Saskatchewan plant first to produce rare earth metals in North America
Facility is ready to produce 10 tonnes of neodymium-praseodymium metals per month, with purities greater than 99.5%, SRC said.
Vital Metals
Solaris Resources preps to move to Ecuador, months after derailed $130M-deal
Solaris Resources (TSX: SLS; NYSE: SLSR) is taking the first steps towards moving its head office to Quito, Ecuador’s capital, almost four months after it blasted a Canadian national security…
Canada invests $16M in critical minerals research in Saskatchewan
The federal government has earmarked more than $16 million in new funding to support the Saskatchewan Research Council (SRC) in Saskatoon, Sask. The announcement on Wednesday by natural resources…
Ottawa diverts $3M rare earths sale from Chinese firm in ‘case of elevated interest for Canada’
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Wicheeda rare earths suitable for commercial processing, Ucore says
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Feds plan scrutiny of Chinese offtake deals, minister says at PDAC
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…
Mining analyst-turned-Vital Metals CEO eyes much larger Nechalacho reboot
After spending the past 15 years as a senior mining analyst at Haywood Securities, Vital Metals’ (ASX: VML) CEO and managing director Geordie Mark is convinced that hitting a home…
What can Canada do amid sale of Canadian rare earths to Chinese firm?
Foreign participation in critical minerals projects in Canada raises questions about why Canadians aren’t providing the funding, says the head of the Northwest Territories and Nunavut Chamber of Mines. A…
China’s Shenghe throws Vital Metals a lifeline
Chinese rare earth miner Shenghe Resources is acquiring new shares in Vital Metals (ASX: VML) for an initial A$5.9 million ($3.8 million), allowing the Australian miner to move forward with…
Torngat Metals hopes to revive Strange Lake rare earths project in Quebec
Torngat Metals is advancing its longstanding Strange Lake rare earths project in northeastern Quebec toward both a feasibility study and permitting. Strange Lake could produce up to 55,000 tonnes of…
Processing unit of Canada’s only rare earths miner goes bankrupt
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, has declared bankruptcy for a Canadian subsidiary after a review of its half-finished $55-million processing facility in…