Rare earth element processing costs
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I need some information about the federal and NJ regulations concerning rare earth elements. Also I need information about the cost of insurance of a plant that would store and refine rare earths.
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Solution Summary
Rough estimate of insurance costs related to processing of rare earth elements are examined. Where insurance quotes can be found is given.
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There are many details that need to be decided before an insurance estimate is possible. For example, do you want only liability insurance, or do you want to insure the goods themselves against theft and fire damage? How large is the facility, and how much materials are present? Rare earth materials are not in themselves very hazardous. The liability would be mainly to cover employees who may injure themselves by dropping materials, falling, and so forth. Refining the rare earths is also not extremely hazardous. It is the manufacturing ...
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