Rare earth elements may be a mystery to many people, but they are very important components of many of the items used in homes and offices every day.
While 97 per cent of the world's supply is controlled by China, the US has the third largest reserves of rare earth elements.
But the only US mine where those elements are found is currently inactive, and US officials are beginning to view rare earths as a matter of national priority.
Al Jazeera's Rob Reynolds reports from Mountain Pass, California, once the site of the world's leading producer of rare earth elements.
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Showing posts with label Rare Earth Minerals. Show all posts
Showing posts with label Rare Earth Minerals. Show all posts
Monday, November 22, 2010
Sunday, November 21, 2010
China's Rare Earth Minerals monopoly
China Rare Earth Minerals monopoly
Rare earth metals are a collection of 17 chemical elements that are key to the production of a long list of modern-day technologies.
Despite their name, the elements are relatively plentiful in the earth's crust. However, because of their geochemical properties, the elements are not often found in concentrated forms that are economically viable to extract. Mining them is not only complex but costly, so many countries are cautious.
China produces more than 95 per cent of the elements for the world's technology industry. The rest is supplied by the US, Estonia, India, Malaysia and Brazil.
That may change, however, as demand for rare-earth metals rises for use in products such as smartphones, electric and hybrid cars, common computer monitors and televisions.
Al Jazeera's Melissa Chan, reporting from Baotou in China, examines the importance of these elements.
Rare earth metals are a collection of 17 chemical elements that are key to the production of a long list of modern-day technologies.
Despite their name, the elements are relatively plentiful in the earth's crust. However, because of their geochemical properties, the elements are not often found in concentrated forms that are economically viable to extract. Mining them is not only complex but costly, so many countries are cautious.
China produces more than 95 per cent of the elements for the world's technology industry. The rest is supplied by the US, Estonia, India, Malaysia and Brazil.
That may change, however, as demand for rare-earth metals rises for use in products such as smartphones, electric and hybrid cars, common computer monitors and televisions.
Al Jazeera's Melissa Chan, reporting from Baotou in China, examines the importance of these elements.
Labels:
Rare Earth Minerals
Thursday, October 28, 2010
Rare Earth Minerals Bubble ?
Oct. 28 2010 | Assessing whether there is a bubble in rare earth minerals, with the Fast Money team.
Labels:
Rare Earth Minerals
Subscribe to:
Posts (Atom)