Rare Earth Mining

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Monte Alto Metallurgical Results Successfully Deliver High-Purity MREC and Yellowcake Product
Globenewswire· 2025-06-12 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) has successfully produced a mixed-rare earth carbonate (MREC) and uranium peroxide from the Monte Alto Project, marking a significant milestone in establishing a fully integrated rare-earths and critical-minerals supply chain in Brazil [1][3]. Metallurgical Highlights - The completion of the second phase of metallurgical test work with ANSTO Minerals has validated BRE's development strategy [3][5]. - High-purity MREC production meets quality specifications for conventional solvent-extraction separation circuits [6]. - Strong recoveries of magnetic rare earth elements NdPr and DyTb achieved, with total rare-earth oxide (TREO) extraction rates between 86-90% [6][7]. - Successful extraction of uranium with the precipitation of uranium peroxide, enhancing the product strategy [6][8]. - Direct 'run-of-mine' mineral-to-MREC route provides capex and opex advantages, increasing total rare-earth yields [6][7]. - Ongoing metallurgical studies aim to produce separated NdPr rare earth products and recover valuable co-products like niobium, tantalum, and scandium [6][9]. Product Strategy - The company targets four high-value products: NdPr oxide, a heavy rare earth-rich SEG+ concentrate, uranium, and a valuable co-product stream including niobium, scandium, and tantalum [8][9]. - The SEG+ product is particularly rich in critical elements such as dysprosium, terbium, samarium, gadolinium, and yttrium, which are essential for advanced industries [10][11]. Strategic Advantages - Brazil's unique location offers structural cost advantages for downstream processing due to abundant low-cost hydroelectric power, skilled labor, and domestic reagent supply [9][11]. - The exceptional chevkinite-rich mineralogy of Monte Alto reinforces confidence in unlocking shareholder value through low-cost leaching and conventional solvent-extraction methods [11].
Diamond Drilling Confirms Sulista West as an Ultra High-Grade Project, Expanding a Major Rare Earth Exploration District
Globenewswire· 2025-05-29 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) has reported significant exploration results at the Sulista Project, confirming the discovery of an ultra-high-grade REE-Nb-Sc-Ta-U deposit and a new mineralised corridor [1][5] Group 1: Exploration Results - The Sulista West diamond drilling results revealed ultra-high-grade mineralization, with notable drillhole JITDD0006 showing 20.4m at 11.8% Total Rare Earth Oxides (TREO) and 4.2m at 18.9% TREO [2] - Additional highlights include drillhole JITDD0011 with 12.0m at 12.5% TREO and 4.2m at 17.0% TREO, and JITDD0004 with 5.5m at 10.7% TREO and 1.0m at 17.0% TREO [2] - The highest uranium and tantalum grades recorded since exploration began in 2021 include up to 8,211 ppm U3O8 and 2,803 ppm Ta2O5 [4] Group 2: New Discoveries - A new "Outcrop Ridge" discovery was made with grab samples showing up to 20.6% TREO, located 2.5 km southwest of the Sulista West deposit, indicating significant extension potential [4] - Ultra-high-grade boulder samples at Sulista North revealed assay grades of 21% TREO, including 37,390 ppm NdPr and 6,588 ppm Nb2O5 [4] Group 3: Strategic Implications - The exploration results bolster confidence in the Rocha da Rocha Province's potential to host multiple Monte Alto-style ultra-high-grade rare earth deposits, which could have major implications for the strategic supply of heavy rare earths and other critical minerals [5]
American Rare Earths Advances Permitting at Cowboy State Mine
Globenewswire· 2025-05-28 13:03
Core Insights - The successful installation of groundwater monitoring wells at the Cowboy State Mine marks a significant milestone in the environmental permitting process for American Rare Earths Limited [2][3][5] - The project is part of the Halleck Creek Rare Earths Project in Wyoming, which is strategically positioned to support U.S. critical minerals supply chain security [6][9] Environmental Permitting Process - Groundwater monitoring wells have been installed to collect baseline hydrological and environmental data, which is essential for the state mining permit application [3][4] - The data collection will inform groundwater modeling, mine planning, and support the formal submission of the mining permit application [4][8] - The permitting process benefits from a simplified framework due to the project being located on State-managed land [4][7] Project Development Timeline - The company is on track to complete the Pre-Feasibility Study (PFS) by the end of 2025, with ongoing data collection and analysis [5][8] - Quarterly groundwater sampling and analysis will continue throughout the 12-month monitoring period, alongside 24-hour pump tests [8][9] Strategic Importance - The Halleck Creek Project is one of the largest rare earth projects in the U.S., with a JORC Resource of 2.63 billion tonnes, highlighting its potential to secure America's critical mineral independence [7][9] - The project aims to reduce U.S. reliance on rare earth imports, particularly from China, while addressing the growing demand for these elements in defense and advanced technologies [9]
BRE Secures Strategic Partnership with SENAI CIMATEC
Globenewswire· 2025-05-20 12:30
SENAI CIMATEC, based in Salvador, Bahia, operates as a leading Brazilian hub for technology, innovation, and industrial development. The institution specializes in robotics, advanced manufacturing, aerospace, mineral and mining technologies. SENAI CIMATEC maintains cooperative research agreements with renowned global institutions including MIT, the University of Virginia, and the Fraunhofer Institute. A link to the full announcement can be found here. Contacts SYDNEY, May 20, 2025 (GLOBE NEWSWIRE) -- Brazil ...
How this coal company could help break U.S. dependence on China for rare earths
CNBC· 2025-05-13 15:06
Company Overview - Ramaco Resources, a small coal miner based in Kentucky, has discovered a significant deposit of rare earth elements at its Brook Mine in Wyoming, which it purchased for $2 million [2][3] - The company has a market capitalization of $571 million and primarily mines coal for steel production in West Virginia and Virginia [3] Discovery and Potential Impact - The Brook Mine is estimated to contain up to 1.7 million tons of rare earth oxides, which could significantly alter the company's fortunes [2] - This discovery aligns with U.S. efforts to reduce dependence on China for rare earth elements, which are critical for national defense [3][4] National Security and Supply Chain - The U.S. relied on foreign countries for approximately 10,000 metric tons of rare earths in 2023, with China accounting for 70% of imports [4] - Ramaco's Brook Mine could help alleviate a national strategic supply shortfall of rare earths and critical minerals, allowing the U.S. to process its ores domestically [5] Production Capacity - The Brook Mine is projected to produce an estimated 1,400 metric tons of rare earth elements annually, marking the first new rare earth facility in the U.S. in over 70 years [5]
American Rare Earths Channel Sampling Program Highlights TREO Grades up to 13,651 ppm
GlobeNewswire News Room· 2025-05-08 12:33
Core Insights - American Rare Earths Limited (ARR) reported positive results from a mapping and channel sampling program at the Cowboy State Mine (CSM) in Wyoming, confirming elevated rare earth mineralization [2][3] - The standout sample graded 1.37% (13,651 ppm) Total Rare Earth Oxide (TREO), with an average TREO grade of 3,661 ppm across the sampled area [3][10] - The project is positioned to become a significant source of critical rare earth materials in the U.S., particularly neodymium, praseodymium, dysprosium, and terbium, which are essential for high-temperature magnets [5][6] Sampling Results - A total of 106 channel samples were collected, with 15 samples exceeding 4,500 ppm TREO, indicating areas of high-grade material [3][10] - Magnet rare earth oxides (MREO) averaged 1,023 ppm, accounting for approximately 28% of the total rare earth content, while heavy rare earth oxides (HREO) averaged 464 ppm, representing around 13% [3][10] Project Development - The southern portion of Red Mountain is highlighted as hosting some of the highest-grade material observed to date for the CSM area, with results being incorporated into an updated geological model and mineral resource estimate [4][10] - The Pre-Feasibility Study for the project is on track for completion in late 2025, with plans for onsite mineral processing and separation facilities [4][11] Strategic Importance - The project is strategically located on state lands in Wyoming, providing a clear path for development without the need for federal permitting reform [7] - With China's recent export bans on critical rare earths, the national importance of Halleck Creek as a secure domestic source has been emphasized [7] Future Outlook - A staged development plan could see first production as early as 2029, positioning Halleck Creek as one of America's most significant rare earth projects [8] - The project aims to reduce U.S. reliance on rare earth imports, particularly from China, while meeting the growing demand for these elements essential to defense and advanced technologies [11]
Brazilian Rare Earths March 2025 Quarterly Report
Globenewswire· 2025-04-29 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) reported record exploration success at Monte Alto, highlighting significant mineralization and high-grade rare earth elements [1][5] - The company has confirmed the Pelé project as a district-scale high-grade rare earth project, indicating substantial potential for future development [2] - The Amargosa Bauxite-Gallium Project has opened new pathways for value creation at a province scale, enhancing the company's portfolio [3] Financial Position - As of March 31, 2025, BRE held A$75.4 million in cash, positioning the company well for planned exploration and feasibility work programs through 2026 [5] Exploration Highlights - New exploration results at Monte Alto revealed ultra-high-grade rare earth intercepts up to 45.7% TREO, with standout grades of 69,558 ppm NdPr and 11,696 ppm DyTb [5] - Drilling at Monte Alto extended thick horizons of shallow high-grade monazite-sand mineralization, including 18m at 6.8% TREO from surface [5] - At Pelé Target 1, high-grade rare earth outcrops were discovered with grades up to 17.7% TREO, and diamond drill results returned assays of up to 13.5% TREO [5] Bauxite-Gallium Project Developments - BRE and Rio Tinto replaced a US$40 million bauxite production-linked milestone payment with a fixed royalty of US$1.00 per wet tonne on future bauxite sales, enhancing funding flexibility [5] - Historic drilling confirmed thick, high-grade bauxite intervals, including 27.5 meters at 51.3% total available alumina content [5] - New gallium discoveries were made with exceptional grades of up to 190 ppm Ga2O3, prompting the appointment of RPM Global for a JORC-compliant resource and scoping study [5]
“稀土小强”缅甸,为何如此重要?
Mei Ri Jing Ji Xin Wen· 2025-03-31 15:57
Core Viewpoint - The recent 7.9 magnitude earthquake in central Myanmar has raised global concerns, resulting in significant casualties and potential disruptions to the country's critical mineral supply chains, particularly in rare earth elements and tin production [1][3]. Mineral Industry Impact - Myanmar is a major global producer of antimony, tin, and rare earth elements, with rare earths accounting for approximately 60% of China's total imports [3][9]. - The earthquake's impact on the rare earth supply chain is uncertain, with expectations that imports may not recover in the short term due to potential disruptions in production and transportation [13][14]. - Myanmar's rare earth production has seen significant growth, reaching 31,000 tons in 2020, but is projected to decline to 31,000 tons in 2024, representing 7.9% of global production [9][12]. Tin Production Insights - Myanmar ranks as the third-largest tin producer globally, with significant contributions from the Wa region, which accounts for 90% of the country's tin output [14][16]. - The earthquake may lead to increased risks of mine collapses and equipment damage, potentially halting production and affecting the supply chain [14][16]. - Tin prices have experienced volatility, with a notable increase from 211,000 CNY/ton to a peak of 290,500 CNY/ton, driven by supply constraints and geopolitical tensions [16]. Geographical and Economic Context - Myanmar's strategic location between China and the Indian Ocean makes it a vital source of various minerals for China [3][17]. - The city of Mandalay, significantly impacted by the earthquake, serves as a crucial hub for jade trade and connects major mining areas to Chinese markets, highlighting the deep economic ties between Myanmar and China [17].
Critical Metals Corp.'s Tanbreez Valued at $3 Billion With IRR of 180% and Significant Additional Upside Potential
GlobeNewswire News Room· 2025-03-31 12:30
Core Insights - Critical Metals Corp has released an independent Preliminary Economic Assessment (PEA) for the Tanbreez Project, highlighting its significance as one of the largest rare earth deposits globally with a mineralized kakortokite unit of 4.7 billion metric tons [1][2] Economic Assessment - The PEA indicates a Net Present Value (NPV) of approximately US$3 billion, with a range of US$2.8 billion to US$3.6 billion at discount rates of 15% and 12.5% respectively, and an Internal Rate of Return (IRR) of about 180% [2] - The NPV calculation is based on an initial Mineral Resource Estimate (MRE) of 44.97 million metric tons of rare earth materials, representing roughly 1% of the total host rock [2] Development Strategy - The CEO of Critical Metals Corp emphasized the project's economic potential and its role in supporting a Western supply chain for rare earths, particularly in light of recent U.S. policy initiatives [4] - The company plans to conduct additional drilling campaigns to unlock further resource potential and expects to complete a definitive feasibility study by the end of 2025 [4] Investment and Ownership - Critical Metals Corp currently holds a 42% equity interest in the Tanbreez Project and plans to invest US$10 million in exploration by the end of 2025 [5] - Upon completion of this investment, the company will have the option to acquire an additional 50.5% equity interest, increasing its total ownership to 92.5% [5] Project Highlights - The Tanbreez Project is designed for phased growth, with initial production expected to be around 85,000 tons per annum (tpa) of Rare Earth Oxides (REO), scalable to approximately 425,000 tpa [7] - The project has been granted an exploitation license and is aligned with environmental, social, and governance (ESG) standards, featuring low radioactivity and minimal environmental impact [7] - Its strategic location provides deep-water fjord access and proximity to existing infrastructure, enhancing logistical advantages [7][8] Strategic Positioning - Critical Metals Corp aims to become a reliable supplier of critical minerals essential for defense applications and clean energy transition, positioning itself as a long-term partner for the U.S. and EU critical mineral sectors [10]
Critical Metals Corp.'s Tanbreez Valued at $3 Billion With IRR of 180% and Significant Additional Upside Potential
Newsfilter· 2025-03-31 12:30
Core Viewpoint - Critical Metals Corp has released an independent Preliminary Economic Assessment (PEA) for the Tanbreez Project, highlighting its potential as one of the largest rare earth deposits globally, with a mineralized kakortokite unit of 4.7 billion metric tons [1][2]. Economic Assessment - The PEA indicates a Net Present Value (NPV) of approximately US$3 billion, with a range of US$2.8 billion to US$3.6 billion at discount rates of 15% and 12.5% respectively, before tax [2]. - The Internal Rate of Return (IRR) is estimated at around 180% based on an initial Mineral Resource Estimate (MRE) of 44.97 million metric tons of rare earth materials, which constitutes about 1% of the total host rock [2]. Development Strategy - The PEA confirms the economic viability of the Tanbreez Project and accelerates its development strategy, positioning it as a critical component of the Western supply chain for rare earths [4]. - The company plans to conduct additional drilling campaigns to unlock further resource potential and increase the project's NPV [4]. Investment and Ownership - Critical Metals Corp currently holds a 42% equity interest in the Tanbreez Project and plans to invest US$10 million in exploration by the end of 2025 [5]. - Upon completion of this investment, the company will have the option to acquire an additional 50.5% equity interest, raising its total ownership to 92.5% [5]. Project Highlights - The Tanbreez Project is expected to have an initial production capacity of approximately 85,000 tons per annum (tpa) of Rare Earth Oxides (REO), scalable to about 425,000 tpa [7]. - The project is fully permitted with a mining license granted through to 2050, featuring low radioactivity and minimal environmental impact [7]. - Its strategic location provides deep-water fjord access and proximity to existing infrastructure, enhancing logistical advantages [7]. Strategic Positioning - Critical Metals Corp aims to be a long-term supplier to the US and EU critical mineral and defense sectors, leveraging its robust resource base of 45 million metric tons at 0.40% Total Rare Earth Oxides (TREO) with 27% Heavy Rare Earth Elements (HREE) [7][8]. - The company is also developing the Wolfsberg Lithium Project in Austria, which is the first fully permitted lithium mine in Europe, further strengthening its strategic asset portfolio [9].