Location map of Globex’s Gem Hills rare earth elements (REE) property

Location map of Globex’s Gem Hills rare earth elements (REE) property

Also shown is the location of MP Materials Mountain Pass REE mine and the Virgin Mountain REE project (optioned from Globex to Lodestar Minerals). Mountain Pass accounted for approximately 12% to 14% of the world's rare earth mined output (mainly LREE). The U.S. government, primarily through the Department of Defense (DoD), provides significant support to MP Materials' Mountain Pass rare earth mine, all aimed at securing a domestic supply chain for defense and high-tech industries, reducing REE reliance on China, and boosting U.S. industrial independence.

Format

JPEG

Source

Globex Mining Enterprises Inc.

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