This article makes the new deposit appear richer than it is. 1 million tons of rare earth oxide is 3% of the amount found in large deposits. We also don't know the grade of the deposit. Is it 1%, it may never be commercial. 3%, maybe. 7 % definitely. And we don't know the distribution among the elements. Cerium sells for $19 a kilogram. Dysprosium sells for $660/kg.As the energy transfer takes place the Times is going to need reporters who understand mining.

This article makes the new deposit appear richer than it is. 1 million tons of rare earth oxide is 3% of the amount found in large deposits. We also don't know the grade of the deposit. Is it 1%, it may never be commercial. 3%, maybe. 7 % definitely. And we don't know the distribution among the elements. Cerium sells for $19 a kilogram. Dysprosium sells for $660/kg.As the energy transfer takes place the Times is going to need reporters who understand mining.

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