Saturday, May 28, 2022

RUSSIA COVETS UKRAINE"S NATURAL GAS & RARE EARTH MINERALS

  Ukraine has the potential to become a "critical mineral superpower," according to a recent evaluation by SecDev, an Ottawa-based research and analysis think-tank.
   The country ranks fourth globally in terms of total assessed value of natural resources, with roughly $15 billion in annual output and a potential "assessed value [that] could be as high as $7.5 trillion," according to the report.
   Beyond that, Ukraine is thought to have the largest supply of recoverable rare earth resources in Europe, although much of it is undeveloped. Rare earth minerals (cerium, yttrium, lanthanum and neodymium) and alloys are used in many devices people use every day, such as computer memory, rechargeable batteries, cellphones and much more.

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