Thursday, June 25, 2020

Is The US Rare Earth Industry Now Catching Up With China?


Given that the group of minerals is considered of vital importance – both commercially and from a strategic standpoint – has the US rare earth industry now catching up with China?

By: Ringo Bones

Since The People’s Republic Of China stated that it plans to limit their rare earth metals export a little over a decade ago, the US government got spooked enough to call on the mining industry to address a potential rare earth shortage. Given that a single F-35 Lightning fighter jet uses about 35-pounds worth of rare earth metals only highlights the strategic importance of rare earths. A few years ago, a west Texas rare earth strike proved promising to make the US rare earth mining industry supersede China in a few years time.

Located only 35 miles north of the US-Mexican border, the west Texas rare earth d is a deposit is considered very promising because it is a type of rare earth mineral that is much easier to process from an economic standpoint compared to the minerals found in operational rare earth mines in China. At present, the most efficient economically viable way to extract rare earth metals from their relevant ores is via the continuous ion exchange / continuous ion chromatography process.

This process of extracting rare earths was initially developed by the Manhattan Project in the 1940s for refining actinide series elements – i.e. uranium, thorium, etc. – while only publicly admitting that the procedure was for refining rare earth elements as a proxy in developing the chemical process. This process was subsequently adapted to many high-volume industrial uses and came into its own with the advent of the continuous ion exchange / continuous ion chromatography process in conjunction with its cost effectiveness, simplicity and versatility.