Jamaica Discovers Rare Earth Elements

Jamaica could become a major player in the rare-earth market, which is currently dominated by China.

According to Jamaica's minister of Science, Technology, Energy and Mining, Philip Paulwell, a recent survey carried out by Japanese researchers has found high concentrations of rare-earth elements in bauxite residue. Mind you, the Japanese should be pretty good at finding stuff in the dirt, since Japan doesn't really have any noteworthy natural resources.

In a report to Jamaica's Parliament, Paulwell pointed out that the researchers believe Jamaica's rare-earth elements could be efficiently extracted, indicating that commercial production could be possible. The discovery could potentially turn Jamaica's economy around.

"The government of Jamaica perceives the extraction of the rare-earth elements that are present in Jamaica to be an exciting new opportunity to earn much needed foreign exchange and create jobs," Paulwell told lawmakers.

AP reports that Nippon Light Metal, the company behind the survey, has already agreed to invest $3 million in buildings and equipment for the pilot project.

Rare-earth elements produced during the pilot project will be jointly owned by Jamaica and the company, while negotiations on full scale commercialisation are expected at a later date.

China currently dominates the rare-earth market and it has a virtual monopoly on supplying rare-earth elements to manufacturers. In recent years China scaled back exports, causing alarm among foreign companies and governments. In response, the US, EU and Japan filed formal complaints about China's decision to curtail exports of rare-earth minerals.

 

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Greenland Rare Earths: No Special Favours for EU

The prime minister of Greenland says he will not favour the EU over China or other investors when granting access to highly prized rare earth minerals.

Kuupik Kleist said it would not be fair "to protect others' interests more than protecting, for instance, China's".

Greenland, a vast autonomous Danish territory, is not in the EU, even though Denmark is.

Read more: Greenland Rare Earths: No Special Favours for EU

Rare Earth Row to Delay Malaysian Nuke Power

KUALA LUMPUR -- Malaysia's nuclear power plans will be delayed by the pall over the industry from Japan's atomic disaster, along with domestic anger at a controversial rare earths plant, an official said Tuesday.

The government had said in December 2010 that it planned to build two nuclear power plants to meet rising energy demand, one by 2021 and the second a year later.

But Mohamad ZamZam Jaafar, chief executive of Malaysia Nuclear Power Corp., said a feasibility study for the construction of the plants had been pushed back by six months.

“Our plan is delayed slightly,” he said, adding the study might not be ready until late 2014, while construction of the first plant “may be later than 2021.”

ZamZam spoke at the Nuclear Power Asia conference in the capital Kuala Lumpur, where industry figures and atomic experts have gathered to discuss the future of nuclear energy in the region.

ZamZam said the delays were due in part to the nuclear power industry's lingering public relations woes in the wake of the 2011 Japan disaster, in which a huge earthquake triggered a tsunami that knocked out a nuclear plant.

The meltdowns at Fukushima released large amounts of radiation and laid bare to the world the risks of nuclear power.

“Fukushima happened soon after we were set up. That put a damper on what we are trying to do,” he told conference attendees.

He said the feasibility study was being delayed in part because authorities were unable to visit proposed sites, fearing it would spark protests.

ZamZam also cited the rare earths processing plant built on Malaysia's east coast by Australian miner Lynas Corp., which has galvanized a nascent green movement in the Southeast Asian country.

Opponents of the plant, which began operating in recent weeks, had sought to block its opening, fearing it would lead to contamination by nuclear waste created during processing.

Lynas insists the plant is safe.

Malaysia has significant reserves of oil and gas but has mooted the nuclear plan amid fears that its fossil fuels will one day run out.

 

 

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Rare-Earth Elements in Jamaica's Red Mud

Jamaica may be able to benefit from newly found deposits of rare-earth elements that are key ingredients for smartphones, computers and numerous other high-tech goods, the Caribbean island's top mining official said Tuesday.

Science, Technology, Energy & Mining Minister Philip Paulwell said Japanese researchers believe they have found "high concentrations of rare-earth elements" in the country's red mud, or bauxite residue.

China is now the world's main supplier of rare-earth elements, which are minerals that play a critical role in making products from basic communication devices to high-tech military weaponry. Worried by that dominance, manufacturers around the globe have been spurring searches for other sources that could be profitably mined.

In a statement to Jamaica's Parliament, Paulwell said researchers from Japan's Nippon Light Metal Co. Ltd. believe rare-earth elements can be efficiently extracted in Jamaica, where a once-flourishing bauxite industry has fallen on hard times.

Paulwell touted the discovery as a potentially significant boon for the Caribbean island's chronically sputtering economy.

"We are at the starting line of an opportunity that has the potential to redefine Jamaica's economic prospects in a positive way," he told lawmakers. "... The government of Jamaica perceives the extraction of the rare-earth elements that are present in Jamaica to be an exciting new opportunity to earn much needed foreign exchange and create jobs."

A pilot program will establish the scope of any potential commercial project on Jamaica, which is about the size of the U.S. state of Connecticut. The environmental and planning agency has already authorized the pilot program but other government agencies still need to examine it.

Nippon Light Metal has agreed to invest $3 million in buildings and equipment for the pilot project while also being responsible for operating costs. Any rare-earth elements produced during this phase will be jointly owned by Jamaica and the Japanese company. Negotiations for commercialization are expected to occur at a later date.

China has built a virtual monopoly on supplying rare-earth elements to the world's manufacturers, thanks to cheap labor and low environmental standards. It alarmed companies around the world in recent years by reducing exports and at the same time building up its own industries, saying the curbing of rare earth exports was needed for environmental protection.

Last year, the World Trade Organization created a panel to evaluate China's rare earth exports after the U.S., the European Union and Japan complained about the curtailment of Chinese sales of rare earth minerals.

Rare earths aren't scarce, but few places exist with enough concentrations to mine profitably, and they are difficult to isolate in a purified form and require advanced technology to extract.

Jamaica had previously tried to get rare earth minerals from the country's red mud around bauxite mining grounds, but Paulwell said it faced major challenges in attempting to extract minerals from the bauxite tailings.

Last January, Nippon Light Metal approached Jamaica saying it had the capacity to extract rare-earth elements and wanted to evaluate the local red mud. Since then, it has done chemical research and successfully extracted some rare-earth elements, Paulwell said.

Representatives of the company could not immediately be reached for comment.

If the pilot project is a success, Nippon Light Metal hopes to extract 1,500 metric tons of rare-earth oxides annually, Paulwell said.

"It is clear that this resource presents an opportunity Jamaica must pursue, and which must be managed in such a way that Jamaica and Jamaicans benefit significantly," he said.

 

 

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African Consolidated Resources Validates Nkombwa Rare Earth Licence

African Consolidated Resources on tuesday announced that the Zambian authorities have confirmed the validity of the Nkombwa large scale prospecting licence number.

The licence is held by the company’s subsidiary, Fisherman Mining, and it encompasses the Nkombwa Hills rare earth project. It has effectively been approved as the sole existing exploration licence over the area which is recognised by and authorised by the Zambian ministry of mines.

The Nkombwa project is being advanced via a venture with Galileo Resources, which has also now confirmed that it has finalised its legal due-diligence.

Galileo is financing African Consolidated's farm-in partner, which is committed to spending US$1.35mln on defining an indicated rare earth resource estimate.

"We are delighted with this news from the Ministry in Zambia which removes any uncertainty as to the validity of our Nkombwa licence,” said chairman Roy Tucker.

“With Galileo's formal confirmation that it has finalised its legal due diligence on the Nkombwa Hills Rare Earth Project, we are now well placed to advance this valuable asset up the development curve.

“Underpinning this, Galileo has reiterated its commitment to developing the project, which has to date reported enriched outcrop samples of up to 23.6% total REE [rare earth elements] oxide over a strike length of at least 350 metres, stating that it intends to advance the project to resource definition stage in as short timeframe as practicable."

 

 

Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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