million mt? Is that million megatons? And which rare earth elements are they?
See pages 14 and 15 of this presentation: https://mric.jogmec.go.jp/wp-content/uploads/2019/03/seminar... It's mostly light rare earth elements. Over half of it is cerium and most of the rest is lanthanum. Most of the economic value is in the elements that are not cerium or lanthanum. It appears to have about the same proportion of neodymium and praseodymium (valuable light rare earth elements used in magnets) as the…
Turkey Discovers 694M Mt of Rare Earth Element Reserves
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Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#12Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#13Earlier quoted context omitted.
Wouldn't it be 694 million metric tonnes? I million megatons is a hell of a lot.
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Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#14Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#15Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#16I wonder if today's metal future prices crashed for this reason.
Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#17million mt? Is that million megatons? And which rare earth elements are they?
See pages 14 and 15 of this presentation: https://mric.jogmec.go.jp/wp-content/uploads/2019/03/seminar... It's mostly light rare earth elements. Over half of it is cerium and most of the rest is lanthanum. Most of the economic value is in the elements that are not cerium or lanthanum. It appears to have about the same proportion of neodymium and praseodymium (valuable light rare earth elements used in magnets) as the…
Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#18Turkey is in EU/NATO, but I question the relationship given Erdogan. My naive assessment is he is now "elected" for life by force. No idea if my perception is correct, but given their strategic geographical importance and this as well, It'd be a damn shame if democracy there disappeared.
Re: Turkey Discovers 694M Mt of Rare Earth Element Reserves
#19Turkey is in EU/NATO, but I question the relationship given Erdogan. My naive assessment is he is now "elected" for life by force. No idea if my perception is correct, but given their strategic geographical importance and this as well, It'd be a damn shame if democracy there disappeared.