14 Magmatic Rare Earth Element Ore Deposits and Minerals for the Future
Wednesday, 15 May 2024
1:30 PM - 5:30 PM
Birch Ballroom
MOUNTAIN PASS, CALIFORNIA FROM GOLD TO RARE EARTHS
Paper number: 14-6
Program: Theme Sessions
Time: 2:50 PM – 3:10 PM
Authors
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Alan LevyChino Hills, CA
Abstract
As late as the mid-1980’s, Mountain Pass led the world in rare earth production and innovation. This leadership was wrested from Molycorp by Chinese national interests using their own rare earth carbonatite orebody (Bayan Obo) and by acquiring western technology. Mountain Pass is now owned by MP Materials (NYSE:MP). The Mountain Pass mine in California is one of the only locations extracting rare earth elements (REE) in the U.S. The economics of rare earth production by MP Materials is still affected by Chinese interests and competition. Bastnasite concentrate was and continues to be shipped to a Chinese company (Shenghe) on a non-exclusive basis. Production of separated rare earths is now beginning.
Geological Society of America Abstracts with Programs. Vol. 56, No. 4
doi: 10.1130/abs/2024CD-399343
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