Resources host Daniel Raimi talks with Jordy Lee, a senior research associate at the Payne Institute for Public Policy at the Colorado School of Mines.
Lee closely studies rare earth minerals, a group of 17 chemically similar elements that are durable, have a variety of modern uses, and are essential components of many renewable technologies.
Lee expands on why the costs and environmental impacts make mining rare earths a challenging proposition, and how China has come to dominate the market in a way that other nations may struggle to replicate.
Pensana Rare Earths plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The company is looking to establish the world’s first fully sustainable magnet metal rare earth oxide producer at the Saltend Chemicals Park in the Humber Local Enterprise Partnership Yorkshire, UK.