Tag Archives: rare earth minerals

China lifts export limits on rare earth minerals

Having lost its case before the World Trade Organization China has lifted the limits it had placed on the export of rare earth minerals back in 2009.

Because of low costs, China produces about 90% of all rare earths worldwide, needed for most high tech electronics. This decision eases a concern that has existed now for better part of a half decade.


Nebraska rare earth mineral discovery to challenge China’s monopoly

A discovery in Nebraska of rare earth minerals appears set to challenge China’s monopoly.

To me these were the key quotes from this article:

The U.S. used to produce rare earths through the Mountain Pass Mine in California, but it was shut down in 2002, primarily because of environmental concerns, including the spillage of hundreds of thousands of gallons of water carrying radioactive waste into a nearby lake.


Although studies have shown the U.S. has 13 million metric tons of rare-earth minerals, National Mining Association spokeswoman Carol Raulston said it does not mine any of it – partly as a result of the difficulty of obtaining permits. “One of the key problems that investors tell us about is that the permitting regime in this country is so complicated and time-consuming that it has hurt investments here in the United States,” Ms. Raulston said.