Alaska Flush with Sought-After Minerals

November 29, 2012

rare earth metalThe world is entering a cyclical phase in metals use where demand is expected to outstrip supply — especially in a handful of minerals deemed critical and strategic to U.S. military, energy and industrial use. Alaska, unique in the U.S. and in much of the world, is flush with most of these important resources, Dan McGroarty president of the American Resources Policy Network said.

“Alaska is the single most important state when measured across the full range of hard rock metals,” McGroarty said.

McGroarty will speak at the Alaska Strategic and Critical Minerals Summit in Fairbanks on Friday. McGroarty is the Senior Advisor to the U.S. Chamber of Commerce International Division and teaches at the Graduate School of Political Management at The George Washington University. He also served as special assistant to the U.S. President and as presidential appointee to two Secretaries of Defense.

The minerals summit is sponsored by the State of Alaska and the University of Alaska Fairbanks.

Several factors point to America’s need to find as many of the building blocks of high-tech devices domestically as possible, he said.

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Source: Juneau Empire

By Russell Stigall