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Old 12-06-2010, 01:11 AM
Sparty Sparty is offline
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Join Date: Mar 2009
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Default Update on Rare Earth Resources

On a Resources per capita metric the world's richest REE country is by far and away Greenland with 4,890 contained tons for a population of around 66,000 people.

Australia is the world's second richest country and hosts both the world's richest Rare Earth deposit at Mt Weld, W.A. and the richest heavy Rare Earth deposit at Dubbo, NSW. http://www.australianrareearths.com/Known-REEs-resources-reserves

Of note Australian companies own both the Greenland deposit and those within Australia.

In two recent studies the USGS and European Union studies of mineral supply risk, REE rank highest as mineral raw materials of critical concern, given uncertain future supplies and their importance to advanced industrial economies.

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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