US Gives $120M For Lab To Tackle Rare Earth Shortages 170
coondoggie writes "With China once again playing games with the rare earth materials it largely holds sway over, the U.S. Department of Energy today said it would set up a research and development hub that will bring together all manner of experts to help address the situation. The DOE awarded $120 million to Ames Laboratory to set up an Energy Innovation Hub that will develop solutions to the domestic shortages of rare earth metals and other materials critical for U.S. energy security, the DOE stated."
Re:Viability of ocean mining? (Score:4, Interesting)
Ocean mining is not necessary because there is no particular shortage of rare earth ore. China is not the leader because they have the only rare earths, but because low labor costs made it cheaper to mine them there. Since they began to impose export restriction, rising prices have enabled operations to restart in several mines, including the Mountain Pass Mine [wikipedia.org] in California.
But reducing the need for rare earths is also a good idea, so the research being funded makes sense. However, just handing out grants is the wrong approach . It would be much better to set out the goals and offer specific awards for achieving them. Competitive contests, like the DARPA Grand Challenge [wikipedia.org], the Ansari X Prize [wikipedia.org], and the Google Lunar X Prize [wikipedia.org], have been far more effective at achieving results than grant based funding.
Re:Viability of ocean mining? (Score:1, Interesting)
Surely it has to be more feasible than capturing an asteroid to mine though?
E.g.:
http://tech.slashdot.org/story/12/04/21/229248/billionaires-and-polymaths-expected-to-unveil-a-plan-to-mine-asteroids
http://science.slashdot.org/story/11/08/31/1656237/chinese-want-to-capture-an-asteroid
Re:Politics (Score:4, Interesting)
It's about high time that we have bipartisan support for energy independence. It's time for both political parties to pull their thumbs out of their collective arses and get it done!
It is being done. The USA is already self-sufficient in natural gas, and falling gas prices are causing gas to displace coal for electricity generation. Fracking technology, developed for gas, is now being applied to oil, with very successful results. By 2020 the USA is expected to surpass Saudi Arabia as the biggest oil producer in the world. All of this is because US politicians have done something that they have so often failed to do in the past: stay out of the way.
Somebody didn't get the memo! (Score:5, Interesting)
What about mining your own stuff ? (Score:4, Interesting)
The US has sufficient resources.
see:
http://minerals.usgs.gov/minerals/pubs/commodity/rare_earths/mcs-2012-raree.pdf [usgs.gov]
Political interest actually is about getting _cheap_ access to china's resources.
Re:Viability of ocean mining? (Score:5, Interesting)
Not so much about cheap labour as it is about less stringent environmental standards. The biggest cost of rare earth mining is keeping it as clean as regulations require and China has large areas which are completely and utterly poisoned by rare earth mining.
That's in fact one of the reasons (and the main official reason) why China is currently restricting rare earth exports. Mining and refining rare earths is a very toxic process.
Re:Viability of ocean mining? (Score:5, Interesting)
Re:Politics (Score:5, Interesting)
I agree on all points but that of oil. Fracking depends on high oil prices, otherwise it isn't economically viable (don't expect the price of gas or oil to come down). As well, those fracked wells show much faster production declines than traditional oil wells, on an individual basis they decline pretty fast. Environmental concerns are also pretty big, may as well be mining rare earths...
For more info regarding fracking and the "more oil than Saudi Arabia" propaganda (at best that's what it is, at worst it is completely uninformed...), this article goes over the basics:
http://www.theoildrum.com/node/9753 [theoildrum.com]
The Oil Drum has many other more detailed articles as well.