Tag: Mining

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Challenging China in Rare Earth Mining

The New York Times reports from California’s Molycorp Minerals rare earth mine, which is preparing to reopen as a challenge to China’s monopoly of the industry:The chasm, in Mountain Pass, California — 400 feet, or 120 meters, deep — used to be the world’s main mine for rare-earth elements, minerals crucial to military hardware and the latest wind turbines and hybrid gasoline-electric