Malaysia Gives green light to the Rare Earths plant
But ITS name, Rare Earths, does not really describe Exactly what this product is useful and highly Demanded.
However, it's something West Australians are about to hear a lot more about, with mining company Lynas Corporation Given the green light to export Rare Earths from the Goldfields to Malaysia.
What's so rare about rare earth?
Rare Earths are made up of 17 different chemical elements.lettore mp3 They are all mined and Grouped together as one product but are then separated into individual components.
"The name kind of says it," says Anthony O'Brien from Radiation Professionals consulting company.
"They are fairly rare minerals and They Are Generally Used for Specialised things fairly."
The 17 elements are used in a vast number of products.
For example Lanthanum is silvery white metallic element in Which Can Be Used to make glass and to store hydrogen, while thulium, a metal with a bright silver-gray luster, is used to make portable X-ray machines.
Currently, most of the world's rare earth is mined in China. But approval by the Atomic Energy Licensing Board Malaysia, means-Australian miner Lynas can now build the ITS processing plant there, Allowing it to process the rare earth mined in Western Australia.
Its site at Mount Weld, south of Laverton in the Goldfields,lettori mp3 is predicted to produce about 24 million tonnes of Rare Earths.
"We think the [Malaysian] government's done a very Thorough and diligent job in Determining the safety of this operation," says Lynas executive chairman Nick Curtis....