Africa: The Next Rare Earth Frontier?
Rare Earth – Although rare earth prices are currently on the decline, a number of Africa-based projects are gaining momentum.
Rare Earth – Although rare earth prices are currently on the decline, a number of Africa-based projects are gaining momentum.
Tungsten – Reuters reported Korea Resources Corporation (KORES) has agreed to work with NunaMinerals to seek opportunities for joint minerals projects for tungsten and other metals.
Rare Earth – MineWeb reported the confirmation of a definitive agreement between Frontier Rare Earths and Korean state mining and natural resource company, causing shares of Frontier to soar.
Rare Earth – Reuters Africa reported that Frontier Rare Earths (TSX:FRO) has finalized an agreement to develop the South Africa-based Zandkopsdrift Property.
Rare Earth – Frontier Rare Earths Limited (TSE:FRO) reports that it has signed a strategic partnership agreement with Korea Resources Corporation designed to accelerate the development of Frontier's Zandkopsdrift rare earth project, South Africa.
Rare Earth – Montero Mining and Exploration Ltd. (CVE:MON) announced it will jointly explore the Wigu Hill rare earth project with KORES.
Lithium – The government aims to boost supplies of the two resources from Korean-owned mines up to 10 percent of annual requirements next year from 5.5 percent this year. Korea plans to increase stockpiles of about 30 minor metals including lithium and rare earths, to the equivalent of 13.5 days of consumption next year from 8.1 days this year.
Lithium – China, Korea and Japan are continuing to generate headline news with projects involved in lithium mining and the downstream development of lithium-ion battery technology.
Lithium – As South Korea imports 97 percent of its energy and mineral resources, a strong move to secure a reliable lithium supply adds to the existing wave of Asian companies developing projects in the lithium rich salt lakes in the north of Argentina.
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