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Consortium of Australian firms eyes Kwale rare earths
Compounds containing rare earths are commonly used to manufacture electrical and electronic components, lasers, glass, magnetic materials and industrial processes.
Two companies listed on the Australian Securities Exchange (ASX), RareX and Iluka Resources, have jointly applied for a permit to prospect rare-earth deposits in Kwale County.
The consortium is eyeing the lucrative minerals in the Mrima Hill area after the government lifted moratorium on the rare-earth mining last year.
