CHILE MINING AND RARE EARTH ELEMENTS
Location
Chile
Security Theme
Strategic Competition
Keywords
Critical Minerals, Chile, Mining, Rare Earth Elements, Tailings Deposits, Geochemical Studies, Electric Vehicles, Renewable Energy, Copper, Gold, Sernageomin, Tailing Deposits, Ore Grade, Concession Opportunities, EcoMetales, Codelco, Corfo, Iron Ore Mining, University of Chile, Secondary Mining Equipment, Poly-metallic Mining, Adaptation, Reagent Suppliers, Laboratories, Environmental Consulting, Technical Training.
Description
Chile's extensive mining tailings, predominantly from copper and gold extraction, are recognized for their untapped reservoirs of rare earth elements (REEs). With over 757 deposits and an annual production of 600 million tons, preliminary data suggests an average REE concentration of at least 0.01%. Companies are presented with concession opportunities for processing minerals from these tailings, with initiatives like EcoMetales partnering on recovery projects. As the industry pivots towards REEs, collaboration between mining entities, academia, and research centers is crucial for developing specialized equipment. The transition also demands adaptation from traditional mining practices, affecting sectors such as reagent suppliers, laboratories, and environmental consulting firms.
CHILE MINING AND RARE EARTH ELEMENTS
Chile
Chile's extensive mining tailings, predominantly from copper and gold extraction, are recognized for their untapped reservoirs of rare earth elements (REEs). With over 757 deposits and an annual production of 600 million tons, preliminary data suggests an average REE concentration of at least 0.01%. Companies are presented with concession opportunities for processing minerals from these tailings, with initiatives like EcoMetales partnering on recovery projects. As the industry pivots towards REEs, collaboration between mining entities, academia, and research centers is crucial for developing specialized equipment. The transition also demands adaptation from traditional mining practices, affecting sectors such as reagent suppliers, laboratories, and environmental consulting firms.