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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

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Canada-based rare earths processor Neo Performance Materials ( earlier post ) will acquire from Hudson Resources an exploration license covering the Sarfartoq Carbonatite Complex in southwest Greenland. The REEs on the Property have a high ratio of neodymium and praseodymium at 25%-40% of Total Rare Earth Oxides.

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Hyundai makes Series B investment in hydrogen and fuel cell catalyst maker Pajarito Powder

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Based in Albuquerque, New Mexico, Pajarito Powder develops and commercializes advanced electrocatalysts for fuel cells and electrolyzers. The investment is intended to allow Hyundai Motor to expand its portfolio in the value chain of the hydrogen industry and strengthen the establishment of the hydrogen ecosystem. 2021.100052.

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EPRI-led team awarded $2.8M from ARPA-E to research uranium recovery for next-gen reactors; deep borehole disposal

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We are launching our fourth contract in the EU, with an advanced reactor developer in Estonia, so it’s affirming to see that the US government is devoting resources to advanced reactor R&D that integrates borehole repositories as a spent fuel solution.

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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

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JRC report finds electric vehicles in Europe on the way to full-scale commercialization

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The European Union appears to be undergoing a transition from the testing of and experimentation with electric vehicles to full-scale EV commercialization, according to a new report from the EU’s Joint Research Center (JRC). This is due to strong financial incentives, which have led to registration peaks. —Thiel et al.

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Jordan signs $2B oil shale investment agreement with Saudi company

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The government of Jordan and the Saudi Arabian Corporation for Oil Shale (SACOS) recently signed a $2-billion agreement under which the government grants the Saudi company the right to extract and to develop the oil shale resources in the Attarat Um-AL-Ghudran region covering an area of 11 square kilometers.

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Estonian shale oil company acquires shale interests in Utah

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With the recent approval of the Committee on Foreign Investment in the United States (CFIUS), Eesti Energia (internationally known as Enefit) of Estonia has purchased a 100% interest in Oil Shale Exploration Company ( OSEC ) of Alabama, which has significant oil shale interests in Utah.

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