Operations

Rare optimism in rare earthsWith geopolitics and green energy spurring demand in rare earth elements, project developers are forging ahead after a dismal decade

With geopolitics and green energy spurring demand in rare earth elements, project developers are forging ahead after a dismal decade

By Herb Mathisen

May 12, 2021

At its Ashram site in Nunavik, Commerce Resources Corp. employees study core samples for signs of rare earth elements (REEs) and fluorspar. Courtesy of Commerce Resources Corp.

Over the last two years, world events and clean-energy advances have brought some much-needed life into the rare earth element (REE) market. As a trade war flared up between the United States and China in 2019, governments and tech manufacturers got serious about securing a reliable supply of REEs from outside of China, which dominates these markets.

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