Rare earth deposits discovered in Jamaica

Fritzo

Lifer
Jan 3, 2001
41,907
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I like stories like this. Rare earths are HUGE business in today's tech world, and this discovery could transform Jamaica from a 3rd world island to a prosperous and self-sustaining nation.

I've been to Jamaica a couple of times, and outside of the nice resorts the poverty is heartbreaking.

http://news.yahoo.com/jamaica-breaks-ground-rare-earth-project-233915194.html

KINGSTON, Jamaica (AP) — Jamaican and Japanese officials on Monday launched a pilot project designed to investigate whether rare-earth elements can be commercially extracted from the island's bauxite waste.
Researchers with Japan's Nippon Light Metal Co. Ltd. believe they have found high concentrations of rare-earth elements in the island's red mud, a byproduct of bauxite refining into alumina, the basic material for manufacturing aluminum.

During the pilot project, researchers from the two countries will treat some 30 tons of dry red mud with acid to potentially extract some of the 17 rare-earth elements that are vital in manufacturing smartphones, plasma screens, wind turbines, satellites and numerous other high-tech products.

In Jamaica, where the economy is tough and the local currency is sliding, hopes are soaring that the pilot project at the Jamaica Bauxite Institute's headquarters could result in a commercial deal to extract rare-earth oxides from the red waste stored in containment ponds around mining grounds.

Prime Minister Portia Simpson Miller said that if the joint venture proves viable, it could be among the most "significant projects ever undertaken in Jamaica."
"This project represents the kind of industrial diversification that this country needs it if is to realize its economic potential and improve living standards for our people," Simpson Miller told Japanese dignitaries and Jamaican officials, scientists and businessmen.

Parris Lyew-Ayee, chairman of the Jamaica Bauxite Institute, said he believes that that since Jamaica's dry red mud deposits are stored in containment ponds he believes it will be simple and safe to harvest.

"There will be no mining operations and related pressures on the environment," said Lyew-Ayee, who described the long-discussed feasibility of extracting rare-earth elements from bauxite tailings as a sort of "holy grail" on the island, where treated red mud was formerly used to make bricks for building sites.

China is now the globe's main supplier of rare-earth elements. Worried by that dominance, manufacturers around the globe have been spurring searches for other sources that could be profitably mined.

Rare-earth elements aren't scarce, but few places exist with enough concentrations to be profitable. They are difficult to isolate in a purified form and require advanced technology to extract.

Paul Henderson, an honorary professor in the earth sciences department at University College London and who is not involved in the research in Jamaica, said the rock from which any bauxite is derived will ultimately determine its rare-earth contents. "Not all bauxites will have much in the way of rare earths," Henderson said in an email.

But Nippon Light Metal believes that the concentration of rare-earth elements in Jamaica's red mud is "significantly greater" than other international red mud sites and it hopes to eventually extract 1,500 metric tons of rare-earth elements per year, said Energy Minister Phillip Paulwell.

Nippon has agreed to invest $3 million in buildings and equipment for the pilot project while also being responsible for operating costs. Any rare-earth elements extracted during this phase will be jointly owned by Jamaica and the Japanese company. Negotiations for commercialization are expected to occur later.

Paulwell said in Parliament last month that rare-earth oxides were being traded at $3,500 per kilogram.

Speculating on the demand for rare-earth elements in the future "is a bit like looking into the tea leaves other than the fact that demand is sure to increase," Henderson said from Britain.

"By how much depends of course on the possible introduction of new technologies and range of other issues such as how much investment in green energies, especially wind turbines, changes," he said.
 

klinc

Senior member
Jan 30, 2011
555
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I like stories like this. Rare earths are HUGE business in today's tech world, and this discovery could transform Jamaica from a 3rd world island to a prosperous and self-sustaining nation.

I've been to Jamaica a couple of times, and outside of the nice resorts the poverty is heartbreaking.

http://news.yahoo.com/jamaica-breaks-ground-rare-earth-project-233915194.html

We are the worlds biggest producers of gold, platinum and together with Russia biggest producers of diamonds. We are still a 3rd world shit hole. Please Explain?
 

Jimzz

Diamond Member
Oct 23, 2012
4,399
190
106
I like stories like this. Rare earths are HUGE business in today's tech world, and this discovery could transform Jamaica from a 3rd world island to a prosperous and self-sustaining nation.

I've been to Jamaica a couple of times, and outside of the nice resorts the poverty is heartbreaking.

http://news.yahoo.com/jamaica-breaks-ground-rare-earth-project-233915194.html


Hahahahahahah... Just like Africa has so many 1st world nations due to all their oil, diamonds, rare minerals, etc... :awe:
 

IronWing

No Lifer
Jul 20, 2001
70,085
28,659
136
Resource extraction is necessary but not sufficient to prosperity. Jamaica is already a mining nation. They need to mine/refine/manufacture/export in order to raise their standard of living. Mining for export is a failed model.
 

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
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Hahahahahahah... Just like Africa has so many 1st world nations due to all their oil, diamonds, rare minerals, etc... :awe:
That's exactly what I was thinking. The process wouldn't employ anywhere near as many people who are employed in the tourist industry. The profits would be concentrated in the hands of few. Jamaica doesn't have the infrastructure to do anything with those rare earths other than export them.
 

Fritzo

Lifer
Jan 3, 2001
41,907
2,141
126
Hahahahahahah... Just like Africa has so many 1st world nations due to all their oil, diamonds, rare minerals, etc... :awe:

The problem with Africa is those resources were being exploited by cartels and syndicates before any government was in place, which caused a huge power struggle and stability issues that exist to this day. Jamaica doesn't really have that type of issue. Basically if you live there, you work for a resort, you harvest weed, or you're poor. It's a discovery that could be beneficial to the world by lowering the cost of electronics if it pans out (China artificially inflates its massive rare earths). The downside is mining this stuff does severe ecological damage.
 

SheHateMe

Diamond Member
Jul 21, 2012
7,251
20
81
Waiting for Civil War to break out in Jamaica as people try to rape the resources for themselves.


Diamonds worked out so well for Africa, Jewish people in Europe get rich off the Diamonds..meanwhile in Africa someone else is getting killed to fund that shit.
 

Jimzz

Diamond Member
Oct 23, 2012
4,399
190
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The problem with Africa is those resources were being exploited by cartels and syndicates before any government was in place, which caused a huge power struggle and stability issues that exist to this day. Jamaica doesn't really have that type of issue. Basically if you live there, you work for a resort, you harvest weed, or you're poor. It's a discovery that could be beneficial to the world by lowering the cost of electronics if it pans out (China artificially inflates its massive rare earths). The downside is mining this stuff does severe ecological damage.


Jamaica, the murder capital of the world, will surly make sure all get help from any gains in local resources... Hahahahahahah.... :awe:

You really can't be that dumb can you?
 

Fritzo

Lifer
Jan 3, 2001
41,907
2,141
126
Jamaica, the murder capital of the world, will surly make sure all get help from any gains in local resources... Hahahahahahah.... :awe:

You really can't be that dumb can you?

Yeah, I'm totally stupid. Sorry for bringing this up at all.

I think I'm going to stop posting here for a while. Everyone seems to be getting jerk-ier than usual.
 

klinc

Senior member
Jan 30, 2011
555
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0
The problem with Africa is those resources were being exploited by cartels and syndicates before any government was in place, which caused a huge power struggle and stability issues that exist to this day. Jamaica doesn't really have that type of issue. Basically if you live there, you work for a resort, you harvest weed, or you're poor. It's a discovery that could be beneficial to the world by lowering the cost of electronics if it pans out (China artificially inflates its massive rare earths). The downside is mining this stuff does severe ecological damage.

The mining companies come in pay the president and his fellow polictians something every month where in turn they will use your countries unemployed to get cheap labor. Then it will be stockpiled by US and others. When the time is right they will go back to the gold system like they did before the 70's by using that gold.

If you do not play a long they fund some people to stir up shit and put a guy in charge who wants to play a long. They did that with South Africa as well.
 

klinc

Senior member
Jan 30, 2011
555
0
0
Jamaica, the murder capital of the world, will surly make sure all get help from any gains in local resources... Hahahahahahah.... :awe:

You really can't be that dumb can you?

Jamaica is not the murderer capital of the world do they even have a 100 000 people to qualify?
 

Jimzz

Diamond Member
Oct 23, 2012
4,399
190
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Jamaica is not the murderer capital of the world do they even have a 100 000 people to qualify?


Actually I think someone else took their crown but here is their old title story...

Jamaica 'murder capital of the world'
http://www.bbc.co.uk/caribbean/news/story/2006/01/060103_murderlist.shtml

But according to the Caribbean Media Corporation, Jamaica has now been classed the murder capital of the world, after 2005 saw more than 1600 people killed; a tally of at least five people murdered a day.
Jamaica's Prime Minister PJ Patterson said, in this final New Year message to the nation before stepping down, that crime was the country's most pressing problem and called on Jamaicans to play a greater role in the fight against it.


"Jamaica has had one of the highest murder rates in the world for many years, according to UN estimates"
http://www.nationmaster.com/graph/cri_mur_percap-crime-murders-per-capita
http://www.unodc.org/documents/data-and-analysis/Caribbean-study-en.pdf


So they are not the top anymore but they are still a s__thole and to think any local resources would help the entire country is just stupid.

Also their polulation is well over 2million. Just looked, its near 3million.
 
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techs

Lifer
Sep 26, 2000
28,559
4
0
Mining of rare earth metals is the most dangerous and destructive type of mining. The US used to do it but the extreme toxicity of the waste products, including radioactive waste, forced the US plants to shut down.

Only China which doesn't care about dead people still mines rare earths. They are constructing a plant in the Phillipines that is supposed to be technologically advanced enough to make it safe. Last I heard the costs have skyrocketed and there is real concern the plant will still spew toxic materials.

Good luck, Jamaica.
 

Jodell88

Diamond Member
Jan 29, 2007
8,762
30
91
Actually I think someone else took their crown but here is their old title story...

Jamaica 'murder capital of the world'
http://www.bbc.co.uk/caribbean/news/story/2006/01/060103_murderlist.shtml

But according to the Caribbean Media Corporation, Jamaica has now been classed the murder capital of the world, after 2005 saw more than 1600 people killed; a tally of at least five people murdered a day.
Jamaica's Prime Minister PJ Patterson said, in this final New Year message to the nation before stepping down, that crime was the country's most pressing problem and called on Jamaicans to play a greater role in the fight against it.


"Jamaica has had one of the highest murder rates in the world for many years, according to UN estimates"
http://www.nationmaster.com/graph/cri_mur_percap-crime-murders-per-capita
http://www.unodc.org/documents/data-and-analysis/Caribbean-study-en.pdf


So they are not the top anymore but they are still a s__thole and to think any local resources would help the entire country is just stupid.

Also their polulation is well over 2million. Just looked, its near 3million.
Jamaica is not a shithole. :rolleyes:
 

Jimzz

Diamond Member
Oct 23, 2012
4,399
190
106
Jamaica is not a shithole. :rolleyes:


Jamaica:
2005 'murder capital of the world'

"the most homophobic place on earth"

Former Prime Minister P. J. Patterson described the crime situation as "a national challenge of unprecedented proportions".

Most hotels have large walls and armed guards on duty 24hr a day due to crime.



Yea sounds like a great place. :rolleyes:
 

K1052

Elite Member
Aug 21, 2003
47,859
36,809
136
Mining of rare earth metals is the most dangerous and destructive type of mining. The US used to do it but the extreme toxicity of the waste products, including radioactive waste, forced the US plants to shut down.

Only China which doesn't care about dead people still mines rare earths. They are constructing a plant in the Phillipines that is supposed to be technologically advanced enough to make it safe. Last I heard the costs have skyrocketed and there is real concern the plant will still spew toxic materials.

Good luck, Jamaica.

It can be done more safely but the Chinese depressed the prices for so long to corner the market most of the mines closed a number of years back. Molycorp has reopened the Mountain Pass mine and ore refinery with cleaner extraction methods.
 

Jodell88

Diamond Member
Jan 29, 2007
8,762
30
91
Jamaica:
2005 'murder capital of the world'

"the most homophobic place on earth"

Former Prime Minister P. J. Patterson described the crime situation as "a national challenge of unprecedented proportions".

Most hotels have large walls and armed guards on duty 24hr a day due to crime.



Yea sounds like a great place. :rolleyes:
I'm not saying it's paradise. I'm saying it's not a shithole. There's a lot more countries that are worst off than jamaica.

The second point is correct though. :p

EDIT: And the major factor fuelling the increased crime in the Caribbean is being a trans-shipment point for drugs.
 
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