Earth

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'

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.

Spire Providing Arctic Intelligence

Tuesday, May 11, 2021 - 12:00pm

b"As new trade routes begin to emerge and competition intensifies in the Arctic, Spire is providing data to inform decisions on critical issues around climate change, navigation, and transportation within the region through its comprehensive data and weather forecasting services.\nResearch shows that Arctic warming is resulting in shrinking sea ice and changing ocean circulation and weather patterns.

Key Points: 
  • b"As new trade routes begin to emerge and competition intensifies in the Arctic, Spire is providing data to inform decisions on critical issues around climate change, navigation, and transportation within the region through its comprehensive data and weather forecasting services.\nResearch shows that Arctic warming is resulting in shrinking sea ice and changing ocean circulation and weather patterns.
  • This enables Spire to map sea ice coverage and delineate the marginal ice zone (MIZ), a transitional region between open sea and dense drift ice.
  • This information can be used to inform navigation plans that avoid sea ice, which Spire expects may become increasingly important as governments and companies in the private sector begin to consider the Arctic as a more viable transit route.\nSpire also provides near real-time vessel tracking capabilities in the Arctic through satellite, terrestrial, and Dynamic\xe2\x84\xa2 AIS data.
  • Through its combination of global vessel tracking data, satellite observations of sea ice, plus weather forecasts of temperature, wind, and other ocean variables, Spire seeks to provide an all-in-one Arctic intelligence solution that gives operators in the Arctic confidence and clarity in this remote area and in uncertain conditions.\n\xe2\x80\x9cThe Arctic is a critically important region for the global economy, but it\xe2\x80\x99s traditionally difficult to observe and track developments there,\xe2\x80\x9d said Keith E. Johnson, Vice President and General Manager, Government Solutions.

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.

Gaia Reports First Quarter 2021 Results

Monday, May 3, 2021 - 9:05pm

b'BOULDER, Colo., May 03, 2021 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the first quarter ended March 31, 2021.\n\xe2\x80\x9cThe first quarter of 2021 was a solid follow through on the results we achieved during the second half of 2020, as we continued to generate net income and cash flows while driving revenue and member growth,\xe2\x80\x9d said Paul Tarell, Gaia\xe2\x80\x99s CFO.

Key Points: 
  • b'BOULDER, Colo., May 03, 2021 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the first quarter ended March 31, 2021.\n\xe2\x80\x9cThe first quarter of 2021 was a solid follow through on the results we achieved during the second half of 2020, as we continued to generate net income and cash flows while driving revenue and member growth,\xe2\x80\x9d said Paul Tarell, Gaia\xe2\x80\x99s CFO.
  • Paying members increased to 750,100 as of March 31, 2021.\nGross profit in the first quarter increased 31% to $16.5 million compared to $12.6 million in the year-ago quarter.
  • Gross margin increased to 87.1% versus 86.9% in the year-ago quarter.\nTotal operating expenses were $16.0 million, or 85% of revenues in the first quarter of 2021 compared to $15.9 million, or 109% of revenues, in the year-ago quarter.
  • With the improvement, Gaia ramped its investment in original content as planned during the first quarter of 2021.

MP Materials Announces Timing of Q1 2021 Financial Results Release, Conference Call and Webcast

Monday, April 26, 2021 - 9:17pm

b'You will receive your access details via email.\nReplay: A recording will be available until Thursday, 20th May 2021.\nClick on the following link and enter the access code: 511983\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.

Key Points: 
  • b'You will receive your access details via email.\nReplay: A recording will be available until Thursday, 20th May 2021.\nClick on the following link and enter the access code: 511983\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.
  • With over 300 employees, the Company owns and operates Mountain Pass, an iconic American industrial asset, which is the only rare earth mining and processing site of scale in the Western Hemisphere and currently produces approximately 15% of global rare earth content.
  • 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 uniquely combine low production costs with best-in-class environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210426005839/en/\n'

American Family Group Enters into Multi-year Agreement with Karen Clark & Company

Monday, April 26, 2021 - 12:00pm

b'Karen Clark & Company (KCC) is pleased to announce that American Family Group (American Family) has licensed KCC\xe2\x80\x99s full suite of US catastrophe models delivered through the RiskInsight\xc2\xae open loss modeling platform.\n\xe2\x80\x9cWe\xe2\x80\x99re thrilled to be partnering with American Family, one of the country\xe2\x80\x99s largest and most highly regarded insurers,\xe2\x80\x9d said Karen Clark, KCC chief executive officer.

Key Points: 
  • b'Karen Clark & Company (KCC) is pleased to announce that American Family Group (American Family) has licensed KCC\xe2\x80\x99s full suite of US catastrophe models delivered through the RiskInsight\xc2\xae open loss modeling platform.\n\xe2\x80\x9cWe\xe2\x80\x99re thrilled to be partnering with American Family, one of the country\xe2\x80\x99s largest and most highly regarded insurers,\xe2\x80\x9d said Karen Clark, KCC chief executive officer.
  • \xe2\x80\x9cFor example, KCC\xe2\x80\x99s advanced and automated processes provide hail and tornado/wind intensity footprints by 7 am ET each morning that American Family can use to monitor and manage daily claims activity.
  • KCC professionals are globally recognized experts in catastrophe modeling and risk management who work with (re)insurance company executives to enhance business strategies, competitive advantage, and financial results.
  • KCC catastrophe models currently cover tropical cyclones, extratropical cyclones, severe convective storms, winter storms, floods, and earthquakes in over 20 countries.

Rare Earth Elements to Make a Strong Comeback After 2020 Setback, Says Beroe Inc

Monday, April 19, 2021 - 2:00pm

The rare earth industry is expected to record a CAGR of 7.5 percent during the forecast period of 2021-2026.

Key Points: 
  • The rare earth industry is expected to record a CAGR of 7.5 percent during the forecast period of 2021-2026.
  • This is expected to lead to a surge in the consumption of rare earth elements in the near term.
  • Such a rare earth market outlook presentsa complete and positive picture of this industry, and the upbeat rare earth metal market trends in particular.\nThere are some defined drivers and constraints for the rare earth market.
  • This clash may impact the rare earth metals marketglobally.\nCurrent rare earth metal price trends indicate that the Neodymium metal prices will reduce by 0.5 percent and average at $65.77/Kg.

Rare Earth Elements to Make a Strong Comeback After 2020 Setback, Says Beroe Inc

Monday, April 19, 2021 - 2:00pm

The rare earth industry is expected to record a CAGR of 7.5 percent during the forecast period of 2021-2026.

Key Points: 
  • The rare earth industry is expected to record a CAGR of 7.5 percent during the forecast period of 2021-2026.
  • This is expected to lead to a surge in the consumption of rare earth elements in the near term.
  • Such a rare earth market outlook presentsa complete and positive picture of this industry, and the upbeat rare earth metal market trends in particular.\nThere are some defined drivers and constraints for the rare earth market.
  • This clash may impact the rare earth metals marketglobally.\nCurrent rare earth metal price trends indicate that the Neodymium metal prices will reduce by 0.5 percent and average at $65.77/Kg.

Defense Metals Prepares Additional High-Grade Rare Earth Element Concentrate Samples For Evaluation By Leading Global Rare Earths Producers

Monday, April 12, 2021 - 10:00am

Defense Metals believes this underscores growing international market demand for readily accessible, high-quality, North American REE products.

Key Points: 
  • Defense Metals believes this underscores growing international market demand for readily accessible, high-quality, North American REE products.
  • Discussions with potential offtake partners have the potential to yield benefits through opportunities for direct project funding, technical services agreements, and access to the full downstream rare earths value chain.
  • 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.
  • is available under Defense Metals Corp.\'s profile on SEDAR ( www.sedar.com )\nView original content to download multimedia: http://www.prnewswire.com/news-releases/defense-metals-prepares-addition...\n'