Investor who bought Wyoming Brook coal mine sight-unseen for $2M learns it may contain $37BILLION worth of ‘rare earth’ minerals used for semiconductors, missiles and solar cells
Randall Atkins, 71, bought the Brook Mine 12 years ago – but it wasn’t until years later that researchers found the ground contained rare earth elements
His rare earth elements can be sold for more than $1 million per metric ton . BIDEN WILL SEIZE AND SELL TO CHINA FOR 10% in 3 2 1 …. i would make an announcement im in good health and not suicidal
A 71-year-old investor who bought an old Wyoming coal mine sight-unseen for $2million has learned that it may contain $37 billion worth of ‘rare earth’ minerals.
Randall Atkins, the CEO of Ramaco Rescources, bought the Brook Mine in Sheridan 12 years ago – but it wasn’t until years later that researchers checked if the ground contained elements that are used for semiconductors, missiles and solar cells.
He was shocked to find out that his mine may contain the largest rare-earth deposit in the United States – and the materials may be worth 18,500 times what he paid for the land. The last US mine to be found with such rare materials was found in 1952.
h/t Coastie Patriot