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).
Rare Earth – The latest prices, news and events from across the global rare earths market.
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).
Tungsten – ChinaDaily reported South Korea's rare earth import from China grew 19.1 percent last month due to a fall in import prices.
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.
Lithium – SK Innovation and Continental AG have hammered out a cooperation agreement for a jointly-managed company whose primary focus will be to develop and supply global markets with first class lithium-ion batteries for electric vehicles.
Nickel – Reuters reported South Korea bought 300 tonnes of nickel for October delivery.
Tungsten – Mining Weekly reported Woulfe Mining (TSXV:WOF) said financing for its Sangdong tungsten/molybdenum project is progressing with a loan from Shinhan Bank.
Rare Earth – IBTimes reported that lower import prices prompted South Korea to increase rare earth imports from China in May.
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