Posted On: 01/24/2014 8:53:48 AM
Post# of 12207
$SLIO ~ U.S. rare earth metal extraction rates have fallen to almost nothing, causing an unnecessarily expensive inflation in prices.
U.S. Production Status
There are currently no active Rare Earth mines in the United States.
The United States has two permitted world class rare earth mines.
The recent financial collapse caused banks to withdraw funding for one project and eliminated funding prospects for the other.
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