IMT Discovers Major Ion-Adsorption Rare Earth Deposit in Utah with High-Grade Potential

Published: Dec 16, 2025 16:32

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[SMM Flash: Discovery of Ion-Adsorption Rare Earth Ore in Utah, US] Ion Mineral Technology (IMT) recently announced that its Silica Ridge project in Utah has confirmed the discovery of a halloysite-controlled ion-adsorption rare earth ore deposit, rich in rare earths and 16 critical metals including gallium, germanium, and lithium, potentially becoming "one of the largest deposits in North America." This deposit accounts for over 70% of global heavy rare earth resources, and its extraction efficiency is higher than that of traditional hard rock mines. IMT stated that the project has obtained mining permits, with complete supporting processing facilities, enabling rapid commercialization. Preliminary analysis shows that the rare earth grade reaches 0.27%, far exceeding the industry average, and only 11% of the area has been explored, indicating significant potential for resource expansion. Currently, a pre-feasibility study has been initiated and is expected to be completed in H1 2026. Citigroup is serving as the market advisor to support the project's advancement.

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