“Japan will conduct the financing through a government-owned resource investment company: the Japan Oil, Gas and Metals National Corp., or Jogmec. Legislation will be revised to allow it to take stakes in rare-earths smelting projects. Processing facilities, which have a large environmental impact, are now primarily concentrated in China. And Beijing has employed its dominance in rare earths to exert pressure before. In 2010, it quietly cut exports to Japan amid a dust-up over a territorial issue. Jogmec will also take steps to ensure Japan’s stable access to cobalt, a mineral used in lithium-ion batteries, to counter Chinese enterprises securing rights in Congo. The resource company could spend up to around 20 billion yen ($182 million) in all on both efforts.”
Developed proprietary, environmentally friendly, “ISR Technology” that recycles waste from the permanent magnet industry and produces four high demand, high priced rare earth elements (HHREE – Nd, Pr, Tb, Dy)
Rod Hunt was commissioned by The Restart Project to illustrate Materials Matter, educational resources to learn about the materials inside our electronics and their significance. Through hands-on activity, we reveal hidden environmental impacts of mobile phones and other electronics.
Learn about GREENTEC, a Canadian electronic recycling company.
While there are already a couple of rare earth recycling enterprises in China with large capacities, albeit not environmentally benign, there is only one commercial magnet recycling company in the rest of the world with a competitive, environmentally benign concept.
That company is Geomega in Canada.
From all the rare earth companies I know, this is the only one who has a chance to turn out rare earths oxides in North America from 2020.
#China: Ganzhou deputy mayor, deputy directors of Mining Bureau, of Natural Resources Bureau and of Soil & Water Conservation Bureau punishedhttps://finance.sina.com.cn/china/gncj/2020-01-09/doc-iihnzahk3037739.shtml …
Collusion, false reports, fake data, waste dumping in supposed environmental cleanup of closed #RareEarths mines.
Today, Canada and the U.S. announced they have finalized the Canada–U.S. Joint Action Plan on Critical Minerals Collaboration, advancing our mutual interest in securing supply chains for the critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defence, and clean technology. This announcement delivers on the June 2019 commitment by the Prime Minister of Canada and the President of the United States.
“Great to see US and Canada cooperating on #rareearths and critical materials. Time to make a change. #rareearths #recycling $GMA.V in North America”
Why Asia weaponized rare earths, soybeans and palm oil in 2019 Published DECEMBER 28, 2019. By RURIKA IMAHASHI and CK TAN, Nikkei staff writers. “Looking back on 2019,” said Yoshikazu Watanabe, president of Tsukushi Shigen Consul, a consultancy specializing in resources, “it was about weaponizing commodities.” Why Asia weaponized rare earths, soybeans and palm oil […]
Tony Simon puts it well: “Rare Earth Elements: Not Rare, But Important. No need for me to write about them. Joe Martin, of Cambridge House fame, has written a good summary here.” Read what Joe Martin has to say about rare earths (TCE!) and the upcoming VRIC2020. REEs are not rare, it is all about […]
Despite the challenges the rare earths market faced in 2019, those INN spoke to remain confident that the growing importance of the critical metals will translate to price growth and prosperity long term. “We think pricing for neodymium oxide will keep moving between US$40 and US$50 per kilogram, a healthy range,” said GeoMegA’s Mugerman. “Demand […]
The neodymium metal goes into magnet, and the magnet goes into motors — that’s the main driver of this entire sector. If we go about what GeoMegA is today, then we have a rare-earth processing technology developed by our private subsidiary INNORD and we also have Montviel, which is a 43-101 large resource of a carbonatite-bastnasite. It is the largest in Canada.
“We started developing the technology from very small scale. You need to be careful — it’s a difficult task. Separating earth elements is one of the most complex chemical processes in the world. Our idea was that we will have our own technology and that will help us to build a mine. The leverage really came when we started developing this technology. We decided that we didn’t want to have a black box where nobody knows how it works and we need to raise hundreds of millions of dollars to build a mine. Instead, we started going towards proving that our technology works by processing existing feeds. The best existing feed is an industrial residue, which is coming from the main application of rare earths — permanent magnets.