Turkey just disclosed the second-largest reserve of rare earth — but its value is still up in the air

The world’s second-largest rare earth reserve has been discovered in Turkey, officials say, but experts warn that turning rare earth deposits into financial success is easier said than done.

The site in the central Anatolia region contains 694 million tons of rare earth reserves, according to a statement from Turkey’s Ministry of Energy and Natural Resources. The world’s largest rare earth field is an 800-million-ton site in China, officials added.

Rare…