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Canadians buy thousands of Alaska acres for rare earth minerals development
Source: Alaska Dispatch, by Patti Epler
The state's encouragement of Alaska's rare earth minerals industry appears to be starting to pay off. June 06, 2011 Ucore Rare Metals Inc. announced Monday it had staked claim to about 11,400 acres in the Ray Mountains in central Alaska, an area the company thinks holds significant potential for the minerals. Ucore already is at work at Bokan Mountain, the state's largest active development site for rare earth elements, or REEs.
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