Kazakhstan says it has discovered 20-million-tonne rare earth metals deposit

Kazakh geologists have discovered a rare earth metal deposit with estimated resources of more than 20 million metric tons at a depth of up to 300 metres, the country’s industry and construction ministry said in a statement on Wednesday.
Kazakhstan does not currently feature in the US Geological Survey’s list of countries by rare earth metal deposits. If confirmed, the deposit would place Kazakhstan behind only China and Brazil by size of reserves.
In a statement on Telegram, the ministry said that the Zhana Kazakhstan site, which is 420 km (261 miles) from the country’s capital, contained neodymium, cerium, lanthanum and yttrium, and that its average rare earth metal content is 700 grams per ton.
It did not specify which companies may develop the site, or when.
(By Mariya Gordeyeva and Felix Light; Editing by Louise Heavens)
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2 Comments
j Dustin Sommers
Well this is very important and interesting if it is really true and not some type of um how do I put it, yes if true and not propaganda due to the tariff currently set in place…as a geologist I would truly appreciate more information on this…as soon as possible… much thanks and enjoy your weekend…
Йохан
Oh, may be Kazakhstan is now threat to National security of US 😂