Here’s a roundup of a few points from a panel discussion at this week’s Lithium Supply and Markets Conference in Las Vegas.
The Wall Street Journal reported that Molycorp (OTCMKTS:MCPIQ) is hoping to keep certain elements of its chapter 11 bankruptcy protection plan secret. The firm says its necessary to keep the information away from those who have yet to submit bids on the company.
The Investing News Network spoke with Anthony Marchese, chairman of Texas Rare Earth Resources, about the company’s Round Top project and its recent research contract with the US Defense Logistics Agency.
For more insight on the latest Molycorp news, the Investing News Network spoke with Luisa Moreno, senior analyst and managing partner at Tahuti Global.
Texas Rare Earth reported that data from column leach testing for its Round Top rare earths project has indicated “potentially economically significant amounts of scandium,” suggesting that the company could potentially produce the metal as a by-product.
Medallion Resources has released strong rare earths recoveries from bench-scale metallurgical testing, resulting in a “refinery-ready” sample rare earths product.
Ryan Castilloux of Adamas Intelligence gives a mid-year update on the rare earths market in 2015.
Shareholders have reacted well to the latest piece of Lynas news. The Aussie rare earths miner increased its gross sales revenue by 74 percent quarter-on-quarter to hit AU$51.9 million, a record high.
Investors in the rare earths space may have been hearing more about Chile lately. Privately held mining company BioLantanidos has been making headlines with its rare earths project in the country, which is set to begin producing by the end of 2016.
China removed its export tariffs on rare earths, tungsten and molybdenum at the start of May, and shortly afterwards announced changes to its resource tax regime for rare earths. A number of analysts and market watchers have commented on how those changes might affect rare earths prices — here, Don
Texas Rare Earth announced a key advancement in the development of its rare earth element separation process on Tuesday. Using its continuous ion chromatography methodology, K-Technologies has removed much of the rare earths lanthanum and cerium from a pregnant leach solution containing rare earths from Texas Rare Earth’s Round Top