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About the Company
About the Company
Atalaya I
Atalaya I
Atalaya II
Atalaya II
Río Manzanas
Río Manzanas
Cherry Mountain
Cherry Mountain
Annexes
Annexes
Rare Earth Elements
Rare Earth Elements (REEs) are a group of 17 chemically similar metallic elements, consisting of the 15 lanthanides plus scandium and yttrium. Despite their name, most REEs are relatively abundant in the Earth's crust, but they are typically dispersed and not often found in economically exploitable concentrations.
One of the most significant properties of REEs is their unique magnetic, luminescent, and electrochemical properties. These characteristics make them essential in many modern technologies, including renewable energy systems, electronics, and advanced materials.
Another important aspect of REEs is their role in clean energy technologies. They are crucial components in the production of wind turbines, electric vehicles, and energy-efficient lighting. For example, neodymium and praseodymium are used to create powerful permanent magnets essential for electric motors and wind turbine generators.
REEs are also critical in the electronics industry. They are used in the production of smartphones, computer hard drives, flat-screen televisions, and other consumer electronics. For instance, europium and terbium are used to produce the red and green colors in LED screens.
The most common method for producing REEs involves mining, concentration, separation, and refining. The process begins with the extraction of REE-bearing minerals such as bastnäsite, monazite, and xenotime from ore deposits. These minerals then undergo physical separation processes to concentrate the REE content.
In the separation and refining stage, the concentrated REE minerals are treated with various chemical processes to isolate individual rare earth elements. This typically involves a combination of acid leaching, solvent extraction, and ion exchange techniques. The complexity of this process is due to the chemical similarity of the REEs, making their separation challenging and costly.
China has dominated the global REE production and processing for decades, accounting for over 80% of the world's supply. This has led to concerns about supply chain vulnerabilities and efforts by other countries to develop their own REE resources and processing capabilities.
The environmental impact of REE mining and processing is a significant concern. The extraction process can lead to soil and water pollution if not properly managed. Additionally, some REE deposits contain radioactive elements like thorium and uranium, which require special handling and disposal procedures.
Recycling of REEs from end-of-life products is an emerging field aimed at reducing reliance on primary mining and mitigating environmental impacts. However, current recycling rates remain low due to technical challenges and economic factors.