Construction Nears Completion at JBI, Nippon Light Metals Rare Earth Elements Extraction Pilot Project Plant

Rare Earth Investing

The Jamaican Information News Service reported that the rare earth elements extraction pilot project being done jointly by the Jamaica Bauxite Institute (JBI) and Japanese company Nippon Light Metals is expected to begin soon, as construction on the plant is 95 percent complete.

The Jamaican Information News Service reported that the rare earth elements extraction pilot project being done jointly by the Jamaica Bauxite Institute (JBI) and Japanese company Nippon Light Metals is expected to begin soon, as construction on the plant is 95 percent complete.

As quoted in the market report:

The six-month pilot is being facilitated through a Memorandum of Understanding (MoU) signed by the JBI and Nippon Light Metal in September 2012. Over the period, researchers from Jamaica and Japan will treat some 30 tonnes of dry red mud to potentially extract some of the 17 rare-earth elements, which have been found in bauxite by-product.

To view the whole Jamaican Information News Service report, click here.

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