Sunday, July 21, 2013

Kenya on the verge of breaking China's dominance on rare earth metals

Kenya is on the cusp of becoming a direct competitor to China as a major producer of rare earth minerals.

Mineral explorer Cortec has announced that it has discovered rare earth deposits and niobium - used to strengthen steel, worth US$ 100 billion in the country's coastal area.

Rare earth elements are used in the manufacture of high tech electronic products such as specialized miniature nuclear batteries; laser repeaters; super conductors and high power magnets for lightweight

More details here...

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