China's economy loses steam as COVID-19 erupts, cuts rates

(Kitco News) - The People's Bank of China (PBOC) said it was lowering the interest rate on 700 billion yuan ($110.2 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points to 2.85% from 2.95% in previous operations.

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Hastings Tech gets enviro permits for rare earth project

(Kitco News) - "The Flora and Vegetation Environmental Management Plan sets out the environmental objectives to be achieved and specifies management actions that will be implemented to achieve compliance. Hastings has prepared management targets and monitoring programs to measure the effectiveness of the management actions. The management plan has been informed by best practice and recent experience on similar mining projects in Western Australia, said the company in a news release. 

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