Author: backoffice

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Rare earth metal production was on the rise again in 2023, jumping to 350,000 metric tons (MT) worldwide — that’s up significantly from 190,000 MT in 2018, just five years prior. Demand for rare earth metals is increasing as renewable energy becomes more important across the globe. Rare earths such as neodymium and praseodymium, which...

Dividends There were no dividends paid, recommended or declared during the current financial period. Comments The loss for the Group after providing for income tax amounted to $1,554,770 (30 June 2023: $1,740,563). source

Activated Carbon Pellets Powdered Activated Carbon FY24 GROWTH OPPORTUNITIES Company Outlook Growth from existing operations will be underpinned by the new contract win with a major waste-to-energy provider, which is expected to see an increase of over 25% in annualized revenue. This does not include any additional contribution from the commencement of the Kentucky investment...

Recent changes under newly elected President Javier Milei have fueled anticipation among miners and investors alike, fostering optimism about Argentina’s future as a contributor to the critical metals industry. Argentina, which is already the fourth largest producer of lithium globally, is positioning itself as a key player in the global supply chain for electric vehicle...

HIGHLIGHTS Commenting on the acquisition Managing Director Peter Woods said: “We are extremely pleased to have reached an agreement for the acquisition of the Penny South Project. The addition of this exciting gold exploration asset next door to one of the highest-grade gold mines in production in Western Australia, and in a district seeing current...

The changes will reduce corporate overheads while maintaining continuity within the existing team and preserving the Company’s valuable experience and expertise to prioritise exploration and the ongoing strategic partnerships process at both the Pulju Nickel Project and the Maaninkijoki 3 Copper-Nickel-PGM Project. Effective from 30 September 2024, the following changes will take effect: 1. Todd...

Electric vehicles (EVs) are key to cutting greenhouse gas emissions and fighting climate change, and the Biden administration has implemented subsidies and tax incentives to foster US and North American supply chains. More specifically, the Bipartisan Infrastructure Deal invests in upgrading US infrastructure, including roads, bridges, public transit, and broadband internet. Meanwhile, the CHIPS and...

Senegal has taken decisive action to address environmental degradation along the Falémé River, a critical waterway in the southeastern part of the country near the border with Mali. In addition, no new mining titles will be issued in the affected area for the duration. This suspension, which will last nearly three years, aims to preserve...

“We’ve updated and refined our technical skillset and I’m looking forward to testing and expanding our discoveries in this world-class historic mining district,” he added in a Monday (August 27) release. The company plans to test for high-grade silver-cobalt mineralization at depth at Silver Kings. The project covers 16,000 hectares, and Kuya is looking to...