China discovers a 1.15M-ton rare earth deposit in Yunnan, including 470K tons of key REEs like neodymium, marking its largest medium-heavy rare earth find.
China has discovered a new rare earth deposit in Honghe, Yunnan province, with potential resources of 1.15 million metric tons.
The China Geological Survey under the Ministry of Natural Resources said in a news release that the deposit is a source of critical rare earth elements (REE) such as praseodymium, neodymium, dysprosium and terbium exceed 470,000 tons in this newly discovered rare earth deposit.
The newly discovered deposit is “a super-large ion-adsorption type of rare earth, marking another significant breakthrough in China since the first such discovery in Jiangxi province in 1969.” Ion-adsorption rare earth ore is a mineral deposit where RREs are naturally concentrated and absorbed onto the surfaces of clay minerals.
The deposit is expected to become China's largest medium to heavy rare earth mine.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
Welcome to our live coverage as the conflict involving Iran enters its 11th day. Tensions in the region remain high as the United States and Iran exchange increasingly sharp warnings over the strategic Strait of Hormuz, a critical artery for global oil supplies.
U.S. President Donald Trump and UK Prime Minister Keir Starmer spoke by phone on Sunday as tensions between Washington and Westminster deepened over the conflict involving Iran. The call came less than a day after Trump criticised Britain’s response to U.S. strikes on Iranian targets.
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