Researchers at the University of Brighton have been awarded a £97,000 grant to investigate how the procurement of important rare earth elements can be made less damaging to the environment. Researchers from the School of Applied Science and the Centre for Earth Observation Science have been awarded a Natural Environment Research Council Global Partnership Seed Grant to investigate the role of rock weathering in generating rare earth element (REE) deposits.

At a recent Cabinet meeting, the Armenian government made a decision to transfer the certification rights of the Zangezur Copper Molybdenum Combine, in which it has a 15% Armenian stake, to the trust management of the Armenian National Interest Fund (ANIF).

Auxico Resources of Canada announced that it plans to build a 10,000 square meter rare earth refinery with the capacity to process 36,000 tons of ore per year in the Free Trade Zone in Santa Marta, Colombia. Auxico signed a lease agreement and has an option to purchase four parcels of land in the Zona Franca Tayrona Industrial Park. The projected capital expenditure for the refinery is US$116.2 million.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s domestic tungsten price showed a steady trend as the global energy supply problem caused by the epidemic and emergencies continued. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the first trading week of 2022 began on Tuesday January 4 in the wake of an increase of new guide prices from association and listed tungsten companies for this month. 

At the beginning of the week, China’s overall domestic rare earth market was still improving. Under the combined effect of the difficulty in increasing the supply of raw materials and the acceptable downstream demand, the seller's market has a greater advantage, which is mainly reflected in the rising prices of mainstream products and the considerable growth in orders. 

At the beginning of the week, China’s domestic molybdenum market continued the steady and positive trend of last week. Under the influence of many uncertain factors, the consumer market gradually shifted from a buyer's market to a seller's market.

Rafaella Resources, a junior company listed on the Australian Stock Exchange, has reached an agreement with Spain's aloriza Minería S.L.U to acquire the San Finx tin/tungsten project. Under the terms of the agreement, the company, through its subsidiary Biscay Minerals, will acquire the project for 5 million euros, payable from production royalties only after the production and sale of 1,000 tons of metal.

Following the 100% acquisition of privately held Dalkeith Capital Limited, Frontier Resources has taken control of a site considered to be prospective for rare earth and high purity alumina. The rare-earth project at Gascoyne will enhance the company's already developed pool of battery minerals in the Northwest that are critical to the production of permanent magnets within batteries.

Ucore Rare Metals Canada and its subsidiary, Innovation Metals, announced the commissioning of its RapidSX demonstration-scale rare earths processing plant, which provides separation and purification of rare earth elements, in the first quarter of 2022.