Rare earths (basically a set of 17 fundamental chemical elements for the technological industry), have become one of the axes of the tariff war between China and the United States. The first has One of the largest global reserves, while the US is one of the greatest consumers of these elements. It is expected that the demand for rare earths reach almost 240,000 tons in 2030, compared to 171,300 tons of 2022.
Therefore, the news of finding the largest site in the world In Kazakhstan, he alerts the main powers of the planet. The new site contains about one million tons of these elements. The news has also been published by the country’s news agency on their social networks.
Kazakhstan discovers New Rare Earth deposit in karaganda region https://t.co/xykbxbwdrtpic.twitter.com/rsxi2oc237
– Azertac News Agency (@azertac) April 3, 2025
“Today, This is the largest rare land site in Kazakhstan”, Declared a spokesman for the Ministry of Industry.
The site, located in the Karagandá region, in the center of Kazakhstan, It contains Cerio, Lantano, Neodimio and Ititrio, but this would be just a part of the finding.
The Kazaja news agency affirms that the potential for resources at the new deposit, called, It could exceed 20 million tons, according to the forecasts of the Kazakhstan Ministry of Industry.
“This could place Kazakhstan among the main countries of the world with rare earth deposits in the future”, Added the ministry.
The good news is that the European Union, which aspires to achieve carbon neutrality by 2050, She is interested in rare, vital metals in green energy.
However, there is a “bad” news. In a market like that of rare earths, which move about 5 billion euros per year, Kazakhstan, notes that it lacks the technology necessary to exploit their deposits And that makes many want to be their new best friends.