American Economy – A Sustainable Economy
A sustainable economy depends upon independence. America had been the #1 supplier of oil and gas in the world just a few short years ago. Unfortunately now, we have lost those bragging rights. Finding new ways of bringing back the independence we had and security provided through the control of our reliance on the production of our own products is important to the success of a country’s financial sustainability.
It is No Secret That America Has Given Away It’s Power of Manufacturing and recently lost its power over the oil and gas industry.
There is an opportunity for America to begin producing a product that is highly sought after, and the world is currently dependent upon for practically everything we do. From the automobiles we are driving to scheduling our daily activities online, without this, our world slows down and possibly could even stop.
Rare Earth Products are in everything we do in the twenty-first century and the need for more rare earth products only seems to be increasing. Fortunately, there is a business developer, with an eye toward the future. He has garnered the support of the state Comptroller’s office and is in the process of moving forward with future plans.
According to: NEW YORK, Dec. 16, 2019 /PRNewswire/ —
- “Wheat Ridge, Colorado pilot plant expected to be operational in Q1 2020
- Pilot plant will utilize proven continuous ion exchange/continuous ion chromatography (CIX/CIC) processing
- Round Top ore will be processed into fully separated high purity rare earths and include lithium, technology metals and industrial minerals
- Pilot plant will ultimately be moved to Texas and scaled to full industrial capability
- Active discussions with potential tolling customers currently being serviced in China“
USA Rare Earth LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project with Texas Mineral Resources Corp. (OTCQB: TMRC), is pleased to announce the opening of a pilot plant facility in Wheat Ridge, Colorado for the purpose of fully separating and purifying rare earth and other tech metals and critical minerals, leached from ore from the Round Top project, located just outside El Paso, Texas.
Aside from the significant concentration of heavy rare earths (HREE’s) and lithium, the Round Top deposit also includes uranium, beryllium, gallium, hafnium and zirconium – all of which are on the U.S. Government’s Critical Minerals List.
Pini Althaus, CEO of USA Rare Earth, commented, “Our Colorado pilot plant will be the first processing facility outside of China with the ability to separate the full range of rare earths – Lights, Mids and Heavies. Our Wheat Ridge pilot plant is the second piece of a 100% U.S.-based rare earth oxide supply chain, drawing on feedstock from our Round Top heavy rare earth and critical minerals deposit in southwest Texas. Taken together, Round Top and our pilot plant constitute essential links in restoring a domestic U.S. rare earth supply chain, extracting rare earths and processing them into individual REE oxides – without the material ever leaving the United States, thereby alleviating the current dependence on China for the both raw materials and mineral processing.
“Aside from Round Top’s potential to supply a significant amount of material for U.S. defense as well as commercial applications, we believe our initiative will reinvigorate advanced technology manufacturing in the U.S. and provide companies currently doing business overseas a viable alternative.”Quoted from PR Newswire
USA Rare Earths offers America an Opportunity to move away from dependence upon China for rare earths and provide the entire functionality required for America to produce rare earths completely through their own resources.
To continue the conversation, the following quote comes from Bluebonnet Magazine and gives us insight into the Texas Comptrollers’ Office support for the project.
“In 2023, the Mountain Pass operation no longer will be the sole rare earths mining operation. USA Rare Earth LLC, owner and operator of the Round Top Heavy Rare Earth, Lithium and Critical Minerals Project in Hudspeth County, Texas, together with joint venture partner Texas Mineral Resources Corp., is projected to begin mining 950 state-owned acres at the Round Top deposit in Sierra Blanca, Texas. USA Rare Earth has announced it will process rare earths onsite and projects the mine is likely to yield 16 or 17 rare earth elements and more than 300,000 metric tons of rare earth oxides. (One metric ton equates to 2,204.62 pounds.)
The company, which was part of the Comptroller’s October Good for Texas Tour focused on supply chains, expects to use a new, proprietary process to produce the materials in a safe and environmentally sensitive way. USA Rare Earth also has plans to make use of solar and wind power, where possible, to operate with minimal greenhouse gas emissions.
The company has acquired the neodymium permanent magnet manufacturing system, formerly owned and operated by Hitachi Metals in North Carolina, and the only commercial-scale system of its kind in the United States. USA Rare Earth is preparing to recommission the system for production, and once operational, plans to create a domestic supply chain that produces at least 2,000 tons annually of rare earth magnets.”
“Once we are fully operational, we will have a fully end-to-end domestic rare earths supply chain that will make our country and economy more secure,” says Director of Environmental Services & Sustainability Aleisha Knochenhauer with USA Rare Earth.
“We will be the first company not only to extract, which is the mining component, but to operate the processing side in the United States,” says Knochenhauer. “What makes us even more unique is we will be able to supply the entire supply chain by taking the material that we mine, processing [it] into rare earth oxides, and then creating the magnets that go into so many critical products.”
Knochenhauer says an end-to-end rare earths supply chain is key to true domestic security.
“The only way we’re ever going to be able to control our destiny is to really be able to develop and control the supply source. And if we do it domestically, so that it’s reliable and viable, then we control our destiny,” she says.
The following video will also give you more information.
Creating a stable, sustainable economy for the United States, is valuable resource for all of us living in the U.S. Changes are happening and supporting businesses like these can help to bring our country back to a future for the American people that offers promising potential for its inhabitants.
Sustainable Economy For America
Creating a sustainable economy in America is a business that offers job opportunities that will pay workers salaries that can create a financially stable home-life and ensure the future of the planet. As mentioned in one video, the mining industry does offer rewarding job options for workers.
Sustainability in America
America is a great place to live. We have a wonderful Constitution which protects our Unalienable Rights. Maintaining businesses with an eye toward the future and respect for our planet is appreciated. As we see businesses that understand the importance of working with businesses that have America’s success at the heart of the business, we can help America’s strength, by working for and purchasing American-produced products.