King Island Scheelite Provides Tungsten Project Update

During 2018, King Island’s primary focus at the Dolphin project was the construction of a new processing plant.

Critical metals developer King Island Scheelite (ASX:KIS) released an update for its ongoing redevelopment efforts at the solely-owned Dolphin tungsten project on King Island, Tasmania.

During 2018, King Island’s primary focus for the Dolphin project was the construction of a new processing plant designed to treat ore produced from the Dolphin mine.

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Thor Acquires Interests in Tenements Near Molyhil

Following a March announcement, Thor Mining has acquired interests in tenements adjacent to its Molyhil tungsten project in Australia’s Northern Territory.

Thor Mining (ASX:THR, LSE:THR) has received ministerial approval to acquire tungsten, copper and vanadium tenements adjacent to the company’s Molyhil tungsten project in Australia’s Northern Territory.

Through the agreement, Thor is acquiring a 40-percent interest in exploration license EL29701 and a 100-percent interest in exploration license EL29599; the former hosts 13 outcropping tungsten deposits, the Bonya copper deposit and the Jervois vanadium/titanium deposit. Meanwhile, the latter license is considered prospective for copper mineralization.

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Tungsten Mining to Buy Hatches Creek for AU$8.68 Million

Australia-based Tungsten Mining has struck a deal with GWR Group to acquire the Hatches Creek tungsten project in Australia’s Northern Territory.

Australia-based Tungsten Mining (ASX:TGN) has struck a deal with GWR Group (ASX:GWR) to acquire the Hatches Creek tungsten project in Australia’s Northern Territory.

The AU$8.68-million deal will bolster Tungsten Mining’s inventory and add valuable resources to the company’s portfolio.

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Galaxy Resources Limited Announcement

Galaxy Resources Limited advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform : Appendix 2A The announcement can be viewed at: SOURCE Galaxy Resources Limited View original content

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Appendix 2A

The announcement can be viewed at:

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Rare Earth Elements Demand is Still Growing

Rare Earth Elements are 17 silvery-white heavy metals with special magnetic capabilities. REEs have diverse applications and are commonly used in lasers, glass, superconductors, hard drives, wind turbine generators, and magnetic materials. Despite the name, REEs are abundant in the world, often found underground alongside uranium in sand structures called monazite. REEs concentrate must first be separated from the …

Rare Earth Elements are 17 silvery-white heavy metals with special magnetic capabilities. REEs have diverse applications and are commonly used in lasers, glass, superconductors, hard drives, wind turbine generators, and magnetic materials. Despite the name, REEs are abundant in the world, often found underground alongside uranium in sand structures called monazite. REEs concentrate must first be separated from the sand. Neodymium and praseodymium (NdPr) represent about 80% of the value of REE concentrate. Demand for these elements is growing because of their use in electric vehicles, wind turbines, and appliances. Adams Intelligence expects the demand for NdPr to double in the next five years. Removing REEs from monazite and then separating REEs into individual components is a complicated process. Read More >>

News Provided by Channelchek via QuoteMedia

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