• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Rare Earth Market
Rare Earth News
Rare Earth Stocks
  • Rare Earth Market
  • Rare Earth News
  • Rare Earth Stocks

Mintek Opens Pilot Rare Earth Solvent Extraction Plant in South Africa

Teresa Matich
Jun. 12, 2015 09:17AM PST
Rare Earth Investing

South Africa’s Mintek has opened a pilot rare earth solvent extraction plant in the country, according to Mining Weekly. According to Alan McKenzie, General Manager for the company’s technology division, the plant cost roughly R10-million to build.

South Africa’s Mintek has opened a pilot rare earth solvent extraction plant in the country, according to Mining Weekly. According to Alan McKenzie, General Manager for the company’s technology division, the plant cost roughly R10-million to build.

As quoted in the publication:

He pointed out that Southern Africa possessed significant rare earth element deposits, highlighting that South Africa alone had over a one-million tons of know rare earth element deposits.

McKenzie said the plant had the potential to assist South Africa in growing its rare earth element sector, as, unlike conventional refineries, it could process ore and chemical concentrates from multiple mines. This would enable mines, particularly those owned by junior miners, to combine their resources to establish one processing facility to be shared among them.

“Many rare earth deposits are currently owned by junior miners and they are finding it very difficult to raise the money that is required to develop these projects. A significant portion of the costs of these operations is related to the refining of rare earths,” he said.

junior miners rare earth deposits
The Conversation (0)

Go Deeper

AI Powered
Periodic table symbols for 17 rare earth elements.

Rare Earths Stocks: 9 Biggest Companies

ReeXploration

ReeXploration

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES