Jamaica to launch rare earth elements extraction project soon
Jul 17, 2013
KINGSTON, Jamaica, CMC – Jamaica says it will soon launch the multi-million dollar rare earth elements extraction pilot project, being spearheaded the Jamaica Bauxite Institute (JBI) and Japanese entity, Nippon Light Metals.
Science, Technology, Energy and Mining (STEM) Minister, Phillip Paulwell, whose ministry has portfolio oversight for the initiative, said that construction work on the J$300 million (One Jamaica dollar = US$0.01 cents) plant, being erected is now almost complete.
Paulwell said that all of the equipment to be used has been imported and that processing activities should get underway shortly “as we start to transport the red mud from one of the locations in the country”.
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