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    market news

    LKAB studying apatite and rare earth metals extraction

    Investing News Network
    Jan. 13, 2011 03:21PM PST
    Rare Earth Investing

    Steel Guru.com reports that LKAB is studying apatite and rare earth metal extraction from its’ tailings ponds in Kiruna and Malmberget

    Steel Guru.com reports that  LKAB is studying apatite and rare earth metal extraction from its’ tailings ponds in Kiruna and Malmberget.

    The story is quoted as saying:

    An internal pre study will determine the conditions for recovery of apatite and rare earth elements from tailings in LKAB’s ponds. Test drilling results indicate the occurrence of 15 different rare earth elements in the apatite. Rare earth metals are strategically important and necessary for the manufacture of, for example, electronics components, motors, glass and automobiles, and as alloying materials in steelmaking.

    To access the full story, click here.

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