The rush to develop rare earths production in North America has continued over the last month as several exploration groups announce progress in developing deposits.
China’s decision to restrict exports of rare earths has sparked fears of a supply crisis elsewhere, causing a rush to find mineable reserves in sparsely population regions of Canada and Alaska.
Rare Element Resources Ltd has acquired a rare earths property in Labrador, eastern Canada from Altius Resources Inc.
The site, which is located 50km from the town...