Gina Rinehart Continues to Grow her Investment in Lynas Rare Earths, Capitalizing on Energy Transition Opportunities as the Richest Person in Australia
Renowned iron ore billionaire Gina Rinehart has made a strategic move by acquiring a near-6% stake in Lynas Rare Earths Ltd., a key player in the critical minerals industry essential for the energy transition. Through her company Hancock Prospecting Ltd., Rinehart invested over A$40 million in Lynas, propelling the company’s shares to new heights. Lynas, […]
Canaccord Genuity Group Reiterates Rating for Rainbow Rare Earths (LON:RBW)
Rainbow Rare Earths (LON:RBW) received a “speculative buy” rating from research analysts at Canaccord Genuity Group, with a price target of GBX 21 ($0.26). This rating indicates a potential upside of 118.20% from the company’s current price. Berenberg Bank also reaffirmed a “buy” rating with a price target of GBX 38 ($0.47) on Rainbow Rare […]
SRC anticipates annual production of 400 tonnes of rare earths due to new agreement
The Saskatchewan Research Council has announced a groundbreaking partnership with the Vietnam-based Hung Thinh Group that will see the production of 400 tonnes of rare earth metals each year, starting in 2025. This comes after the council signed a five-year agreement in principle to import 3,000 tonnes of rare earth carbonate annually. Rare earth metals […]
Chinese espionage agency warns of foreign infiltration in rare earth and food technology industries
In recent news, two individuals in China have been sentenced to jail time and had their personal property confiscated for providing state secrets to foreign entities. Cheng, who was fined 100,000 yuan (US$13,800) and had property worth 900,000 yuan seized, shared information about rare earths with a foreign non-ferrous metals company. Ye, on the other […]
Gina Rinehart Enters the Critical Minerals Arena as Copper Gears Up for a Bull Run: Technology Metals Report (04.12.2024)
Technology Metals Report Highlights Major Developments in Critical Minerals Industry The latest issue of the Technology Metals Report (TMR) from the Critical Minerals Institute (CMI) showcases some of the most impactful stories from the critical minerals and technology metals industry. The report highlights key developments that are shaping the industry landscape, including advancements in lithium […]
Ideal Timing for New Australian Rare Earth Element Projects
The global rare earths market is facing a bottleneck, with only two operating refineries outside of China struggling to meet demand. However, the tide is turning as new refineries are set to come online, providing a lifeline to ASX mining stocks with projects in Australia. China currently refines a whopping 87% of the world’s rare […]
ASX expert recommends purchasing Lynas shares immediately
Lynas Rare Earths Ltd (ASX: LYC) shares have surged by 2.52% to $6.11 per share on Thursday, showing signs of recovery from a recent dip in share price. The company’s stock hit a 52-week low of $5.49 on March 27 before rebounding by 11% to its current value. Lynas is the leading producer of separated […]
American Rare Earths’ Assay Results Show Increase in Rare Earth Element Concentrations
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) has recently announced exciting assay results from a mapping and sampling program in the Cowboy State Mine area, revealing a potential increase in the mine planning by 64%. The surface samples obtained showed levels of up to 6,221 ppm TREO, exceeding the average of […]
Option Agreement for Copper Licencing in Botswana with Altona Rare Earths
Altona Rare Earths PLC, a resource exploration and development company focused on critical raw materials in Africa, has recently announced a significant milestone in its operations. The company has entered into a binding option agreement with Ignate African Mining P/L for the exploration of copper and silver on Prospecting Licence PL2329/2023 in Botswana, known as […]
Lindian Resources announces final drilling results from rare earths project
Lindian Resources Limited has announced the latest assay results from the Phase 3 infill drilling program at the Kangankunde Rare Earths Project in Malawi, revealing significant intersections of mineralization with high-grade rare earth elements. The Phase 3 program consisted of forty-five drillholes totaling 4886 meters, with the results from nine reverse circulation (RC) holes now […]