Nebraskan Village Hides World's Largest REE Mineral Deposits

Source: geek.com, Matthew Humphriesáá(8/5/11)

"Initial discovery drilling has returned positive results for a rich vein of niobium, used in steel production, superalloys, and superconducting magnets to name a few uses."


geek.com, Matthew Humphries

niobium

Rare earth minerals are very important to geeks. These expensive and difficult to mine materials are used in some of the most popular gadgets on the market today. If you own a TV, laptop, or any of the latest handheld gadgets such as a tablet or smartphone, chances are there is some rare earth component included in the manufacturing process.

The 112 people living in Elk Creek are understandably very happy about this discovery as it has brought new investment to their village. Initial discovery drilling by Quantum Rare Earths Developments Corp. has returned positive results for a rich vein of rare earth minerals and niobiumľused in steel production, superalloys, and superconducting magnets to name but a few uses.

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