleased with its ongoing pre-pilot hydrometallurgical test work campaign.

Key Points: 
  • is available under Defense Metals Corp.\'s profile on SEDAR (www.sedar.com)\nCraig Taylor, CEO of Defense Metals, stated:"Defense Metals continues to be extremely pleased with its ongoing pre-pilot hydrometallurgical test work campaign.
  • Significantly, direct crack REE extractions were similarly high opening up the door for potential circuit complexity and future capital cost reductions.
  • Primary impurity removal test show that at the bench scale we can produce a high quality REE leach liquor suitable for conversion to mixed REE oxide end product.
  • Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada.

Ucore Subsidiary, Innovation Metals Corp., Commences RapidSX Separation Testing with Rare-Earth Producer

Tuesday, May 4, 2021 - 2:23pm

The purpose of the TTA is to generate empirical data for joint evaluation by IMC and the REE Producer regarding IMC\'s proprietary RapidSX\xe2\x84\xa2 separation technology for the separation of the REE Producer\'s MREC.

Key Points: 
  • The purpose of the TTA is to generate empirical data for joint evaluation by IMC and the REE Producer regarding IMC\'s proprietary RapidSX\xe2\x84\xa2 separation technology for the separation of the REE Producer\'s MREC.
  • The goal is focused on producing high-purity rare-earth element oxides ("REOs") required for the global rare-earth element ("REE") permanent-magnet industry.
  • The data generated will be used to help optimize flowsheets for the separation and purification of this specific MREC, utilizing the RapidSX technology, as a means of producing commercial-grade REOs.
  • Ucore has also assumed that sufficient external funding will be secured to develop the specific engineering plans for the Alaska SMC and its construction.

Mkango Announces Results Of Flotation Piloting With Significantly Higher Recoveries And Concentrate Grade, And Commencement Of Hydrometallurgical Piloting

Tuesday, May 4, 2021 - 7:00am

Due to the higher flotation concentrate grade, there would be 36% less tonnes of concentrate entering the hydrometallurgy plant, containing approximately double the quantity of rare earths, versus the pre-feasibility study.

Key Points: 
  • Due to the higher flotation concentrate grade, there would be 36% less tonnes of concentrate entering the hydrometallurgy plant, containing approximately double the quantity of rare earths, versus the pre-feasibility study.
  • Malawi is known as \xe2\x80\x9cThe Warm Heart of Africa\xe2\x80\x9d, a stable jurisdiction with existing road, rail and power infrastructure, and new infrastructure developments underway.
  • The forward-looking statements contained in this news release are made as of the date of this news release.
  • Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.\nFor further information on Mkango, please contact:\n'

REPEAT – Major Precious Metals Provides Greenland Update

Monday, May 3, 2021 - 12:00pm

b'VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) -- Major Precious Metals Corp. (\xe2\x80\x9cMajor Precious Metals\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to provide an update on recent developments in Greenland with regards to exploration and mining activities and their potential impact on the Skaergaard Project (\xe2\x80\x9cSkaergaard\xe2\x80\x9d).

Key Points: 
  • b'VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) -- Major Precious Metals Corp. (\xe2\x80\x9cMajor Precious Metals\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to provide an update on recent developments in Greenland with regards to exploration and mining activities and their potential impact on the Skaergaard Project (\xe2\x80\x9cSkaergaard\xe2\x80\x9d).
  • This has been evident with the recent conditional approval and full support of the Company\xe2\x80\x99s exploration and drilling plans for Skaergaard by the Greenland Mineral Licencing and Safety Authority (\xe2\x80\x9cMLSA\xe2\x80\x9d).
  • The interest rate for the Direct Loan option is set at the Commercial Interest Reference Rate (\xe2\x80\x9cCIRR\xe2\x80\x9d).
  • These strategic and critical minerals include zinc-lead-copper, platinum group metals (palladium and platinum), titanium, vanadium, gallium, rare earth elements (REE), and many others that are commonly found throughout Greenland.

Texas Mineral Resources Selected as a Consortium Member in a U.S. Department of Energy (DoE) Contract to Assess and Catalog Northern Appalachian Basin Rare Earth Elements and Critical Minerals Resources

Monday, May 3, 2021 - 11:00am

b"DoE Award is TMRC\xe2\x80\x99s 5th U.S. Government Award\nSIERRA BLANCA, TX, May 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire \xe2\x80\x92 Texas Mineral Resources Corp. (OTCQB: TMRC)\nDoE award is TMRC\xe2\x80\x99s fifth U.S. Government award\nTexas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value critical elements and industrial minerals, is pleased to announce that the\xc2\xa0 Department of Energy\xe2\x80\x99s (DoE) National Energy Technical Laboratory (\xe2\x80\x9cNETL\xe2\x80\x9d) has selected a consortium led by the Pennsylvania State University ,\xc2\xa0 which includes Texas Mineral Resources, for an award targeting critical mineral recoveries from waste streams.\xc2\xa0The grant, \xe2\x80\x9cCarbon Ore, Rare Earths and Critical Minerals (CORE-CM) Initiative for U.S. Basins,\xe2\x80\x9d will assess and catalog Northern Appalachian Basin rare earth elements and critical minerals resources and waste streams, develop strategies to recover minerals from these streams, and assess the infrastructure, industries and businesses in the Northern Appalachian Basin to determine supply chain gaps.\n\xe2\x80\x9cWe are honored to be selected as a consortium member by the Pennsylvania State University to assist in studying the potential of the Northern Appalachian region to supply critical minerals,\xe2\x80\x9d commented Anthony Marchese, TMRC chairman.

Key Points: 
  • b"DoE Award is TMRC\xe2\x80\x99s 5th U.S. Government Award\nSIERRA BLANCA, TX, May 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire \xe2\x80\x92 Texas Mineral Resources Corp. (OTCQB: TMRC)\nDoE award is TMRC\xe2\x80\x99s fifth U.S. Government award\nTexas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value critical elements and industrial minerals, is pleased to announce that the\xc2\xa0 Department of Energy\xe2\x80\x99s (DoE) National Energy Technical Laboratory (\xe2\x80\x9cNETL\xe2\x80\x9d) has selected a consortium led by the Pennsylvania State University ,\xc2\xa0 which includes Texas Mineral Resources, for an award targeting critical mineral recoveries from waste streams.\xc2\xa0The grant, \xe2\x80\x9cCarbon Ore, Rare Earths and Critical Minerals (CORE-CM) Initiative for U.S. Basins,\xe2\x80\x9d will assess and catalog Northern Appalachian Basin rare earth elements and critical minerals resources and waste streams, develop strategies to recover minerals from these streams, and assess the infrastructure, industries and businesses in the Northern Appalachian Basin to determine supply chain gaps.\n\xe2\x80\x9cWe are honored to be selected as a consortium member by the Pennsylvania State University to assist in studying the potential of the Northern Appalachian region to supply critical minerals,\xe2\x80\x9d commented Anthony Marchese, TMRC chairman.
  • \xe2\x80\x9cWe believe the technological strength and experience of the consortium will go a long way toward a positive result from this project.\xc2\xa0 Creating value from waste is an environmental goal shared by all citizens, especially when considering the strategic nature of the minerals potentially located in the northern Appalachian region.\xc2\xa0 The consortium is fully committed to work with local companies, capital sources and public officials in order to create potentially meaningful economic opportunity for an industry and region which for too long has been in a period of decline.\xe2\x80\x9d\nThis is the fifth U.S. Government award relating to the production of rare earth and critical minerals in which Texas Mineral Resources has participated.\xc2\xa0 In 2016, TMRC successfully completed a demonstration-of-concept project funded by the U.S. Defense Logistics Agency (DLA) Strategic Materials Division to separate and refine specific high-purity rare earth elements, using a continuous ion exchange (CIX) and continuous ion chromatography (CIC) processing method.
  • In 2019, a consortium including Texas Mineral Resources successfully completed a U.S. Department of Energy Office of Fossil Energy grant to produce multiple separated rare earth minerals from Pennsylvania coal mining waste material.\xc2\xa0 The CIX/CIC method used in both U.S. Government grants is the method being used to process rare earths and additional U.S. Government-listed Critical Minerals from the Round Top (TX) project, being developed by TMRC\xe2\x80\x99s funding and development partner, USA Rare Earth, LLC.\xc2\xa0 The new DoE award marks the third grant from the National Energy Technical Laboratory in which TMRC will participate, including a NETL grant to continue work targeting production of mixed rare earth oxides from coal waste awarded last month.\nAbout Texas Mineral Resources Corp.\nTexas Mineral Resources Corp.'s focus is to develop and commercialize, along with its funding and development partner USA Rare Earth LLC, its Round Top heavy-rare earth, technology metals, and industrial minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso.
  • Additionally, the Company\xe2\x80\x99s strategy is to develop alternative sources of strategic minerals through the processing of coal waste and other related materials as well as developing other domestic mining projects in more traditional metals.\xc2\xa0 The Company\xe2\x80\x99s common stock trades on the OTCQB U.S. tier under the symbol \xe2\x80\x9cTMRC.\xe2\x80\x9d\n"