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Keyword: rareearthmetals

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  • Japan gains right to search for rare metals on high seas

    07/22/2013 6:08:50 PM PDT · by TexGrill · 10 replies
    Japan News ^ | 07/23/2013 | Yomiuri Shimbun
    The Yomiuri Shimbun Japan has obtained exclusive mineral exploration rights for rare metals and other resources on the seabed about 600 kilometers southeast of Tokyo’s Minami-Torishima island. It is the first time in 26 years that Japan has obtained mineral exploration rights on the high seas. In an announcement Saturday, the Economy, Trade and Industry Ministry said it would begin full-fledged exploration next fiscal year at the earliest. To obtain exclusive exporation rights, a nation must first gain the approval of the United Nations’ International Seabed Authority. The U.N. authority gave its approval Friday, and the government is expected to...
  • New law: Don't toss electronics with the trash.

    01/26/2013 2:16:35 PM PST · by RBW in PA · 41 replies
    Pike County Courier ^ | January 24th, 2013 | Not Cited
    MILFORD — The Pennsylvania Department of Environmental Protection (DEP) is reminding consumers and businesses that they are no longer be able to throw away their electronic devices with their trash. Passed in 2010, the Pennsylvania Covered Device Recycling Act requires that consumers and businesses not dispose of covered devices, such as computers, laptops, computer monitors, televisions and tablets with their trash. This means that trash haulers will no longer take covered devices unless the municipality has a curbside electronics collection program that ultimately sends the devices to an electronics recycler. The law took effect Jan. 24. “This law is an...
  • A Push to Make Motors With Fewer Rare Earths

    04/22/2012 8:17:27 PM PDT · by neverdem · 13 replies
    NY Times ^ | April 20, 2012 | JIM WITKIN
    FOR much of the last century, the straightforward solution to making a car perform better has been to install a bigger engine. In the hybrids and electric cars of coming years, however, the answer might be installing motors with more powerful magnets. Until the 1980s, the most powerful magnets available were those made from an alloy containing samarium and cobalt. But mining and processing those metals presented challenges: samarium, one of 17 so-called rare earth elements, was costly to refine, and most cobalt came from mines in unstable regions of Africa. In 1982, when researchers at General Motors developed a...
  • This Nebraska Village ...Largest Untapped Deposit Of Rare Earth Minerals

    10/27/2011 2:42:51 AM PDT · by Pontiac · 11 replies
    Business Insider ^ | 10/27/11 | Vincent Trivett
    A tiny town in Nebraska might be where the US wakes up from its decade-long hiatus from mining rare earth elements. Snip China has a firm hold on the 17 elements classified as 'rare earth' elements. China currently accounts for 97% of all rare earth element production in the world. After a 2010 diplomatic dispute, China showed that they are perfectly capable and willing to cut off the supply of rare earths when they first officially, then unofficially banned exports to Japan. Without rare earths, the specialized high-tech instruments that Japan exports can't be made. The Toyota Prius, for example,...
  • China Cuts Off World's Rare Earth Metal Supply

    10/21/2011 10:01:09 AM PDT · by JerseyanExile · 29 replies
    Daily Tech ^ | October 21 | Jason Mick
    China only has about 30 percent of the world's rare earth metal deposits, but thanks to clever planning it today controls 97 percent of the world's production of these scarce resources. Deposits of this family of 17 elements -- vital to power electronics found in televisions, smart phones, electric vehicles, and a variety of other devices -- are found in California, Canada, Australia, and Russia, but it will take years to bring them online. In short the world is at China's mercy for now when it comes to rare earth supply. And China's biggest rare earth metal producer -- the...
  • Rare Earth Metals Abundant in Deep-Sea Mud (Major Economic, Geopolitical Implications )

    07/04/2011 12:32:57 PM PDT · by lbryce · 29 replies
    CBC ^ | July 4, 2011 | Staff
    A map published with the study shows rare earth element deposits in the Pacific Ocean less than two metres deep. Abundant, rich deposits of materials used to make modern electronics have been found in the deep sea, suggesting that China could lose its tight control over the global supply. China currently controls 97 per cent of the world's production of rare earth elements and the metal yttrium, which are used in energy-efficient batteries and power sources for devices such as flat-screen televisions, electric cars and smartphones. As demand for the elements grows, China has been hiking taxes and putting restrictions...
  • Mine in Mojave Desert May Hold Key to Beating China in the Race for Raw Materials (VIDEO)

    04/06/2011 2:22:52 PM PDT · by jazusamo · 18 replies
    Fox News ^ | April 6, 2011 | Adam Housely
    In the middle of California's Mojave Desert about an hour outside of the Las Vegas strip, business is booming -- literally -- as detonations reveal the lifeblood of America's technical security. Molycorp has begun mining again at its Mountain Pass facility after about a decade of inactivity, extracting valuable and concentrated ore that holds 15 rare earth elements, used in everything from cell phones to U.S. missile systems. In recent years, the Chinese have flooded, and thus cornered, about 97 percent of the world market of rare earth metals, and now thanks to high-tech demand and new Chinese restrictions on...
  • China holding rare-earth materials back from export

    02/05/2011 5:32:01 PM PST · by george76 · 28 replies
    European Business Press ^ | February 04, 2011 | Phil Ling
    According to the new report on the world linear and torque motor market by IMS Research, the biggest threat to the market is the continuity of supply of rare-earth magnets, as the latest reports show that the Chinese Government intends to cut export quotas of rare earth material by 35% for the first half of 2011. It is widely accepted that China produces 97% of the world's rare-earth material and so controls the world market for it... It poses several questions; how are direct-drive motor manufacturers going to ensure continuity of supply of rare-earth magnetic components, and what is the...
  • In China, the true cost of Britain's clean, green wind power experiment: Pollution

    01/31/2011 9:08:49 AM PST · by ruralvoter · 7 replies
    The Daily Mail (UK) ^ | 1/29/11 | SIMON PARRY in China and ED DOUGLAS in Scotland
    On the outskirts of one of China’s most polluted cities, an old farmer stares despairingly out across an immense lake of bubbling toxic waste covered in black dust. He remembers it as fields of wheat and corn. (snip) Vast fortunes are being amassed here in Inner Mongolia; the region has more than 90 per cent of the world’s legal reserves of rare earth metals, and specifically neodymium, the element needed to make the magnets in the most striking of green energy producers, wind turbines.
  • Here's What You Need To Know About The Politics Behind Rare Earth Metals

    10/03/2010 7:33:27 AM PDT · by george76 · 17 replies
    Business Insider ^ | Oct. 3, 2010 | Patrick Chovanec
    Earlier this week, the U.S. Senate held hearings on a bill to jumpstart domestic production of “rare earth” minerals, in order to break China’s near-monopoly on these little known but essential raw materials... “Rare earth” refers to a collection of 17 elements from the periodic table, with Star Trek-sounding names like holmium, europium, neodymium, and thulium. They tend to be found together, and exhibit similar chemical properties that make them useful — and in many cases vital — for a whole host of high-tech applications, such as superconductors, magnets, and lasers. Rare earths are essential ingredients in many emerging “green”...
  • China Cuts Off Supply Of Rare Earth Metals Hits Pentagon Laser Guided Bombs

    09/30/2010 4:40:25 PM PDT · by blam · 27 replies
    The Market Oracle ^ | 9-30-2010 | Mike Shedlock
    <p>Last Sunday in Prepare for Currency/Trade Wars; How Might China Respond to US Tariffs? I mentioned the possibility China might shut off exports of rare earth metals used in making glass for solar panels, motors that help propel hybrid cars like the Toyota Prius, and laser guided bombs.</p>
  • America Will Lose A Trade War With China Because It Desperately Needs Rare Earth Metals

    09/29/2010 7:32:57 AM PDT · by blam · 59 replies
    The Business Insider ^ | 9-29-2010 | Vincent Fernando, CFA
    America Will Lose A Trade War With China Because It Desperately Needs Rare Earth Metals Vincent Fernando, CFA Sep. 29, 2010, 9:46 AM Image: www.industrialmineralscorp.com.au If there's one thing the latest political spat between Chinese and Japan has exposed, it's China's massive control of the global rare earths market. At the Money Game we've previously discussed China's near-monopoly over the rare earths used in all kinds of modern technology, including many types of U.S. military hardware. As tensions flared over Japan's detention of a Chinese ship captain, and the China's detention of Japanese soon after, Japanese companies reported that rare...
  • Fantastic Overview Of China And Its Death Grip On Rare Earth Metals

    06/03/2010 3:13:26 PM PDT · by blam · 10 replies · 669+ views
    The Business Insider ^ | 6-3-2010 | Joe Weisenthal
    Fantastic Overview Of China And Its Death Grip On Rare Earth Metals Joe Weisenthal Jun. 3, 2010, 5:11 PM Image: U.S. Marines Yesterday the world was greeted with the news that China intends to tighten its grip over rare earth metals, the highly valuable commodities that are used in everything from defense to green tech. That China would do something like this has been fretted about for awhile, and it's why the US government sees rare earths as a matter of national security. However this plays out, we suspect the subject to get A LOT more attention going forward, so...
  • California metal mine regains luster (- Mountain Pass Mine in the Mojave Desert.

    10/14/2009 7:27:18 AM PDT · by Ernest_at_the_Beach · 20 replies · 1,158+ views
    Los Angeles Times ^ | October 14, 2009 | Martin Zimmerman
    The pond that fills the bottom of the Mountain Pass rare-earth metal mine reflects the terraces. Digging is expected to resume by the second half of 2011 after the water is pumped out. (Don Bartletti / Los Angeles Times)Reporting from Mountain Pass, Calif. - Fear of a shortage of rare-earth metals used in high-tech military and industrial products has spawned global efforts to reopen abandoned mines, including the formidable Mountain Pass Mine in California's Mojave Desert. Discovered in the 1940s by uranium prospectors, Mountain Pass contains an array of rare earths, including cerium and lanthanum, in concentrations almost double those...
  • Market Impact [ UCOOC, Unocal, Red Alert ]

    07/15/2005 11:50:21 AM PDT · by Paul Ross · 30 replies · 1,849+ views
    The Center For Security Policy ^ | July 15, 2005 | Frank Gaffney
    Market impact -- THE CENTER FOR SECURITY POLICY Friday, July 15, 2005 As reported by Bloomberg News, China National Offshore Oil Corporation (CNOOC) stocks fell following Center for Security Policy President Frank Gaffney's testimony Wednesday before the House Armed Services Committee that called attention to the adverse economic and national security implications of CNOOC's $18.5 billion bid to purchase Unocal. Gaffney pointed out that the PRC's play for Unocal's energy and rare earth mineral assets is hardly a normal commercial transaction, but rather part of Beijing's long-term plan to dominate strategic energy resources, materials, minerals and technologies in order to...