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Bolívar State · REE Complex
Rare Earth Elements & Associated Minerals
1.5 million tonnes of rare earth elements, thorium, and barium at one of the most significant deposits in the Western Hemisphere — the foundation of mineral sovereignty for the Americas.
1.5M t
Total REE
$47B+
Est. Reserve Value
9
Elements
Probable
Reserve Status
Rare Earth Distribution
Ce58
Cerium
48% — 720,000 t — $1.44B
Catalysts, glass polishing
→La57
Lanthanum
24% — 360,000 t — $720M
Camera lenses, NiMH batteries
→Nd60
Neodymium
18.5% — 277,500 t — $33.3B
High-power magnets (EV/Wind)
→Pr59
Praseodymium
5% — 75,000 t — $7.5B
Magnetic alloys and motors
→Sm62
Samarium
2% — 30,000 t — $120M
Samarium-Cobalt magnets
→Gd64
Gadolinium
1.5% — 22,500 t — $675M
MRI contrast agents
→Dy+—
HREE (Dy, Tb, Eu, Y)
1% — 15,000 t — $3-5B
Phosphors, military magnets
→Associated Minerals
About the Deposit
The Bolívar State REE Complex in southeastern Venezuela is a carbonatite system hosting one of the largest REE concentrations in the Western Hemisphere. Discovered in the 1960s, the deposit contains an estimated 1.5 million tonnes of total rare earth oxides (TREO) in probable reserves, along with significant quantities of thorium, barium, niobium, and phosphorus.
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