Seems like a strange place to put it considering most of the Rare Earths are in CO, UT and NV.
Transportation cost would doom it
Probably comes down to business environment.
There’s rare erfs in TX too.
Search Round Top Mtn for one.
Seeing as how the REM mine we have currently functioning sends its raw ore to China for processing, I think transportation costs would actually be lower than the current “arrangement”.
“Seems like a strange place to put it considering most of the Rare Earths are in CO, UT and NV.
Transportation cost would doom it”
Well, the article says they have partnered with an Australian mining company so I bet the raw materials will come to Texas by ship. In large quantities that might be cheap.
Seems like a strange place to put it considering most of the Rare Earths are in CO, UT and NV.
Transportation cost would doom it.
They are doing heavy rare earths.
Look up Texas Rare Earth Resources Corp.
They are in Texas just off I-10 about 80 miles down the road from El Paso.