Minerals explorer Cortec announced it had found rare earth deposits worth $62.4 billion in Kwale County, putting the country among top five potential global producers in a market dominated by China. TEA Graphic/FILE
Kenya’s profile as a potential top rare earth minerals producer rose a rung higher after mineral explorer Cortec announced it had found deposits worth $62.4 billion.
Mrima Hill, in the coastal county of Kwale, has one of the top five rare earth deposits in the world. The area also has niobium deposits estimated to be worth $35 billion.