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Rare Element Resources Reports Progress on U.S. Department of Energy Funding for Rare Earth Separation and Processing Demonstration Plant - Vimarsana News

Rare Element Resources Reports Progress on U.S. Department of Energy Funding for Rare Earth Separation and Processing Demonstration Plant

Demonstration plant will utilize the Company’s proprietary technology to produce commercial-grade high-purity oxide for U.S. rare earth magnet production.LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to provide an update regarding the progress of pre-award negotiations with the U.S. Department of Energy

Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project - Vimarsana News

Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project

Press release content from Business Wire. The AP news staff was not involved in its creation. Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project January 21, 2021 GMT LITTLETON, Colo.--(BUSINESS WIRE)--Jan 21, 2021-- Rare Element Resources Ltd. (the “Company”) (OTCQB: REEMF) is pleased to announce that formal notice has been received from the U.S. Department of Energy (“DoE”) that General Atomics, an affiliate of Synchron, the Company’s largest shareholder, along with Rare Element Resources, Inc. (...

Source: apnews.com
What Is Going On With Rare Earths Going Into Next Year? - Vimarsana News

What Is Going On With Rare Earths Going Into Next Year?

What Is Going On With Rare Earths Going Into Next Year? Smartphones, laptops, wind turbines, electric cars, and medical devices — you name it. They're also widely used in defense technology, like jets and guided missile systems. Neodymium, dysprosium, praseodymium, and terbium, for example, are all used in high-strength permanent magnets. They are used in virtually every modern vehicle and aircraft, and they improve efficiency and reduce size and weight. The guidance systems used by missiles and smart bombs rely on the fluorescent properties of terbium, europium, and yttrium oxides. Display...