The Conversation (0)
Business Insider reported that there is no simple way to reduce global dependence on rare earths by using substitute materials.
Business Insider reported that there is no simple way to reduce global dependence on rare earths by using substitute materials.
As quoted in the market news:
The real issue at hand in REE-dependent industries is supply shortages. While alternatives cannot be found for all uses, it is necessary for companies to evaluate their needs and the resulting costs. Because not all rare earths are created equal, it is now necessary to consider the idiosyncratic qualities these different metals carry, and what purpose each serves.