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De Omnibus Dubitandum - Lux Veritas

Saturday, April 6, 2013

Too Strict Regulations Could Doom U.S. Rare Earths Mining


With economic and military demand likely to grow in the next few years, the United States must reform its mine permit process and safety regulations to get to the vast underground store of rare earths materials that could drive growth, add jobs and bring revenues to state budgets, according to a new study from the National Center for Policy Analysis (NCPA).

"Rare earths and rare earth mining are crucial to modern life, providing critical components of everything from iPhones to computers, medical CAT scans, defense equipment, wind turbines and other forms of green energy. Yet, the United States depends on other countries, some of which are not very friendly, for these elements, importing more than 96 percent of its rare earths," said NCPA Adjunct Fellow Tom Tanton….To Read More….. 

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