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With the right processing technologies, Australia could become an important supplier of rare earth elements given its geological endowment. While not especially rare and not really earths, there is no doubting the difficulties in mining and processing the rare earth group of metals, or their importance to the global economy.
Rare earth metal mining operations and processing outside of China showed a shrinking bottom line as profit opportunities dried up when mining companies faced the option of selling at or near the prices ushered in by China or ceasing operations altogether.
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Why rareearth mining in the West is a bust Forget the hype. In the global rush for energycritical elements, our region can't compete.
Huge quantities of coal combustion ash are stored globally. Credit: Brian Stansberry Strategic materials such as rare earths are playing an increasingly vital role in the development of sustainable technologies such as wind and solar power generation.
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The issue over China's rare earth exports policy went global in 2009 and 2010 when the country implemented stringent export quotas, choking off much of the supply of rare earth elements and their byproducts to technology companies and hightech manufacturers around the world.
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Chemical processing plants at Molycorp's Mountain Pass mine take rare earth ore and prepare it for separation into individual rare earth elements. Photo courtesy of Molycorp By Scott Deveau and Kiel Porter | Bloomberg News
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This is when solid particles stick to one another, and while this is an undesirable feature in many powder and particle processing operations, it is essential for the successful sintering of iron ore fines, coke and fluxes into a suitable blast furnace feed.
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In addition, the combustion process results in the enrichment of metal concentrations in the coal ash wastes, often several times the concentration found in raw coals. While, under certain conditions, some metals may leach from coal ash wastes (, As, B, Se), many strategic metals remain bound to the waste ash.
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Apr 22, 2010 · But with the exception of Molycorp and Lynas Corporation, an Australian company, most of the companies lack environmental permits and mineral processing equipment, much less the experience to handle safely the radioactive thorium and uranium that almost always contaminate rare earth ore.
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