Abstract
Rare earth elements are used widely around the world. They are the greenest option for many technologies, for example, in automobiles. China dominates rare earth production. In 2014 it is mining/extracting 90+% of the world's rare earth supply. With one overwhelmingly dominant rare earth producer, the rare earth industry will be unstable till 2020 at least. New mine projects will eat into this dominance, but slowly. Recycle of end-of-use rare earth products will also help. For many applications (e.g., rare earth permanent magnets, rare earth rechargeable batteries), non-rare earth alternatives exist. However, these are usually less green, hence usually less desirable. For this reason, rare earths will always be wanted for many applications.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.