Low Emission Rare Earth Metals Manufacturing From Domestic Sourced Minerals [Forbes]
Idaho Strategic Resources, Inc. (IDR)
Company Research
Source: Forbes
The key competitive advantage of local mining and extraction is its ability to produce high-concentration intermediate sources in close proximity to raw minerals, like rare earth elements (REEs). This alleviates transferring low-concentration REE hard rocks to centralized refineries, which can improve the economic and environmental performance of rare earth metals manufacturing by reducing transportation, handling, and storage costs. Besides, local REE extraction can significantly reduce the number of steps involved in processing REE ores, including the steps in producing hazardous waste chemicals, such as floatation and hazardous solvent extraction. The conventional extractive metallurgy route generates about 2,000 tons of waste for every ton of REE produced. Domestic mining and extraction of REE can result in less than 100 tons of chemical waste for every ton of REE (an order of magnitude less waste generation). Idaho is endowed with an abundance of critical minerals, especially R
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- Idaho Strategic Announces Memorandum of Understanding with Radiant Industries Frontier ProgramAccesswire
- Idaho Strategic Provides President's Letter to Stakeholders [Yahoo! Finance]Yahoo! Finance
- Idaho Strategic Provides President's Letter to StakeholdersAccesswire
- Idaho Strategic Reports First Quarter 2024 Operating and Financial Performance [Yahoo! Finance]Yahoo! Finance
IDR
Sec Filings
- 6/18/24 - Form 8-K
- 6/17/24 - Form 4
- 5/28/24 - Form 4
- IDR's page on the SEC website