Uganda Discovers Largest Rare Earth Deposits outside of China The Makuutu Rare Earths Project has an ionic adsorption clay deposits that are prevalent in southern China which have been the source of the world’s lowest cost critical and heavy REE production, however these deposits are gradually being exhausted and Makuutu represents one of only a handful of such deposits outside of southern China

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Uganda has discovered 315 Million tonnes at 650 parts per million Total Rare Earth Oxide at Makuutu in Eastern Uganda, a significant 210% increase to Mineral Resource Estimate (MRE) at a cut-off grade of 200 parts per million Total Rare Earth Oxide. According to the Board of Ionic Rare Earths Limited, which owns 51% of the Makuutu project, this updated MRE places Makuutu amongst the world’s l