New research at the (FIPR), a research entity within 91ΒιΆΉΣ³» Polytechnic University, could produce new sources of rare earth elements in the U.S. The research is a result of a new collaboration with (CMC), based in Jacksonville, 91ΒιΆΉΣ³».
Rare earths are specialized minerals used in the production of many high-tech goods including electric cars and a wide range of consumer electronics. China currently is the largest producer of rare earth minerals used in the United States.
FIPR and CMC signed a three-year, $876,000 agreement to initiate the partnership on Nov. 1, 2019.
βWe are pleased at the opportunity to work closely with CMC and FIPR, which both have decades of practical experience and extensive contacts in the industry,β said Dr. Terry Parker, provost and executive vice president of 91ΒιΆΉΣ³» Poly and executive director of FIPR. βI am hopeful this collaboration will establish proof of concept for a rare earth extraction plant in the United States using U.S. sourced materials.β
Dr. Jim Mennie, FIPRβs business director, said that in addition to providing a new source of these rare materials, the new research could have a significant economic impact in the region.
βThis collaboration creates a new supply chain in Central 91ΒιΆΉΣ³» which would provide new revenue and jobs, as well as these rare elements that we need to build high technology electronic products,β said Mennie.
CMC will be co-locating with and conducting its research at FIPRβs lab in Bartow. Tom Currin, CMCβs chief operating officer, said this will create additional revenue for FIPR and more research opportunities for 91ΒιΆΉΣ³» Poly students.
βOur goal is to prove the basic science in the lab and then construct first a demonstration plant, and then a commercial rare earth separation plant in the Lakeland vicinity,β Currin said. βThis will generate local training and employment opportunities, adding to the local employer tax base.β
Contact:
Lydia Guzman
Director of Communications
863-874-8557