Kazakhstan says it has discovered 20 million ton rare earth metals deposit
me-metals: Kazakh geologists have discovered a rare earth metal deposit with estimated resources of more than 20 million metric tons at a depth of up to 300 metres, the country’s industry and construction ministry said in a statement on Wednesday.
According to me-metals cited from mining.com, Kazakhstan does not currently feature in the U.S. Geological Survey’s list of countries by rare earth metal deposits. If confirmed, the deposit would place Kazakhstan behind only China and Brazil by size of reserves.
In a statement on Telegram, the ministry said that the Zhana Kazakhstan site, which is 420 km (261 miles) from the country’s capital, contained neodymium, cerium, lanthanum and yttrium, and that its average rare earth metal content is 700 grams per ton.
It did not specify which companies may develop the site, or when.
source: mining.com
Related News
Top News
Seven Minutes ago
Three last month
MP Materials halts exports to China
China’s aluminum makers say tariffs won’t deter overseas growth
Trump to fast-track permitting for 10 mining projects across US
AUCTION SJSCO D140306
Trump to approve land swap for Rio Tinto copper mine opposed by Native Americans
Turkish nickel bull plans $2 billion M&A spree to rival China
China’s export controls are curbing critical mineral shipments to the world
Iron ore price set for second weekly loss as tariff turmoil weighs
Gold starts coming back to Switzerland from US after exclusion from Trump’s tariffs
Barrick is cashing in on gold’s record rally with asset sales
China’s surprise resilience aids copper as global risks mount
Newmont beats first-quarter profit estimates on rally in gold prices
Chile moves forward with lithium projects in three salt flats
China alumina exports surge to seven-year high as surplus widens
Barrick Gold seeks buyers for its last mine in Canada
Western investors are piling into gold market after three-year hiatus
Tongling Metals warns US tariffs to drag short-term copper outlook
Billionaire Paulson says central banks will keep buying gold
US Antimony restarts Mexico smelter plant after over a year
Barrick is cashing in on gold’s record rally with asset sales
China’s surprise resilience aids copper as global risks mount
Newmont beats first-quarter profit estimates on rally in gold prices
Chile moves forward with lithium projects in three salt flats
China alumina exports surge to seven-year high as surplus widens
Barrick Gold seeks buyers for its last mine in Canada
Western investors are piling into gold market after three-year hiatus
Tongling Metals warns US tariffs to drag short-term copper outlook
Billionaire Paulson says central banks will keep buying gold