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A Utah company says it has unearthed a massive deposit of minerals crucial for building electric vehicles, semiconductors, satellites, magnets, and more.

Ionic Minerals Technology, or Ionic MT, found its Silicon Ridge mine is chock-full of critical minerals and rare earth elements . According to Andre Zeitoun, Ionic MT’s CEO and founder, the newly discovered supply could support initiatives to electrify transportation and bolster defense, all while reducing dependence on foreign markets. Your support powers solutions-focused climate reporting — keeping it free for everyone. All donations DOUBLED for a limited time. Give now in under 45 seconds.

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