Russian President Vladimir Putin suggested that he is open to cooperating with the US on rare-earth minerals in a video that has gone viral. This comes after President Donald Trump and Ukrainian President Volodymyr Zelenskyy’s heated exchange at the Oval Office. In the video, Putin says he is willing to work with American partners – including private companies – in the rare-earth sector, and points out that Russia’s rare earth reserves are far greater than what Ukraine holds.
Posted in Donald Trump, Mining, Vladimir Putin
Prospecting in state, Southwest picks up, seeking deposits of elements critical to high-tech products.
A growing global concern about supplies of “rare earth” elements for computers, hybrid cars and other staples of everyday life has sparked exploration in Arizona and across the Southwest.
A Tucson mining company is looking for the elements on state and federal lands near Tombstone.
An Australian firm found some in La Paz County near California, but ultimately decided the deposit wasn’t rich enough to be mined at today’s prices.
In New Mexico, three drilling projects are under way or done.
The periodic table includes 17 rare earth elements. They’re contained in minerals and are in great demand as critical components of high-tech products and electronics.
State geologists for Arizona and New Mexico and a top University of Arizona mineral researcher say potential exists for finding economically viable deposits here – possibly with the state’s extensive copper deposits. One reason for their optimism: Arizona has some rock formations similar to those where rare earth elements have been found in New Mexico.
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Posted in Mining, Technology
