The Conversation (0)
International Business Times reports that rare earth metals are making huge price gains as they are used to for electronics.
International Business Times reports that rare earth metals are making huge price gains as they are used to for electronics.
The market news is quoted as saying,
Indeed, amongst all the various uses for rare earth elements (REEs) and other elements included under a “rare” banner a common theme is one of “twenty-first century”. REEs are used to significantly increase the strength-to-weight ratio of metal alloys and to make super magnets which significantly increase the efficiency of electric motors. Right there you have wind turbines and electric cars. Indeed, it has been said that the world’s shift to “green” solutions will not be possible at all without REEs.
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