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A make-or-break year for non-Chinese gallium market | 2024 preview
With China’s stringent implementation of its gallium export controls persisting through to the end of 2023 at least, 2024 looks set to become a make-or-break year for gallium market participants outside China
December 18, 2023
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By Solomon Cefai
Insights
US senate proposes tax credit for rare earth magnets with bipartisan backing
Legislation to implement a US production tax credit for rare earth magnets made domestically has been introduced in the US Senate with bipartisan backing, the proposing senators announced on Friday December 15
December 18, 2023
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By Solomon Cefai
Insights
E-Vac to build rare earth magnet plant in South Carolina
E-Vac Magnetics, US subsidiary of German magnet manufacturer VAC Group, announced plans on Thursday December 14 to build a sintered neodymium iron boron (NdFeB) rare earth magnet plant in the US city of Sumter, South Carolina
December 14, 2023
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By Caroline Messecar
Insights
US select committee recommends creation of critical mineral reserve to protect domestic industry
This recommendation, along with others like promoting domestic battery recycling and research funding for alternative battery chemistries, is part of a larger strategy to enhance US resilience in strategic areas
December 14, 2023
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By Justin Yang, Alexander Cook, Solomon Cefai, Caroline Messecar
Insights
Why rare earths matter
Rare earths have entered the spotlight with growing demand for renewable energy systems and electric vehicles (EVs). Listen to our recent interview as we take a deeper dive into the rare earths market
December 13, 2023
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By the Fastmarkets team
Insights
Ionic Rare Earths seeking partners across rare earth supply chain
Australia’s Ionic Rare Earths is seeking investors and offtake partners for its Makuutu heavy rare earth project in Uganda, as well as sources of feedstock for its magnet recycling plant in Northern Ireland, Tim Harrison, the company's chief executive officer, told Fastmarkets in an interview.
December 11, 2023
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By Sofia Okun
Insights
‘No way around’ price premium for non-Chinese rare earth products: Less Common Metals chairman
Consumers of non-Chinese, ESG-compliant rare earths products will need to pay a premium over prices for Chinese material and there is “no way around” it, Grant Smith, chairman of Less Common Metals (LCM), said at the Critical Minerals Association & Geological Society Business Forum in London on Monday November 27
December 4, 2023
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By Solomon Cefai
Insights
Western Australia eyes CAM production; state broadens critical minerals strategy | Hotter Commodities
Western Australia (WA), Australia’s largest state, will evaluate the possibility of developing cathode active materials (CAM) production once precursor CAM (pCAM) output is up and running, Bill Johnston, the state’s Minister of Mines and Petroleum, told Fastmarkets
November 29, 2023
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By Andrea Hotter
Insights
China’s Commerce Ministry to add rare earths to export report directory
The Chinese Ministry of Commerce will include rare earths in its Catalog of Energy and Resource Products Subject to Export Reporting, the ministry said on Tuesday November 7
November 7, 2023
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By the Fastmarkets team
Insights
China’s Shenghe Resources to acquire shares in Vital Metals
Chinese rare earth producer Shenghe Resources has entered into a subscription agreement with Vital Metals Limited, increasing its resource reserves in overseas rare earth mining projects
November 2, 2023
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By Fastmarket team
Insights
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