Mexico and the rare earth researches
Mexico explores rare earth deposits
Mp3, cellphones, energy savers, wind turbines and even the hybrid cars have something in common; all of them have inside of their mechanism little chemical components that allow them to work with the minimum energy. These elements are known as rare earth.
In the future we will hear so much about rear earth. These are 17 metals belonging to the lanthanides group, because their electronic, electric, and magnetic properties, they are used at new technology researches.
Scientifics have named rear earth because these elements are present just in few places in the world and because their complicated exploitation process. Rare earth has a light weight and its contaminant emissions is so low that has been used as key element of clean energy development, improving efficient, size and even the speed of new technologies.
At this moment the market of rare earth is dominated by Asia, the 97% of the exportations are made by China follow by India, Brazil and Malaysia. Because of this situation the prices of this elemental product has reach prices over the 50,000 dollars, an increment between the 200 and 600%.
To open the market, countries as United States have decided to get into the rare earth business, Mexico has opted for research. With the help of international institutions from Chile, Korea and France, Mexican scientists have started the investigations to localize rare earth deposits in the country.
The Mining Development Program 2013-2018 of the Ministry of Economy has contemplated into its budget resources for the investigation of rare earth in Mexico, until know geologist think that Tamaulipas, Oaxaca and some areas of Sonora can be ideal for rare earth deposits.
The intention of the Mexican Geological Survey is not a commercial one; it’s to find rare earth deposits to rise the investigation of clean technologies in Mexico, a field that is getting bigger because of the importance for other key industries as the automobile one.
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