” Markey is asking Defense Secretary Robert Gates which rare earth elements are of specific concern to defense applications and the status of the market. ”

From Ucore rare metals September 2, 2010 :

Federal Agency Increases Involvement in Bokan Heavy Rare Earth Project

” Of particular interest are terbium and dysprosium, which are among the most scarce and valuable metals in the world, and which have been found in anomalously high grades in the Bokan area. “The U.S. government is quite interested in these minerals because they are of military importance,” said Dr. Mariano. ”

Couple days ago, Ucore’s press release was only for 50% of it’s 18 holes with other 9 pending. That also does not include Sunday Lake, that is where the intial drilling was 4 meters at 95% heavy REE’s.

With what they have so far, they’ve said is enough to supply U.S. needs for decades. So anything from here on out is icing on what’s turning into a very large cake. I laugh at how hard the stock got hit, games and people still don’t get that not all of these REE’s are the same, even the media still simply blankets’em all as the same, “rare earth elements”.

Mr. Lifton was who helped me understand a while ago the differance and how light REE’s will be oversupplied. Guess the media needs to at least youtube Mr. Lifton for a simple 10/20 min video !

From Mr. Lifton October 01, 2010: There is no way that a non-Chinese rare-earth mine will be able to outproduce the Chinese mines in Inner Mongolia, in total production of eiher neodymium or lanthanum, the two most widely used of all of the rare-earth metals; but even the Chinese believe that they will not be able to meet the demand for dysprosium and terbium beyond this decade.

If the demand for dysprosium and terbium doubles, then there will be a major shortage of dysprosium and terbium beginning by 2015. I am betting that Chinese, Japanese and Korean investors will focus on neodymium and, perhaps, lanthanum only in the short term, but on dysprosium and terbium for the long term. ”

And how many non-chinese deposits are rich in Dy and Terb ???

Let’s see which ones the U.S. military identifies. ( hmmm )

Oh, yes. Ayn Rand wrote about that.

” Department of Defense officials are expected to sign off as early as this week on a report detailing just how dependent the U.S. military is on rare earth minerals.”

” The survey is now finished, and is currently being reviewed by key military officials, DOD spokeswoman Cheryl Irwin said. ”

http://washingtonindependent.com/101244/dod-near-completion-of-report-on-militarys-use-of-rare-earth-minerals

beyond military applications, how many USA[inside our borders] industrial sites made use of REEs in production during the past year? what products? what contribution to GDP? how many production manhours?

in other words, if the USA had not received REEs, what would have been the impact?

please put these dire circumstances into some understandable perspective.

THANK YOU.