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The rare-earth elements (REE), also called the rare-earth metals or rare earths, and sometimes the lanthanides or lanthanoids (although scandium and yttrium, which do not belong to this series, are usually included as rare earths), [ 1 ] are a set of 17 nearly indistinguishable lustrous silvery-white soft heavy metals.
September 24, 2024 at 10:18 AM. A mysterious type of magma found within extinct volcanoes scattered around the world could contain an abundant supply of rare earth elements, crucial ingredients ...
Mountain Pass mine. The Mountain Pass Rare Earth Mine and Processing Facility, owned by MP Materials, is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range in California, 53 miles (85 km) southwest of Las Vegas, Nevada. In 2020 the mine supplied 15.8% of the world's rare-earth production.
A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets. The magnetic field typically produced by rare-earth ...
Rare earths and the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) are in the spotlight, and not just because demand is soaring for a hot new tech gadget. Rather, these essential minerals ...
MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States. [10] The rare earth materials industry is dominated by China, which produces 60% of the world's rare earth ...
At the time, Europe depended on China for 98% of its rare-earth needs, 97% of its lithium supply and 93% of its magnesium supply. [4] In the U.S., critical minerals that are at risk of shortage or supply chain disruption are assessed by the United States Geological Survey and by the National Science and Technology Council. [5] [6] [7] [8]
Pensana Salt End. Pensana Saltend is a future processing facility for rare earth metals at Salt End, near Hull in the East Riding of Yorkshire, England. When operating at capability, the plant aims to produce 5% of world demand for neodymium and praseodymium oxide. Work on the site started in 2021, with full opening by 2023.