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By Rose Ragsdale
For Mining News 

REE project could see output in 2020

Exploration for rare earths in Far North still lags rest of Canada North of 60 Mining News – July 1, 2019

 

Last updated 9/25/2020 at 5:09pm

magnet rare earth elements REE neodymium and praseodymium

Avalon Advanced Materials Inc.

An employee of Foraco empties the core tube from drilling the rare earth-enriched deposits at Avalon Advanced Materials' Nechalacho project in Northwest Territories.

Canada is one of the world's richest sources of raw commodities, not least of which are the so-called rare earth elements. While China currently dominates global production and hosts some 35 percent of the world's known resources, observers believe Canada is endowed with world-class rare earths deposits, which could account for as much as 40-50 percent of the world's REE reserves.

Demand for r...



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