January 06, 2023
2022 was another significant year for minerals mining and set the...
The Wall Street Journal examined the United States’ dependence on rare earths—highlighting the weakness within our current supply chain and our country’s dependence on these minerals for innovative technologies including defense, refining, electronics and clean energy. Citing statistics from the U.S. Congressional Research Service, the article noted that “world demand for rare-earth elements is estimated at 136,000 metric tons per year, but global demand is projected to rise to at least 185,000 tons as early as 2015, and to surpass 200,000 tons by 2020.”
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