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Bastnäsite is unique because it is one of the few minerals mined primarily for its rare-earth content, whereas others like monazite are often just by-products. Its extraction involves complex metallurgical processes:

The dominant deposit in the United States.

Known for producing some of the highest-quality crystal specimens. Industrial Significance

The world's largest deposit, containing roughly 80% of global reserves.

), often containing other light rare earths like lanthanum, yttrium, and thorium.

Bastnäsite is a critical and the world's primary source of light rare-earth elements (REEs) , particularly cerium, lanthanum, and neodymium. It is prized industrially for high-tech manufacturing and by collectors for its rare, brilliant gemstone varieties. Key Characteristics & Origins Composition: Primarily a cerium fluoride carbonate (

Typically found in colors ranging from honey-yellow to reddish-brown . While the mineral itself is common, transparent, gem-quality crystals are extremely rare and valued for their high refractive index, which gives them exceptional brilliance and "fire". Major Deposits:

Our Auction

Augeo Asset Management Pvt. Ltd. is a premier disposal and asset monetisation company that brings together technology, a strong pan-India on-ground presence, and deep domain expertise across valuations, properties, IBC, scrap, and recycling. With a verified buyer base of over 50,000 participants across diverse verticals, all tested and vetted through auctions conducted since 2011, Augeo ensures transparency and credibility at every stage.

Upholding SAMIL’s integrity-led standards, Augeo, through its auction platform 123done.in, has built a strong niche in delivering efficient, reliable, and scalable auction solutions.

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Bastnäsite is unique because it is one of the few minerals mined primarily for its rare-earth content, whereas others like monazite are often just by-products. Its extraction involves complex metallurgical processes:

The dominant deposit in the United States.

Known for producing some of the highest-quality crystal specimens. Industrial Significance

The world's largest deposit, containing roughly 80% of global reserves.

), often containing other light rare earths like lanthanum, yttrium, and thorium.

Bastnäsite is a critical and the world's primary source of light rare-earth elements (REEs) , particularly cerium, lanthanum, and neodymium. It is prized industrially for high-tech manufacturing and by collectors for its rare, brilliant gemstone varieties. Key Characteristics & Origins Composition: Primarily a cerium fluoride carbonate (

Typically found in colors ranging from honey-yellow to reddish-brown . While the mineral itself is common, transparent, gem-quality crystals are extremely rare and valued for their high refractive index, which gives them exceptional brilliance and "fire". Major Deposits:

Our Group Companies

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  • Shriram Automall India Ltd. Logo

Testimonials

  • bastnasite Mr. Jaswinder BakshiDeputy Vice President, Tata Capital
  • bastnasite Mr. R. NandagopalCEO, Greaves Cotton Limited
  • bastnasite Mr. Subhash KediaDirector, Shakti Commodities Pvt. Ltd

I was amazed to see the price of our pre- owned vehicles and equipment going beyond our expectations through SAMIL. Due to a perfect mix of its various bidding platforms, we prefer SAMIL as a one-stop solution to our needs.

In the volatile business scenario of today, every business is looking at innovative and non- conventional customer outreach methods. Working with SAMIL has been an effective route for us to connect and engage with a new set of potential customers......

An association with SAMIL's bidding platforms has always earned a best price for our equipment. According to me, this method of disposing pre- owned equipment is highly effective as it attracts a large number of audiences through SAMIL.

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