By Peter Roberts Mining company Iluka Resources has awarded long lead procurement packages for key equipment for the company’s planned rare earths refinery at its Eneabba zircon mine in Western Australia – the first refinery for rare earths in Australia for the minerals used in high technology products. The company is procuring the roasting kiln,…
Rare earth miner and metals producer Australian Strategic Materials has received backing for its Dubbo, NSW rare earths project from the Export-Import Bank of the United States (USEXIM). The bank has signed a non-binding and conditional Letter of Interest (LoI) to provide a debt funding package of up to US$600 million ($923 million) for the…
The federal government has provided debt financing to the massive Nolans rare earths project, 135 kilometres from Alice Springs in the Northern Territory. Arafura Rare Earths announced that the federal government would provide conditions debt finance of US$533 million to catalyse the project’s remaining debt raising. As reported in @AuManufacturing, Arafura is advancing enabling works…
Lynas Rare Earths has been given a reprieve by Malaysian authorities with a decision announced to update its license to import radioactive Lanthanide concentrates from its Mt Weld mine in Western Australia into Malaysia. The ore which is destined for its Malaysian metals production plant, has been subject to a long running campaign by environmentalists…
Australia’s largest producer of critical minerals Lynas Rare Earths has has today signed a follow on contract with the United States (U.S.) Department of Defense (DoD) for the construction of the Heavy Rare Earths component of the company’s Texas facility now under construction. The contract is an expenditure-based contract under which all of Lynas’ properly…
Arafura Rare Earths pushed ahead with engineering work and construction of its giant Nolans rare earths project in the Northern Territory in the latest quarter despite a softening market for the critical metals. The neodymium and praseodymium (NdPr) price declined 17 percent during the quarter from US$76 per kg to $63 due to demand weakness…
Iluka Resurces has continued to progress during the latest quarter its rare earths production plant at Eneabba in Western Australia (pictured), the country’s first fully integrated refinery for the production of separated rare earth oxides. Supported by a $1.25 billion non-recourse loan to Iluka under the federal government’s Critical Minerals Facility, bulk earth works and…
Australian Strategic Materials (ASM) has quietly inserted itself into global supply chains for the rare earths critical to high technology products ranging from electric motors to touch screens and computer hard drives. The company is developing the Dubbo, NSEW rare earths project, in the meantime supplying its company owned Korean Metals Plant (KMP) metal refinery…
Lynas Rare Earths expects to produce its first Mixed Rare Earth Carbonate (MREC) in August from its new rare earths ore processing facility (pictured) now under construction at Kalgoorlie, Western Australia. The opening date for the Kalgoorlie facility is ‘within the range of ramp up scenarios’ according to the company, which mines rare earths ores…
The new kid on the rare earths block Arafura Rare Earths is underway with early works construction at its Nolans rare earths project, 135 kilometres from Alice Springs in the Northern Territory. According to a recent update, Arafura is advancing enabling works and equipment procurement including sulphanation bake and cooler units, funded by its successful…
