1. 511
    Posts

    Greetings to all,

    ALK seems to have an interesting new process that makes REEs refinement less toxic. Here's an excerpt:

    History of Technology – Chungnam University and ASM
    Since 2014, ASM has been working with senior members of Chungnam National University’s
    (CNU) Department of Materials Science and Engineering in Daejeon, South Korea. CNU scientists
    have been developing a patented carbon free process to convert metal oxides into metals
    through a proprietary electrolysis process (Technology). The Technology is viewed as having the
    potential to replace the Kroll process – a highly energy intensive process that has been used
    broadly in industry since its development in the 1940s. As well as providing a more
    environmentally sustainable process, the Technology, when commercialised, is estimated to
    reduce metallisation costs by in excess of 50%, and produces metals with very low levels of gases,
    particularly oxygen and nitrogen.
    The Technology also uses Solid Oxide
    Membranes (SOM) made from yttria
    stabilised zirconia to replace carbon
    electrodes, and produces oxygen as a byproduct.
    Commercialisation of SOMs using
    yttria stabilised (YSZ) for extraction of any
    of the major industrial metals would create
    unprecedented demand for both yttrium
    and zirconium. Currently, China dominates
    global zirconium and rare earths
    production with doubtful sustainability.

    Seems ALK is continuing full bore with the anti-China rhetoric...

    If their new process is half as good as they think it is, they are going to need a big budget to counter industrial espionage...especially from China that hates South Korea with a passion.

    May we live in intereting times.

    Best to all

    Rockhopper

  2. 1.6k
    Posts

    They are smart guys.
    If it CAN happen, well ,these guys will do it.)

  3. 29.6k
    Posts

    China rare earth prices soar on their potential role in trade war
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    06/06/2019 | 07:38am EDT
    Workers transport soil containing rare earth elements for export at a port in Lianyungang
    BEIJING (Reuters) - Chinese rare earth prices are set to climb further beyond multi-year highs hit following a flurry of state media reports that Beijing could weaponize its supply-dominance of the prized minerals in its trade war with Washington.
    Rare earths, a group of 17 elements that appear in low concentrations in the ground, are used in a wide-range of products stretching from lasers and military equipment to magnets found in consumer electronics.

    China supplied 80% of the rare earths imported by the United States from 2014 to 2017, with Chinese state newspapers last month reporting Beijing could use that as leverage in the ongoing trade dispute between the two.

    "(Magnet-related rare earths) are the ideal materials to weaponize ... because they are so critical to high-demand, highly-competitive, price-sensitive industries," said Ryan Castilloux, managing director of Adamas Intelligence, a consultancy that tracks rare earths markets.

    "(Such rare earths) are collectively responsible for over 90% of the demand market's value each year ... (so they) will yield the most juice for the squeeze," Castilloux said by email from Toronto, adding that prices were set to keep rising.

    Prices of dysprosium metal, used in magnets, high-powered lamps and nuclear control rods, are currently assessed by Asian Metal at their highest since June 2015 at 2,025 yuan ($292.98) per kg.

    That is up nearly 14 percent from May 20, the day Chinese President Xi Jinping visited a rare earth plant, sparking speculation the materials could be the next front in the Sino-U.S. trade war.

    (GRAPH
    IC: Rare earth export prices perk up after China rattles trade war saber -

    The price of neodymium metal, critical to the production of some magnets used in motors and turbines, has risen to its highest since last July at $63.25 a kg, up about 30% since May 20, according to Asian Metal.

    The price of gadolinium oxide, used in medical imaging devices and fuel cells, is up 12.6 percent from May 20 at 192,500 yuan a tonne, the highest in five years.

    Asian Metal is a research and price reporting agency that covers rare earth elements.

    Chinese rare earth prices started to move "right after China announced the import ban" on rare earths from Myanmar, said Helen Lau, an analyst at Argonaut Securities in Hong Kong.

    The state-run Securities Times reported on May 13 that customs in the southwestern province of Yunnan would ban imports of rare earths from neighboring Myanmar, a key supplier of middle-heavy rare earth feedstock, from May 15.

    "But then a couple of days later, you can see a big movement in the prices - so that was mainly because of this possible weaponizing of rare earths," Lau said.

    "If China indeed weaponizes rare earths, the U.S. will not have enough supply because it needs some lead time to build their own processing capacity, which currently is zero," she added.

    Another analyst, who asked not to be identified due to the sensitivity of the matter, said that six major rare earth producers in China held the most stocks in the spot market, giving them power over prices.

    The six major producers are China Minmetals Rare Earth Co, Chinalco Rare Earth & Metals Co, Guangdong Rising Nonferrous, China Northern Rare Earth Group, China Southern Rare Earth Group and Xiamen Tungsten.

    (Reporting by Tom Daly and Shivani Singh; Editing by Joseph Radford)

    By Tom Daly and Shivani Singh

  4. 29.6k
    Posts

    US enlists Australia to secure rare earths supply
    Angus Grigg and Phillip Coorey
    Jun 13, 2019 — 1.03am

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    Share
    US defence chiefs have enlisted Australian help to secure the supply of critical minerals for batteries and weapons systems, to reduce China’s dominance of the sector.

    Australia is part of a Washington-led effort, which also includes Canada, to ensure materials critical for advanced manufacturing and the move away from fossil fuels are not controlled by Beijing.

    The Australian Financial Review has confirmed the Department of Defence is leading the effort from Canberra and it is being treated as a top-line national security issue.

    "Senior national security officials have been looking at this issue very closely for quite some time,'' said a source.

    While primarily a resources issue, it has involved discussions at the highest levels of government, including the National Security Committee of Cabinet.

    The minerals, including rare earths, lithium, copper and cobalt, are a vital part of the defence supply chain and are used in everything from weapons guidance systems to improving the durability of electronics used in the field. They are also vital for wind turbines and electric vehicles.

    Advertisement
    Half a tonne of rare earths
    Australia’s defence capability is affected through the staged purchase of F-35 Joint Strike Fighters from US, which have been reported to contain around half a tonne of rare earths.

    Related
    NAIF to help Arafura's $1.1b rare earths project
    NAIF to help Arafura's $1.1b rare earths project
    Angus Grigg and Peter Ker
    Australia is set to take delivery of 72 of the advanced fighter jets over the next decade, leaving Canberra vulnerable to any move by Beijing to cut off rare earth exports.

    China controls at least 80 per cent of the global trade in rare earths and has threatened to slash exports in retaliation for US President Donald Trump levying fresh tariffs against Beijing.

    Sources have confirmed a report by The Financial Times that the US State Department is working with Canada and Australia to better understand what critical minerals each country has and how these can be developed.

    The three countries have sought to bring together high-level government support for reducing the reliance on China for strategic materials.

    Australia’s response to the US call to arms has seen Austrade put together a prospectus of so-called "critical minerals" which could be developed with the help of capital from the US, Europe, Japan or South Korea.

    To speed these developments Austrade has led trade delegations to the US and north Asia and will take another group to Europe later this month.

    Arafura one winner
    Geoscience Australia and Australia's Nuclear Science and Technology Organisation have also been involved in coordinating Canberra's response.

    The strategic weakness of the US and its allies is seen as a commercial opportunity for Australia, which is rich in rare earths but has struggled to find investors for the capital-intensive projects.

    One company which could benefit is junior miner Arafura Resources which is seeking funding for its $1.1 billion rare earths project outside Alice Springs in the Northern Territory.

    It is pitching itself as a reliable supplier to the US and its allies and an opportunity for Japanese, Korean, European or American manufacturers to no longer be hostage to Chinese supply.

    Arafura is seeking funding from the Northern Australia Infrastructure Facility, which has so far struggled to find suitable projects.

    The NAIF is currently conducting due diligence on Arafura’s project, which is hoping to secure funding over the next six months.

    While the development of this project has national security implications, Resources Minister Matt Canavan said the NAIF was an independent body and cannot be directed by the Minister to invest in a specific project.

    Related
    The battle for control of world's battery supply chain
    The battle for control of world's battery supply chain
    Henry Sanderson
    "Nonetheless, I encourage the NAIF to support investments in new opportunities in the resources sector,'' he said.

    "The NAIF has invested in lithium, mineral sands and potash projects to date and has others under assessment.

    "In addition, under the NAIF Act, the Minister can only reject an investment on limited grounds, one of which covers Australia's national interest."

    In response to China’s threats to use rare earths as a bargaining chip in its trade war with the US, Commerce Secretary Wilbur Ross has promised “unprecedented action” to ensure America is not cut off from supply.

    This followed China’s National Development and Reform Commission saying last week, local “experts” had advised the government to “strengthen export controls” of rare earths.

    This could lead to a shortage of rare earths for manufacturers operating outside China in products as diverse as headphones to power tools and fridges.

  5. 511
    Posts

    Greetings to all,

    I am a long-term ALK holder and will continue to be. Thus, while I think it nice that all this speculation about what may or may not happen in the Rare earth's war is likely to cause the SP to rise, I would like to quote one of the USA's better Presidents on the matter, namely Ronald Reagan:

    The most terrifying words in the English language are: I'm from the government and I'm here to help.

    The last decade on the ASX illustrates Reagan's prescience, if one looks at, for example, Silex (which is still listed but is on govt. life support), Carnegie Wave Energy (now in administration), Geodynamics (Tim Flannery should've been prosecuted as a white collar criminal on this one)...to name just a few speculators that have in one way or another relied on direct or indirect government largesse. There is quite a few still doing so (Magnis, for example, is relying on this parlous course).

    I hope and prey that Alkane NEVER includes government support in any of its deliberations. It is a profitable gold miner in its own right (with a very good prospect of mine life extension supported by higher grades and a Gold price likely to remain at least where it is in the near- to medium-term). ALK's REE project ought to live or die on its own merits and what governments may wish to say or do should NOT enter any consideration on that score...excpet perhaps to factor in the likelihood that government will make stupid decisions that will adversely effect what ALK might want to do.

    Best to all.

    Rockhopper

  6. 29.6k
    Posts

    is a good stock taken a while but starting to perk up

    1 like
  7. 511
    Posts

    Not sure if it's Rare Earths speculation, great Gold grades and probable mine life extension plus strong Gold Price, or both...but I'm very happy with yesterday's close at 43.5...they were 20 cents a month ago. Other RREs are still going up so perhaps it's the former?
    NB. I am a long-term holder

    1 like
  8. 511
    Posts

    Definitely Gold. The announcement yesterday of the Cadia-like discovery has the SP into the low 50s off much higher volume than any news about Rare Earths.

  9. 29.6k
    Posts

    plus the rare earth play a bonus ,,always been a sleeper..imo

  10. 511
    Posts

    Interesting...I wouldn't have thought Gandel buying another 2,000,000 ALK would have the effect of pushing the SP into the 60s....He already owns thes of millions of shares and it is my guess that ALK has been stuck in the dodrums because of his insistence on pouring money into the DZP.

  11. 511
    Posts

    The run continues...20 cents 4 months ago, mid-high-60s today...I still think it's Gold not RE...AU > AUD$1200 per Oz and a Cadia-like deposit annonced. Also some whispers the DZP will be spun off.

    NB. I am a long term holder.

  12. 511
    Posts

    No significant news for 2 weeks, yet we're now in the mid-70s. Any other holders out there got any theories?

  13. 511
    Posts

    Rumours of a Rare Earths pact between Scomo and The Donald may explain today's spike???

  14. 511
    Posts

    Two gold-related announcements...now mid-80s...guess we'll have to see if there's a RE announcement to tell if it's just Gold or both.

    1 like
  15. 29.6k
    Posts

    40 was the break on charts

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