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Why building a rare earth mine is such a high hurdle

Why building a rare earth mine is such a high hurdle

FromKitco NEWS Roundtable


Why building a rare earth mine is such a high hurdle

FromKitco NEWS Roundtable

ratings:
Length:
49 minutes
Released:
Aug 7, 2021
Format:
Podcast episode

Description

Processing rare earth ore has a huge hurdle for most projects, said the CEO and president of Geomega Resource, Kiril Mugerman. On Friday Mugerman recorded Kitco Roundtable podcast with Mining Audiences Manager Michael McCrae, Kitco correspondent Paul Harris and editor Neils Christensen.Geomega is investing in recycling processes to recover rare earth waste. Mugerman was asked why it is so difficult to build a rare earth mine.  "Separating [rare earth] is very hard. There is uranium and thorium included, so you need to get rid of those. You're dealing with fairly low grades. If you want to produce something you have to produce huge amounts of waste [with] very large tailings facilities," said Mugerman. 
Released:
Aug 7, 2021
Format:
Podcast episode

Titles in the series (100)

Join Kitco Kitco correspondent Paul Harris and mining audiences manager Michael McCrae who highlight the biggest news in precious metals and mining.