USA Rare Earth Exercises Option to Acquire 80% of Round Top Project

The project of USA Rare Earth image

USA Rare Earth and Texas Mineral Resources Corporation (OTCQB: TMRC) recently announced that USA Rare Earth has exercised its option to acquire 80% of rare earths, lithium, and other key minerals in the Round Top project in Hudspeth County, Texas. The option has been exercised in accordance with the terms of the amended and restated option agreement signed with Texas Mineral Resources (TMRC) in 2019.

Read more: USA Rare Earth Exercises Option to Acquire 80% of Round Top Project

Setting Up Rare Earth Supply System in UK is Tricky

Securing rare earths image

With regard to the promotion of industrial policy in the UK, there has been anxiety that critical materials such as rare earths are highly dependent on imports. The British government is eager to find a solution-establishing a rare earth supply system. To get rid of its dependence on China's rare earths, Britain is stepping up the localization and diversification of related supply chains.

Read more: Setting Up Rare Earth Supply System in UK is Tricky

Heavy Rare Earth Ore of Lofdal Project Increased Significantly

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The joint project between Japan Oil, Gas and Metals National Corporation (JOGMEC) and Namibia Critical Metals has made significant progress in the exploration of the heavy rare earth in the Lofdal Project according to the Mining Journal.

Read more: Heavy Rare Earth Ore of Lofdal Project Increased Significantly

Tungsten Copper Components help China’s 'Artificial Sun' Break Record

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Tungsten copper components help Chinese 'artificial sun' break the world record. China's Experimental Advanced Superconducting Tokamak (EAST) nuclear fusion experimental device, a major national scientific and technological infrastructure, has achieved a breakthrough, achieving a repeatable 101-second plasma operation of 120 million degrees Celsius and a 20-second plasma operation of 160 million degrees Celsius, creating a new world record.

Read more: Tungsten Copper Components help China’s 'Artificial Sun' Break Record

Export Prices for APT Remained Relatively Stable in Early June

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Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price kept table but firm in the week end on Friday, June 04, 2021 due to expectations for the yuan to continue strengthening against the dollar, even though overseas markets remained quiet.

Read more: Export Prices for APT Remained Relatively Stable in Early June

 

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