🔁Mario Nawfal:
🇰🇿 KAZAKHSTAN UNCOVERS 20 MILLION TON RARE EARTH DEPOSIT—GLOBAL SUPPLY SHAKEUP AHEAD?
Kazakh geologists have found a massive rare earth metal deposit at the Zhana Kazakhstan site, with estimated reserves of over 20 million metric tons, potentially placing the country third globally behind China and Brazil.
Located 420 km from the capital, the deposit boasts neodymium, cerium, lanthanum, and yttrium—key elements for tech and green energy—at an average of 700 grams per ton, buried up to 300 meters deep.
Kazakhstan, previously off the rare earth radar, could now challenge China’s dominance, which controls 60% of global production, but questions linger about who will develop the site and how soon.
With global demand for rare earths soaring, this find could shift the balance—yet Kazakhstan’s lack of extraction tech and the West’s push to diversify supply chains might complicate its rise.
Sources: Reuters
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🇰🇿 KAZAKHSTAN UNCOVERS 20 MILLION TON RARE EARTH DEPOSIT—GLOBAL SUPPLY SHAKEUP AHEAD?
Kazakh geologists have found a massive rare earth metal deposit at the Zhana Kazakhstan site, with estimated reserves of over 20 million metric tons, potentially placing the country third globally behind China and Brazil.
Located 420 km from the capital, the deposit boasts neodymium, cerium, lanthanum, and yttrium—key elements for tech and green energy—at an average of 700 grams per ton, buried up to 300 meters deep.
Kazakhstan, previously off the rare earth radar, could now challenge China’s dominance, which controls 60% of global production, but questions linger about who will develop the site and how soon.
With global demand for rare earths soaring, this find could shift the balance—yet Kazakhstan’s lack of extraction tech and the West’s push to diversify supply chains might complicate its rise.
Sources: Reuters
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
2 days ago
