Tag Archives: canada

#US government backs #Aclara’s separation facility study for #REE

Canada’s Aclara Resources announced on Wednesday a collaboration with the U.S. Department of Commerce’s International Trade Administration to find the best location for its planned rare earth separation facility.

This partnership, through the SelectUSA program, aims to find a cost-effective site for the plant, and to contribute to a resilient supply chain for critical materials essential in the U.S. high-tech sectors.

The location study will evaluate potential sites for Aclara’s separation facility with a focus on operational efficiency, cost management, and project timelines, the rare earths developer said in a statement.

“Aclara believes that it can contribute towards securing a resilient and independent supply chain for rare earths, which are critical materials for electromobility and other key high-tech sectors of the U.S. economy,” chief financial officer François Motte said.

Aclara aims to produce high-purity mixed rare earth concentrate (MREC) from its Penco module in Chile and the Carina project in Brazil. The company plans to use its patented technology designed to extract heavy rare earths from ionic clays. 

Read more at: https://www.northernminer.com/fast-news/us-government-to-assist-aclara-with-location-study-for-new-facility/1003873185/

Miner backed by #Canada province vows to compete with #China in rare earths

The Canadian province of Saskatchewan has vowed to compete with China in processing and production of rare earths and become the first North American commercial alternative source for the metals, used to make magnets for electric vehicles and wind turbines.

The Saskatchewan Research Council Rare Earth Processing facility is betting on demand for these magnets to jump in the next couple of years, driven by demand from original equipment manufacturers such as automakers.

The SRC Rare Earth processing facility has begun production on a commercial scale and expects to hit a production target of 40 tonnes of rare earth metals per month by the end of this year. And it will produce 400 tonnes of the NdPr metals per year, which is enough to produce 500,000 EVs, according to SRC. The facility has already tied up with potential clients in South Korea, Japan and the United States.

Read more at: https://www.reuters.com/markets/commodities/miner-backed-by-canada-province-vows-compete-with-china-rare-earths-2024-09-23/

#India reaches out to critical mineral producers for processing technology

NEW DELHI: India has reached out to key critical mineral producers to bring in processing technology into the country, officials said. The move comes close on the back of the government rolling out auctions of critical mineral mines.

“Talks are on with the United States (US), Australia, and United Kingdom (UK), South Korea, and Japan for processing technology. Brazil and Argentina are also positive about collaborating with India,” a senior mines ministry official told ET.
According to another official aware of the plan, agreements with countries are being lined up and will soon be signed.

While India is going ahead with auction of mines holding critical minerals, there are no facilities for their beneficiation.

“We want to target India’s first critical mineral beneficiation and processing plant in the next 3-5 years,” the official quoted above said. “We want to ensure that development of critical mineral processing and extraction happen in parallel.”

Read more at: https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/india-reaches-out-to-critical-mineral-producers-for-processing-technology/articleshow/108924719.cms?from=mdr

#Vale’s $10 billion spend on #Canada targets existing potential

Vale Base Metals chairman Mark Cutifani is undertaking a unit-wide asset review that will likely find more potential at the company’s operations in Sudbury, Ontario; Thompson, Manitoba; and Voisey’s Bay and Long Harbour, Newfoundland; Olson said.

Vale also may have an announcement soon on the Bécancour nickel sulphide processing project it’s advancing to supply 25,000 tonnes of nickel a year to General Motors, she said. That deal, announced just over one year ago could be worth about C$762 million per year.

“There’s just a clarity and a certainty in regulation and Canada is a mining country and with that comes a lower risk, and equally you have the wonderful benefit of renewable and clean power,” Olson said. “Canada has a great opportunity to further establish itself as a leader in our industry with community and Indigenous rights leaders.”

Read more at: https://www.mining.com/future-minerals-forum-vales-us10b-for-canada-targets-existing-potential/

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