Mexico plans to develop domestic rare earths industry

By Antonio Torrisi
Published: Tuesday, 15 July 2014

Mexican universities, research centres and government institutions are showing interest in exploring large rare earths resources in the country. Collaboration with South Korean companies is likely to speed up the development of a domestic supply chain in the Latin American country.

Mining group Grupo Mexico SA de CV is considering the possibility of producing rare earths from Mexican deposits, as researchers from universities in Mexico have shown the presence of economically viable reserves in the states of Sonora, Chihuahua, Oaxaca and Chiapas.

Scientists estimated concentrations in Oaxaca varying between 10% and...

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