rareearthexploration
After three years of exploration, Rare Earths Norway announced the discovery of Europe's largest rare earths deposit at the Fen carbonatite complex in Telemark County, Norway. The find is expected to reshape the supply landscape for these critical materials in the region. Rare Earths Norway unveiled a maiden mineral resource estimate for Fen on June 6. It shows that the complex hosts 559 million metric tons (MT) of mineralized material at 1.57 percent total rare earth oxides. This translates to approximately 8.8 million MT of total rare earth oxides, with an estimated 1.5 million MT of magnet-...
Investing News Network
From electric vehicles and wind turbines to water treatment and nuclear power, rare earth elements (REE) are critical for many of the technologies necessary for a cleaner, greener economy and world. However, understanding pricing for these commodities can be tricky. There are 17 rare earth minerals in all, and each is classified under different groups — typically light rare earths and heavy rare earths. Prices are available for multiple individual and mixed products, including for the rare earths used in permanent rare earth magnets, so it can all seem a bit overwhelming. “The supply chain for...
Investing News Network
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