RMB Debate: USGS Releases Report “Rare Earth Elements in U.S. Not So Rare”
Normally, a report put out by the USGS would go under RMBMedia, but this one will undoubtedly stir debate.
We knew this was coming, and are featuring this today as we start the debate on "Rare Earth Elements in U.S. Not So Rare — Significant Deposits Found in 14 States"…this is what www.RareMetalBlog.com was created for: to debate information towards increasing understanding and for education sources in the rare earth, rare metal and critical metal industry sector. Pile in — this one should undoubtedly receive commentary from every player in our sector…
EXCERPT (click here for source): Approximately 13 million metric tons of rare earth elements (REE) exist within known deposits in the United States, according to the first-ever nationwide estimate of these elements by the U.S. Geological Survey.
This estimate of domestic rare earth deposits is part of a larger report that includes a review of global sources for REE, information on known deposits that might provide domestic sources of REE in the future, and geologic information crucial for studies of the availability of REE to U.S. industry.
The report describes significant deposits of REE in 14 states, with the largest known REE deposits at Mountain Pass, Calif.; Bokan Mountain, Alaska; and the Bear Lodge Mountains, Wyo. The Mountain Pass mine produced REE until it closed in 2002. Additional states with known REE deposits include Colorado, Florida, Georgia, Idaho, Illinois, Missouri, Nebraska, New Mexico, New York, North Carolina, and South Carolina.
“This is the first detailed assessment of rare earth elements for the entire nation, describing deposits throughout the United States,” commented USGS Director Marcia McNutt, Ph.D. “It will be very important, both to policy-makers and industry, and it reinforces the value of our efforts to maintain accurate, independent information on our nation’s natural resources. Although many of these deposits have yet to be proven, at recent domestic consumption rates of about 10,000 metric tons annually, the US deposits have the potential to meet our needs for years to come."
REE are a group of 16 metallic elements with similar properties and structures that are essential in the manufacture of a diverse and expanding array of high-technology applications. Despite their name, they are relatively common within the earth’s crust, but because of their geochemical properties, they are not often found in economically exploitable concentrations.
Hard-rock deposits yield the most economically exploitable concentrations of REE. USGS researchers also analyzed two other types of REE deposits: placer and phosphorite deposits. Placer deposits are alluvial formations of sandy sediments, which often contain concentrations of heavy, dense minerals, some containing REE. Phosphorite deposits, which mostly occur in the southeastern U.S., contain large amounts of phosphate-bearing minerals. These phosphates can yield yttrium and lanthanum, which are also REE.
Ninety-six percent of REE produced globally now comes from China. New REE mines are being developed in Australia, and projects exploring the feasibility of economically developing additional REE deposits are under way in the United States, Australia, and Canada; successful completion of these projects could help meet increasing demand for REE, the report said.
REE are important ingredients in high-strength magnets, metal alloys for batteries and light-weight structures, and phosphors. These are essential components for many current and emerging alternative energy technologies, such as electric vehicles, photo-voltaic cells, energy-efficient lighting, and wind power. REEs are also critical for a number of key defense applications.
This report is part of a larger, Department of Defense-funded study of how the United States, and the Department of Defense in particular, use REE, as well as the status and security of domestic and global supply chains. In addition, the USGS National Minerals Information Center maintains statistics on global mineral production, trade, and resources that include rare earth elements.
The new USGS report, which provides an overview of domestic REE resources and possibilities for utilizing those resources, is available on line athttp://pubs.usgs.gov/sir/2010/5220. To learn more about REE, please visit the National Minerals Information Center’s REE webpage.