Follow this blog:
RSS

Reggae, reefer and rare earths: Welcome to Jamaica!

By | January 17, 2013, 12:43 AM PST

No rare earths? No cry! Jamaica - home of the late Bob Marley - might have some for you.

Rare earth metals are not rare. They occur about as frequently as Bob Marley’s children (the reggae legend sired many, three of whom were born within four weeks to different women in 1972).

But finding them and extracting them in usable quantities is the big challenge to a world which relies enormously on the elements for products from missiles to cars to mobile phones. China rules the global market, controlling about 95 percent of it. Many companies and countries have been taking market and legal measures to try to reverse that.

Japan, whose manufacturers use massive amounts, has come up with the latest answer: the red muds of Jamaica, a land known more for that prolific reggae star and for an altogether different substance, one that’s definitely not rare and that a lot of people like to smoke rather than put into an iPhone. (Okay, so Jamaica has some fast Olympic sprinters, too.)

The AP reports that Jamaican science, technology energy and mining minister Philip Paulwell said Japanese researchers believe they have found “high concentrations of rare-earth elements in the country’s red mud, or bauxite residue.” Nippon Light Metal Co. Ltd. “believe rare earth elements can be efficiently extracted in Jamaica, where a once flourishing bauxite industry has fallen on hard times,” the article states.

If true, that could lively up the Caribbean economy, to borrow a phrase from the frequent father.

Jamaica’s not the only place where these things could soon boom. In an upcoming post, I’ll take you to a much colder climate where things are stirring up.

Photo: Eddie Mallin via Wikimedia

More rare earth wailers on SmartPlanet:

Start your week smarter with our weekly e-mail newsletter. It's your cheat sheet for good ideas. Get it.

Mark Halper

About Mark Halper

Mark Halper is a contributing editor for SmartPlanet.

Mark Halper

Mark Halper

Contributing Editor

Mark Halper has written for TIME, Fortune, Financial Times, the UK's Independent on Sunday, Forbes, New York Times, Wired, Variety and The Guardian. He is based in Bristol, U.K.

Follow him on Twitter.

Mark Halper

Mark Halper

Mark has no financial holdings in the companies he writes about. He occasionally travels at the expense of companies or their press relations agencies in order to report on a company or industry event related to it; Mark will prominently disclose this information when appropriate. This relationship will have no influence on his coverage. Companies he covers do not get to review columns in advance, or select or reject topics.

He writes for SmartPlanet and is not an employee of CBS.

If you liked this, don't miss...
4
Comments

Join the conversation!

Follow via:
RSS
0 Votes
+ -
Spelling in title?
Do you mean reefer?
Posted by dimonic
17th Jan
0 Votes
+ -
Spliffin' madness!
Yes, I do mean "reefer"! Thank you. I've changed it now, so to anyone getting immersed in these comments: original headline said "refer." D'oh! Don't know how that happened. And no, I ain't smokin' too much of the stuff!
Posted by markhalper
17th Jan
0 Votes
+ -
Too much?
Sounds like a judgement call to me.
No prob mon happy
Posted by harrim47
17th Jan
0 Votes
+ -
Jamaica should be careful
China has cornered the market on rare earths because most countries don't want to deal with the pollution attendant on refining the ores. The ores CAN be refined in an ecologically responsible manner, and for a reasonable extra cost, but NOT if one is competing directly on cost with a low-bidder country that doesn't mind poisoning its citizens and ecosystems. (Although, as China's economy improves, the citizens are starting to demand responsibility from industries. OTOH, will someone else then replace China?)
Posted by dmm99
17th Jan
Join the conversation
Formatting +
BB Codes - Note: HTML is not supported in forums
  • [b] Bold [/b]
  • [i] Italic [/i]
  • [u] Underline [/u]
  • [s] Strikethrough [/s]
  • [q] "Quote" [/q]
  • [ol][*] 1. Ordered List [/ol]
  • [ul][*] · Unordered List [/ul]
  • [pre] Preformat [/pre]
  • [quote] "Blockquote" [/quote]

Join the SmartPlanet community and join the conversation! Signing up is fast and free. Don't wait -- we want to hear your opinion!