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…
By Peter Roberts I have just been reminded by a former colleague of the bad old days when policy, any policy, favouring manufacturing was seen as protectionism and picking winners. Those times lasted for decades, with the Productivity Commission and the Coalition weaponising the words against manufacturers. My former colleague asked: what government policy is…
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…