U.S. finds $8.4 billion in rare earths sitting in coal ash landfills
Rare earth elements valued at approximately $8 billion were discovered in the U.S., marking a significant find for domestic resources. These elements are crucial for various high-tech applications, including renewable energy technologies and defense systems. Their discovery is expected to enhance national security and reduce dependence on foreign imports, positioning the U.S. as a key player in global rare earth supply chains.
In practical terms, this discovery could lead to increased production of magnets used in electric vehicles, wind turbines, and other green technologies. It also supports the development of advanced weaponry and electronics critical for defense and telecommunications. By tapping into these reserves, the U.S. aims to bolster its industrial capabilities while mitigating risks associated with international trade tensions over rare earth supplies.