On monday the prestigious chilean newspaper El Mercurio published in the supplement “Economy and Business” an article on the Lanthanides, and how these attractive elements reached worldwide importance.
In the article, the national media commented briefly how the so-called “Rare Earths” became indispensable in today’s life, being used in strategic industries such as electronics, computers and energy, among others.
“They are found in all cell phones and virtually all computer products, so its economic potential is very large (…) they have remarkable properties that have become indispensable for electronics, technology, renewable energy industry and to the manufacture of weapons and military equipment”, said the newspaper.
In this context, El Mercurio highlighted the work of Minera BioLantanidos on the subject: “(The Lanthanides) are found in all the earth, but it is a problem to find them in concentrations that make extraction viable. That’s why it was a surprise that there were exploitable veins in Chile. Specifically in the commune of Penco, where Minera BioLantanidos is exploring since two and a half years”.
The newspaper also highlighted the words of the Project Manager of the mining, Arturo Albornoz, who stated that they seek to become a company that develops and sells technology, which will enable the country to become a hub of innovation at the highest level.
Finally, El Mercurio said “The project even has support from the local municipality” and has more than $20 million from the government’s “Phoenix” program, to investigate the “Rare Earths”.
SOURCE: El Mercurio.