American Rare Earths Limited (ARR) has found compelling evidence of rare earth mineralization in exploration drilling in the southwest portion of the La Paz Rare Earth Project in the US. The company drilled nine holes for a total of 821 meters, yielding 677 core and chip samples that have been sent to the U.S. Assay Laboratory in Sparks, Nevada for analysis.

Strategic Minerals said its 100% owned subsidiary Cornwall Resources (CRL) has signed a 10-year extension to its existing Redmoor Tin and Tungsten Project exploration license agreement.

According to the Proactive website, W Resources PLC is expected to delist because it is currently "not in the best interest to remain on AIM," the tungsten miner said, noting that the cost of liquid natural gas has risen from 70,000 euros a month to more than 500,000 euros a month.

According to the Korea Institute of Materials Science (KIMS), the performance of grade 42M commercial rare earth magnet can be achieved with 30% less neodymium than before. Due to the growing demand for anisotropic Nd-Fe-B permanent magnets for high-efficiency motors for hybrid/electric vehicles and wind turbines, the shortage of Nd resources has become a serious problem.