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Phalaborwa is home to Palabora Mining.The massive open pit mine, nearly 2,000 meters across, is Africa's widest manmade hole. Founded in 1951, Foskor's Mining Division in Phalaborwa mines phosphate rock (foskorite and pyroxenite), from which Foskor's Acid Division in Richards Bay produces phosphoric acid and phosphate-based granular fertilisers for local and international markets.
Palabora Mining Company Limited (founded August 1956) is a publicly traded mining company headquartered in Phalaborwa, Limpopo province, South Africa. The company operates a single cluster of open-pit and underground mines producing mainly copper as well as byproducts such as precious metals from anode slimes, nickel sulfate, sulfuric acid, magnetite, and vermiculite.
Arafura Rare Earths Ltd is an Australian mining company headquartered in Perth, Western Australia and was listed on the Australian Stock Exchange in 2003. The company was formerly known as Arafura Resources until it was renamed in October 2022.
Most are so-called light rare earths, used in cellphones and other consumer goods. The Pentagon on Tuesday said it awarded $9.6 million to MP Materials Inc <MP.N>, which owns the only U.S. rare ...
U.S. and Danish officials lobbied the developer of Greenland's largest rare earths deposit last year not to sell its project to Chinese-linked firms, its CEO told Reuters, adding it has been in ...
Rare earths are contained in secondary phosphates and aluminophosphates, presumably derived from weathering of the Proterozoic Mount Weld carbonatite. [4] The primary commercial interest at the site is targeted towards oxides as well as further niobium and tantalum deposits within the intrusive pipe of the Mount Weld carbonatite, which is approximately three kilometers (1.9 mi) in diameter.
U.S. rare earth minerals miner Molycorp Inc. (NYSE: MCP) announced after markets closed today that it had begun production at its Project Phoenix concentrate facilities in Mountain Pass, California.
In August 2021 Rainbow Rare Earths announced that almost all staff had been placed on suspension. [8] Given the lower return available from Gakara compared to other projects, no further investments were made. Gakara was fully written down, with net assets impaired to nil, in Rainbow Rare Earth's accounts for the year to 30 June 2023. [12]