A Surprising Discovery of Rare Earth Elements
Recent research of science and technology reveals that extinct volcanoes could hold vast reserves of rare earth elements. These elements are crucial for modern technology, found in everything from smartphones to electric vehicles. Interestingly, iron-rich magma, long buried in these volcanoes, is particularly effective at concentrating these valuable metals. Scientists from The Australian National University (ANU) and the University of the Chinese Academy of Sciences made this groundbreaking discovery.
Dr. Michael Anenburg highlights that this type of magma can be up to a hundred times more efficient than those found in active volcanoes. Despite the challenges, studying ancient volcanic sites like El Laco in Chile could lead to significant finds. This offers a promising avenue for securing rare earth resources, especially as global demand is expected to soar.
Meeting the Rising Demand of Rare Earth Elements
The demand for rare earth elements is skyrocketing, particularly with the push for renewable energy. By 2030, this demand is projected to increase fivefold. This surge is driven by the growing need for technologies such as wind turbines and electric vehicles. Notably, while these elements aren’t as rare as their name suggests, extracting them can be expensive and complex.
Countries like Sweden and Australia hold significant deposits of rare earth elements. Australia, in particular, has an opportunity to emerge as a key player in the clean energy sector. With deposits at Mount Weld and other locations, Australia could provide crucial resources to meet this escalating demand.
In summary, the hidden treasures of extinct volcanoes may soon play a vital role in advancing clean technologies. By unlocking these resources, we can pave the way for a more sustainable future. This discovery not only promises economic benefits but also supports global efforts to combat climate change.
