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In June 2012, Molycorp acquired the Canadian-based company Neo Material Technologies Inc. [10] Neo Material Technologies Inc. was incorporated in 2006 by merger of the Indianapolis-based company Magnequench and the Canadian rare elements company AMR Technologies, Inc. Magnequench, a manufacturer of neodymium-iron-boron magnets, was founded by ...
The Separation Rapids property is host to a large "complex-type" pegmatite; it is the fourth example in the world of a rare-metal pegmatite with the size required to be of major economic importance. The strike length of the deposit is over 1.5 km, and the width ranges from 10 to 70 metres.
The Fanya Metal Exchange was a state-backed exchange that claimed to be the world's largest trading platform of rare metals, located in Kunming, Yunnan Province.The exchange focused on metals used in technologies promoted in the official Chinese strategic plan, including liquid crystal display (LCD) screens and solar panels. [1]
Before we spend days researching a stock idea we like to take a look at how hedge funds and billionaire investors recently traded that stock. Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF ...
MP Materials produced 28,000 tonnes of rare-earth oxide equivalent from Mountain Pass in 2019, and 38,500 tonnes in 2020, or more than 15% of global production. [4] As of late 2020, Shenghe Resources was the sole purchaser of MP Material's rare earth concentrate.
TMC the metals company Inc., [1] doing business as The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. [2] The company focuses on the mining of polymetallic (nickel, copper, cobalt and manganese) nodules [ 3 ] [ 4 ] in the Clarion Clipperton Zone of the Pacific.
A metal is deemed to be precious if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a "precious" metal can also be determined by high demand or market value.
Lynas Rare Earths, Ltd. is an Australian rare-earths mining company with two major operations: a mining and concentration plant at Mount Weld in Western Australia, and the Lynas Advanced Materials Plant (LAMP) in Kuantan, Malaysia. [1] The company was founded in the 1990s and is headquartered in Perth, Western Australia.