Texas Rare Earth Resources. Inc. gets Research Contract from U.S. Defense Logistics Agency

Rare Earth Deposits & Mining / Rare Earth Exploration, Mining, Processing, & Uses

Date posted: 09/28/15

Texas Rare Earth Resources, Inc. reports that it is imperative to re-establish the United States as the leader in technology, production and refining of the strategically vital heavy rare earth elements. They intend to be the secure supplier of these elements which are the foundation of the U.S. defense and technological infrastructure. Their Round Top deposit is uniquely situated to fill this vital National need. According to the 2011 Critical Materials Report issued from the U.S. Department of Energy, five of the rare earth elements were found to be critical in terms of supply risk in the short term (present to 2015) and into the medium term (2015 to 2025). As shown in the criticality matrices presented in this company report, those elements deemed critical are - Dysprosium, Europium, Neodymium, Terbium, and Yttrium.