President Luis Abinader establishes Empresa Minera Dominicana, S.A. to boost sustainable exploitation of rare earth

[Dolores]

In a move aimed at enhancing the sustainable extraction of strategic resources, particularly rare earth elements (REE), President Luis Abinader has enacted Decree No. 453-24 that creates Empresa Minera Dominicana, S.A. (Emidom), a state-owned public entity.

The new company seeks to take advantage of the rare earth findings in Pedernales. Science Direct recently published a report mentioning the karst bauxites in the region have recently received renewed attention for their potential as non-conventional REE sources.

According to Science Direct: “Karst bauxites from the Pedernales Peninsula in the Dominican Republic stand among the world’s richest in REE.“ The bauxite ore from two deposits from the bauxite district, Aceitillar and El Turco, are noted for their outstanding REE contents and contrasting mineralogy.

The Presidential decree establishes that the...

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[PJT]

Is it coincidence that announcement of this new state-owned public entity comes after the departure of Mines and Energy Minister Antonio Almonte to take up a position as Dominican Consul in Boston?

Regards,

PJT