Mining Operations
Mines owned and operated by Raree – profitability distributed to REE token holders.
THE MINES
North America
America Rare Earth has identified 32 of the 35 elements listed on the USGS report at 2 of its most promising mines. The Initial Focus is on two most abundant and economically rewarding given the high demand and recent market highs in both Scandium and Rubidium. Both elements are critical to advanced and new technologies.
South America
South America has always been rich in petroleum and minerals. We are focusing our South America team efforts towards locating and acquiring new land and exploration in this region.
HECTARES
The vision of REE is to expand mining operations in current locations, exercise options for the lease or purchase of additional mining sites and to expand / grow both REE and the underlying mining enterprise operations. While initially focusing on select rare earths, we plan to eventually create financial instruments backed by all the rare earth elements that are feasible.
Hectares under production
Rare Earth Elements, through its partner “America Rare Earth”, operates two mines in North and South America, totalling over 1000 hectares (2500 acres). Included is one 400-hectare and one 600- hectare Rare Earth Mine, respectively. Proceeds from the sale of REE will allow for additional mine acquisitions and partnerships and further increase the income potential of a REE investment.
1000 total hectares
COLIBRI MINE
600 hectares
Hectares being explored
North America
Ongoing
COLORADAS MINE
400 hectares
South America
Ongoing
1000 total hectares
COLIBRI MINE
600 hectares
COLORADAS MINE
400 hectares
Hectares being explored
North America
Ongoing
South America
Ongoing
Rubidium
Rubidium will be the first of the two rare earth elements that is mined from the mines. Rubidium is used in used in vapor turbines, in vacuum tubes, in photocells, in atomic clocks, in some types of glass and other high-tech products.
Rubidium is the chemical element with the symbol Rb and atomic number 37. Rubidium is a very soft, silvery-white metal in the alkali metal group. Rubidium metal shares similarities to potassium metal and caesium metal in physical appearance, softness and conductivity.
Scandium
Scandium is the second of the two rare earth elements that we will be mining. Scandium is used in fighter planes, high-end bicycle frames, baseball bats and high end cameras and more.
Scandium is a chemical element with the symbol Sc and atomic number 21. A silvery-white metallic d-block element, it has historically been classified as a rare-earth element, together with yttrium and the lanthanides.
MINING BACKGROUND
Mining Background
Contact Details
Email us: [email protected]
Important Links
A blockchain enabled Rare Earth Element Mine-Backed Token
Rare Earth Elements Token Copyright 2021