LKY MOJAVE REE PROJECT 1.5KM FROM MOUTAIN PASS MINE
The Mountain Pass Rare Earth Mine is an open-pit mine located in California, on the south flank of the Clark Mountain Range, about 53 miles southwest of Las Vegas, Nevada. It is owned by MP Materials and is the only rare-earth mining and processing facility in the United States. In 2020, the mine supplied 15.8% of the world's rare-earth production, making it a significant global source of these critical minerals.
Rare earth elements extracted from Mountain Pass include cerium, lanthanum, neodymium, and europium, which are essential for various high-tech applications, including electronics, renewable energy, and defense technologies. The mine has a long history, dating back to its discovery in 1949, and has gone through multiple operational phases since its opening in 1952
The Mountain Pass Rare Earth Mine is still active. It is owned by MP Materials and remains the only rare-earth mining and processing facility in the United States. The mine has been operational in various phases since 1952, with periods of closure and reopening. As of 2025, it continues to operate and plays a crucial role in the global rare-earth supply chain
LKY Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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