On February 27, 2026, President Luis Abinader announced the discovery of over 150 million tons of rare earth minerals in the Dominican Republic, including vital elements like neodymium, praseodymium, and terbium. The discovery, located in the Pedernales province, could transform the country’s economy, which has long relied on agriculture and tourism.
Exploration and Certification
The rare earth deposits are found in bauxite ore, with promising initial exploration results. However, the 150 million tons is an estimate, and the reserves' commercial viability will be confirmed through certification in early 2027, which is essential for large-scale mining.
Economic Impact
President Abinader emphasized that these minerals are crucial for industries such as electric vehicles, wind energy, and high-tech manufacturing. The government has integrated rare earth development into its broader energy strategy and plans to manage it through the state-owned Dominican Mining Company (Emidom).
Dominican Republic President Luis Abinader speaks during a meeting with U.S. Secretary of Defense Pete Hegseth at the National Palace, in Santo Domingo, Dominican Republic November 26, 2025.
Global Reactions
The discovery has attracted international attention, with the U.S. expressing support for collaboration. Secretary of State Marco Rubio affirmed that the resources belong to the Dominican people. Other countries, including Canada, are also seeking cooperation by offering technology and financial support.
Global Supply Chain Impact
If developed, the Dominican Republic's rare earth resources could ease the global supply shortage and reduce reliance on dominant producers like China, creating new supply channels for the U.S., Europe, and Japan.
Challenges Ahead
Despite the promising outlook, challenges remain, including pending certification, environmental regulations, and infrastructure limitations. Experts warn that significant investments will be needed. However, with growing global demand for green energy and high-tech products, the Dominican Republic has the potential to become a key player in the global rare earth market.
