Latest development of rare earth exploration abroad

Currently, there are many foreign countries to build rare earth project, its impact on the country's largest U.S. companies Molybdenum Rare earth projects and projects in Australia, NC company.

U.S. molybdenum mainly owns Mountain Pass mine in California, with an average grade of 8.24%, reserves of about 20 million tons. The mine began production in 1952, but in 2002, once to stop mining. Later, due to the country of export restrictions and rare earth prices, in 2007 the company restarted Didymium molybdenum extraction. 2010 Phoenix RE projects started. To 2013 period, a project likely to achieve production capacity 19,100 tons, in the future, the project can be expanded to 40,000 tons of production capacity.

Reiner company the world's major producers of rare earth oxides, Mount Weld mine in Australia. May 2011 began crushing ore production, new materials plant in Malaysia rare earth concentrate. New materials plant in Malaysia, NC company annual production capacity of 11,000 tons, the latter may be increased to 22,000 tons. Currently, new materials plant a project has been put into production.

Great Western Minerals mining company in South Africa Steenkampskraal mine. The mine reserves of 32,000 tons indicating inferred reserves of 42,100 tons. Currently, Western Mining Corporation has Qiandong with Ganzhou Rare Earth signed a cooperation agreement to establish a joint venture of rare earth separation plant is expected to produce 5,000 tons.

Rare element resources company develops rare earth mine in Wyoming Beinuo Jie cloth Hale mine. The region has perfect infrastructure and a reasonable price. Recently, the rare element resources, the company has passed its patent oxalic acid were successfully processed to produce a grade of more than 90% of rare earth enrichment.

German company develops Tantalus Rare heavy rare earth project in Madagascar Antsiranana Province. The mine is located on the coastline of ionic rare earth ore, the total rare earth oxide component of heavy rare earth oxides as high as 20-21%, and europium, terbium, dysprosium yttrium ratio is about 15. Tantalus Rare has partnered with ThyssenKrupp Metallurgical Products Co., Ltd. formed a strategic partnership.

Rare Crane uranium company develops Hom Shan Bo Alaska Rare items. The project inferred reserves of rare earth oxides at 530 million tonnes at 0.56%, which accounts for about 39-40% of HREE. Company uses its proprietary solid-phase extraction X-ray classification techniques can remove 99% of the thorium uranium, plans 2016 production.

Quest Rare Minerals mining company in northern Quebec, Canada Lake Rare Earth Project singular. The project resources of about 278.1 million tons at a grade of 0.93%; probable reserves of 214.4 million tons at a grade of 0.85% (minimum grade of 0.5%), which, accounting for about 40-51% heavy rare earth resources. Company plans to put into operation in 2017.

Avalon Rare Metals mining company Raelian Lake Rare Earth Project in northwestern Canada. The project identified resource of 10.88 million tons at a grade of 1.67%, about 20% of its heavy rare earth. The company expects second quarter of 2013 to conduct a feasibility study, planned 2017 production.

The company develops cutting-edge Rare Cape Province of South Africa rare earth projects, mine inferred reserves of 20.8 million tons at a grade of 1.99%. With Korea Resources Corporation has signed a cooperation agreement, planned for the first half of 2013 pre-feasibility study will Saldanha Bay Mine.

Mette Mike resource company develops Zeus ore mine Kipawa, Quebec, Canada. Kipawa HREE project dysprosium, terbium yttrium rich in resources. July 2012, the Company and Toyotsu RE (Canada) Company signed a sales purchase agreement were the joint venture agreement. September 2012, Mette Mike Resource Company and the Company jointly announced Toyotsu Kipawa rare earth mineral processing projects hydrometallurgical pilot plant construction has been completed. The company plans to begin production in 2016.


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