North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Rose Ragsdale
For Mining News 

REE venture offers benefits near and far

Underground mine, processing plant south of Yellowknife could deliver strategic minerals to world markets, much-needed jobs in NWT

 

Last updated 3/25/2012 at Noon



Avalon Rare Metals Inc. is working to capitalize on the jump it believes it has on competitors. The would-be producer of rare earth elements told investors recently that none of the other companies currently pursuing development of REE mining projects will have all of the highly desirable heavy rare earths ready to market by 2015-2016.

Currently, China produces some 95 percent of the world's R...



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