{"id":51397,"date":"2024-09-25T11:56:15","date_gmt":"2024-09-25T10:56:15","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=51397"},"modified":"2024-09-25T11:56:15","modified_gmt":"2024-09-25T10:56:15","slug":"rare-earth-elements-in-extinct-volcanoes-boost-australias-supply","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/rare-earth-elements-in-extinct-volcanoes-boost-australias-supply\/51397\/","title":{"rendered":"Rare earth elements from extinct volcanoes could boost Australia’s supply chains"},"content":{"rendered":"

Extinct volcanoes could provide Australia with an exciting and abundant new source of rare earth elements, according to research.<\/h2>\n

A study performed by experts at The Australian National University (ANU) and the University of the Chinese Academy of Science has identified an enigmatic iron-rich magma in extinct volcanoes that is believed to be abundant in rare earth elements.<\/p>\n

This novel source of these critical raw materials could help elevate Australia as a globally-leading source of rare earth elements, which are essential for an array of every day and green technologies.<\/p>\n

Currently, China is home to the World’s largest rare earths deposit, while Europe’s largest is located in Sweden.<\/p>\n

With this discovery, Australia potentially has the opportunity to spearhead the rare earth elements industry.<\/p>\n

Why reinforcing supply chains for rare earth elements is vital<\/h3>\n

Rare earth elements are a group of 17 metallic elements, including lanthanides, scandium<\/a>, and yttrium, known for their unique magnetic, luminescent, and electrochemical properties.<\/p>\n

Although relatively abundant in Earth’s crust, these elements are challenging to extract in concentrated, economically viable amounts. Their specialised characteristics make them critical for a wide range of advanced technologies, particularly in green energy solutions.<\/p>\n

\"rare
\u00a9shutterstock\/Phawat<\/figcaption><\/figure>\n

In green technologies, rare earth elements play a crucial role in enabling the transition to a low-carbon future. For example, neodymium and dysprosium are essential for manufacturing powerful permanent magnets used in electric vehicle motors and wind turbines.<\/p>\n

These magnets help improve energy efficiency and performance. Rare earth elements like lanthanum are key components in electric vehicle batteries, which are crucial for the global shift to cleaner transportation.<\/p>\n

Europium and yttrium are vital for energy-efficient LED lighting and display screens, reducing overall energy consumption.<\/p>\n

Their use in these critical applications underscores their importance, with demand expected to increase fivefold by 2030.<\/a><\/p>\n

Extinct volcanoes unlock Australia’s potential<\/h3>\n

In their study, the researchers recreated volcanic eruptions in the lab<\/a> by using rocks similar to those found in iron-rich, extinct volcanoes.<\/p>\n

These rocks were placed in a pressurised furnace and heated to extremely high temperatures until they melted, allowing the scientists to study the minerals inside.<\/p>\n

Through this process, they discovered that iron-rich volcanic rocks contain an abundance of rare earth elements.<\/p>\n

Dr Michael Anenburg from ANU explained that the iron-rich magma, which solidified to form certain extinct volcanoes, is up to a hundred times more efficient at concentrating rare earth metals than the magma typically found in active volcanoes.<\/p>\n

Anenburg added: “We have never seen an iron-rich magma erupt from an active volcano, but we know some extinct volcanoes, which are millions of years old, had this enigmatic type of eruption.<\/p>\n

“Our findings suggest that these iron-rich extinct volcanoes across the globe, such as El Laco in Chile, could be studied for the presence of rare earth elements.”<\/p>\n

This groundbreaking discovery offers Australia a unique opportunity to strengthen its position in the global rare earth elements market.<\/a><\/p>\n

By tapping into the vast potential of iron-rich volcanic rocks from extinct volcanoes, Australia could reduce its reliance on foreign supply chains and become a key player in the production of rare earths.<\/p>\n","protected":false},"excerpt":{"rendered":"

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