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Why rare earth metals matter

Posted: 11/01/10, 5:52 pm
by bob
"Rare earth metals are a group of elements that are used in a wide range of products we use every day, including hard drives and hybrid cars. Their properties, notably as light-weight magnets, make them key to the ongoing miniaturization of electronics and the growth of green technologies....

"China recognized the importance of these elements decades ago and now supplies almost all the rare earth materials in the world. Companies and countries outside of China are becoming increasingly concerned that this lock on supply could handicap burgeoning green industries, such as wind power and electric vehicles." ... 7-1_3-0-20

Posted: 11/02/10, 7:27 am
by Gerry
Good article, scary stuff.