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The main drivers of market expansion are the increased demand from rising nations and the dependence on "Green Technology" on rare earth elements.New York, United States, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Seventeen metallic elements comprise rare earth elements. The fifteen lanthanides include Lanthanum, Cerium, Praseodymium, Neodymium, Promethium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Ytterbium, and Lutetium, as well as Scandium and Yttrium. Moreover, th

The Indian government plans to call bids for an additional 100 critical mineral blocks in February 2024, as part of the second round of auctions, according to Mines Minister Pralhad Joshi. Bids have already been invited for 20 critical mineral-bearing blocks. India recently identified 24 minerals as strategic and critical for the country, including graphite, molybdenum, lithium, and platinum group elements.

Rare earth elements (REEs) are essential to the so-called green economy, used for everything from smartphones and tablets to electric vehicles and wind turbines.

Highlights High-resolution aeromagnetic and radiometric surveys completed. 1,317.0-line km of aeromagnetic and radiometric at Daly Lake. 820.5-line km of aeromagnetic and radiometric at Duddridge Lake. Searchlight Resources Inc. " or the "Company")... - Veroeffentlicht am 19.12.2023

“The National Mineral Exploration Trust (NMET) has funded 270 mineral exploration projects in the country out of which 162 projects have been completed,” Joshi said while adding that 88 of these have been successful. With 21, the highest number of successful NMET funded projects are in Odisha. Deposits of Iron, Copper, Manganese, Limestone, Bauxite, and Graphite were found in the state.