Brazil
In 2012, a rare earth deposit worth $8.4 billion was identified in Brazil. The country’s rare earth reserves are 21,000,000 MT. So yet, it appears that little energy has been invested in the finding, with only 80 MT expected to be generated in Brazil by 2022.
- Brazil produced 80 metric tons of rare earth metals in 2022, ranking it as the tenth highest producer.
- This mine yield decreased from 500 to 600 metric tons in 2021 and 2020, respectively.
- However, the reduction is not due to a depletion of resources because Brazil possesses huge reserves of rare earth metals, estimated at 21 million metric tons.
Top 10 Largest Rare Earth Elements Producing Countries
Rare-earth elements (REE) are a collection of 17 virtually identical lustrous silvery-white soft heavy metals. The 17 rare earth elements are Lanthanum (La), Cerium (Ce), Praseodymium (Pr), Neodymium (Nd), Promethium (Pm), Samarium (Sm), Europium (Eu), Gadolinium (Gd), Terbium (Tb), Dysprosium (Dy), Holmium (Ho), Erbium (Er), Thulium (Tm), Ytterbium (Yb), Lutetium (Lu), Scandium (Sc), Yttrium (Y).
In this article, we are going to learn about the Top 10 Largest Rare Earth Elements Producing Countries in the world.