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Dominican Republic, U.S. discuss rare earths development; preliminary estimate cited at about 100 million tons gross
Summary
Leaders said the Dominican Republic has significant rare earth reserves and discussed U.S. technical support. Secretary Rubio said the U.S. Army Corps of Engineers has been involved in assessments and offered U.S. help to develop the resources while preserving Dominican ownership.
President Luis Abinader and U.S. Secretary of State Marco Rubio discussed the potential of rare earth elements in the Dominican Republic and U.S. technical support to evaluate and develop those resources.
Abinader called rare earths “a resource that has great potential for the Dominican Republic” and said the government has created “a public company, a state company, to be able to exploit these rare…
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