Kenya found that the value of $ 62.4 billion rare earth resources

Canada Kotak (Cortec) mining company recently announced that the company has been in Kenya Kwale region detected value of about 5.4 trillion Kenya shillings (about 62.4 billion U.S. dollars) of rare earth minerals reserves.

Kotak mining companies managing Kenya region said David Anderson, this is by far the investigation into the territory of Kenya's largest mineral reserves, will enable the country to become the world's rare earth production five countries. Kotak mining while still in Kwale district investigation into $ 35 billion worth of niobium minerals, this result is confirmed, it will become the world's sixth largest niobium resource reserves.

Rare earths and niobium in industrial production with a wide range of uses, can be applied to high-tech electronic products, automobile manufacturing, chemical products processing and other fields.


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