Pingie: HTTP:: California Mine Reopened to Search for Rare Earth Minerals

HTTP:: California Mine Reopened to Search for Rare Earth Minerals
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In the race towards creating more eco-friendly materials and devices, there are several chemicals that do the job as well as established ones, but with less of a carbon footprint. Such is the case with rare earth metals, which are minerals from which a variety of compounds necessary for constructing hybrid cars and wind turbines is extracted. China is currently the number-one supplier of such minerals, but Colorado, US-based Molycorp Minerals LLC is now looking for alternatives to break off from the dependency, Reuters informs. The company recently announced that it would reopen its long-idle Mountain Pass, California-based mine, which still had thousands of tons of the stuff buried under sterile rock. The 55-acre (22.3-hectare) exploitation is located in the state's high desert, and brings a ray of hope to “green” companies, in terms of getting their raw materials cheaper and faster. The reserves identified at the mine have the largest concentration of rare earth met!
als in the world, so resuming operations there makes sense. The company has already signed an agreement with Rochester, New York-based enterprise Arnold Magnetic Technologies Corp. for producing permanent magnets solely out of the supplies extracted from the Mountain Pass site. “The world has been looking for...
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