Recent drilling results from the Korsnäs rare earth project in Finland are drawing attention to Europe’s geological potential in critical minerals, but they also highlight a deeper challenge for the continent: the lack of domestic processing capacity
Exploration company European Resources reported its strongest rare earth intercept to date at the project, including a 31 5-metre interval averaging 4,902 parts per million total rare earth oxides (TREO) The mineralisation also contains a relatively high proportion of neodymium and praseodymium (NdPr), accounting for roughly 28–30% of the rare earth mix
While encouraging, the results represent only an early stage of resource development
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Source and Credit: mining.com
