The International Business Times reported that Japanese researchers have discovered rare earths elements in high concentrations in the red mud of Jamaica.
As quoted in the market report:
Philip Paulwell, Jamaica’s minister of Science, Technology, Energy & Mining, said in a statement to Jamaica’s Parliament that the rare earths discovered by the Nippon Light Metal Co. Ltd. can be efficiently extracted. In fact, he added, plans for a pilot extraction programme have already begun.
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