2.34 billion metric tons of rare earth minerals found in Wyoming

[batteryroot]

Great news on the raw materials front, it appears we keep finding more of it domestically here in the USA. American Rare Earths, based in Wyoming, has unearthed a substantial reserve of rare earth minerals near Wheatland. Surpassing initial projections by an impressive 64%, this discovery positions the company to potentially lead the global market in rare earth production. These minerals are vital components for various green technologies such as electric vehicles and wind turbines. American Rare Earths intends to establish mining operations on state-owned land, prioritizing flexibility to adapt to fluctuating market demands. With the estimated value of the minerals reaching into the billions, American Rare Earths aims to assert its dominance in the worldwide rare earth market. Other companies are also exploring similar deposits in Wyoming, hinting at a promising economic future for the region.
Cowboy State Daily: Rare Earths Discovery Near Wheatland So Big It Could Be World Leader

 

[batteryroot]

this might be on the wrong thread, I dont know how to more or delete. sorry. I thought it was a big story, hasn't hit national media yet.

 

[Hillhater]

Many of these type of “huge discovery” press releases are overhyped to boost investment revenue and/or stock price.
Wait to see if anything significant pans out in the near future.

 

[neptronix]

What's interesting is that they're finding lithium all over the damn place lately and now we're verging on a glut..

Cheaper batteries coming..