The Rare Earths Monthly Metals Index (MMI) picked up one point, rising to a value of 19. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what you need Lynas Considers Initial Ore Processing at Home Amid Pressure in Malaysia Australian rare-earths miner Lynas Corp., as we’ve noted in previous Rare Earths MMI reports, […]
Category: Minor Metals
Value of Raw Mineral Materials Produced by U.S. Mines Increases 3% in 2018
According to a recent report from the U.S. Geological Survey (USGS), U.S. mines churned out $82.8 billion worth of minerals in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The 2018 total marked a 3% year-over-year increase from $79.7 billion in 2017, according to the report from the USGS National […]
Renewables MMI: Startup Backed by Billionaires Aims to Find New Cobalt Sources
The Renewables Monthly Metals Index (MMI) fell one point this month for an MMI reading of 103. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Hunt for Cobalt As noted routinely in this installment of the MMI series, cobalt is a coveted material for its use in a wide variety […]
Rare Earths MMI: Lynas Corp Appeals Malaysian Government Condition on WLP Residue
The Rare Earths Monthly Metals Index (MMI) held flat this month, holding for a reading of 18. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Auditors Cite Material Risk for Lynas Corp According to mining.com, auditors have flagged a material risk for Australian miner Lynas Corp’s Malaysian operations. The rare […]
LME Moves to Save the Cobalt Contract
You can’t please all of the people all of the time and the more people you are trying to please the harder it gets. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook When you are the largest and oldest metals exchange in the world and are trying to balance often […]
Rare Earths MMI: Canadian, Australian Firms Join Forces for Canadian Rare Earths Project
The Rare Earths Monthly Metals Index (MMI) showed no movement this month, sticking at 17. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Joining Forces A Canadian company and an Australian company are joining forces on a rare earth elements project in Canada’s Northwest Territories. In late January, Canadian […]
Rare Earths MMI Falls as China Continues Fight Against Illegal REE Mining
The Rare Earths Monthly Metals Index (MMI) fell 5.5% to land at 17, just one point shy of its all-time historical low (16). Certain constituent metal prices rose, such as cerium oxide and europium oxide. However, several others fell, including neodymium oxide (falling 0.6% to $45,649 per metric ton) and terbium metal (falling 0.7% to […]
Palladium is the New Gold
After surging more than 50% in the last four months, palladium — that previously little-discussed Platinum Group Metal (PGM) — reached $1,255.12/ounce, surpassing gold for the first time in 16 years last week, according to The New York Times. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Driven by both […]
Rare Earths MMI: Australian Rare Earths Miner Mulls Legal Action Against Malaysian Government
The Rare Earths Monthly Metals Index (MMI) picked up one point, rising for a December MMI reading of 18. Lynas Considers Legal Action Against Malaysian Government In last month’s installment of the Rare Earths MMI, we noted shares of Australian miner Lynas Corporation Limited got a boost on news that the Malaysian government would allow it […]
Renewables MMI: DRC to Raise Royalty Rate on Cobalt
The Renewables Monthly Metals Index (MMI) picked up a point this month, rising for an MMI reading of 102. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook DRC Declares Cobalt ‘Strategic’ Substance The Democratic Republic of the Congo (DRC) — where a majority of the world’s cobalt is mined — declared […]
