Construction of UK's First Rare Earth Processing Hub

Saltend Chemical Park image

Preparations for the Saltend Chemical Park in UK have begun to construct a rare earth processing hub worth £90 million. The Saltend Industrial Park is a 370-acre chemical and renewable energy business cluster, including BP Petrochemicals, Ineos, Nippon Gohsei, and Air Products. The Saltend Industrial Park is owned by the px Group.

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IMP Reveal Friction and Wear Behavior of Tungsten Alloy Balls

Tungsten alloy balls image

Researchers from the Institute of Modern Physics (IMP) of the Chinese Academy of Sciences (CAS) recently revealed the collective friction and wear behavior of tungsten alloy balls, which are important candidate target materials for accelerator-driven subcritical systems (ADS). Results were published in the journal of Tribology International.

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Lynas Found Great Returns on Rare Earths

Lynas is a rare earth producer image

Suddenly, the price of rare earths rose rapidly. After years of deliveries far less than promised, Lynas’s huge profits this year have proven that solid hard work can finally realize all its potential in the land of West Australia.

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American CuMo Mining Closes First Tranche of Silver Purchase Financing

American CuMo Mining first tranche of silver purchase financing image

American CuMo Mining Corporation announced that its subsidiary International CuMo Mining Corporation (ICMC) has closed the initial tranche of the sale of silver units worth 1,089,00 US dollars based on the previously announced silver unit financing lately. Of this Initial Tranche, the company subscribed for 1,000 shares, and the subscription price was again included in ICMC’s intercompany loan to the Company.

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World Scrambles to Control Rare earth Elements

Global scramble to control rare earth elements image

The world scrambles to control rare earth elements (REEs) as the elements are the vital to the industries of the future. Without them, countries will lose their industrial competitive advantages, which is why the price of REEs has been soaring and will continue to soar in the next few years.

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