Don’t miss the latest developments in business and finance.

New rare earth deposits found in China's Jiangxi

Image
IANS Nanchang (China)
Last Updated : Jan 15 2018 | 10:35 PM IST

New rare earth deposits have been discovered in east China's Jiangxi Province, authorities said.

A four-year geological survey in 18 cities and counties in southern Jiangxi led to the discovery of more than 10 mid-size or large deposits, according to Jiangxi's provincial department of geology and mineral resources development, reported Xinhua news agency.

More than 100 experts were involved in the project, which laid a solid foundation for the development and use of rare earth elements, according to the department.

Rare earth metals are vital for manufacturing high-tech products ranging from smartphones and wind turbines to electric car batteries and missiles.

--IANS

him/vd

Also Read

First Published: Jan 15 2018 | 10:28 PM IST

Next Story