Global demand for rare earth metals is predicted to reach 205,000 tons by 2015.
Austin, TX. (PRWEB) February 28, 2012
The Mojave desert mine could be a game changer for the rare earth minerals sector, the Absolute Wealth newsletter explains in the “Rare Earth Stocks In The U.S. Are Going To Explode When The Mojave Desert Mine Re-Opens” article they published today.
The deep pit located in the Mojave desert may hold the key to the U.S. moving into the rare earth minerals sector, the Absolute Wealth newsletter revealed today, and causing rare earth stocks in the U.S. to soar. The Absolute Wealth newsletter goes on to say, that China has had the rare earth minerals sector tied up by providing over 90% of the worlds supply. With recent developments showing that China is most likely going to halt exportation of rare earth minerals to use within their own country for production of some of the worlds highest demand products, the Absolute Wealth newsletter explains that the U.S. would be hanging over a barrel.
The Absolute Wealth newsletter reveals that the Mojave desert mine currently holds one of the largest rare earth mineral deposits outside of China. The newsletter goes on to say, that the mine was shut down almost a decade ago, however, the owners have finally secured approval to start operations again in the near future.
Americans are concerned, today’s Absolute Wealth newsletter reports, that without the mine the U.S. will lose control over the production of many of the new technologies, including smart phones, and green energy products, like electric cars, and wind turbines, along with a host of other products that have been recently developed around new technologies. The Absolute Wealth newsletter explains that global demand for rare earth metals is predicted to reach 205,000 tons by 2015, which would result in skyrocketing [ rare earth minerals stocks.
Companies are looking at alternatives to using rare earth’s in the production of some of these new technology products, the Absolute Wealth newsletter reveals, or at least reducing the amount they use in production, along with working on recovery and recycling measures.
The Absolute Wealth newsletter adds, the U.S. mine in the Mojave desert used to play an important role in technology in the 1960’s, by producing europium, which provided the bright red tones in the new color televisions. Whatever happens, when considering investing in rare earths, it is a good idea to keep an eye on the rare earth stocks in the U.S.