November 21, 2010 (Source: PetroleumNews) -- The swift development of Ucore Rare Metals Inc.’s Bokan-Dotson Ridge deposit in Southeast Alaska is vital to providing the United States with a domestic supply of critical rare earth elements. This is the message world-renown REE expert Jack Lifton delivered to attendees of the Alaska Miners Association 2010 annual convention in Anchorage.

Beyond just mining the heavy rare earth element-rich ore at Bokan, the technological metal consultant advised the State of Alaska to invest in value-added REE processing and refinement and the manufacturing of the magnets in other products made from the technological metals.

“For the future of this country, this development in Alaska is very important. I am hoping it comes to the attention of the national government,” Lifton said.