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0Report: China's leading rare earth firm to halt operations for 1 month 1319125800
China's number one rare earth firm announced on Tuesday that it would suspend all operations immediately, according to Nikkei. The Inner Mongolia Baotou Steel Rare-Earth Hi-Tech shutdown is reportedly a direct action aimed at countering falling rare earth prices Inner Mongolia Baotou, which ...
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Report: Gold Rush Alaska: the rare earth boom version 1317837540
A mining project on a mountain ridge on Alaska's Prince of Wales Island may unlock a motherlode of rare earth resources, which are important components of many of today's electric drive vehicles. Between the Bokan Mountain deposit, owned by Canada's Ucore Rare Metals, and the nearby city of ...
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UK consortium to develop rare earth-free electric-drive system 1316790360
A group of specialist engineering technology firms is set to embark on the development of next-generation electric-drive systems that do not require rare earth metals. UK-based Sevcon will lead the collaborative project that includes Cummins Generator Technologies and Newcastle University's Power ...
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Report: Three rare earth mines in China to halt extraction by year's end 1315490100
Government officials in China have reportedly ordered three rare earth mines to halt extraction by year's end. According to Xinhua, Jiangxi, a province in southern China, has reportedly issued a notice to three of its eight major rare earth-producing counties ordering the halt, says Li Guoqing, ...
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Report: Japan says Pacific Ocean holds vast amounts of rare earth metals 1309988700
It's been reported that soaring demand for rare earth metals will likely drive prices way up. This concept of demand = increased prices is supported by numerous individuals and firms. First, there's the report from Metal-Pages, which indicates that the price of neodymium, an element used in ...
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Need rare earth metals? Switched-reluctance motors don't 1309284480
Most hybrid and electric vehicles rely on rare earth metals. There'd be nothing wrong with that if China didn't supply in excess of 90 percent of the world's rare earth metals. Why is this a problem? Because China's recent decision to slash export quotas on rare earth metals has caused a surge in ...
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Report: Japan to invest $514M to slash use of Chinese rare earth metals 1298660880
In early January, China announced that it would slash its rare earth export quotas by 11 percent in 2011. The move caused prices to soar and has led Japanese officials to try and find ways to make this not matter very much. Effective immediately, Japan's Ministry of Economy, Trade and ... -
China mulling full-year quotas on rare earth exports 1296219240
China's commerce ministry, along with other government agencies, is reportedly considering full-year export quotas on rare earth metals. While the ministry pledges to set quotas in accordance with World Trade Organization rules, abiding by those guidelines still provides China with significant ...
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Toyota developing electric motor that eliminates the need for rare earth metals 1295359320
Toyota Prius C Concept – Click above for high-res image galleryEarlier this month, we reported that China is expected to slash its first batch of rare earth exports by 11 percent for 2011, setting the limit at 14,446 tons. Automakers are concerned that a shortage in vital rare earths used ... -
Report: China to cut rare earth export quotas by 11% in 2011 1294160100
2010 Toyota Prius - Click above for high-res image galleryChina is expected to announce the formation of a rare earth industry group in May 2011. This organization will reportedly be tasked with guiding the nation's domestic rare earth industry and handling price negotiations with foreign buyers ...
