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    market news

    Rare Earths Discovered in Rajasthan

    Teresa Matich
    Apr. 26, 2016 10:08AM PST
    Rare Earth Investing

    The Deccan Herald reported that geologists have discovered a potential source of rare earth elements in Rajasthan’s Barmer district. As quoted in the Laboratory analysis of the source rocks show the quantity of rare earth metals—needed in the nuclear and space sectors as well as in wind energy, defence, chemicals and electronics industry—may be of …

    The Deccan Herald reported that geologists have discovered a potential source of rare earth elements in Rajasthan’s Barmer district.
    As quoted in the

    Laboratory analysis of the source rocks show the quantity of rare earth metals—needed in the nuclear and space sectors as well as in wind energy, defence, chemicals and electronics industry—may be of commercial interest.
    Out of the 18 exploratory projects worldwide, the concentration of these minerals at the Indian site comes at the third spot. “In view of the high concentration of the rare earth elements, the felsite dykes of Phulan and the adjoining areas of Siwan Ring Complex area (Barmer district) form a potential area for detailed exploration for rare earth elements,” researchers from the Geological Survey of India (GSI) have suggested in a report. Rare earth elements are a set of 17 chemicals, which occur naturally in trace quantities, but are industrially important because of their critical roles in various applications.

    Click here for the full article.

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