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market news

Pea Ridge’s Rare Earth Deposits Represent Viable Alternative Energy Opportunity

Investing News Network
May. 20, 2013 10:34AM PST
Rare Earth Investing

The SG Gate reported that the Pea Ridge mine may be re-opened as its vast rare earth resources represents an alternative energy source.

The SF Gate reported that the Pea Ridge mine may be re-opened as its vast rare earth resources represents an alternative energy source.

As quoted in the market report:

It’s a message that’s generated enthusiasm among lawmakers, including state Rep. David Schatz. A resolution introduced by the Sullivan Republican and co-sponsored by 30 others calls for development of Pea Ridge as a rare earth refinery and urges Congress to revise federal law to allow for a thorium “storage bank.” The measure won the backing of two House committees before the Missouri Legislature adjourned on Friday.

To view the whole SF Gate report, click here.

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