There are few mining sectors where chemistry, metallurgy and the supply chain meet in such a complex yet potentially profitable way as rare earths. The founding principal of Technology Metals Research gives an update on projects are closest to production,
Comparisons are useful in evaluating a company, but in the rare earth market, it's not as simple as a spreadsheet. With so many variables in the mix, no two projects are exactly alike, and each has its relative strengths and weaknesses.
In the past couple of years the European Union has been increasingly focused on issues concerning strategic materials, including the REEs, and in that context, Norra Kärr is seen within the EU as a strategic asset.
In the announcement from the ministry, it was stated that the first round of quota allocations (totaling 24,904 t) will represent 80% of the quota allocations for 2012, which indicates that the total for the coming year will be 31,130 t of rare earths
Take a deep breath, folks. Being a materials scientist by training, I am naturally a big fan of ongoing research and development work. I am much less of a fan of the now well-worn path of hype disguised as scientific breakthroughs
The various rare-earth markets are interdependent in a complex way that depends on their end uses. Greedy stock promoters are no match for the forces of the market. "Announcements" are not solutions to problems of supply.
Tee co-founder of Technology Metals Research LLC, gives us the lay of the land in the rare earth sector. Many variables are shaping this developing market, and data makes the difference in determining viable investments.
To my knowledge Molycorp has never actually explicitly said that they would produce separated MREOs/HREOs as part of the ramp up to 40,000t of, but the company has asserted that it will produce such elements in "commercially significant quantities."