… the latest analysis shows the amount of rare earth elements present ... is the second largest deposit in the United States.

According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.

In this second part on cobalt, I will take a look at the various types of cobalt deposits and how you can prospect for them. Who knows—perhaps the next big cobalt strike will be yours.

The lake is at the southern tip of the San Andreas Fault, which has shifting tectonic plates that bring molten material closer to Earth’s surface. The only other part of the US known to have more geothermal brine available is on the fault’s other end in Northern California.

“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”

PolyMet contends the project will actually reduce mercury and sulfate discharges into the St. Louis River watershed because it will clean up an old iron mining waste pond at the processing plant site.