Thursday, August 5, 2021

"African rare earth projects moving forward despite challenges – report"

We've had a couple posts on one of the companies mentioned, see after the jump:

From Mining.com, August 1:

A recent report by Roskill commends the efforts by a number of African countries to establish a diversified rare earths supply chain but points out that developing projects that satisfy all parties involved comes with several challenges.

According to the market analyst, it is likely that most of such emerging projects will involve the export of rare earth mineral concentrates to other refining and separation facilities around the world.

As examples, Roskill put the spotlight on Rainbow Rare Earths’ Gakara development in Burundi which, despite being small scale (262-375,000 tonnes high-grade veins at 7-12% TREO and 252-342,000 tonnes low-grade Breccia at 1.0-1.5% TREO), has made encouraging announcements, such as their distribution agreement with ThyssenKrupp Material Trading and their co-operation agreement for downstream processing with TechMet.

Similarly, the market analyst brought to the forefront Australia’s Peak Resources, whose management announced on July 22, 2021, that the Tanzanian government has approved the special mining licence application needed to go ahead with the Ngualla rare earth project, considered one of the largest and highest grade undeveloped neodymium and praseodymium projects in the world....

....MUCH MORE

September 10, 2019  "Burundi rare earths mine targets 20-fold output boost" (RBW:Lon):

note - These little mining companies are not to be invested in but they sure do offer an interesting shadow-view of geopolitics....
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....These little mining companies are not to be invested in but they sure do offer an interesting shadow-view of geopolitics. 

The message was so important that we said it twice. Emphasis in original  

And: January 10, 2018  So, Why Were the NGO's and the Transnational Orgs. Making Noise About Burundi A Couple Years Ago? (RBW: LON)