Rare earth materials are rarely talked about at cocktail parties..OK, never.
But they are used in nearly every electronic device essential to building “green” technologies, renewable energy products and vital for military applications.
So who cares? You should!!
Because China now produces over 97% of the world's rare earth supply, even though it has only 37% of proven reserves. All of the world's heavy rare earths come from Chinese rare earth sources.
So at your next cocktail party, ask around if anyone is worried about our supply of lanthanum, cerium, neodymium, europium and yttrium.
It's a great conversation starter.