"Florida has the unique potential to be a cornerstone of America's independent rare earths and critical minerals supply chain."
That’s the takeaway from a July 2024 report by the Florida State University National High Magnetic Field Laboratory (MagLab)'s Center for Rare Earths, Critical Minerals, and Industrial Byproducts.
💡 Why it matters: Buried inside Florida’s gypstacks lies a $31 billion opportunity—rare earth elements (REEs) essential for everything from smartphones to electric vehicles. The challenge? Extracting these materials economically and safely.
Enter FSU’s MagLab
Launched in 2023, FSU’s cutting-edge research hub is tackling this challenge head-on, pioneering new ways to unlock these resources and reduce America’s reliance on foreign supply chains.
🔬 The big picture: MagLab’s mission is to advance knowledge and technologies related to rare earth elements, critical minerals, and recovered materials. Their research is helping turn phosphate byproducts into valuable domestic resources.
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