Search results “Molycorp rare earth mining”
New California Rare Earth Facility Ramping Up Production
After more than three years of design, engineering, construction, and commissioning, Molycorp's new, state-of-the-art rare earth processing facility at Mountain Pass, California is fully operational and is now ramping up production of rare earth materials for customers around the globe. This complex is one of the world's most technologically advanced, energy efficient and environmentally progressive rare earth facilities. It sets a new standard for the production of rare earths with less impact on the environment.
Views: 24715 Molycorp Inc
Precious minerals at Mountain Pass Mine
Precious minerals at Mountain Pass Mine
Views: 1196 The Press-Enterprise
Rare Earth Mining
VOA's Philip Alexiou talks with the President and CEO of Avalon Rare Metals who recently visited the New York Stock Exchange. Don Bubar who leads the Toronto based company talks about the kinds of rare earth metals Avalon will focus on and how China's rare earth supply policy is affecting the metals and minerals market.
Views: 12197 VOA News
Views: 383 PRIMELOX1
National Security, Rare Earth Elements & The Thorium Problem
"The only operating rare earth mine in the United States sends all of their valuable resources to China for processing. Congress does not know this. They think this [mining] company is supplying the U.S. value chain, [and] is supplying the military. It is in-fact, the opposite. They are part of the Chinese monopoly. They're taking powder and shipping it to China, and it comes back as a magnet, or an alloy, or a bolt-on component." - Jim Kennedy To address this issue, contact your legislators to support H.R.4883 https://www.govtrack.us/congress/bills/113/hr4883 Why can't Molycorp, Lynas or any other 'western' rare earth company succeed? China's production and market advantage in Rare Earth Elements (REE) is largely the result of NRC and IAEA "Source Material" regulations with unintended consequences. Source Material: Materials containing any ratio or combination of Thorium and Uranium above .05%. Producing or holding these materials within the regulatory threshold (.05%) requires extensive and wide-ranging licensing, storage, transportation, remediation disposal and compliance costs, including prohibitive liability and bonding issues. Consequently any potential supplier of byproduct / co-product rare earth resources that would be designated as "source material' disposes of these valuable resources to avoid liability and compliance issues. NRC / IAEA regulations regarding "Source Material" played a key roll in undermining the economic viability of all 'western' rare earth producers and are a critical factor in China's current 'market advantage'. Producers like Molycorp and Lynas, with low Thorium deposits, can never compete with China. Resources are abundant and available: U.S mining companies currently mine as much as 50% of global Rare Earth Elements demand every year. But these resources are diverted in tailings lakes or are redistributed back into the host ore body, due to NRC and IAEA regulations defining Monazite and other Thorium bearing rare earth resources as "Source Material". H.R. 4883 would solve the "Thorium Problem" by creating a federally chartered multinational Thorium Energy and Industrial Products Corporation ("Thorium Bank"). Privately funded and operated, this would decouple thorium from rare earth production. The Thorium Corporation would also have Congressional Authority to develop Thorium energy systems and industrial products. Environmental regulations are not scaled back... rather this enables thorium to be stored safely & securely, rather then being treated as "waste". https://www.govtrack.us/congress/bills/113/hr4883 H.R. 4883 thus also addresses the U.S. Weapons Systems current 100% Dependency on China for Rare Earths. http://thoriumenergyalliance.com/downloads/TEAC6/USWeaponsChinese.pdf Federal Legislation governing Strategic Materials, 10 USC 2533b, does not specify rare earths, but includes metal alloys containing limited amounts of manganese, silicon, copper, or aluminum, chromium, cobalt, columbium, molybdenum, nickel, titanium, tungsten, vanadium, nickel and iron-nickel, cobalt, Titanium and Zirconium alloys. Federal Regulations require that these materials be melted in the U.S. Most of these materials are utilized in rare earth alloys, magnets and components in the defense industry. The bill does NOT reclassify thorium. It does NOT alter current environmental protection. It simply resolves "The Thorium Problem" which cripples United States domestic rare earth mining, processing and value-adding processes. Source Footage: Jim Kennedy @ IAEA: http://youtu.be/fLR39sT_bTs Jim Kennedy interview @ TEAC6: http://youtu.be/Dih30mUexrA Jim Kennedy Talk @ TEAC6: http://youtu.be/CARlEac1iuA Stephen Boyd @ TEAC6: http://youtu.be/z7qfOnMzP9Y Stephen Boyd @ TEAC4: http://youtu.be/J16IpITWBQ8 John Kutsch @ TEAC6: http://youtu.be/MgRn4g7a068
Views: 43373 gordonmcdowell
Tasman Metals: Developing Largest Rare Earth Metals Mine in Europe
Dave Gentry, host of the "RedChip Money Report," interviews Mark Saxon, CEO of Tasman Metals. Tasman Metals Ltd (NYSE MKT: TAS) is focused on critical metals including Rare Earth Elements (REE's) and tungsten (W) in Scandinavia. Tasman is listed on the TSX Venture Exchange under the symbol "TSM" and the NYSE-MKT under the symbol "TAS". REE and tungsten demand is increasing, due to the metals' unique properties that make them essential for high technology and industry. Tasman's exploration portfolio is uniquely placed, with the capacity to deliver critical metals from politically stable, mining friendly jurisdictions with developed infrastructure and skills. The Company's Norra Karr and Olserum projects in Sweden are two of the most significant heavy REE resources in the world, enriched in dysprosium, yttrium, terbium and neodymium. The Company is now focused on the safe, sustainable and responsible development of its Scandinavian mineral portfolio. For more information, please visit: http://www.redchip.com/company/basic-materials/TAS/207/rare-earth-elements
Views: 337 RedChip Companies
Molycorp CEO Expects to Beat China in Rare Earth Metals
Molycorp CEO Expects to Beat China in Rare Earth Metals
Views: 2288 HedgeAnalystCom
Gold rush mines a solution for rare earth metals?  Think again...
During America's Gold rush era, miners searched for gold, silver and copper deposits. But what was too early to know back then, is that what they considered to be worthless and tossed aside in the piles of dirt would one day be valuable for modern technology. Yet, in what quantity? Not enough to fuel an industrial boom of any type in the West. Like it or not, 97% of the world's rare earth materials are in China. Meaning that going forward in this high tech world, China will be a major player regardless of politics, economy or metals prices. Remember, most military gear today requires these materials and you cannot build a high tech military without rare elements. http://www.businessweek.com/ap/2013-07-21/gold-rush-era-discards-could-fuel-cellphones-tvs http://dailygadgetry.com/rare-elements-to-fuel-cellphonestossed-aside-during-gold-rush/1313 http://www.salon.com/2013/07/21/gold_rush_era_discards_could_fuel_cellphones_tvs/singleton/ http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9951299/Japan-breaks-Chinas-stranglehold-on-rare-metals-with-sea-mud-bonanza.html http://www.usnews.com/news/blogs/at-the-edge/2013/04/02/chinas-continuing-monopoly-over-rare-earth-minerals http://www.theverge.com/2013/7/21/4542872/gold-rush-mines-could-be-rich-in-rare-earth-metals
Views: 911 clearasvodka
Is It Safe To Invest In Mining Rare Earth Metals?
Guy is heavily invested in energy. His oil stocks aren't doing so well, so Guy started investing in Uranium mining. He planned his investment around the hopes for new nuclear power facilities being built in China and the United States, but these facilities can take decades to construct. Wes discusses the role of mining and the materials sector in the S&P 500. Original air date: March 4, 2018 - Hour 2, Call 1. Wes Moss is the host of MONEY MATTERS – the country’s longest running live call-in, investment and personal finance radio show – on News 95-5FM and AM 750 WSB. You Can Retire Sooner Than You Think, Buy it here: https://retiresoonerbook.com/
Mining rare metals with super grass | DW English
A German researcher is experimenting with different varieties of reed grass to see how good they are at sucking up rare earth elements which can then be extracted and are sorely needed for industrial production. More Environment Videos: http://www.dw.com/en/top-stories/environment/s-11798
Views: 995 DW English
Molycorp's Smith Sees China Limiting Rare Earth Exports
Sept. 26 (Bloomberg) -- Mark Smith, chief executive officer of Molycorp Inc., talks about China's rare earth metals' production and exports. Smith also discusses Molycorp's Mountain Pass, California, project. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Views: 533 Bloomberg
Running From Rare Earth Metals
June 30 -- From smartphones to ballistic missiles and hybrid cars, so much of our high tech works because of rare earth metals. Yet the U.S.' biggest rare earth miner Molycorp has filed for bankruptcy. Bloomberg's Ramy Inocencio explains what rare earth metals are and why Molycorp isn't the only miner on the brink of a bust.
Views: 2216 Bloomberg
Molycorp: Why It's Extremely Undervalued & Best of Breed in Rare Earth Miners
Please visit my blog at http://www.jasonburack.com to learn more and checkout the Wall St for Main St Facebook fanpage where you can learn and join in on the conversation! Also, please checkout Mo Dawoud's blog, the Mo Money Blog, at http://www.momoneyblog.com http://www.molycorp.com/ http://www.techmetalsresearch.com/ http://www.australianrareearths.com/ http://www.rareearthmarketnews.com/ http://www.raremetalblog.com/ http://rareearthinvestingnews.com/ http://www.financialsensenewshour.com/broadcast/fsn2010-0807-2.mp3
Views: 3107 WallStForMainSt
TRER's Anthony Marchese talks Molycorp, Jack Lifton and on Round Top's Heavy Rare Earth Project
July 18, 2014 -- Tracy Weslosky, Editor-in-Chief and Publisher of Investor Intel speaks to Anthony Marchese, Chairman of Texas Rare Earth Resources Corp. ('TRER', OTCQX: TRER) about the state of Molycorp as well as TRER's world class deposit (including beryllium and a 70% heavy rare earth concentration) with outstanding infrastructure in Texas at the Round Top rare earth minerals project. Anthony suggests that as Molycorp's share price continues its steady decline, in the last several days there have been many rumors that "there are entities that are acquiring Molycorp's bonds in the expectation that the Company will experience a significant restructuring, which will allow these 'entities' to eventually control the Company. Anthony says that as rough as it has been for Molycorp investors, it may yet get worse. Yet, many professionals in the investment sector still associates the entire rare earths industry with Molycorp. "So my concern is that those who follow Molycorp believe that somehow Molycorp's price movement and problems are endemic to the entire industry. And this is not the case." Molycorp is concentrating on light rare earths, while China, which could supply the world with large quantities of light rare earths, is starting to look for heavy rare earths around the world and especially in Australia. Tracy points out that even as she and Jack Lifton had already seen the heavy vs. light rare earths demand dynamic taking shape five years ago: "most people don't understand the complexities while Molycorp presented itself as having heavies. Anthony says that Molycorp's heavies are actually extracted in China. "I believe that Mountain Pass in California does not have heavies." Anthony talks about the election of noted rare earths industry expert Jack Lifton to its Board of Directors last September. Jack has been 'a very independent thinker' and very influential in forming TRER's strategy. TRER's deposit shows a very clear mineralogical pattern which has proven to be heap leachable, which is similar to what might be found in China. As a result, TRER is looking for a strategic partner in its next phase of development. Nick Pingitore, a geologist at the University of Texas, and a Board member, is the architect of the heap leach processing approach. TRER's land and the China clay deposits are the only REE deposits in the world to use simple heap leach processing. Anthony says that TRER will have more announcements about the metallurgy in the near future and that they are making tremendous strides in this area. Ultimately, TRER is also about low CAPEX and significant profitability. Texas Rare Earth Resources' revised CAPEX was reduced from $2.1 billion to approximately $293 million, among the world's lowest -cost REE projects. Disclaimer: Texas Rare Earth Resources Corp.is an advertorial member of InvestorIntel.com.
Views: 622 InvestorIntel
US Mining Companies Show New Interest in Rare Earths
I'm Mario Ritter with the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish Today we continue our report on the group of chemical elements known as rare earth metals. These are mined from the earth and used to make technology from mobile phones to missiles. The United States once led the world in rare earths. Today China controls almost all production. Premier Wen Jiabao says China will not use these metals as a diplomatic weapon. But Japan says exports meant for that country have remained at Chinese ports as a result of a recent dispute. The United States stopped mining rare earths in two thousand two. Companies blamed environmental rules and low-priced imports from China. But now exploration is moving forward again. Edward Cowle is president and chief executive of a company called U.S. Rare Earths. He and his partners gained rights to some land in the American West about fifteen years ago. They had been interested in thorium -- a radioactive element that can fuel nuclear reactors but not be processed into weapons. Mr. Cowle later found that the land also held a lot of rare earth metals -- lately a subject of intense interest. The company has not started mining yet. It still has to get permits and work with other businesses to put operations in place. Ed Cowle says a lot of work remains. He says the earliest that they could open the mine would be in six to seven years. Another American company is Molycorp. Jim Sims, the public affairs director, says Molycorp has already begun producing three thousand tons of rare earths a year. That makes the United States the world's second largest producer, a distant second. Mr. Sims says Molycorp is the western hemisphere's only producer of rare earth products. The company says the largest reserves of rare earths outside of China are in its mine in Mountain Pass, California, and in the Mount Weld area of Australia. Jim Sims says Molycorp spends only about ten percent on mining. The big cost is in chemically separating the rare earths from the minerals that carry them. He says Molycorp raised about three hundred eighty million dollars when it sold stock to the public for the first time in July. The company aims to increase production to twenty thousand tons by two thousand twelve. It says that would more than meet current levels of demand in the United States. For VOA Special English, I'm Mario Ritter. (Adapted from a radio program broadcast 15Oct2010)
Views: 35539 VOA Learning English
Molycorp's Smith SeeModerate Growth in Rare-Earth Demand: Video
Sept. 30 (Bloomberg) -- Mark A. Smith, chief executive officer of Molycorp Inc., discusses the outlook for rare-earth metals demand and the U.S. economy. Molycorp is owner of the world's largest non-Chinese deposit of rare-earth metals. Smith talks with Deirdre Bolton on Bloomberg Television's "InsideTrack." (This report is an excerpt of the full interview. Source: Bloomberg)
Views: 1378 Bloomberg
Views: 216 PRIMELOX1
Views: 239 PRIMELOX1
Views: 256 PRIMELOX1
US Resumes All-Important Rare Earth Mining to Offset Chinese
A major U.S. mine for rare earth metals has gone back into operation, adding a much needed source to offset China's control of the unique group of materials necessary to build tech gadgets like smart phones and laptops. Check out the full story here: http://www.pcworld.com/businesscenter/article/214938/us_rare_earth_mine_resumes_active_mining.html
What gets Mark Smith's blood pumping
NioCorp Developments Ltd. CEO, who was formerly CEO of Molycorp and Chevron Mining, discusses his motivation in joining NioCorp as CEO.
Views: 155 CEO.CA
Rare Earth Mining Stocks in a Bubble
Rare Earth Mining Stocks in a Bubble
Views: 903 HedgeAnalystCom
Molycorp: Financing the Production of Rare Earth Minerals (A) Case Solutions
http://www.thecasesolutions.com/ This case is about MOLYCORP: FINANCING THE PRODUCTION OF RARE EARTH MINERALS (A) Get your MOLYCORP: FINANCING THE PRODUCTION OF RARE EARTH MINERALS (A) Case Solution at TheCaseSolutions.com TheCaseSolutions.com is the number 1 destination for getting the case studies analyzed. http://www.thecasesolutions.com/molycorp-financing-the-production-of-rare-earth-minerals-a-2-33701
Worldwide supply of critical rare earth elements about to expand
Tucked in the middle of the Desert, near the Nevada Border, Molycorp's Mountain Pass, California mine specialises in finding rare earth elements hiding in regular-looking rocks.
Views: 99 techworld
Molycorp Minerals Video
Views: 5843 mocrodesign
China's hold on rare earths
As China stockpiles rare earth minerals used to manufacture consumer items like iPhones and cameras, the U.S. is facing a growing shortage.
Views: 2028 CNNMoney
Rare Earth Mining Stocks in a Bubble
Rare Earth Mining Stocks in a Bubble
Views: 54 HedgeAnalystCom
Rare Earth Minerals Turn Villages to Ruins
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews Baotou, Inner Mongolia is China's largest rare earth mineral production base. Although it is a precious mineral resource, rare earth imposes great dangers of pollution. Recently, French media reported from Baotou. Entitled "In China, rare earths are killing villages", the report highlighted massive environmental pollution. It revealed the impact of the production of rare earth minerals on local residents, animals and land. The following is our report. French media 'Le Monde' reported from Baotou, stating that by aerial viewpoint, it looks like a large lake, fed by numerous tributaries. On site, it is actually an opaque discharge covering an area of 10 km2. Surrounding the industrial plants producing 17 minerals are reject waste waters loaded with chemicals. There are no fish or algae The Le Monde article introduced that rock from Bayan obo rare earth ore mine, located 120 kilometers away, are sent here for treatment. The concentration of rare earth in the rocks is very low and must be separated and purified by hydrometallurgical processes and acid baths. In the effluent basin are exist all sorts of toxic chemicals and radioactive elements such as thorium. Ingestion of these toxins causes cancer of the pancreas, lung and blood. A pungent odor exudes within radius of 10 miles. Local villagers have been suffering from cancer. Rows of brown houses in the village have been reduced to rubble. Sichuan environmentalist Chen Yunfei indicates that rare earth refining process causes great environmental pollution and destruction. People are unaware of the specific dangers of this project, and the specialists involved in the decision-making. Chen Yunfei: "Some officials only work on the image projects for profit. They relocate once the money has been made. Some officials collude with the business, caring about nothing but profit, leaving the mess for the public." According to local residents, Baotou used to be a vast grassland. In 1958 the state enterprise Baotou Iron and Steel Company began producing rare earth production. By the end of 1980, locals found that the plant was in trouble. Last year, China Environment News reported that Baotou Iron and Steel Group's tailing dam leakage has caused damage to five surrounding villages. It has affected more than 3000 farmers, and ruined more than 3,295 Acres of farmland. Ma Peng, former Director of the Baotou Rare Earth Research Institute, indicated that due to the lack of a barrier below the tailing dam, the mining waste is directly discharging into the Yellow River. The discharge is at a rate of 300m per year. The residents also said that further pollution has been caused by other industries and thermal power plants. These industries followed rare earth production by the Baotou Iron and Steel Company. Local residents have to breathe air saturated with sulfuric acid and coal dust. Coal dust is airbourne around the houses. Cows, horses, chickens and goats are being killed by these poisons. The locals have fled, and Xinguang Sancun village has now decreased from 2000 villagers to 300. Every family is hit with illness. After 20 years of complaints to the local government, the villagers have finally won promises of financial compensation. These have only been partially fulfilled. Miss Hao, a resident of Baotou: "We all know. The government is too dark. No one cares about the people, whether they live or die, not to mention the pollution." For many years, there have been calls for attention for the issue of Baotou tailing dam discharging thorium radiation to Baotou and into the Yellow River. The hazards and pollution caused by the Baotou tailing dam have never been effectively alleviated. Environmentalist Chen Yunfei: "This is an investment that has hurt several generations. It has polluted the whole environment. This high cost investment ought to be condemned. Our future generations are going to suffer for it." China Environment News indicated that Baotou is located in the stratum fracture zone. In the event of a major earthquake or large-scale rainfall, the rupture of the tailing dam will threaten the surrounding five villages, as well as tens of thousands of lives of the Baotou Iron and Steel workers. If the tailings flow into the Yellow River, it will cause serious pollution to the river. 《神韵》2011世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 24255 ChinaForbiddenNews
Smith Says Molycorp Sees `Opportunity Window' on Demand
Jan. 4 (Bloomberg) -- Mark Smith, chief executive officer of Molycorp Inc., talks about the demand for rare-earth materials and the company's strategy to increase mining productivity. Molycorp, owner of the world's largest rare-earth deposit outside of China, may double its planned production to help meet global demand after China cut export quotas. Smith speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Views: 459 Bloomberg
name of mining machine rare earths
More Details : http://wwa.stonecrushersolution.org/solutions/solutions.html we will provide a professional answer and quality of services. If this video does not meet your needs I apologize here. Visit Website: http://www.gospellightbaptistschool.com Contact Us For Help: http://www.gospellightbaptistschool.com/chat.html Why safe nuclear will rely on rare earth minerals, ZDNet Why safe nuclear will rely on rare earth minerals. Reactors powered by thorium rather than uranium would dramatically reduce nuclear power's weapons proliferation risk. Japan's Rare Earth Mining on Pacific Ocean Floor Puts Marine The rare earths have been found at depths of 3,500 to 6,000 meters (11,500, 20,000 ft) below the ocean surface at 78 locations in international waters in an Rare Earth Miner Molycorp Explains Why It’s for Real The sudden stock rise in Molycorp, , which wants to mine rare earth elements in California and ultimately produce magnets from those elements for electric motors and rare earth mining crusher listed company, Stone Quarry Plant rare earth mining crusher listed company . Molycorp,Rare Earth Metals; Rare Metals; Laboratory; Environment; History; Molycorp Zibo; Molycorp Jiangyin; Rare Rare Earth Elements in Coal Deposits, a Prospectivity The U.S. May Be “Producing” Over 40,000 Tons of Rare Earth Elements Annually FromTons of Rare Earth Elements Annually From Coal Mining ? LTI is conducting aLTI Can The U.S. Break China's Stranglehold On Rare Earth Metals Can The U.S. Break China's Stranglehold On Rare Earth Metals? These elements are the building blocks of a modern society, and China has all of them. A brighter future for rare earth prices, Mining Australia An ongoing Chinese government crackdown on illegal rare earth mining is finally paying dividends for the country. Rare Earth Elements, National Geographic The Secret Ingredients of Everything From smart phones to hybrid vehicles to cordless power drills, devices we all desire are made with a pinch of rare earths Sea holds treasure trove of rare, earth elements : Nature News The rare, earth elements Despite the name, rare earths aren including copper and nickel as well as rare earths. Commercial mining of Metals: Articles about their properties, geology and use. Metals such as gold, copper, silver, lead and rare earths are essential for construction and modern technology. Rare earth processing: a complicated proposition SUNDANCE, Mining and processing rare earth elements is a particularly complicated endeavor. Unlike other minerals such as gold and silver, rare earth Forget Lithium , , It's Rare Earth Minerals That Are in Short The availability of lithium is a well, known concern with electric vehicle batteries, but much less reported is the concentration of the rare earth minerals Pele Mountain, Eco Ridge Mine Pele’s flagship property is its 100, percent owned Eco Ridge Mine Rare Earths and Uranium Project. Eco Ridge is located in Elliot Lake, Ontario, a proven mining camp Who Owns The West? Mining Claims in America's West Name of Mine Location of Mine Mine Status Metal Mined Owner or Parent Company of Owner; Argentum: Esmeralda County, CA: Open: Rare earths: Columbus S.m., Llc Mining Machinery for Coal, Sand / Iron Ore Crushing and Rare Earth Machine. Rare earth mining crushing rocks mineral processing system Find the Right . LM Vertical Grinding Mill; HPC Hydraulic Cone Crusher; Sand rare earth metals, Yale Environment 360 A shortage of 'rare earth' metals, Likewise, the Mount Weld mine for rare earths in Name : Email address : Comment : Rare Earth Elements, Geoscience Australia The largest Rare Earth Elements Although there is no current production of rare earths in Australia, mining begun in 2007 at the Mount Weld deposit in Western Largest Known Rare Earth Mineral Deposit Discovered Corporation for rights to develop all rare, earth, element Corporation Mining Pacific Century Rare Earth Mineral rare earths were supplied rare earth metals mining machinery iron ore and rare earth; rare earth metals mining machinery; enhanced gravity rare earth mineral recovery; machine supplier for mines rare earth; Contact Us. Argus Rare Earths, Argus Media Argus Rare Earths is the leading independent source of impartial rare earths pricing and market analysis. Surging Rare, Earth Prices Spur Mining in Kazakhstan Surging rare, earth prices are spurring developments of deposits in Kazakhstan, Kyrgyzstan and Greenland as China cuts exports of the metals used in Chemical Extraction Process In Mining Rare Earth Elements chemical extraction process in mining rare earth elements in How Much
Views: 21 Dacuk Porty
Ex-Molycorp CEO Mark Smith's outlook for the company.
Former Molycorp CEO comments on his outlook for the company in 2014.
Views: 1324 CEO.CA
Molycorp Surges as China Raises Rare Earth Deal Stakes
March 7 (Bloomberg) -- China's control of rare-earth metals is providing Molycorp Inc., owner of the largest U.S. deposit of the minerals, with the most-valuable currency in the industry to pursue acquisitions. Bloomberg's Deirdre Bolton reports. (Source: Bloomberg)
Views: 250 Bloomberg
Lifton on the collapse of rare earth prices in China and Neo Materials' survival
September 3, 2015 — In a special InvestorIntel interview, Publisher Tracy Weslosky speaks with Jack Lifton, Sr. Editor for InvestorIntel about the collapse of rare earth prices in China and the impact on the rare earth markets. He also explains what really happened with Molycorp and why Neo Material Technologies still has a pulse. He then explains how at the Global Technology Metals Market summit on October 14th he will be presenting his thoughts on “The impact of China’s economic turmoil upon the technology metals supply chains and how to lessen the impact in the future.” He clarifies that he will be addressing the problems, identifying the hurdles and concluding with real solutions for the entire supply chain of technology metals. Tracy Weslosky: What's happening with Molycorp and what is your conclusion as Robin Bromby's latest piece suggest that this is an absolute catastrophe for our market sector. Do you agree? Jack Lifton: It's not good news for the market sector because so many people have focused on only Molycorp. I haven't made a secret of the fact that I thought their business model was flawed from the first day in that they were focusing on producing the least desirable sector of the rare earths, for the most part, of any light rare earth deposit. 75% or 80% is cerium and lanthanum, which currently are the least valued rare earths in volume production. The fact is the Molycorp mine has only 11% or 12% of neodymium and praseodymium, the magnet metals. Compare it with Lynas at 23% or I think that Peak Resources might even have a higher percentage than that. There are many deposits that have a better percentage. The Molycorp situation was that it was high-grade and high hype, but it was really just a part of the solution. The solution is the total supply chain and always has been. It was not a good idea. It failed. It's not a surprise that when it’s not a good idea – it fails. I think that last year's contribution of Molycorp to the global rare earths market was basically unimportant. I accept the fact that it is a sad day for shareholders of Molycorp who were long-term shareholders. They've lost all the value, but in general this has been like a rock thrown in the ocean. The ripples have long ago settled. Molycorp's disappearance is of no particular impact on the genuine rare earth market. Tracy Weslosky: Before we leave the Molycorp topic, let's talk about Neo Material Technologies. Jack Lifton: Well, I don't know what's happening with the ownership, but Neo Material hasn’t missed a beat in 10 years. Neo Material never depended on the Mountain Pass Mine for raw materials. It's always been able to buy raw material in China at much lower prices. In my opinion, if they took anything from Molycorp, California, it was for political purposes in their own company's bureaucracy. If Neo survives it'll be just fine. It's a well-managed, well-run company and it's doing the right thing. Tracy Weslosky: Our headline from Hongpo this morning was the collapse of the rare earth prices in China. I keep reading about the collapse of rare earth prices but I think these are all overstatements. You're the senior expert here between the two of us. Jack, do we have a collapse of the Chinese rare earth prices? …click here, to access the rest of this interview
Views: 834 InvestorIntel
Uncertainty at Molycorp and strong developments at Tasman, Northern Minerals and Alkane
July 17, 2014 -- Tracy Weslosky, Editor-in-Chief and Publisher of InvestorIntel speaks with Jack Lifton, Founding Principal of Technology Metals Research (TMR), LLC talk about the state of the rare earths sector, starting with Molycorp (NYSE: MCP). Molycorp has been using up cash at an alarming rate and it may well have to restructure and re-finance to survive. Nevertheless, Molycorp still has sufficient cash to be able to pursue new suitors, according to Jack, and this makes them a target for the 'turnaround artist'. Jack says that he expects much activity at Molycorp but not the kind needed "to produce rare earths". Tracy suggests that Molycorp may well be ready to make some important management changes and that the current CEO, Geoff Bedford, will be one of those paying a high price. Jack suggests that the situation is not unlike what happened at Lynas (ASX: LYC), where a 'technical' CEO, Eric Noyrez, was replaced by one with finance background. As for Noyrez, he is still at Lynas to help deal with administrative matters and he is supposed to continue through August, returning to France in September. However, Jack, who will be visiting France at the end of July, says that he would not be surprised to run into Noyrez, expecting the transition period to 'accelerate'. Of course, the rare earths sector is much bigger than Molycorp and Lynas and in particular -- three additional companies have been drawing considerable attention from investors and media. On July 10, Tasman Metals Ltd. (TSXV: TSM | NYSE MKT: TAS) announced that a heavy rare earths-rich concentrate was been precipitated during the hydrometallurgical testing at its Norra Karr heavy rare earths project. Jack says he is quite impressed by Tasman and that he will disclose additional reason for this optimism in the next few weeks. Northern Minerals ('Northern', ASX: NTU) is one of the rare earth stocks that has been performing well in the markets. Jack recently spoke to Northern's CEO and Managing Director, George Bauk, noting, "They are really headed in a good direction....as far as I know Northern has the largest xenotime deposit anywhere, and I'm not surprised that there's so much Chinese interest. What is surprising is that they did not want to hand it over to Chinese investors." More significantly, the Chinese's interest in Northern reinforces Jack's theory that "China is worried about their supply of the heavy rare earths such as dysprosium or yttrium: remember that xenotime is 60% yttrium and 8-9% dysprosium: "I'd rather have a Northern Minerals than ten Molycorps", says Jack. The Australian-Japanese free trade agreement that was signed a few weeks ago also brings good news, especially for Alkane Resources (ASX: ALK | OTCQX: ANLKY). Alkane has an offtake agreement with the Japanese magnet manufacturer Shin-Etsu. Jack observes that Australia has no demand for technology metals. Any company, like Alkane, mining technology metals in Australia must first find the right export market for that product. Jack and Tracy also discuss Stans Energy (TSXV: HRE) and the ruling from an international arbitration court in Moscow demanding the Kyrgyz government to pay the Company the sum of USD$ 118 million in compensation. Jack does not envy Stans, noting that getting their money is going to be challenging, but he leaves them with a question: "what process was used at the Stans plant to separate rare earths. Yes, I understand it was solvent extraction, but what did they do after to purify it, because there have been a lot of developments in downstream technology and I would like to know what the Russians have done." Finally, Jack and Tracy review some developments at some of the rare earth mining companies in the United States including Texas Rare Earth Resources, Ucore and Rare Element Resources, which Jack believes will have some surprising announcements. Tracy adds US Rare Earths to that list, leaving Jack with a note to call... Disclaimer: All of the companies that Tracy Weslosky, Jack Lifton and all of the InvestorIntel editorial columnists are disclosed in their biographies. All clients of InvestorIntel are posted on the right hand columns on www.InvestorIntel.com of the various sections on InvestorIntel, and are linked directly to their sites. For more information, contact [email protected]
Views: 892 InvestorIntel
Molycorp's Smith Says Rare Earth Prices Are Sustainable
Oct. 28 (Bloomberg) -- Mark A. Smith, president and chief executive officer of Molycorp Inc., owner of the world's largest non-Chinese deposit of rare-earth metals, talks about demand for the minerals. Rare-earth prices have jumped after China, the source of more than 90 percent of worldwide supplies, cut its second-half export quota. Smith speaks from Denver, Colorado, with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Views: 619 Bloomberg
The Global Race for Rare Earths
The Bureau for International Reporting travels to Canada's Northwest Territories, the California desert and China to report on a looming supply crunch of rare earth metals, key ingredients to green technology and many defense weapons systems.
Views: 28178 TheBIRorg
Soaring Valuations Cloud Rare Earth
Soaring Valuations Cloud Rare Earth
Views: 87 HedgeAnalystCom
Lifton says Ucore's rare earth technology will be innovative and disruptive
April 26, 2016 -- Ucore Rare Metals Inc. (TSXV: UCU | OTCQX: UURAF | FSE: U9U) is a development-phase company focused on rare metals resources, extraction and beneficiation technologies. On March 3, 2015, Ucore announced the right to acquire a controlling ownership interest in the exclusive rights to IBC SuperLig® technology for rare earths and multi-metallic tailings processing applications in North America and associated world markets. The company has a 100% ownership stake in Bokan- Dotson Ridge, the highest-grade heavy rare earth project within the United States, and with the emphasis being on the dysprosium, terbium and yttrium content. Last week, in Part 1 of a special interview, InvestorIntel spoke with technology metals advisor Jack Lifton, who explained how SuperLig® technology made Ucore “the company to beat” in the non-Chinese tech metals refining space. Now, in this second part, Jack elaborates on those points and talks about ◾The “culling of the herd” – how only the real REE companies are left ◾How it will be possible to recycle rare metals just as we do copper, lead and platinum ◾How Ucore can make Western industrial nations competitive in the rare earth sector Jack Lifton: Ucore’s output product in the rare earth area is immediately of great interest to the great industrial nations; the United States, Germany, Japan, Korea. None of them is currently producing rare earths from mines or processing rare earths in any way. Every one of them - added together 50% at least of the world’s rare earths go to those four nations. That’s your market. The industrialized nations for - majority of course for consumer devices, but a significant minority for military. There are two ways to look at the demand for rare earth permanent magnets or the materials to make them and we’re – the reason I mention we’re at permanent magnets, they’re the overwhelming majority of end use of rare earths. There are two reasons to be optimistic. One is that China is using more and more of these materials every year and simply cannot produce enough to meet its own demand. But better than that is that there is no source of these materials for the rest of the world, none. What’s the demand? The demand is will people continue to buy cell phones? Will people continue to buy automobiles, washing machines, vacuum cleaners? Every one of them uses rare earth permanent magnets. They’re manufactured in the United States, Germany, Japan, Korea. That’s where they’re really manufactured. Those nations produce most of them. Those nations do not have domestic supply or domestic self sufficiency. You are bringing to the market a competitive edge for the western industrial nations. As an American, I’m proud to say you’re going to be in Utah and it’s going to help us get back to being self sufficient in production of consumer goods which we cannot be without plants like yours...to access the complete video, click here Disclaimer: Ucore Rare Metals Inc. is an advertorial member of InvestorIntel.
Views: 6718 InvestorIntel
Rare Earth Elements Crisis Could End Green Energy Revolution
Rare Earth Metals aren't as widely know as oil for example. But they'll soon become pretty notorious. These minerals are essential part of almost every technological device on the market today, like cell phones, cameras, HYBRID CARS, wind turbines and even military devices. The fact that China currently produces 97% of the world's supply, the results of exports halt will be disastrous. Meanwhile, rare earth ore-rich USA only has several development stage companies, trying to deal with that problem: Greenland Minerals and Energy Ltd. PINK:GDLNF Molycorp, Inc NASDAQ:MCP Rare Element Resources Ltd. NYSE:REE Medallion Resources Ltd. PINK:MLLOF Ucore Rare Metals, Inc. PINK:UURAF While the government takes the usual stance: postpone taking precautions, until the situation becomes unbearable.
Views: 8321 Hotstocked Videos
US seeks rare earth elements
Rare earth elements may be a mystery to many people, but they are very important components of many of the items used in homes and offices every day. While 97 per cent of the world's supply is controlled by China, the US has the third largest reserves of rare earth elements. But the only US mine where those elements are found is currently inactive, and US officials are beginning to view rare earths as a matter of national priority. Al Jazeera's Rob Reynolds reports from Mountain Pass, California, once the site of the world's leading producer of rare earth elements.
Views: 8734 Al Jazeera English
Think One Oil Crisis Is Already Enogh? Think Twice!
What's common between development stage rare earth companies like Ucore Rare Metals, Inc. PINK:UURAF Medallion Resources Ltd. PINK:MLLOF Rare Element Resources Ltd. NYSE:REE Molycorp, Inc NASDAQ:MCP Lynas Corp. Ltd. . PINK:LYSDY; PINK:LYSCF Alkane Exploration NL PINK:ALKEF Greenland Minerals and Energy Ltd. PINK:GDLNF ? They're our only option to keep having technology, national security and jobs, if China halts its Rare Earth Minerals exports.
Views: 506 Hotstocked Videos
Rare Earth California Mine Sold to Chinese Competitors
ANOTHER US COMPANY SOLD TO CHINA: What does this mean for the future of America?
Views: 102 ProsperousAmerica
Molycorp Files Massive $500 Million Offering of Shareholder Stock (MCP)
Rare earth mineral miner Molycorp (NYSE;MCP) filed to sell up to $500 million of common stock held by shareholders. The company is also selling $172.5 million in convertible preferred shares. Molycorp said it would not be selling an new shares in the offering. The company says it intends to use the net proceeds from the convertible preferred stock offering to fund its initial modernization and expansion plan and its capacity expansion plan. Shares of MCP, which were down 2.8% prior to the filing, have been halted. Similar to other rare earth providers, Molycorp shares have had a tremendous rise after China said it would limit exports of certain minerals. MCP shares, which were trading around $15 last summer, rose to a over $60 last month and were recently trading near $42.
Views: 147 FinancialNewsOnline
Arnie Waters on Global Market,Rare Earths, MOLYCORP, Gold
Daily Stock Market Commentary 1/4/11
Views: 109 9tubaman
Molycorp Up Another 6%; Moving Within 10% of 52-Week High
Molycorp (MCP) continues its surge, rising more than 6% in steady trade today as traders bid up North American rare-earth miners following a move by Chinese officials to raise export fees 11% on the metals. China currently controls about 90% of the world market for rare-earth elements, used in a wide swath of applications, including smart-phones and specialty electronics. Molycorp up 6% to $48.97.
Views: 125 FinancialNewsOnline
Weslosky interviews Lifton on the rare earth processing and magnetic material advantage
August 6, 2014 -- Molycorp (NYSE: MCP) announced at market close today their financial and operating results for the second quarter 2014. As such, I have decided to push out the discussion I had with Jack Lifton, Founding Principal of Technology Metals Research (TMR), LLC yesterday morning for publication this evening. In our conversation we discuss his recent business trip to France, the mandatory processing plan-of-action required for a junior rare earth company to advance towards production; and the competitive advantage of rare earth companies that have magnet materials. Jack who has just returned from almost 2 weeks in France, starts by answering the question I really wanted to know, which was -- what was he really doing there? Jack describes broadly the mission to tour two different companies that specialize in processing critical materials. His recent article Processing, not just Production, is the Key to Survival for a Rare Earth Junior was the 2nd most viewed article on InvestorIntel last week, so I asked him to provide his leaders’ list. This said, I will make you watch the video versus providing the normal shortcut in listing this for you for you to appreciate the subtleties in his position. Additionally, Jack and I discuss bill HR 4883 and the efforts towards getting the U.S. government to build a central rare earth processing station. There were numerous topics discussed, but Jack’s commentary on the lack of collegiality in the sector, and his redirection on why North America and Europe should be seeking their own source of rare earths is a compelling one – worth listening to. His comment about the industry events being more like “I spy, then networking events” included a challenge for me to host another event. Disclaimer: Everyone who writes and posts on InvestorIntel disclose their clients in the biography sections underneath their posts. Mine may be accessed at http://investorintel.com/author/tracy-weslosky/ and Jack Lifton’s may be accessed at http://investorintel.com/author/jack-lifton/
Views: 522 InvestorIntel
Jack Lifton on the future of rare earths, Professor Kingsnorth, a market turnaround & Molycorp
October 13, 2013 -- Tracy Weslosky, Publisher and Editor-in-Chief of InvestorIntel, interviews Jack Lifton, founding principal of Technology Metals Research LLC and senior editor at InvestorIntel to discusses his recent five-part series -- exclusive to InvestorIntel -- on the future forecast of rare earths, a few words to Professor Dudley Kingsnorth, a possible rare earth market turnaround, Molycorp, why it is wrong to refer to REEs as commodities, and the urgent need for North America to develop a total rare earth supply chain, among other topics. Addressing the very widely read 'Lifton: Unchained' series on InvestorIntel, Tracy asks Jack to comment on the misunderstanding regarding some of his commentary regarding Professor Kingsnorth. Jack explained he was merely underscoring some of the assumptions made in Kingsnorth's forecast and meant no disrespect at all to Dudley. "If Dudley is listening, I certainly apologize for any misunderstanding," explains Lifton. Jack asks InvestorIntel readers (especially commenters) to read his words carefully, and then react intellectually, not emotionally. When Tracy asked if the REE market is turning around, Jack commented: "Because of my involvement in the industry as a consultant (and now as a board member to a couple of companies), I can tell you that there is more sophisticated interested in the rare earth market, then there has been in the last chaotic year. But the market (institutional investors on down) has now learned that it is not about 'pounds in the ground;' that's not what this is about. It's about our access to the pounds in the ground, which is not about shovels. It's about chemistry, processing engineering and boring subjects like 'programmable controllers' for chemical reactors. That's what it is about. If the chemists can come up with ways of extracting these materials from where we find them -- at any level, whether it's 100% material or .001% -- if they do that economically... notice the word 'economic'. If it's economical, it's practical. Otherwise, it's not. So when you show me a mountain of high-grade material that is encased in silicate rock that cannot be processed; that's not a (potential) mine... that's just a curiosity." Jack updates readers and clarifies his position on Molycorp, explains why rare earths are, in fact, technology metals and why he doesn't like people using the term 'rare earths commodities.' Finally, Jack discusses US strategy on rare earths and why it is so critical that we develop a North American total rare earth supply chain industry.
Views: 1475 InvestorIntel