Rare earth mine halted for UN investigation

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In an effort to upend China’s 90% monopoly on the rare-earth mineral market, Malaysia is hoping to build a rare-earth mine in Pahang.  However, construction has been suspended while a UN panel investigates potential radioactive pollution.  The team from the International Atomic Energy Agency will conduct an investigation and interview officials, activists, and residents before forming their opinion.

Rare-earth materials are used in the high tech and weapons industries.  Examples include hybrid car batteries, weapons guidance systems and mobile phones.  This mine is set to be run by an Australian company, Lynas, as new sites all over the world are being considered for alternatives to China. The USA, Canada, Brazil and Australia are all hoping to increase their outputs.

 

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Reading Time: 1 minute

In an effort to upend China’s 90% monopoly on the rare-earth mineral market, Malaysia is hoping to build a rare-earth mine in Pahang.  However, construction has been suspended while a UN panel investigates potential radioactive pollution.  The team from the International Atomic Energy Agency will conduct an investigation and interview officials, activists, and residents before forming their opinion.

Reading Time: 1 minute

In an effort to upend China’s 90% monopoly on the rare-earth mineral market, Malaysia is hoping to build a rare-earth mine in Pahang.  However, construction has been suspended while a UN panel investigates potential radioactive pollution.  The team from the International Atomic Energy Agency will conduct an investigation and interview officials, activists, and residents before forming their opinion.

Rare-earth materials are used in the high tech and weapons industries.  Examples include hybrid car batteries, weapons guidance systems and mobile phones.  This mine is set to be run by an Australian company, Lynas, as new sites all over the world are being considered for alternatives to China. The USA, Canada, Brazil and Australia are all hoping to increase their outputs.

 

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