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Afghanistan Holds Enormous Bounty of Rare Earths, Minerals
Sep. 29, 2011 12:10PM PST
Rare Earth InvestingScientific American reported that a million metric tons of REEs have been mapped in Afghanistan.
Scientific American reported that a million metric tons of REEs have been mapped in Afghanistan.
The market news is quoted as saying:
That’s enough to supply the world’s rare earth needs for 10 years based on current consumption, points out Robert Tucker, the U.S. Geological Survey (USGS) scientist who is the lead author on a report released on September 14. And from clues his team gathered during three high-security reconnaissance missions to the site, he suspects the deposit is actually much larger.