#General Electric said Monday that it would cease #Manufacturing #GasEngines in Waukesha, Wis., and move 350 jobs to a new factory in #Canada to use that country’s export financing regime to pursue new business.
Read more at: http://www.wsj.com/articles/ge-to-shift-jobs-to-canada-in-ex-im-bank-protest-1443449286
#Lynas: The story of a turnaround start up. Citing the progress at Lynas over the last 15 months and the ways that Lynas expects to win in the #RareEarth market, #AmandaLacaze states: “#RareEarthElements are important functional materials. In many cases their use in finished applications has been limited in response to the perception that the rare earth market is highly volatile and therefore highly uncertain, both in terms of supply and price. For too long, industry focus has been on short term value gains. After fixing the fundamentals of its business, Lynas is well placed to lead a new focus on market growth.”
The controversy over proposed #Nickel exports to #China prompted a three-week industrial conflict in August and was settled with a plan to discuss the issue later.
Some parties are opposed to widening nickel exports by supplying China, saying priority should be given to existing off-shore partners.
Read more at: http://www.radionz.co.nz/international/pacific-news/285478/new-caledonia-leader-welcomes-french-meeting-call
#Glencore Araguaia #Nickel project (‘GAP’) in north central #Brazil combined with #Horizonte’s 100% owned high-grade #Araguaia nickel project creates one of the world’s largest nickel #Saprolite projects in terms of size and grade, in a premier mining jurisdiction that has a defined path to feasibility.
Read more at: http://www.canadianminingjournal.com/press-releases/story.aspx?id=1003708201
The refinery pilot plant work, and subsequent work to demonstrate #RareEarthElements separation processes, is partially financed by the #EuropeanCommission-funded #EURARE project set up to encourage development of a sustainable rare earth element industry in #Europe.
Read more at: http://www.world-nuclear-news.org/UF-Success-for-Kvanefjeld-refinery-pilot-plant-2509157.html
The #DefenseLogisticsAgency (#DLA) Strategic Materials Division is charged with maintaining cognizance of worldwide strategic and #CriticalMaterials’ supply chains from the source to final assembly and evaluating the capability of these supply chains to support #NationalDefense and essential civilian industries, and developing mitigation solutions when access to materials are insufficient to provide support for national defense and emergency response.
Read more at: http://agmetalminer.com/2015/09/25/texas-rare-earths-wins-major-rare-earths-defense-supply-contract/
The deal, announced on Thursday, could be seen as the latest sign of #U.S. exporters’ unhappiness at the winding down of the U.S. Export-Import Bank, which lent money to foreign customers of U.S. exporters. Its charter lapsed on June 30 after conservatives in the U.S. Congress cast it as a promoter of “crony capitalism.”
#GE is already shifting jobs overseas because of the lack of U.S. export financing and plane-maker #Boeing Co, the largest U.S. exporter, is threatening to do the same.
Read more at: https://en-maktoob.news.yahoo.com/ge-12-billion-export-financing-130535877.html
Only weeks before #Argentina heads to the polls to choose its new leader, analysts are saying that President #CristinaFernandez’s chosen successor, #DanielScioli, would probably be the best outcome for #Miners, as he has promised to maintain financial incentives designed to bolster investments, as well as #Oil and #Gas production.
Read more at: http://www.mining.com/argentinas-presidential-candidates-want-mining-to-be-platform-for-countrys-recovery/
#PrimeMinister #DavidCameron endorsed the deal Photo: REUTERS
#US giant #GeneralElectric is planning to create 1,000 jobs in the #UK, having secured government support for its investment.
Read more at: http://www.telegraph.co.uk/finance/newsbysector/industry/11888429/GE-to-create-1000-UK-jobs-with-government-support.html
This is only the first step for #America, because the key to the exploitation in the #RareEearth is not only the research and production of minerals, but also the separation of #RareEarthOxides to refined products. The #UnitedStates has yet to reactivate the production of rare earths outside of #China, even if they are trying to rebuild the rare earth sector. Much of production has shifted to China, for the usual reason as to why in recent years everything has moved there.
Read more at: http://www.profitconfidential.com/stock/volkswagen-ag-adr-could-mean-huge-profits-for-rare-earth-metals/
A Blog for Browsing Mining, Mineral Processing, and Metals Info 