Large Deposits of Rare Metals Discovered in ChinaBeijing, 19 Jan (ONA) — The China Geological Survey (CGS)
announced the discovery of a large rare earth deposit in southwest
China’s Yunnan Province, with potential resources of 1.15 million
tonnes.
Critical rare earth elements such as praseodymium, neodymium,
dysprosium, and terbium exceed 470,000 tonnes in this newly
discovered deposit, said the CGS.
The deposit is a super-large ion-adsorption type of rare earth,
marking another significant breakthrough in China since the first
such discovery in east China’s Jiangxi Province in 1969, it added.
The new discovery contains key metals for the development of
high-tech industries, and is of great significance to consolidate
China’s rare earth resource advantages and improve the rare earth
industrial chain, the CGS said.— Ends/Khalid
