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The study shows one extinct volcanoes, such El Laco inside Chile, was looked for their potential to yield rare earth elements. Dr. Michael Anenburg away from ANU said that iron-rich magma solidified inside some extinct volcanoes is focus rare-earth metals up to a hundred times better than magmas from effective volcanoes. “You will find not witnessed a keen metal-steeped magma erupt out of a working volcano, but we know particular extinct volcanoes, which can be millions of yrs old, had so it secretive type of eruption,” said Dr. Anenburg.
