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Researchers have found a deposit of rare-earth minerals off the coast of Japan that could supply the world for centuries, according to a new study. The study, published in the journal Nature on Tuesday, says the deposit contains 16 million tons of the valuable metals. Rare-earth minerals are used in everything from smartphone batteries to electric vehicles. By definition, these minerals contain one or more of 17 metallic rare-earth elements (for those familiar with the periodic table, those are on the second row from the bottom).

On the outskirts of one of China’s most polluted cities, an old farmer stares despairingly out across an immense lake of bubbling toxic waste covered in black dust. He remembers it as fields of wheat and corn. (snip) Vast fortunes are being amassed here in Inner Mongolia; the region has more than 90 per cent of the world’s legal reserves of rare earth metals, and specifically neodymium, the element needed to make the magnets in the most striking of green energy producers, wind turbines.

Flashing some interplanetary gold bling and sipping "space water" might sound far-fetched, but both could soon be reality, thanks to a new US law that legalizes cosmic mining.In a first, President Barack Obama signed legislation at the end of November that allows commercial extraction of minerals and other materials, including water, from asteroids and the moon. That could kick off an extraterrestrial gold rush, backed by a private aeronautics industry that is growing quickly and cutting the price of commercial space flight. The US Commercial Space Launch Competitiveness Act of 2015 says that any materials American individuals or companies find...

Shares of rare earth mining company Molycorp are down more than 70% in 2014. But the decline of Molycorp began quickly and brutally in 2011. Molycorp went public in July 2010 at $14 per share, right as the price of rare earth minerals started to take off. The price of Molycorp shares quintupled within a year, and peaked at $74 in 2011. But over the last three years, the stock has been on a steady march towards $0. The 2010 surge in rare earth prices prompted ZeroHedge to write: "Ever heard of the oxides of Lanthanum, Cerium, Neodymium, Praseodymium and/or...

Last week China announced that it would adhere to a World Trade Organization (WTO) ruling from last year by removing export quotas among other restrictions on rare earth minerals (RE). After controlling the global market for a number of years and extracting handsome rents, why is Beijing suddenly deciding to comply? It probably has little to do with the Chinese deciding to play by the rules and more to do with the realization that their attempt to use their dominant position to coerce political concessions has backfired. China’s monopoly of RE production has been quickly slipping away due to market...

WASHINGTON, D.C. – U.S. Senator Roy Blunt (Mo.) and U.S. Senator Joe Manchin (W. Va.) introduced the “National Rare Earth Cooperative Act of 2014” this week, bipartisan legislation that relieves America’s dependence on China’s rare earth minerals, encourages private sector jobs and innovation, and preserves our the United States’ military technological edge. To read the bill, click this link: http://www.blunt.senate.gov/public/_cache/files/8385bd2e-0063-48eb-85ed-ab19dc713c55/2-7-14%20National%20Rare%20Earth%20Cooperative%20Act%20of%202014.pdf

Oil and natural gas aren’t just fuels. They supply building blocks for pharmaceuticals; plastics in vehicle bodies, athletic helmets and thousands of other products; and complex composites in solar panels and wind turbine blades and nacelles. The USA was importing 65% of its petroleum in 2005, creating serious national security concerns. But thanks to fracking, imports are now 40% and the US exports oil and gas. Today’s vital raw materials foundation also includes exotic minerals like gallium, germanium, rare earth elements and platinum group metals. For the USA, they are “critical” because they are required in thousands of applications; most...

Interesting find - headline... "Japan just found a 'semi-infinite' deposit of rare-earth minerals — and it could be a 'game-changer' in competition with China Jeremy Berke Apr. 13, 2018, 12:26 PM" Story highlights... "Japan started seeking its own rare-earth mineral deposits after China withheld shipments of the substances amid a dispute over islands that both countries claim as their own, Reuters reported in 2014. ... A new finding that could change the global economy... The newly discovered deposit is enough to "supply these metals on a semi-infinite basis to the world," the study's authors wrote in the study. ... The...

Chinese price manipulation has taken its toll on the U.S. economy Rare earth metals are an increasingly integral part of everything from automobiles to television sets.  But the precious metals are tightly controlled by China, with an excess of 95 percent of current suplly coming from Chinese-owned mines and refineries.  The degree of control has allowed China to manipulate prices, cutting back on demand to sell less material for the same amount of profit, any businessperson's dream. I. New Private-Public Partnership Sets Aim on Chinese Mineral Hegemony The problem is that it takes several years or more to bring rare...

Minerals, facing shortage, are key for military hardware, cell phones. Boeing has signed a deal to deploy remote sensing technology to map out U.S. deposits of rare earth elements. The rare earth family of minerals is the real-life version of the precious element "unobtanium" in James Cameron's movie "Avatar." They are used to make everything from military hardware to humble cell phones, but could soon be in short supply as worldwide demand outstrips mining production in China. The aerospace and defense giant announced today that it will confirm rare earth mining claims held by U.S. Rare Earths, Inc. at locations...

When you really need something, it's natural to worry about running out of it. Peak oil has been a global preoccupation since the 1970s, and the warnings get louder with each passing year. Environmentalists emphasize the importance of placing limits on consumption of fossil fuels, but haven't been successful in encouraging people to consume less energy—even with the force of law at their backs. But maybe they're going about it all wrong, looking for solutions in the wrong places. Economists Lucas Bretschger and Sjak Smulders argue that the decisive question isn't to focus directly on preserving the resources we already...

LOS ANGELES (Reuters) – The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods. That makes Toyota's market-leading gasoline-electric hybrid car and other similar vehicles vulnerable to a supply crunch predicted by experts as China, the world's dominant rare earths producer, limits exports while global demand swells. Worldwide demand for rare earths, covering 15 entries on the periodic table of elements, is expected to exceed supply by some 40,000 tonnes annually in several years unless...

Supplies of speciality metals like lithium, neodymium and indium could become restricted unless recycling rates improve. That's the message from the first two of six reports prepared to assess metal supply sustainability for the United Nations Environment Programme (UNEP). 'Scientists should anticipate the possibility that they may not have the whole periodic table to work with in future,' says Thomas Graedel, who led the Global Metal Flows Working Group that compiled the studies.  The report series won't deliver overall supply and demand projections until nearer to the 2012 Rio Earth Summit. Nevertheless Graedel, who is also director of Yale University's Center for Industrial Ecology...

China is threatening to take the trade war to the next stage: cut off rare earth metal supplies to US technology and defense industries. That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare earths,” says one editorial. “US need for rare earths an ace on Beijing’s hand,” goes another. “Without a reliable domestic supply, the US must rely on rare earths from China to supply industries of strategic importance,” acknowledges Hu Weijia, author of the second editorial. “Rare earths are vital to many modern technologies and a wide array of weapon systems used by the US...

In 1973 OPEC countries imposed an oil embargo to retaliate for US support of Israel during the Yom Kippur War. Drivers endured soaring gasoline prices, blocks-long lines, hours wasted waiting to refuel vehicles, and restrictions on which days they could buy fuel. America was vulnerable to those blackmail sanctions because we imported “too much” oil – though it was just 30% of our crude.The fracking revolution (horizontal drilling and hydraulic fracturing) and other factors changed that dramatically. The United States now produces more crude oil than at any time since 1970.But now we face new, potentially far greater dangers –...

It was revealed recently that North Korea is sitting on approximately $6 trillion worth of natural resources, which the country lacks the technology or expertise to extract. The impoverished nation is quite literally sitting on a goldmine, a significant portion of which is made up of rare earth metals. Rare earth metals are not - as you would expect - exceptionally rare, but are generally found in small trace quantities underground. What is rare is to find them in high concentrations, which is exactly what experts believe is present beneath the soil of North Korea. Not only are these resources...

It’s not far-fetched to consider ‘The Art of the Deal’ applied to North Korea’s allegedly vast rare earth resources. This may not be about condos on North Korean beaches after all. Arguably, the heart of the matter in the Trump administration’s embrace of Kim Jong-un has everything to do with one of the largest deposits of rare earth elements (REEs) in the world, located only 150 km northwest of Pyongyang and potentially worth billions of US dollars. All the implements of 21st century technology-driven everyday life rely on the chemical and physical properties of 17 precious elements on the periodic...

Scarce metals are found in a wide range of everyday objects around us. They are complicated to extract, difficult to recycle and so rare that several of them have become "conflict minerals" which can promote conflicts and oppression. A survey at Chalmers University of Technology now shows that there are potential technology-based solutions that can replace many of the metals with carbon nanomaterials, such as graphene. They can be found in your computer, in your mobile phone, in almost all other electronic equipment and in many of the plastics around you. Society is highly dependent on scarce metals, and this...

North Dakota coal companies are hoping to have a hand in solving the nation’s supply problem of rare earth elements. Europium, dysprosium, erbium, terbium, neodymium, holmium, scandium, lutetium, and yttrium, are just a few of these valuable materials. “They’re used in pretty much all of our modern electronics,” said Steve Benson, associate vice president for research at the Energy and Environmental Research Center in Grand Forks. Magnets, hard drives, alloys, batteries, catalysts in cars, lasers, even coal’s cleaner energy cousins wind turbines and solar panels rely on rare earth elements - and could, in turn, rely on lignite coal. And...

US scientists have found what it could be key for the future of the country’s ailing coal industry as they detected that ashes from local operations, particularly those around the Appalachian region, are very rich in rare earth elements. Researchers from North Carolina-based Duke University analyzed coal ashes from coal-fired power plants throughout the US, including those in the largest coal-producing regions: the Appalachian Mountains; southern and western Illinois; and the Powder River Basin in Wyoming and Montana. One of the team main conclusions was that coal waste generated by the Appalachian coal operations was the richest in rare earth...