US to provide funding for Rainbow Rare Earths mining project listed in London amidst escalating competition with China
The US Government is set to bankroll London-listed miner Rainbow Rare Earths in developing a South African mine for key energy transition metals extraction. With China currently dominating the rare earth space, controlling 70% of mining and 90% of refined output, the US aims to support projects that can compete against this monopoly. Rainbow Rare […]
Iran announces the launch of new advanced uranium enrichment machines in celebration of Nuclear Day
Iran’s President Hassan Rouhani made a bold statement on National Nuclear Technology Day as he oversaw the launch of advanced centrifuges at the Natanz nuclear plant, reaffirming Iran’s commitment to nuclear non-proliferation despite recent breaches in the 2015 deal. In response to former president Donald Trump’s withdrawal from the nuclear deal in 2018, Iran has […]
Adonis Pouroulis Increases Holding in Rainbow Rare Earths by 1.3%
Rainbow Rare Earths Limited has caught the attention of investors after Non-Executive Chairman, Adonis Pouroulis, made a significant purchase of the company’s stock. Pouroulis bought UK£112k worth of shares at a price of UK£0.098 per share, increasing their holding by 1.3%. This purchase follows another substantial investment earlier in the year, where Pouroulis bought shares […]
High-field superconductivity in orphan uranium ditelluride compounds
In a groundbreaking new study, researchers have discovered a remarkable phenomenon in the superconducting material UTe2. The study, published in Nature Communications, reveals that in orphan UTe2 samples, no evidence of the SC1 or SC2 superconducting phases was observed in any orientation in the bc plane when the applied magnetic field was less than 35 T. […]
Colossus achieves world record in rare earth recovery, claims Viridis
Viridis Mining & Minerals has recently announced the impressive results from their Colossus project, which consists of four concessions in Brazil. CEO Rafael Moreno expressed excitement over the project’s potential, stating that Colossus is on track to become a global leader in the recovery of rare earth elements such as neodymium, praseodymium, dysprosium, and terbium. […]
GoviEx’s share price drops as Niger uranium project deadline looms
The government in Niger, which took power in a coup last July, has raised concerns for Vancouver-based uranium company GoviEx. The government holds a 20% stake in the Madaouela project, the continent’s biggest uranium producer after Namibia. GoviEx expressed worries that the junta may revoke its mining permit, putting the project at risk. In response, […]
Strong demand for ASX rare earths stocks due to healthy appetite
Rare earths stocks have seen a surge of interest recently, with mining billionaire Gina Rinehart making strategic equity moves in the sector. Rinehart’s acquisition of a stake in US producer MP Materials, along with her increased investment in Lynas, has fueled optimism in a sector that has been struggling. Analysts are also predicting a price […]
Alaska Energy Metals Files Amended NI 43-101 Technical
Alaska Energy Metals Corporation (AEMC) has filed an amended Technical Report for its Nikolai Nickel Project in Alaska, effective April 12, 2024. The report, which follows a review by the Canadian Securities Administration, confirms that the Mineral Resource Estimate remains unchanged from the original report filed on March 14, 2024. Minor edits included the addition […]
Properties in the Kachiwiss Uranium Area offered by Globex Options
Globex Mining Enterprises Inc. recently made a significant announcement regarding a new option agreement with Victory Battery Metals Corp. This agreement allows Victory to earn 100% interest in four Globex claim groupings in the Sept Iles region of Quebec. One of the key aspects of this agreement is the inclusion of the Kachiwiss Uranium deposit, […]
Si6 sparks up “Lithium Valley” with fresh drilling campaign in Brazil
Si6 Metals is gearing up for its third drilling program in Brazil’s renowned “Lithium Valley”, with plans to plunge 20 auger holes as the company zeroes in on lithium and rare earths soil anomalies. The drilling follows up on a 103 parts per million lithium hit and a 710ppm total rare earth oxides (TREO) strike […]