
Figure 1. Global rare earth element production (1 kt=106 kg) from 1950 through 2000, in four categories: United States, almost entirely from Mountain Pass, California; China, from several deposits; all other countries combined, largely from monazite-bearing placers; and global total. Four periods of production are evident: the monazite-placer era, starting in the late 1800s and ending abruptly in 1964; the Mountain Pass era, starting in 1965 and ending about 1984; a transitional period from about 1984 to 1991; and the Chinese era, beginning about 1991.
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The graph above indicates the producers of REE's by region. When we get going one can clearly see that China will be one of our biggest targets. Further more the versatility of these metals would make them an invaluable resource for Fiber Optics technology and environmentally progressive technologies such as batteries for EV's and wind turbine power sells. The future is evidently optimistic for Avalon and its shareholders.