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RARE EARTHS
blacksheep
post Posted: Nov 19 2019, 01:04 PM
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Rare earth mineral deal inked by US and Australia — what does that mean?
Key points:
QUOTE
China produces the lion's share of rare earths, which power the modern world
Australia and the US will now collaborate on critical mineral production
Extracting these mineral types s hazardous for health and the environment

read more - https://www.abc.net.au/news/2019-11-19/aust...-by-us/11716726
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Nov 15 2019, 07:59 PM
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QUOTE
PM Scott Morrison and US President Donald Trump agreed to develop a US-Australia action plan for so-called “critical minerals” such as rare earths when they met in September.

And on Friday federal Resources Minister Matt Canavan is arriv­ing in the US ahead of a series of meetings on rare earths with senior US government figures.

But for all the talk, unlocking the next wave of Australian projects still looks a long way off.

China’s control of the market has kept international prices low, and the next generation of potential projects has not been able to secure the level of support needed to develop the projects that would challenge China’s dominance.

Many in the industry have had enough of the tweets and strategic papers. Instead, they want to see real action from those concerned governments that say they are ­serious about tackling dependency on Chinese rare earths products.

https://www.theaustralian.com.au/inquirer/r...bbab3acecd38b7f
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- no point in starting a mine if the concentrate has to be shipped to China for processing. (Some projects have been around for 30 years, and it seems lots of hopefuls from the previous time the market got excited seem to be coming around again.).



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Nov 15 2019, 12:38 PM
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In Reply To: nipper's post @ Nov 14 2019, 07:19 PM

No doubt he is looking in someway to recoup that estimated $70 million advertising campaign during the election. He did that for a purpose - certainly wasn't to get elected himself. You scratch my back, I scratch yours. No doubt Canavan is looking at ways he can reward Clive and Gina 's coal ventures next door to Adani as well. But the quiet Australian will be happy. biggrin.gif



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Nov 14 2019, 07:19 PM
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In Reply To: blacksheep's post @ Nov 14 2019, 07:05 PM

Palmer is a rent-seeker, par excellence



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Nov 14 2019, 07:05 PM
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In Reply To: nipper's post @ Nov 14 2019, 09:16 AM

QUOTE
Senator Canavan said Australian companies would be able to maximise their access to government support to expedite new on-shore rare earths and critical minerals processing.


Was disappointed to see in the news tonight that Canavan is talking up Clive Palmer and his Queensland Nickel Refinery in the mix . When asked by a reporter if he was happy to have Clive Palmer involved he replied "happy to have any investor involved". I trust he's not suggesting NAIF will fund Palmers attempt to gain control the the refinery with taxpayers money. Happy to see the Nickel Refinery up and running again but not in the hands of Palmer or his absent nephew https://www.msn.com/en-au/video/sport/cobal...avan/vp-BBWJndj

Although Palmer has "agreed" to a settlement, I'm not sure if that has occurred.

Taxpayers foot $17m bill to pursue Clive Palmer over QNI collapse
QUOTE
Mark Ludlow
Queensland Bureau Chief
Oct 4, 2019 — 12.00am

Taxpayers have paid more than $17 million in fees to liquidators and lawyers in their pursuit of billionaire Clive Palmer over the $300 million collapse of his Queensland Nickel refinery in 2016.

While Mr Palmer in August agreed to a $100 million settlement with special purpose liquidators – including paying back the Commonwealth the $66 million it had paid out in workers' entitlements – new figures reveal it came with a multimillion-dollar price tag.


https://www.afr.com/companies/professional-...20191002-p52x2i



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 14 2019, 11:28 AM
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China in focus as West debates critical minerals challenge
Reuters | November 13, 2019 |

QUOTE
Western powers will attend talks in Brussels next week on curbing China’s dominance of rare earths and other critical resources and EU officials will present their vision to create entire green supply chains.

The talks, on Nov. 19, have taken place annually for much of this decade, bringing together diplomats and industry representatives from the European Union, Japan and United States.

They have yet to weaken China’s power, especially over rare earths, and global trade tensions aggravate the problem.


M
QUOTE
ichel Rademaker, a specialist at the Hague Centre for Strategic Studies in the Netherlands, said a solution is to accelerate production outside China.

He cited the Norra Karr rare earths deposit in Sweden, which could supply Europe’s needs for more than two decades.

That project is owned by Leading Edge Materials of Canada, which for the first time will be an observer nation at the talks, joined by Australia, which has previously been an observer. The mining nations present their skills and resources as a solution.

Leading Edge CEO Mark Saxon said the company was working to get approvals to develop the Swedish deposit. In Europe environmental standards can make that a long process.


Leading Edge Materials also own the Woxna Graphite mine in Sweden - it was put under care and maintenance back in 2015 because of low graphite prices (at the same time as SYR was building a mine). Woxna won't recommence meaningful production until market conditions improve. Apart from Norra Karr and Woxona they also have the Bergby lithium asset. https://leadingedgematerials.com/bergby-lithium-project/



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 

sentifi.com

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nipper
post Posted: Nov 14 2019, 09:16 AM
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QUOTE
The Morrison government is pulling out all stops to make cheap money available for rare earths and other critical minerals projects as it works with the United States on ways to reduce China’s near stranglehold on supply.

The government will set up a dedicated office within the Department of Industry as it looks to secure critical minerals projects in Australia with an emphasis on those strategically important in defence. Defence Minister Linda Reynolds said the government's moves would "help deliver the capability that keeps Australia safe".

The government will make projects that boost mining and processing of rare earths and other key ingredients in military technology eligible for financial support through Export Finance Australia, including the Defence Export Facility.

The government is also tweaking rules around the much-maligned $5 billion Northern Australian Infrastructure Facility so the granting of its low-interest loans does not exclude projects from additional taxpayer-funded support....

https://www.afr.com/companies/mining/canber...20191113-p53aae
QUOTE
Senator Canavan said Australian companies would be able to maximise their access to government support to expedite new on-shore rare earths and critical minerals processing.

"We are determined to develop our rare earths and critical minerals assets for the benefit of Australia and our technology-driven industries," he said.

The dedicated office with the Department of Industry will be tasked with helping industry players with investment, financing and market access.

Senator Canavan said Australia should become a global powerhouse in critical minerals needed in electric vehicles, smartphones and renewable energy as well as the military.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Nov 2 2019, 06:43 PM
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Rare earths: Myanmar’s border to China reopens
QUOTE
While no official announcements have been made, Roskill understands that the border between Myanmar and China reopened in late October. Initial rumours are that the border was to remain open for only one week with the aim to allow existing stocks of heavy rare earth elements (HREEs) to be delivered into China. However, there are no signs for the time being of the border being closed again.

In addition to moving rare earth stocks across into China, the reopening of the border provides the opportunity for some of the Myanmar mining operations to resume, owing to the accessibility of dressing reagents delivered from across the border


read more - https://roskill.com/news/rare-earths-myanma...-china-reopens/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 16 2019, 09:39 AM
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China September rare earth exports fall nearly 18% from last month

QUOTE
BEIJING (Reuters) - China’s rare earth exports in September fell 17.9% from August, customs data showed on Monday, amid lingering fears that the world’s top producer of the minerals will restrict supply because of its trade row with the United States.

China, the world’s largest rare earth exporter, sold 3,571 tonnes of rare earths in September, figures from the General Administration of Customs of China showed.

This was down from 4,352 tonnes in August. The volumes also fell 27.9% from 4,950 tonnes in September 2018.


read more - https://www.reuters.com/article/us-china-ec...h-idUSKBN1WT09B



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Oct 9 2019, 10:03 AM
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QUOTE
....extracting the rare earth elements from their host rock is chemically complex and expensive, requiring large quantities of energy, water and acid, often leaving radioactive waste. There are about a half-dozen listed companies with Australian rare earth deposits while several more Australian miners have promising prospects in other parts of the world. All are trying to secure the funding for their developments and tie down prospective customers in firm contracts.

All spin the same stories of an outlook of booming demand as electric cars take off and wind power supplies a rising share of global energy. Several are making progress, although sales deals tend to be more statements of intent rather than contracts. None appears close to gaining funding for the full development, which would be in the $500m to $1bn range. The most advanced among the hopefuls is Northern Minerals, which has a pilot plant and recently secured a sales deal with German metals company Thyssenkrupp for its entire output....

https://www.theaustralian.com.au/commentary...872d2098f9da1d1



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 


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