Leading Edge Materials and Ascension Earth Resources have entered a strategic partnership to evaluate the recovery of heavy rare earth elements from the eudialyte mineral at the Norra Kärr deposit. The collaboration focuses on advancing technologies and processes to efficiently extract these critical materials.
The joint effort aims to leverage both companies’ expertise to develop sustainable and economically viable methods for heavy rare earth element recovery. This initiative supports the growing demand for rare earths used in various high-tech and clean energy applications.
**Why this matters**
Heavy rare earth elements are essential components in the manufacture of electronics, electric vehicles, and renewable energy technologies. Developing domestic sources and improving extraction methods can reduce reliance on imports and enhance supply chain security. This partnership could contribute to more sustainable and efficient rare earth production.
Source: NewsData