Trump Energy Dept. Seeks to Mine Elements Monopolized By China

Trump Energy Dept. Seeks to Mine Elements Monopolized By China. Photo: Tumisu

The US Energy Department announced newly a pilot program for research into domestic mining of rare earth elements.

Rare earth elements are a series of seemingly obscure elements on the Periodic Table that are crucial for production of electronics, military equipment and some medications.

According to Rep. Lou Barletta (R-Pa.), 100 percent of America's supply of these elements comes from China.

China supplies 85 percent of the world's overall production, according to the congressman.

The elements - which include Yttrium, Scandium, Neodymium and Cerium - can be extracted in a variety of ways, including in the aftermath of coal mining.

The Energy Department said it will invest nearly $7 million into researching ways to mine and produce these elements in the United States.

Source: FOX