Plans for rare earth mine announced in Prince George

News Snapshot:

McLeod Lake Indian Band and Defense Metals teaming up on Wicheeda Project east of Bear Lake to produce magnetic metals used in cell phones, electric vehicles and levitation trains An equity partnership and co-design agreement between the McLeod Lake Indian Band and Defense Metals of Vancouver to create a rare earth elements mine north of Prince George was announced Wednesday at the BC Natural Resources Forum. The mine, which would extract neodymium and praseodymium, magnetic metals used in cell phones, air conditioners and maglev trains, is projected to produce 10 per cent of the global supply once it becomes fully...