Nebraska Mine Find to Challenge China’s Dominance of Vital Rare Minerals

The Washington Times reported that a very large rare earths deposit has been identified near the town of Elk Creek, Nebraska.

The market news is quoted as saying:

The potential mining operation, the first in the U.S. in a decade, could have an international impact as well. U.S. officials and lawmakers in Congress have been eager to break the near monopoly on global production of the 17 rare-earth elements in China, which has shown its willingness to use its power in the market for political ends.

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