Manufacturers globally are expressing concern over China’s dominance of strategic elements including rare earths used in a technologies such as electric vehicles, electric motors, batteries, aircraft, wind turbines and mobile phones. “China’s monopoly of rare earths raises the question of supply vulnerability. The Chinese government’s move to electric vehicles could make China a net importer of [...]
Trevor Blench, Chairman at Steenkampskraal discusses their rare earths mine in the Western Cape.
Holland, Norway, the UK and France have announced plans to discontinue the sale of petrol and diesel vehicles. Holland and Norway will terminate the sale of these vehicles from 2025, and France and the UK from 2040. Volvo will discontinue its combustion engine vehicles as early as 2019 and Toyota has announced plans to terminate its [...]
The prices of neodymium, praseodymium and dysprosium, representing 85% of the economic value of the rare earth deposit at the Steenkampskraal mine in the Western Cape, increased about 50% last year. Total reserves at the mine have a market value of $2 billion. “Neodymium magnets are used in industries such as electrical motor manufacturer, medical science [...]
Alpha emitters are small particles used in the treatment of cancer. They are nuclear particles that typically travel short distances and attack cancer cells only. New research has produced alpha particles with a special coating that enables them to differentiate between healthy cells and cancer cells. The coating identifies the cancer cell and introduces the alpha [...]
With only a few months remaining out of a five-year qualification programme by Thor Energy in Norway, the commercialisation of thorium as a fuel in conventional nuclear reactors is imminent. Initiated by The Thorium Irradiation Consortium, it is led by Thor Energy and has the Institute for Energy Technology (IFE) in Norway; Westinghouse; Fortum in Finland; [...]
By Trevor Blench, Chairman of Steenkampskraal Holdings, which owns the Steenkampskraal rare earths mine in the Western Cape, South Africa Manufacturers of products ranging from batteries to electronic devices, and from wind turbines to hybrid cars, are scouring the world to secure critical supplies of rare earths such as neodymium, praseodymium and dysprosium. The increasing [...]
By Trevor Blench, Chairman of Steenkampskraal Holdings, which owns the Steenkampskraal rare earths mine in the Western Cape. Steenkampskraal’s vision is to be the building block of a rare earths supply chain independent of China. Manufacturers as well as countries around the world are indicating concern over China’s dominance of these strategic elements. The concentration of [...]