{ai:summary}<p>American Rare Earths Inc. has discovered a significant deposit of rare earth minerals near Wheatland, Wyoming, with estimates now at 2.34 billion metric tons, surpassing previous assessments. This discovery positions Wyoming as a potential leader in the rare earth market, currently dominated by China.</p><p>The company plans to focus on mining neodymium and praseodymium, essential for green technologies. However, CEO Donald Swartz expressed concerns about whether the market can absorb such a large volume of minerals. Other companies are also exploring Wyoming's rare earth potential, indicating a competitive landscape. #economy</p>

Cowboy State Daily: Rare Earths Discovery Near Wheatland So Big It Could Be World Leader – American Rare Earths

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