Medium and Heavy Rare Earth Ore Deposits Discovered in Yunnan and Guizhou

SHANGHAI, Mar. 23 (SMM) - Yunnan and Guizhou found new medium and heavy rare earth ore deposits during 2015-2016, rieti reported.

Yunnan discovered two rare earth prospecting targets, with rare earth oxide reserves of 120,000 tonnes. A medium rare earth deposit with rare earth metal reserves nearly 100,000 tonnes was founded in Guizhou.

China controlled annual rare earth ore mining quotas at 105,000 tonnes in recent years, with nearly 20% for medium and heavy rare earth ores. These ores will be completely explored in over 10 years. 

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