"There is no viable rare earth substitute. Other metals have been tested, but they dont work. Scientists have had some success in reducing the amount of rare earths needed in products, but not enough."
http://www.prospectmagazine.co.uk/2009/11/heavy-metal/
"All of these applications absolutely require the use of rare earth elements. There simply is no substitute. But the rare earth elements used are so far down into the supply chain that people don't realize their importance."
http://www.mineweb.com/mineweb/view/mineweb/en/page72102?oid=83419&sn=Detail
" The U.S. Military is 100% import dependent upon rare earth magnets, critical to all guided missile
systems and ordinance. There are no substitutes.
The entire U.S. Militarys first strike, communications and most of its advanced weapons systems
and armor are 100% import dependent on rare earths, with as much as 99% originating in China.
There are no substitutes."
http://www.smenet.org/rareEarthsProject/TMS-NMAB-paperV-3.pdf
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