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A near-term US source of rare-earth feedstock, from a plant that is already operating.
Rare earths from Virginia
What is Monazite?
Monazite is a heavy mineral rich in rare-earth elements. The concentrate we plan to produce contains around 55% rare-earth oxides*, including neodymium and praseodymium (NdPr), the key ingredients in the permanent magnets used in electric vehicles, wind turbines, defence systems and electronics.
WHY STONY CREEK
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Monazite already comes out of our mineral sands, so no new mine is needed
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An operating, permitted site: the largest mineral separation plant in North America
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Existing permits, including a radiation licence, being modified for monazite
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New US jobs, building on ~120 today
WORK WITH US
Buying rare-earth concentrate? Supplying monazite feed? Supporting US supply chains?
Contact ASM's Commercial Director, Michel Overstreet, via email.
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