Graphite – Lamboo Resources Ltd. (ASX:LMB) announced that its South Korea-based Geumam graphite project has been issued a drilling permit by the Dangjin City County Government. The company already has the required access agreements with local surface rights holders.
Articles Tagged "South Korea"
Moly – Platts reported that spot molybdenum oxide powder trade was thin in Asia today because market participants are looking for clearer market direction.
Moly – Platts reported that South Korea imported 821 metric tons (MT) of molybdenum in May, double the 406 MT it imported a year ago, as a result of SeAH M&S, the country's biggest moly oxide producer, doubling its output.
Graphite – Lamboo Resources Ltd. (ASX:LMB) announced that on May 22, 2013 it was granted two applications for mining rights over its South Korea-based Geumam graphite project. It now holds five mining rights over the project.
Moly – Desert Mines and Metals Ltd. (ASX:DSN) announced an exploration update for its South Korea-based Daehwa project, noting that narrow intervals of high-grade molybdenum mineralization and wider intervals of low- to moderate-grade molybdenum mineralization have been intersected by diamond drilling.
Moly – Desert Mines and Metals Ltd. (ASX:DSN) announced that it has acquired Korean Resources Ltd., which, through its subsidiary, Suyeon Mining Company Ltd., has contractual rights to acquire the South Korea-based Daehwa molybdenum-tungsten project.
Graphite – Lamboo Resources Ltd. (ASX:LMB) announced that it has received channel chip sampling results from five prospects at its South Korea-based Geumam flake graphite project, commenting that assays reached 18.9-percent graphitic carbon over 20 meters.
Tantalum – Bloomberg reported that South Korea is leading the first geological study of the Amazon rainforest’s rare metals, particularly tantalum, to secure supplies for smartphone production by Samsung Electronics Company Ltd. (KRX:005930) and LG Display Company Ltd. (NYSE:LPL).
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Iron – Reuters reported that ArcelorMittal (NYSE:MT) will sell its 15-percent stake — worth $1.1 billion — in ArcelorMittal Mines Canada, its Canadian unit, to a consortium that includes China Steel (TPE:2002) and South Korea's POSCO (NYSE:PKX).