Wednesday, September 29, 2021 10:49:53 AM
Canada and US seal deal on critical minerals collaboration
"Canada and the US announced Thursday they have finalized the Canada-US Joint Action Plan on Critical Minerals Collaboration, aimed to advance the countries’ mutual interest in securing supply chains for the critical minerals needed for manufacturing sectors, communication technology, aerospace and defence, and clean technology.
Of the 35 minerals and metals the US deemed critical earlier this year, Canada was identified as a major import source for 13.
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USA Rare Earths
Traceability and Scientific Verification of Provenance to be Implemented for all Rare Earths, Lithium and Critical Minerals and Will Underpin USA Rare Earth Mine-to-Magnet Strategy
"USA Rare Earth LLC
February 18, 2021·11 min read
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Traceability and Scientific Verification of Provenance to be Implemented for all Rare Earths, Lithium and Critical Minerals and Will Underpin USA Rare Earth Mine-to-Magnet Strategy
New York, NY, Feb. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- USA Rare Earth LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in Hudspeth County, West Texas, together with Texas Mineral Resources Corp. (OTCQB: TMRC), is pleased to announce that it has partnered with Source Certain International (SCI). SCI will support USA Rare Earth to develop a transparent, traceable and trusted supply chain for its rare earth and lithium products, including permanent magnets. SCI forms a key part of USA Rare Earth’s mine-to-magnet and mine-to-market strategy. The SCI program will enable verification of provenance for all USA Rare Earth products.
USA Rare Earth has prioritized the need to have independent robust systems that can provide environmental, social responsibility and other quality assurance information to downstream customers and consumers of rare earths, lithium and other critical raw materials from Round Top and other sources into USA Rare Earth’s mine-to-magnet supply chain. The partnership with SCI provides U.S. manufacturers, technology companies and renewable energy producers with proof of provenance to support their own ESG initiatives and assurances to their customers."
Search Minerals partnership with USA Rare Earths leaves them well positioned to participate in a verifiable REE Supply chain that meets government transparency requirementes.
Source is currently reworking its PEA and surface mining blueprint to include the results of its most recent drilling program.
Search Minerals Commissions Combined Foxtrot/Deep Fox Resource Preliminary Economic Assessment
"PEA 2022 will incorporate the results of the 7000 m drilling program completed at Deep Fox in 2021.
The combination of the Deep Fox and Foxtrot resources will potentially allow for an increase in production rate to 2,000 tonnes per day compared to the 2016 PEA (PEA 2016) on Foxtrot alone.
Assays from Deep Fox have shown higher grades of the key rare earth elements used in the permanent magnet market (Neodymium, Praseodymium, Dysprosium and Terbium) as compared to Foxtrot.
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Looking forward to reporting of those higher grades!
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