Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

U.S. may be sitting on a gold mine in rare earth elements
Catholic Online ^ | July 22, 2013

Posted on 08/06/2013 1:50:02 AM PDT by 2ndDivisionVet

Early miners digging for gold, silver and copper had no idea what riches would be found alongside in the piles of dirt and rocks. There's a new rush in the United States to find key components of cell phones, televisions, weapons systems, wind turbines, MRI machines and the regenerative brakes in hybrid cars and old mine tailings. These byproducts could very well contain minerals the periodic table calls rare earth elements.

"Uncle Sam could be sitting on a gold mine," Larry Meinert, director of the mineral resource program for the U.S. Geological Survey says.

Both the USGS and Department of Energy are on a nationwide scramble for deposits of the elements that make magnets lighter, bring balanced hues to fluorescent lighting and color to the touch screens of Smartphones. To do so would break the monopoly the Chinese has one these supplies.

Researchers discovered critical elements could be in plain sight in piles of rubble usually dismissed as worthless junk, in an example of one era's junk becoming this era's treasure.

"Those were almost never analyzed for anything other than what they were mining for," Meinert said. "If they turn out to be valuable that is a win-win on several fronts - getting us off our dependence on China and having a resource we didn't know about."

Fifteen rare earth elements were discovered after the gold rush died down. Demand for these elements only increased over the past 10 years as electronic devices became smaller and more sophisticated.....

(Excerpt) Read more at catholic.org ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: business; economy; mining; rareearthminerals

1 posted on 08/06/2013 1:50:02 AM PDT by 2ndDivisionVet
[ Post Reply | Private Reply | View Replies]

To: 2ndDivisionVet

EPA will shut that mining down in a week or two.


2 posted on 08/06/2013 2:02:33 AM PDT by maddog55 (America Rising.... Civil War II)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

the chicoms aint gonna like this

zut alors!

looks like it’s back to chop stix exportation..


3 posted on 08/06/2013 2:08:46 AM PDT by jimsin
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet
I seem to remember an article a few months back about Japan discovering a mother lode of rare earth minerals in an area of their territorial sea beds. And the kicker was that the technology to easily recover these rare earth deposits was already in use.

Anyone else remember this?
4 posted on 08/06/2013 2:51:03 AM PDT by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tainan

From what I’m reading they’re all over, but only China has the processes and the will to use the toxic chemicals to leech them out. That’s why they control 95% of them, not geography so much. We have BANANA, which took the place of NIMBY.


5 posted on 08/06/2013 2:53:59 AM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: 2ndDivisionVet
Rare earths aren't rare.

America has plenty of rare earth deposits. It has only one semi-working mine - I seem to remember this is due to onerous regulation.

We can't blame China for America's apparent inability to mine its own minerals.

6 posted on 08/06/2013 2:57:57 AM PDT by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tainan

http://japandailypress.com/japan-finds-rare-earth-deposits-in-pacific-seabed-2125598/

Japanese researchers revealed on Thursday that they have discovered a possible rich source of rare earths on the Pacific seabed. The data they recovered suggests that the deposits could be 30 times better than China’s reserves, currently the source of 90% of the world’s supply of rare earths.


7 posted on 08/06/2013 3:09:03 AM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: 2ndDivisionVet

Isn’t that headline a mixed metaphor? Or just a pleonasm?


8 posted on 08/06/2013 4:01:35 AM PDT by Lonesome in Massachussets (Doing the same thing and expecting different results is called software engineering.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

There must be one heck of a tailing pile out at that huge old gold mine called Homestead...? Think it’s Homestead, in maybe South Dakota. Try a google earth flyover, that is a major big hole! As I understand there are layers and layers of tunnels too. Would take a long long time to sift through all of that.


9 posted on 08/06/2013 4:36:20 AM PDT by Joined2Justify (sure am glad the gov never lied to me ..)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Joined2Justify

Coal wash plants back in the 50s and 60s were unable to capture the minus quarter inch fine coal. Dozens of ponds full of fine coal were left behind in southern and central Illinois. In the 1980s, many of these ponds were reprocessed and the coal fines were recovered and sold.


10 posted on 08/06/2013 5:14:13 AM PDT by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
[ Post Reply | Private Reply | To 9 | View Replies]

To: maddog55

Good find!

A lot of old mine tailings piles have a treasury trove of overlooked minerals such as rare earths. Once someone else spent time and money to mine it the first time, re-processing tailings is a snap, depending of course on the process necessary to extract the overlooked minerals.

This demonstrates another value of capitalism. Capitalists are always looking for a better way to add value through innovation, instead of waiting on gubmit to do it for us.


11 posted on 08/06/2013 5:24:33 AM PDT by X-spurt (Ready for the CRUZ missle.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2ndDivisionVet

The problem isn’t finding the stuff or getting it out of the ground, it’s refining it. The Chinese don’t care about pollution, that’s why they have the market cornered. (At least that’s my understanding of matters.)


12 posted on 08/06/2013 5:26:54 AM PDT by Moltke (Sapere aude!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Joined2Justify

Yep, Homestead is in Lead, SD. Now shut down. It was loosely the storyline basis for the HBO Series Deadwood and kept producing gold until a few years ago.

There are so many tailings piles to re-process, Homestead being just one of them.


13 posted on 08/06/2013 5:30:46 AM PDT by X-spurt (Ready for the CRUZ missle.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Eric in the Ozarks

Friends made millions doing this, but the value was not really from the recovered coal fines and instead was from the huge tax credits, expiring several years back.


14 posted on 08/06/2013 5:34:59 AM PDT by X-spurt (Ready for the CRUZ missle.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Moltke

Exactly.


15 posted on 08/06/2013 5:36:12 AM PDT by X-spurt (Ready for the CRUZ missle.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Lonesome in Massachussets

“Isn’t that headline a mixed metaphor? Or just a pleonasm?”

Now I know why you are lonesome in Mass, using words like that. I had thought about pleonasms, I just had not realized there was a name for them. But then, again, many of you FReepers are so darned intelligent, I feel like a one year old living in a Latin only world, while my parents speak only penguinese. :-)


16 posted on 08/06/2013 5:49:45 AM PDT by Rannug ("God has given it to me, let him who touches it beware.")
[ Post Reply | Private Reply | To 8 | View Replies]

To: Rannug

Sorta a combination of dispensing snark and showing off...


17 posted on 08/06/2013 6:36:15 AM PDT by Lonesome in Massachussets (Doing the same thing and expecting different results is called software engineering.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Tainan

Here you go: “Japanese scientists have found vast reserves of rare earth metals on the Pacific seabed” http://www.freerepublic.com/focus/f-news/3000427/posts


18 posted on 08/06/2013 7:07:16 AM PDT by Balding_Eagle (When America falls, darkness will cover the face of the earth for a thousand years.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Neidermeyer; Balding_Eagle; 2ndDivisionVet
Thanks Folks. Glad my memory is still working.

I guess that stuff isn't as 'rare' as they're telling us it is...;)
19 posted on 08/06/2013 7:15:57 AM PDT by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
[ Post Reply | Private Reply | To 7 | View Replies]

To: Lonesome in Massachussets

lol


20 posted on 08/06/2013 7:45:55 AM PDT by Rannug ("God has given it to me, let him who touches it beware.")
[ Post Reply | Private Reply | To 17 | View Replies]

To: Rannug
I had thought about pleonasms

That's okay, so long as you went to confession and said a perfect Act of Contrition afterwards. Otherwise, you goin' to Hell.

21 posted on 08/06/2013 5:47:13 PM PDT by Lonesome in Massachussets (Doing the same thing and expecting different results is called software engineering.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Thanks 2ndDivisionVet.
Early miners digging for gold, silver and copper had no idea what riches would be found alongside in the piles of dirt and rocks. There's a new rush in the United States to find key components of cell phones, televisions, weapons systems, wind turbines, MRI machines and the regenerative brakes in hybrid cars and old mine tailings. These byproducts could very well contain minerals the periodic table calls rare earth elements.

22 posted on 08/08/2013 8:23:24 PM PDT by SunkenCiv (It's no coincidence that some "conservatives" echo the hard left.)
[ Post Reply | Private Reply | View Replies]

To: maddog55; All

Duh, does “EPA” stand for “Economic Prosecution Authority?”


23 posted on 08/08/2013 8:27:59 PM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2ndDivisionVet; jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; ...

Goldbug ping.


24 posted on 08/08/2013 8:36:50 PM PDT by Jet Jaguar
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

We’re sitting on a lot of gold mines. Problem is big brother won’t let us touch them.


25 posted on 08/10/2013 4:06:53 AM PDT by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson