WorldWide Drilling Resource

41 MAY 2025 WorldWide Drilling Resource® Texas Mine Achieves Milestone in Rare Earth Oxide Production Adapted from Information by USA Rare Earth Rare earth mining company, USA Rare Earth achieved a significant milestone in its Texas Round Top mine project, successfully producing a sample of dysprosium oxide using ore from the Texas Round Top deposit. The company used its proprietary extraction and purification technology, developed at the company’s Wheat Ridge, Colorado, research facility to create the sample. This breakthrough marks a crucial step as the company demonstrates its ability to extract and process high-purity rare earth oxides from its Texas Round Top deposit. “Our engineering team in Colorado, led by Ben Kronholm, a leading mineral process technologist, made significant strides this past year in unlocking the deposit at Texas Round Top,” said Joshua Ballard, CEO. “In addition to dysprosium oxide, our team has now produced a variety of rare earth elements, including terbium and the light rare earth element neodymium, among others. We’re excited about the progress we’ve made in bringing this processing capability back home to the United States while simultaneously unlocking the tremendous potential value we hold at Texas Round Top.” The production of dysprosium oxide is significant due to its critical role in advanced technologies which rely on the unique properties of heavy rare earth elements. Dysprosium is a key component in technologies such as semiconductors, as well as in many NdFeB rare earth magnets by enhancing their performance at high temperatures. NdFeB magnets, made of neodymium, iron, and boron, are the strongest type of permanent magnets commercially available. The company plans to produce this type of magnet at its plant in Stillwater, Oklahoma. These magnets are essential for highefficiency electric vehicles (electric motors and batteries), wind turbines (direct drive generators), medical devices (personal “vital signs” monitors and medical imaging machines), smartphones, and aerospace/defense applications, where high performance in extreme conditions is important. The Round Top project in West Texas hosts a wide range of critical heavy rare earth elements and high-tech metals (including battery grade lithium, gallium, zirconium, hafnium and beryllium). Due to the straight forward mining process and sustainably focused power generation, it is destined be one of the lowest cost rare earth and lithium producers in the world. MIN

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