FEATURE: Now that critical minerals have appeared on the world’s industrial radar, the UK must compete with bigger national geographies and immense purchasing powers to ensure its own supply. TIME AND SPEED The Government has outlined its industrial strategy to assess the country’s requirements and assets to tackle pressing issues such as mobility, green energy […]
Tag: rare earth elements
Altona extends fundraise for African REEs
Altona Energy said it had extended its fundraising round due to ongoing interest as it continues its development plans for its rare earth elements (REEs) mining portfolio in Africa. The company said in September 2020 that it aimed to raise up to £500,000 for its REE projects in Uganda and Malawi. (bit.ly/356Hyx5) Altona announced this […]
CSM research could predict rare earth element deposits
Pioneering research led by the Camborne School of Mines (CSM) could help geologists locate new concentrations of some the most valuable rare earth deposits. A team of geologists, headed by Professor Frances Wall from the CSM and including the Australian National University, has discovered a new hypothesis to predict where neodymium and dysprosium could be […]
Altona to raise £500,000 for Africa REEs
Mining exploration company, Altona Energy plc, is looking to raise up to £500,000 for its new strategic focus on rare earth elements (REEs) in East Africa. The company has signed heads of agreements with two African mining companies, to acquire a majority stake in two REE projects, one in Malawi and the second in Uganda. […]
Power Metal signs 50% Botswana SJV with Kavango
Power Metal Resources plc has acquired a 50% interest in a 2,680 km2 strategic joint venture (SJV) portfolio of base and strategic metal project in Botswana. The acquisition involves four Botswana prospecting licences previously 100% owned by Kavango Resources, and forms a new SJV between the companies. Two prospecting licences for copper–silver cover 1,294.2km2 in […]