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USA Rare Earth and its joint venture partner Texas Mineral Resources Corp. (OTCQB: TMRC), developers of the Round Top heavy rare earth and critical materials mining project in southwest Texas, are poised to end the United States’ dependency on China for its supply of rare earth metals and other critical materials.
Rare earth elements (REEs) are essential for military hardware, such as satellites, aircraft engines, glass, photonics and lasers and for mobile and many electronic devices, LED displays, green energy applications like electric vehicles and wind turbines. Located 80 miles southeast of El Paso, Round Top Mountain hosts 15 of the 17 rare earth elements, all accessible through above-ground, “open pit” mining and other well-established mining techniques.
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