Romania offers rare earths to enter lucrative battery market
Romania is re-opening mines for rare Earth minerals to lure investments in electric battery plants, joining a Europe-wide initiative that aims for a bigger share of the global market.
While Australia-based Lynas cannot match China's rare earth processing capability, it is hoping that its role as the largest rare earth miner and the largest processor outside of China will help it forge new relationships and fuel expansion projects.
Geomega Resources is improving its proprietary ISR technology as it moves closer to being Canada’s first rare earth elements recycler and the only one outside China.
The Commerce Department on Tuesday released a report requested by President Donald Trump in December 2017, when he asked officials to look into U.S. access to so-called rare earths.
The 17 so-called “rare earth metals” play strong supporting roles in many of the consumer electronics we enjoy on a daily basis, from our TVs to smartphones.
President Vladimir Putin has pushed Russia to develop its own rare earth production, calling it an issue that’s " critically important to the defense capability of the country.
China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths to manufacture products would turn around and suppress China.