Abstract Following the discovery of rare earths by Japanese scientists on the seabed, recently, the news that the Tomtor rare earth mine in the Russian Far East is about to be mined is overseas, which is expected to become the world's largest rare earth mining area. According to Russian media reports, the Russian giant ICT Group cooperates with Russian state-owned...
Following the discovery of rare earths by Japanese scientists on the seabed, recently, overseas news of the Tomtor rare earth mine in the Russian Far East is about to be mined, which is expected to become the world's largest rare earth mine. According to Russian media reports, the Russian giant ICT Group and Russia's state-owned Rostec Corporation contributed $1 billion to promote the investment and development of the Tomtor rare earth mine, one of the world's largest reserves of rare earth resources. The Tomtor rare earth mine covers an area of ​​250 square kilometers and is located in the Yakutia region of Russia. It has about 150 million tons of rare earth reserves, including strontium, strontium oxide, strontium and barium. The industry believes that this is a landmark event that may break the future of China's unique situation in the rare earth market.
Since last year, overseas rare earth mines have resumed production, and the global rare earth supply pattern is quietly changing. It is reported that the US Mount Pas mine has been re-produced. The mine is the world's largest single fluorocarbon strontium rare earth ore with a rare earth grade of 5% to 10% and proven reserves of 1.47 million tons. The Welde Mountain mine in Australia has also been put into operation last year. The mine has a high grade with proven reserves of 1.4 million tons and a projected reserve of over 6 million tons.
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