01.10.2014 - Russia is making a comeback on the global rare earth metals market
In the next three years, the Urals will launch production using new technology to extract rare earth metals from uranium ore. Scientists expect the project to help Russia return to a market that not so long ago was completely dominated by China. Scientists from the Ural Federal University have developed a unique technology to extract rare earth metals from uranium ore. Their scientific acumen lies in the creation of a sorbent that makes the extraction possible. Pilot production will be set up using this technology in the near future. According to the scientists, this will slash the Russian market’s need for rare earth metals by a third, reduce the dependence of many industrial sectors on imports and put pressure on China, which has a monopoly on the world rare earth metals market...............................................Full Article: Source
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