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Medallion Advances Rare-Earth Element Process Optimization with Saskatchewan Research Council

Retrieved on: 
Tuesday, September 1, 2020

VANCOUVER, British Columbia, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company is pleased to announce the commencement of further rare-earth element (REE) process optimization test work at the Saskatchewan Research Council (SRC).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company is pleased to announce the commencement of further rare-earth element (REE) process optimization test work at the Saskatchewan Research Council (SRC).
  • The SRC has been a long-term research partner of Medallion, instrumental in the delivery of data for the design of Medallions proprietary REE- extraction technology that utilizes the REE-rich mineral monazite.
  • The testing further develops key areas where the Medallion monazite process has advantages over the traditional process.
  • Medallion Resources has developed a proprietary process and related business model to achieve low-cost, near-term, rare-earth element (REE) production by exploiting monazite.

Saskatchewan to Create Canada's First Rare Earth Processing Facility at SRC

Retrieved on: 
Friday, August 28, 2020

SASKATOON, SK, Aug. 28, 2020 /PRNewswire/ - Today, the Government of Saskatchewan announced $31 million in funding for a Rare Earth Processing Facility in Saskatchewan delivering on a key element of the 2030 Growth Plan.

Key Points: 
  • SASKATOON, SK, Aug. 28, 2020 /PRNewswire/ - Today, the Government of Saskatchewan announced $31 million in funding for a Rare Earth Processing Facility in Saskatchewan delivering on a key element of the 2030 Growth Plan.
  • The facility will be owned and operated by the Saskatchewan Research Council (SRC).
  • It will be the first-of-its-kind in Canada and will begin to establish a Rare Earth Element (REE) supply chain in Saskatchewan, forming an industry model for future commercial REE resource expansion in the province.
  • "Saskatchewan's new Rare Earth Processing Facility will be a catalyst to stimulate the resource sector in Saskatchewan and across Canada, providing the early-stage supply chain needed to generate cash-flow, investment and industrial growth of the sector," Premier Scott Moe said.

Defense Metals Announces Saskatchewan's First Rare Earth Element Processing Facility

Retrieved on: 
Friday, August 28, 2020

VANCOUVER, BC, Aug. 28, 2020 /PRNewswire/ -Defense Metals Corp. ("Defense Metals") (TSXV: DEFN) / (OTCQB: DFMTF) / (FSE: 35D) is pleased to announce that the Government of Saskatchewan announced $31 million in funding for a Rare Earth Element Processing Facility in Saskatchewan.

Key Points: 
  • VANCOUVER, BC, Aug. 28, 2020 /PRNewswire/ -Defense Metals Corp. ("Defense Metals") (TSXV: DEFN) / (OTCQB: DFMTF) / (FSE: 35D) is pleased to announce that the Government of Saskatchewan announced $31 million in funding for a Rare Earth Element Processing Facility in Saskatchewan.
  • The facility in Saskatchewan will address both stages of REE processing.
  • Craig Taylor, CEO of Defense Metals commented that "as we continue to advance our Wicheeda Rare Earth Element Property, access to specialized rare earth processing facilities in safe and friendly jurisdictions will be of critical importance.
  • 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.

REE Automotive Wins 2020 BloombergNEF Pioneer Award With Game-changing EV Platform Technology Ready to Carry the Future of e-Mobility

Retrieved on: 
Tuesday, July 14, 2020

TEL AVIV, Israel, July 14, 2020 /PRNewswire/ --REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award.

Key Points: 
  • TEL AVIV, Israel, July 14, 2020 /PRNewswire/ --REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award.
  • All of which means that REE is playing a defining role in leading the transition to a low carbon economy.
  • Daniel Barel, CEO and Co-Founder of REE, said: "We are delighted to be named as a 2020 BNEF Pioneer.
  • REE is supported by an exclusive network of Tier 1 automotive partners providing access to hundreds of global production lines, effectively making REE the next generation EV platform ready to carry the future of e-Mobility.

REE Automotive Wins 2020 BloombergNEF Pioneer Award With Game-changing EV Platform Technology Ready to Carry the Future of e-Mobility

Retrieved on: 
Tuesday, July 14, 2020

TEL AVIV, Israel, July 14, 2020 /PRNewswire/ --REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award.

Key Points: 
  • TEL AVIV, Israel, July 14, 2020 /PRNewswire/ --REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award.
  • All of which means that REE is playing a defining role in leading the transition to a low carbon economy.
  • Daniel Barel, CEO and Co-Founder of REE, said: "We are delighted to be named as a 2020 BNEF Pioneer.
  • REE is supported by an exclusive network of Tier 1 automotive partners providing access to hundreds of global production lines, effectively making REE the next generation EV platform ready to carry the future of e-Mobility.

Medallion Forms US-focused REE Supply Chain Consortium

Retrieved on: 
Friday, July 10, 2020

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company, is pleased to announce its participation within a newly formed technical and financial consortium aimed at accelerating the development of a comprehensive rare-earth element (REE) supply chain within the United States.

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company, is pleased to announce its participation within a newly formed technical and financial consortium aimed at accelerating the development of a comprehensive rare-earth element (REE) supply chain within the United States.
  • The consortium comprises financial and industry partners including leading financial advisory firm Amvest Capital Inc., a current Medallion investor.
  • Medallion has developed a proprietary REE extraction process that can play an important role in contributing to the development of an emerging North American REE value chain.
  • Medallion Resources has developed a proprietary process and related business model to achieve low-cost, near-term, rare-earth element (REE) production by exploiting monazite.

Medallion Renews Strategy for US Rare Earth Element Supply Chain

Retrieved on: 
Tuesday, May 26, 2020

VANCOUVER, British Columbia, May 26, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company), is pleased to provide an update on the Companys strategy to develop a secure, 100% domestic supply chain for rare earth elements (REE) within the United States.

Key Points: 
  • VANCOUVER, British Columbia, May 26, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company), is pleased to provide an update on the Companys strategy to develop a secure, 100% domestic supply chain for rare earth elements (REE) within the United States.
  • Medallion is executing on a unique technology-led business model that can deliver the most critical magnet REEs quickly and cost-effectively.
  • Rare earth elements alongside lithium, graphite and cobalt are essential for defense applications, renewable energy generation and storage, and electric mobility.
  • By utilizing low-cost by-product monazite currently mined or stockpiled within the US with a proprietary flowsheet, Medallion is confident that a secure REE supply chain can be developed.

GREENLAND GOVERNMENT PROVIDES RELIEF TO MINING COMPANIES IN RESPONSE TO COVID-19

Retrieved on: 
Wednesday, April 8, 2020

Hudson Resources also holds the Sarfartoq rare earth element (REE) and niobium exploration license in Greenland.

Key Points: 
  • Hudson Resources also holds the Sarfartoq rare earth element (REE) and niobium exploration license in Greenland.
  • In response to the Covid-19 pandemic, the Government of Greenland recently announced that it will be providing emergency relief for mining companies.
  • The first initiative is the waving of mineral exploration license obligations and expenditures through to December 31, 2020.
  • Hudson is unable to make a definitive plan for the reopening of production at this time as a result of the global pandemic.

Esteemed REE Industry Veteran Constantine Karayannopoulos to Keynote G&W and Miller Thomson Rare-Earth Elements and Critical Materials Supply Chains Seminar 2020

Retrieved on: 
Tuesday, February 25, 2020

With the heightened global focus on the critical REE supply chains outside of China, since May of 2019, we felt compelled to broaden the focus of our critical materials seminar series with Miller Thomson to include REEs.

Key Points: 
  • With the heightened global focus on the critical REE supply chains outside of China, since May of 2019, we felt compelled to broaden the focus of our critical materials seminar series with Miller Thomson to include REEs.
  • Mr. Karayannopoulos is an indisputable thought leader within the REE sector, and we welcome the opportunity to host him as our keynote speaker for this important independent event, to hear his unique perspective.
  • He joins a roster of other highly knowledgeable speakers drawn from various nodes within the REE and critical-materials supply chain.
  • REEs are also vital non-substitutable components of renewable-energy supply chains, critical to meeting the US and Canadas future economic, energy and environmental goals.

Medallion Receives US Department of Defense Related Inquiries

Retrieved on: 
Monday, February 10, 2020

The Medallion plant will utilize monazite sand, a rare-earth element rich (>50%) by-product mineral which is abundantly available within the United States.

Key Points: 
  • The Medallion plant will utilize monazite sand, a rare-earth element rich (>50%) by-product mineral which is abundantly available within the United States.
  • The Department of Defenses FOA is seeking proposals to establish or enhance domestic light REE processing and separation capacity under the Defense Production Act (DPA).
  • Importantly, this current Department of Defense project focuses on production of Nd and Pr or when produced together NdPr oxide products.
  • Medallion Resources has developed a proprietary process and related business model to achieve low-cost, near-term, rare earth element (REE) production by exploiting monazite.