A mining company from Utah claims to have discovered a massive deposit of rare earths and other critical metals, describing it as potentially "one of the largest deposits in North America discovered to date."
Ionic Mineral Technologies (IMT) announced last week that sample analysis from its Silicon Ridge project in Utah confirmed it as a halloysite-controlled ion-adsorption deposit, which is easier to extract compared to traditional "hard-rock" lithium ore.
The company stated that ion-adsorption rare earth deposits account for over 70% of the world's heavy rare earth resources. Additionally, the deposit is not only rich in rare earths but also contains gallium, germanium, rubidium, cesium, scandium, lithium, vanadium, tungsten, and niobium.
