SOUTH AFRICAN RARE EARTHS DEPOSITS BEING EYED FOR EXPLOITATION
July 1st, 2012
BY BILL CORCORAN, IN CAPE TOWN
SOUTH Africa has deposits of rare earth elements (REEs) to rival that of Australia, and the country is poised to take advantage of this increasingly strategic resource, according to Mintek, the government's mineral technology organisation.
The most recent US Geological Survey report on worldwide rare earth mineral reserves estimates that South Africa has around one million tonnes of these minerals, compared to the five million tonnes potential Australia is said to have.
However, Mintek general manager for business ...
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