The Chilean Minister of Mining, Baldo Prokurica, visited the Biobío Region last week in order to see historic sites of the mining sector, such as the coal mines of Curanilahue, in addition to sharing with authorities, students and local entrepreneurs.
During his stay in the city of Concepcion, the Secretary of State referred to one of the most innovative projects in the area, BioLantanidos, the first in Chile dedicated to the development of the Rare Earth industry.
“At the regional level, the mining minister recognized his interest in BioLantanidos Project (of rare earths in Penco), ‘because in all technological innovation these are indispensable’“, he said in conversation with local newspaper Diario El Sur.
In an interview with the regional Chilean channel TVU, he added: “We believe that there are possibilities with Rare Earths, which is a very scarce element in the world, where there is a potential in this very important region”.
BioLantanidos Project, which is currently in the process of Environmental Assessment, considers the exploration and development of metals of the Lanthanides group, highly scarce worldwide and essential in the manufacture of electric vehicles, smartphones and other high technology products.