Gold/Mining/Energy | Rare Earth Elements and Exotic Metals


Previous 10 | Next 10 
To: The Vet who wrote (6141)1/3/2011 4:58:41 PM
From: roofgoat1   of 9393
 
The Vet, excellent point about recovering, the true key.

This is why Alkane intrigued me, although I admit, the below could be somewhat embellished by the company.

alkane.com.au 

"A Demonstration Pilot Plant (DPP) was constructed during 2007 and was commissioned in May 2008. The DPP has operated a number of separate campaigns through to the present and has processed over 80 tonnes of ore to produce over 1,300kg of zirconium and 300kg of niobium products. DPP has confirmed the process flow sheet, is providing engineering data for capital and operating costs while also generating substantial product for market evaluation. The yttrium-rare earth recovery circuits will be added early 2010. Data from the DPP and market assessment will be factored into the 2002 feasibility study which will be revised and updated. A development decision is anticipated by late 2010, with production possible mid 2012."

and from their company website pdf..see page 3..
alkane.com.au 


"You have been thoroughly testing the flow sheet for the DZP since 2008 with a Demonstration Plant and
have sent sample product to potential customers. How confident are you now that you can economically
extract all proposed products from the ore resource on a commercial scale?

Ian Chalmers
We’re very confident. The demonstration plant has clearly shown it works well and the flow sheet is very
robust. All the products we are producing are for expanding and developing markets. We’re currently
doing some work on the rare earth circuits to ensure our products are readily marketable and that should be
completed in April next year.
So we’re very confident we can produce products on a commercial scale."

Share Recommend | Keep | Reply | Mark as Last Read

To: The Vet who wrote (6141)1/3/2011 5:32:53 PM
From: Natedog   of 9393
 
I also agree, some are difficult to separate and fully agree about juristictions that will be granting mining permits. To bad the new world is again going to abuse third world. But thats the way its gonna be.

Share Recommend | Keep | Reply | Mark as Last Read

To: The Vet who wrote (6141)1/4/2011 12:30:14 AM
From: Anchan   of 9393
 
The market agrees with you: Lynas (LYC.AX) was up 11.65% today in Australia. Also Arafura (ARU.AX) did fine, up 17.23% today.

Share Recommend | Keep | Reply | Mark as Last Read

To: roofgoat1 who wrote (6137)1/4/2011 1:28:20 AM
From: pocotrader   of 9393
 
Pigpen had a cloud of dust always around him Joe blizb%%%^& or something like that from lil Abner had a rain cloud over his head.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

From: LoneClone1/4/2011 9:59:33 AM
   of 9393
 
S.Korea to seek rare earths in Vietnam, Australia, others
Tue Jan 4, 2011 2:41am GMT

af.reuters.com 

SEOUL Jan 4 (Reuters) - South Korea will develop rare earths in Vietnam, Australia, Kyrgyzstan and South Africa this year, while cooperating with Japan for overseas development of the minerals, the government said in a statement on Tuesday.

The move is part of government efforts to prepare against possible supply instability of rare earths, as demand in new industries is expected to rise sharply in the medium to long term.

China last month cut its rare earths export quota for the first half of 2011 by 35 percent compared with a year earlier, saying it wanted to conserve reserves. [ID:nTOE6BT00S]

South Korea, which depends heavily on energy and resources imports, said in December that it would seek to nearly quadruple combined self-sufficiency rates of rare earths and lithium to 26 percent by 2019 from 7.3 percent in 2009 as part of a broader move to beef up resources self-sufficiency. [ID:nTOE6BL020]

Asia's fourth-largest economy said last month that it would double combined self-sufficiency rates for rare earths and other strategic minerals to 10 percent this year from 5.5 percent last year. [ID:nL3E6NF0X1] (Reporting by Yeojung Chang; Editing by Chris Lewis)

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: pocotrader who wrote (6145)1/4/2011 10:49:42 AM
From: roofgoat1   of 9393
 
yes, I remember Pigpen, maybe that was what I was thinking. Anyway, the 2 Aussie REE miners I follow (Lynas and Alkane) are doing well today. Gold and Silver Miners not well. Seems the REE sector is a temporary darling right now.

Loneclone's article re: S. Korea and REE - seems like everyone wants to get in on the act.

Share Recommend | Keep | Reply | Mark as Last Read

To: LoneClone who wrote (6146)1/4/2011 11:16:01 AM
From: LoneClone   of 9393
 
Orocobre gets key govt approval for Argentina lithium/potash project

miningweekly.com 

By: Esmarie Swanepoel
4th January 2011
Updated 1 hour 52 minutes ago

JOHANNESBURG (miningweekly.com) – ASX- and TSX-listed lithium developer Orocobre has received environmental approval from the Jujuy provincial government for the development of its Salar de Olaroz lithium/potash project, in Argentina.

The provincial Director of Mines and Energy Resources approved the project late last month, following recommendations by the Unit of Mining and Environmental Management.

Orocobre said in a statement on Tuesday that the local community as well as other regional community leaders supported the development recommendation.

As part of the approval, Orocobre must comply with various monitoring obligations, provide additional information on its planned construction work as the project design is finalised, and keep the local communities informed about its activities.

“We are delighted to have received approval for the environmental-impact statement for the development and operation of our Olaroz project.

“This is a major milestone for the company and is the key government approval,” said MD Richard Seville.

The Olaroz lithium project consists of 118 km2 of tenements over a salar known to contain high values of lithium in brine.

Orocobre is developing the Olaroz project in a joint venture (JV) with Toyota Tusho, a Toyota Group company.

Toyota Tusho will provide $4,5-million to fund the completion of the definitive feasibility study (DFS), which is expected to be completed in the first quarter of this year, to earn a 25% stake in the JV.

It will also be responsible for securing a Japanese government-guaranteed low-cost debt facility for at least 60% of the project’s development costs.

Initial commercial production at Olaroz is expected to begin in 2012. Orocobre also owns the Salar de Salinas Grandes project in Argentina.

Share Recommend | Keep | Reply | Mark as Last Read

From: LoneClone1/4/2011 12:10:11 PM
   of 9393
 
China Indium Quota and Authorized Exporters for Jan-June 2011. Entire 140t quota only 40% of Japan’s Jan-Oct 2010 Imports

December 29th, 2010

indiumsamplesblog.com 

The official trade statistics for Japan for January to October of 2010 show that in this period 346,998kg of Indium were imported, compared to 214,604kg in 2009. This represents a 61% increase versus all of 2009, with November and December imports still to be reported.

China’s 140,000kg Indium quota for Jan-June 2011, can for discussion purposes be assumed as double, or 280,000kg for the entirety of 2011.

If Japan imports the same amount of Indium in 2011 as it did for Jan-Oct 2010, then Japan would absorb 100% of China’s estimated 2011 annual quota, with excess Indium Japanese demand of 67,000kg remaining.

As China asks for cooperation from Indium users worldwide to cease the purchase of gray market Indium, which sells at a discount to legal Indium, and the revenues from which contribute to organized crime, China continues to aggressively pursue Indium smugglers in an effort to stem the supply.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: LoneClone who wrote (6149)1/4/2011 12:11:03 PM
From: LoneClone   of 9393
 
Japan Stockpiling Indium? 2010 Imports Rise >60%

December 22nd, 2010

indiumsamplesblog.com 

The official trade statistics for Japan tell the story of the country’s imports for January to October of 2010. In this period 346,998kg of Indium were imported, compared to 214,604kg in 2009. This represents a 61% increase versus all of 2009, with November and December imports still to be reported.

While the case can be made that the economy has improved in 2010 versus 2009, there is nary an economist to be found who will testify that 2010 was a boom year worthy of a 60% increase in consumption.

And who has been the surprising beneficiary of all this increased business? Low and behold it has been the Chinese. Despite all the public conflict over Rare Earth exports, China’s share of Japan’s indium business has more than doubled from a paltry 18% in 2009, likely the reason that gray market indium abounded last year, to 40% in 2010.

This change represents an increase of more than 100,000kg in indium leaving China in 2010 compared to 2009. Indium prices have firmed in the latter half of 2010, and reports are that offers to supply cheap indium have been fewer and fewer in number. Industry observers reported in 2009 that an estimated 100,000kg of excess indium was in Chinese warehouses, a condition seemingly remedied by Japan.

At the same time, Japan’s imports of Indium from other producing countries have drastically increased in 2010. The UK has provided an extra 30,000kg this year over last, a more than fourfold increase, and Canada almost 25,000kg more than last year, a threefold increase.

This plays out against decreasing imports of zinc ore by China, the primary source for indium. January to November 2010 imports by China are down over 13% from the same period last year.

With western governments studying national interests in creating their own stockpiles of rare earth and heavy minor metals such as indium, the realization that significant quantities of indium are being quietly drained from the cash strapped West by Yen empowered Japan, may add a level of urgency to firm up stockpile plans while there is still material available to be stockpiled.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: LoneClone who wrote (6150)1/4/2011 12:12:57 PM
From: LoneClone   of 9393
 
Sluggish spot market, the United States indium prices steady
by admin
January 1st, 2011

currencytradingexchangeguide.com 

Lack ?f market demand, prices continued t? stay ?? th? United States indium 525-545 U.S. dollars / kg, trading scarce, th? market f?r a time lost ?t? direction.

Japan’s indium ingot indium tin oxide ?? mainly used f?r production. According t? traders, ???? m??t ?f th? recent Japanese consumer business ?? th? implementation ?f a long list, much ?f th? demand f?r cash. W?th th? Chinese government’s crack down ?? illegal mining, many ?f indium ingots w?r? smuggled abroad, th?? expect prices w??? continue t? b? suppressed indium.

One trader ????: “Th? current price ?f indium ?? very stable, ??t very active market transactions. Now th? market mostly ?? th? executive orders h??? b??? nobody cares ?b??t th? spot. Th? one hand, b?????? Japanese consumers h??? already turned t? b? obtained fr?m sources ?th?r traders, ??? th? ?th?r th? one hand,Samarium metal powder, th? rampant smuggling. If th? Government ??? take t? rectify th? strength t? combat smuggling ?f rare earth,rare earth metal powder, I believe prices w??? soon rebound indium climb. ”

B? convention, th?? time ?f year manufacturers w??? enter th? market ?? time f?r Christmas ??r?h???? before th? ITO f?r LCD LCD TV screens ??? electronic equipment, b?t th? current market ?? ??k? a ?tr??g? silence, th?r? h?? b??? a situation ?? ??t busy season.

Another trader ????: “Th? Chinese indium market ?? November ?ft?r th? holiday h?? b??? running very ???w, th? current ?? still very strong sales ?f LCD, th? cash supply ?? limited. A? far ?? w? know, many Western manufacturers inventory ?f indium h??? b??? long ideally a single. S? far ?? m? rough estimate, th? next few weeks th? market m?? b? a ??tt?? better.

Sources ???? th?t China ?th?r th?? indium City ?? less th?? satisfactory, th? price continued t? fall.

Earlier th?? week, th? U.S. Corning Inc. Company expects fourth-quarter global demand f?r LCD glass LCD ?? th? previous quarter, ?r even a slight decline.

Meanwhile, th? Ministry ?f Commerce h?? confirmed th?t export quotas f?r next year ??? th?? year,Samarium metal powder supplier, ??k? indium, indium supply ?? expected t? tighten further next year.

Th? first trader ????: “Th? demand f?r indium supply ??? ??t keep up th? pace, ?? th? market f?r LCD,Samarium metal, mobile phones ??? ?th?r products, demand, demand ?? expected t? grow ?t ?? annual 12-15% indium growth rate. China ?? th? production ?f indium real source, b?t ??t th? short term ?? expected t? h??? ??w stock ?? th? line. Source: mhcrem.com 

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.