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Tag: Rare Earth Elements

Extinct volcanoes could help sate humanity’s hunger for rare earth elements

Posted on September 26, 2024 By admin
Extinct volcanoes could help sate humanity’s hunger for rare earth elements

Scientists found that some rare magma types are surprisingly efficient at concentrating rare earth elements. | Photo Credit: Shutterstock Extinct volcanoes are hard to study – we never see them erupt. Using a unique experimental technique, we were able to recreate a certain type of extinct volcano in a lab, learning more about the magma…

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Cabinet approves royalty rates for lithium, two other strategic minerals

Posted on October 11, 2023 By admin
Cabinet approves royalty rates for lithium, two other strategic minerals

Union Minister Anurag Singh Thakur briefs the media on cabinet decisions at National Media Centre, New Delhi on Wednesday. | Photo Credit: Sushil Kumar Verma The Centre on Wednesday said it has approved royalty rates of 3% each for lithium and niobium and 1% for Rare Earth Elements (REEs). The decision on the royalty rates…

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