Rare Earth Elements: A Review of Production, Processing ...
Rare Earth Elements: A Review of Production, Processing ...
Rare Earth Elements: A Review of Production, Processing ...
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<strong>Rare</strong> <strong>Earth</strong> <strong>Elements</strong> <strong>Review</strong> Section 2 – Introduction to <strong>Rare</strong> <strong>Earth</strong> <strong>Elements</strong><br />
Factor<br />
Table 2-4. Current Activities at Selected, Potential U.S. REE Mines<br />
Mountain Pass<br />
(California),<br />
RCF, Goldman<br />
Sachs, and Traxys<br />
Status Recommissioned<br />
separation plant.<br />
Feasibility study <strong>of</strong><br />
recommencing mining<br />
and processing under<br />
way.<br />
Resources 20 Mt @ 9.2% rare<br />
earth<br />
oxides (REO);<br />
1.8 Mt REO contained<br />
(a proven reserve).<br />
Bear Lodge<br />
(Wyoming),<br />
<strong>Rare</strong> Element<br />
Resources Ltd.<br />
Resource engineering<br />
study under way.<br />
Process development<br />
commenced.<br />
9 Mt @ 4.1% REO<br />
0.4 Mt REO (inferred).<br />
Pea Ridge<br />
(Missouri),<br />
Upland Wings/Wings<br />
Enterprises and<br />
Glencore International<br />
Commercial and<br />
technical studies<br />
ongoing. Property<br />
ownership has changed<br />
to Pea Ridge<br />
Resources, Inc..<br />
4 Mt iron ore; $3 billion<br />
<strong>of</strong> REE; small HREE<br />
deposit, but potentially<br />
higher concentrations<br />
than in any deposit<br />
worldwide.<br />
Round Top Mountain<br />
Project (Texas),<br />
Texas <strong>Rare</strong> <strong>Earth</strong><br />
Company<br />
Exploration—potential<br />
open pit mine. 82,000<br />
feet <strong>of</strong> drill core<br />
available for evaluation.<br />
Preparing for<br />
aeromagnetic survey<br />
and additional drilling.<br />
67% <strong>of</strong> REOs are<br />
HREEs.<br />
Potential Target: 18,000 tons Unknown. Output <strong>of</strong> REE from Information not<br />
<strong>Production</strong> per year REO;<br />
tailing unknown; available.<br />
start-up in 2012.<br />
underground mine<br />
production unknown.<br />
Critical � New owners. � Define “ore reserve.” � Define “ore reserve.” � Information not<br />
Issues � Completing � Develop process. � Develop process. available.<br />
Definitive<br />
Feasibility Study<br />
(DFS).<br />
� Restarting an “old”<br />
plant.<br />
� Complete DFS.<br />
� Approvals.<br />
� Customer support.<br />
� Complete DFS.<br />
� Approvals.<br />
� Customer support.<br />
Sources: http://phx.corporate-ir.net/phoenix.zhtml?c=236277&p=irol-news&nyo=0;<br />
http://www.rareelementresources.com/s/Home.asp; http://www.wingsironore.com/; http://texasrareearth.com/;<br />
http://pearidgeresources.com/<br />
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