Colorado company plays key role in developing massive, rare earth element find in Wyoming
A 2.34 billion metric ton deposit of granite containing substantial amounts of rare earth elements in the rugged mountains and canyons of southern Wyoming is said to be one of the largest strikes in the United States. And a Colorado company is playing a key role in its development, which offers both significant economic and national security implications. Lakewood-based Wyoming Rare USA Inc., a subsidiary of American Rare Earths Limited,...
What’s Entailed In North Dakota’s Next Boom?
Some believe the recent discoveries of rare earth minerals in western North Dakota could lead to the next boom in the state. Everything from cellphones and electric vehicles to renewable energy systems depends on these elusive materials. Mining firms all around the world are stepping up their attempts to unearth these priceless treasures as demand for rare earth minerals continues to soar. The mining of rare earth minerals is examined in this article along with its significance, difficulties, and environmental effects.