Factbox-The automakers and suppliers pushing to cut rare earths from EVs
LONDON (Reuters) – A growing number of automakers and suppliers are working on electric vehicle (EV) motors that either do not contain rare earths or dramatically reduce the use of materials that…
MP Materials profit beats, starts some rare earths refining
(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small amounts of the strategic metals in California. Rare earths are a grouping…
Exclusive-Mongolia to deepen cooperation with US on rare earths, PM says on Washington visit
By Simon Lewis and David Brunnstrom WASHINGTON (Reuters) – Mongolia will deepen cooperation with Washington to mine rare earths, the country’s Prime Minister L. Oyun-Erdene said on a visit to Washington on…
Factbox-The complexity of transforming rare earths from mine to magnet
(Reuters) – MP Materials and other Western companies are seeking to develop supplies of processed rare earths needed for the green energy revolution in a sector dominated by China. The 17 silvery-white…
Vietnam aims to raise annual raw rare earths output to 2 million t/yr by 2030
By Khanh Vu HANOI (Reuters) – Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed minerals a year by 2030, according to a government plan reviewed by…
NOAA Throws Cold Water On Media Hysteria Over Earth’s ‘Three Hottest Days On Record’
NOAA Throws Cold Water On Media Hysteria Over Earth’s ‘Three Hottest Days On Record’ Nick Pope on July 7, 2023 Numerous corporate media outlets drove the narrative that July 3-5 was the…
Goldman says West needs over $25 billion investments in rare earths to match China
(Reuters) – Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China’s supply of rare earths, as export curbs by Beijing on minor metals…
Explainer-China’s rare earths dominance in focus after mineral export curbs
By Mai Nguyen (Reuters) – China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests. The…
Australia’s Lynas posts record profit on solid rare earths demand
(Reuters) – Australia’s Lynas Rare Earths posted a record more than three-fold jump in annual profit on Friday, boosted by soaring demand for the specialized metals it mines amid a global push…
U.S. wants to end dependence on China rare earths -Yellen
By Andrea Shalal SEOUL -The United States wants to end its “undue dependence” on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off supplies as…
Australia’s Lynas fourth-quarter revenue jumps on soaring rare earths demand
(Reuters) – Australia’s Lynas Rare Earths Ltd on Monday posted a 58% rise in quarterly revenue as the miner of essential metals cashed in on soaring global demand for greener sources of…
Australia’s Lynas posts record revenue on strong demand for rare earths
(Reuters) -Australia’s Lynas Rare Earths on Tuesday posted a record quarterly revenue as demand for the specialized metals it mines surged amid a global push to electrify vehicles and curb carbon emissions.…
China calls on rare earths companies to bring prices back to “reasonable” level
BEIJING – China summoned some key rare earths companies amid continuously-rising product prices and urged them to ensure a steady supply chain to help cool prices, the regulator said on Friday. The…
Australia’s Lynas posts record profit on rare earths demand
– Australia’s Lynas Rare Earths Ltd posted a record first-half profit on Friday, helped by a surge in demand for the minerals used in electric vehicles amid a global push for reducing…
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