Massive Rare Earth Deposit Found In Australia
An anonymous reader writes "A north Queensland mining company has discovered one of the world's largest deposits of the rare earth, scandium, used in fuel cells."
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In 1995, a little boy named Tom was playing with his toys in his living room. After about 15 minutes of playing, a tiny little man walked up to him and said, "May I explore the mazes of your bootyass?" Tom, surprised by this sudden occurrence, remained speechless.
After thirty seconds passed, the little man asked the exact same question that he asked previously. This time, Tom asked the little man why he would want to do such a thing. The little man said, "Because I want to explore every maze inside your bootyass." Tom, sensing no bad intentions from the little man, nodded and said, "Well, all right. But no tickle! If there's any tickle, I'll smoosh ya!" The little man nodded his head and was sucked into Tom's bootyass as if his bootyass was a gigantic spaghetti noodle.
Tom was beginning to have second thoughts about letting the little man explore the mazes of his bootyass, but he just shrugged them off. He thought, "What harm could allowing that nice, charismatic little man explore the mazes of my bootyass bring? He was so nice, charismatic, and thoughtful. I made the right choice."
However, soon enough, he discovered that he was terribly wrong. Suddenly, he was looking into his own bootyass as if he was looking through a security camera. Inside, he spotted the little man and numerous round doorways made out of bootyass; it looked like an endless maze. To Tom's surprise, the little man suddenly transformed into a red toy carrying a gigantic sack over his shoulders and began walking towards the smallest doorway of them all! "That sack will never fit through that doorway!", Tom thought.
The toy continued onwards, and eventually the sack got stuck inside the small doorway in Tom's bootyass. The toy, visibly angry, began trying to force the sack through the doorway! This inflicted tremendous amounts of tickle upon Tom's bootyass! The toy then began kicking the sides of Tom's bootyass out of frustration while laughing the entire time. Even more tickle was inflicted upon Tom's bootyass. Just when Tom thought that nothing worse could possibly happen to him, the toy forced the sack right through the doorway and went flying deeper into the mazes of Tom's bootyass and crashed into the side of it! This inflicted more tickle upon Tom's bootyass than ever before!
Now that you have read this (even a single word of it), the very same toy, along with his giant sack which should fit through no doorway, will explore every single maze inside your bootyass (thereby inflicting major amounts of tickle upon it)! To prevent this from happening, copy and paste this entire comment and then repost it as a comment three times.
Meanwhile the largest deposit of unobtainium is still on Pandora.
A good summary would have told us *how* massive it was.
Instead I had to RTFA and find out that the article itself doesn't even tell us.
The amount of information in the summary and TFA could have fit in a tweet.
They'll need the extra money to pay off Lars Ulrich
That's nice, but scandium has only a few minor uses. A find of high-quality neodymium or europium ore would be much more interesting.
Going by the linked ABC article - and the fact the only thing the company has announced was it's annual report today (which isn't really news as the projects/mines would already have been known).
Scandium sells for $5,000/kg. According to the annual report, there is only current use of 5t a year (I assume worldwide). So that's only $25 million a year worth of output. That's pocket change for a mine.
.. if we found an ancient civilization's landfill.
Privacy begins with
http://www.metallicaminerals.com.au/board_of_directors
James Hetfield
Lars Ulrich
Kirk Hammett
Robert Trujillo
Let the suing being
The best test environment is production. - Me
chrome://browser/content/browser.xul
...Message from White House...
Australia found to harbor terrorists. Military action advised.
"With scadnium selling currently selling for $5,000 a kilo, owner Metallica Metals says it will double the size of a planned cobalt and nickel mine at the site."
Metallica was right when they wrote 'Battery' many years ago..
Wait, so the Powerpuff Girls (formerly known as the Kickass Girls) are really from Down Under?
Another day of mining!
Looks like it's no longer...
*puts on sunglasses* ...scantium.
YEAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHH
but can you compete with the prices from China? Will your employees work for slave^H^H^H^H^H freedom wages?
Anons need not reply. Questions end with a question mark.
Good...fuck China...
They're planning to bury a keg of beer somewhere on the property then charge a 5'er for shovel rental. With any luck the shovel rental should pay for processing.
scandium is element 21, and its claim to fame is a great alloy with aluminum. It could be considered the best element to alloy with aluminum. However, Scandium is hard to find in good ores.
http://www.teamfortress.com/loosecanon/09.html
OK, it's rare. But at atomic number 21 I'm not clear how anyone can say it is in the rare earth group, those are much heavier elements.
I'm an American. I love this country and the freedoms that we used to have.
US invasion of Australia to commence in 3...2...1...
We've been over this before. The cost of rare earths does not have to do with their scarcity, but rather the cost of refining the ores into useful metals—it's a complicated process with lots of toxic chemicals.
"Rare Earths Tycoon"
Just after I registered peakscandium.com!
Guess all that criminal activity which caused the place to be inhabited was worth it now, eh? Streuth!
UpYours - http://www.upyoursnetwork.com
Scandi-lous!
*ducks*
There is a fine line between being a cultivated citizen and being someone else's crop. - A. J. Patrick Liszkie
... to welcome our new Aussie overlords.
sigs are like a box of chocolates, they all suck remove the underscores to email me
>> Metric is convenient
You nailed it. All is about simple conversions.
aaaaaaa
In fact they are quite common. One of te big problem with rare earths is that if you extract them, you generally find them in company with thorium. Now even though it is naturally there, one you took it out of the ground you are obligated to treat it as a radioactive waste. You are not aloud to mix it back into the ground at the same consistency you found it. The result is that one of the few places on earth you can get rare earths is ... China. Who by the way is storing the thorium, and is moving ahead into building Gen IV reactors.
... byproduct. Now that is handy
In fact there is a dude that is petitioning to be allowed to extract "rare" earth metal and be allowed to store the thorium. This one mine will be able to produce all the energy the US needs as a
http://energyfromthorium.com/2011/03/10/free-thorium/
And how will this help me against the Creepers?
Suck on that, China!
Bruce 1: Strewth mate, there's bloomin' tons of it! ... ... it's earth, cobber.
Bruce 2: Yeah mate, fair dinkum.
Bruce 1: So it's not rare, then?
Bruce 2: Nope.
Bruce 1: Blue ruin! So basically
Bruce 2:
Bruce 1: Pub?
Bruce 2: No worries!
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Have gnu, will travel.
Location is here, in a former nickel-cobalt mine that operated from 1974 to 1992. It is one of several laterite-related nickel deposits in this area, which form by concentration of ultramafic (Fe-Mg-rich) rocks during chemical weathering in tropical conditions. Presumably they are considering reopening the mine mainly because of the scandium occurrence, or maybe they've found a better way to process the old tailings.
China? Everybody knows Un'goro Crater is the best place for that stuff.
...Russia and China have returned from suddenly running off to change their underpants. Both claim to have eaten "too many tacos," while Australia replied, "Ch-CHING."
This is a hacked account, for which the owner can not be held responsible.
I just want to celebrate.
Where is it going to be refined?
(Sorry, I'm a geologist. Little details like that occur to me, and just might be important. But what would I know?)
Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"