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(Reuters) -A bipartisan piece of legislation introduced in the U.S. Senate on Friday would force defense contractors to stop buying rare earths from China by 2026 and use the Pentagon to create a ...
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 ...
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 ...
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.
Most rare earth elements are located in China, with the world’s second-largest economy estimated to account for 70% of global rare earth ore extraction and 90% of rare earth ore processing.
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.
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There are 17 rare earth metals, and their production is a complex multi-stage process. Exports may be in the form of ores or goods at any stage including mined rare earth ores (all containing a tiny mix of rare earths), refined ore concentrates, refined highly pure metals, or products incorporating refined metals (car li-on batteries, magnets or magnet incorporating windmill generators).