Rare earth developer Tactical Resources set for US listing with SPAC deal
Vancouver-based rare earths developer Tactical Resources (TSXV: RARE) is set to go public on the Nasdaq stock market through a merger with Plum Acquisition Corp. III (NASDAQ: PLMJ), a US-listed blank-check firm. Tactical is currently developing the Peak project located southeast of El Paso, Texas, with the aim of becoming the next rare earth elements […]
China tightens regulations on rare earth exports
China has tightened its control over the export of rare earths with new regulations aimed at ensuring traceability from mining to processing of these valuable elements. The Chinese government announced that all resources of rare earths belong to the state and no individual or organization has a claim to them. Prime Minister Li Qiang signed […]
The Register reports Beijing’s claim of state ownership over China’s rare earth metals
Beijing Tightens Grip on Rare Earth Metals, Declaring State Ownership In a move that is likely to escalate tensions with the US, Beijing has enacted new regulations officially declaring rare earth metals as the property of the Chinese state. Rare earth elements are crucial minerals used in the production of advanced technologies such as semiconductors, […]
Chief minister of Penang seeking guidance on next steps after discovery of RM100 billion worth of rare earth minerals
Penang’s Hidden Treasure: Rare Earth Elements Worth RM100 Billion Discovered In a groundbreaking revelation, Penang Chief Minister Chow Kon Yeow announced today that the state has been found to have rare earth elements (REEs) estimated to be worth a whopping RM100 billion. The discovery, based on sampling studies conducted by the Minerals and Geoscience Department […]
New regulation gives China greater control over management of rare earths – Firstpost
China has reinforced its control over the rare earth industry with the approval of its first comprehensive regulation covering the mining, metal smelting, and distribution of these critical minerals. The new rules, announced by the State Council on its website, assert that rare earths are national assets, stating that no organization or individual is permitted […]
Rare Earth Minerals Discovered in Wyoming Weighing Two Billion Tons
The recent discovery of 2 billion tons of rare Earth minerals in Wyoming could be a game-changer for the American economy. With the United States currently importing 74 percent of its minerals and relying heavily on China for 95 percent of all Earth minerals, this newfound resource could shift the balance of power in the […]
American Rare Earths Set to Receive A$10.7 Million (US$7.1 Million) in Grant Funding from Wyoming State
American Rare Earths, a mining company based in Wyoming, has received a significant grant of A$10.7 million (US$7.1 million) from the State of Wyoming to advance its Cowboy State Mine at Halleck Creek. The grant, part of a Matching Funds arrangement, will cover various aspects of project development, including further exploration, environmental studies, pilot plant […]
Large Quantity of Scarce Metals Discovered Near Isolated Japanese Island
A groundbreaking discovery of more than 200 million metric tons of rocks rich in manganese, cobalt, and nickel has been found on the seabed off a remote Japanese island. The Nippon Foundation and academics from the University of Tokyo made the revelation after surveying an area near Minamitori Island in Japan’s exclusive economic zone. Lead […]
Appia Commences Drilling at Uranium-Rich Loranger Property in Wollaston Lake, Saskatchewan, Canada
Appia Rare Earths & Uranium Corp. has kicked off its diamond drilling program at the promising Loranger property in Saskatchewan, Canada. The company is on a quest to uncover uranium mineralization by targeting favorable geophysical indicators along the Tabbernor Fault system in the vicinity of the renowned Athabasca Basin. With the primary goal of discovering […]
Can Rare Earth Elements Drive Latin America’s Next Mining Boom?
The industrial landscape of Concepción, Chile, is undergoing a potential revival with the proposal of a mining venture called Penco by Toronto-listed Aclara Resources. The project aims to extract rare earths, essential elements for various modern technologies. With the global demand for these rare earths predicted to surge in the coming years, the Penco project […]