Nearly 700 million tons of rare earth element reserves!Here is a big discovery!Enough for 1,000 years?

Author:CCTV Finance Time:2022.07.05

The Ministry of Energy and Natural Resources of Turkey recently released news on its official website that 694 million tons of rare earth elements were discovered in the Beylikova region of Eskiehir, Turkey. Turkish Minister of Energy and Natural Resources Fathe said that the drilling work began in 2011. After fully analyzing the collected samples, it was discovered that 694 million tons of rare earth elements were discovered. Fitti revealed that after the completion of the relevant R & D work, it is expected to start the construction of industrial facilities within the year, and the ultimate goal is to produce high value -added products.

According to local media reports, Mei Jing Chekinqi, a member of the board of directors of Istanbul Minerals and Metal Export Merchants Association, said that Turkey's rare earth reserves can meet the world's demand for 1,000 years. After processing, it can bring billions of dollars to Turkey.

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Source: CCTV News Client

Produced: Ke Chengyun

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